Review Vacancy
Date Posted: 07/24/15
Applications Due: 09/01/15
Vacancy ID: 22559
Position Information
NY HELPNo
AgencyInsurance Fund, State
TitleSenior Fixed Income Portfolio Manager (Special Investment Officer)
Occupational CategoryFinancial, Accounting, Auditing
Salary GradeNS
Bargaining UnitM/C - Management / Confidential (Unrepresented)
Salary RangeFrom $160000 to $175000 Annually
Employment Type Full-Time
Appointment Type Temporary
Jurisdictional Class Exempt Class
Travel Percentage 20%
Schedule
Workweek Mon-Fri
Hours Per Week 37.5
Workday
From 9 AM
To 5 PM
Flextime allowed? No
Mandatory overtime? No
Compressed workweek allowed? No
Telecommuting allowed? No
Location
County New York
Street Address 199 Church Street
City New York
StateNY
Zip Code10007
Job Specifics
Minimum Qualifications Bachelor’s degree and five (5) to ten (10) years of experience in institutional, fixed income investing. Three (3) years of this experience must have included management/supervisory responsibility of traders and research analysts. Preference may be given to candidates who have obtained their MBA or Chartered Financial Analyst (CFA) credential (CFA study at any level a plus). Candidates must be New York State residents or be willing to relocate.
Duties Description Under the general direction of the Chief Investment Officer (CIO) the Senior Fixed Income Portfolio Manager will oversee and coordinate a variety of complex duties related to the internally managed portfolios.
Duties include, but are not limited to:
• Advising the CIO and other investment department staff as to the viability and risk/reward characteristics of various fixed income investment opportunities and making recommendations concerning asset allocation;
• Maintenance of a thorough knowledge of the credit, mortgages and government markets;
• Providing timely and accurate execution of trades;
• Examining and analyzing market trends and making decisions in the best interest of the NYSIF;
• Coordinating and collaborating with the CIO as well as other investment staff;
• Assists CIO in ensuring strict compliance with investment policy guidelines;
• Executing trades in the high-grade credit sector for cash bonds and structured products;
• Evaluating and escalating complex issues or problems to management;
• Managing with the goal of outperforming against customized indices;
• Overseeing and supervising the purchase and sale of securities based upon ALM funding requirements, portfolio rebalancing, index migration, and research analysts;
• Formulating and executing strategies for optimal investment earnings for long-term investments;
• Maintaining contact with financial institutions, advisory groups and management staff on matters concerning fixed income investment policy and procedures.
Additional Comments The New York State Insurance Fund (“NYSIF” or the “Fund”) is a self supporting state fund that provides workers’ compensation and disability benefits insurance in New York. With written premium of over $2 billion, NYSIF is the largest workers’ compensation insurance carrier in New York, and the sixth largest carrier in the country.
Some positions may require additional credentials or a background check to verify your identity.
Contact Information
Name Carol Filkins
Telephone (518) 437-6176
Fax (518) 437-1618
Email Address hr@nysif.com
Address
Street 15 Computer Drive West
City Albany
State NY
Zip Code 12205
Notes on ApplyingPlease send a resume and cover letter to HR@NYSIF.COM. Include the Vacancy ID number in the subject of your email.
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