StateJobsNY

NY HELPNo

AgencyState Comptroller, Office of the

TitleJunior Investment Officer (Special Investment Officer) Item #06872

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitM/C - Management / Confidential (Unrepresented)

Salary RangeFrom $102014 to $134658 Annually

Employment Type Full-Time

Appointment Type Contingent Permanent

Jurisdictional Class Exempt Class

Travel Percentage 15%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5 PM

Flextime allowed?

Mandatory overtime?

Compressed workweek allowed?

Telecommuting allowed? Yes

County New York

Street Address Office of the New York State Comptroller

59 Maiden Lane

City New York

StateNY

Zip Code10038

Minimum Qualifications • BA, ideally in business, economics, or similar quantitative field; MBA/masters and CFA pursuit preferred
• 3+ years of relevant financial experience

Duties Description • Assist Senior Investment Officers in performing due diligence for potential real estate investment opportunities, both in commingled closed/open ended funds and within the Separate Account mandate, by coordinating the collection and evaluation of materials from investment managers, partners, advisors, and consultants.
• Build consensus with internal and external constituencies (including the CIO, legal, accounting, the fund’s advisors, and counter-party investment and asset management teams) to facilitate the deal process once approved by the Real Estate Advisory Committee.
• Work with the fund’s legal staff, custodian bank, and operations division to establish and monitor closing timelines and ensure accurate distributions of capital.
• Assist with, and actively participate in the arrangement and memorialization of meetings with potential and existing investment managers and partners.
• Assist with financial modeling and documenting proposals for new investments and evaluating the performance of the existing portfolio, including drafting recommendation memos that focus on identifying and mitigating risks associated with business plan execution, portfolio construction and management, and the performance of investment managers and operating partners.
• Assist with preparing investment presentations (written and oral), and proactively seeking to assist with other ad hoc requests that contribute to the success of the real estate team and fund.

Additional Comments Telecommuting:
The Office of the New York State Comptroller (OSC) supports telecommuting where it is reasonable to do so based upon the agency’s mission and operational needs. Generally, employees new to OSC will be restricted from telecommuting for at least 8 calendar weeks. After the initial 8 calendar week restriction, if an employee’s duties and work performance are aligned with telecommuting they may be allowed to do so. Upon approval to telecommute, OSC employees may telecommute up to 5 days per pay period.

Reasonable Accommodation:
The NYS Office of the State Comptroller provides reasonable accommodations to applicants with disabilities. If you need reasonable accommodation for any part of the application and hiring process, please notify the Division of Human Resources at (518) 474-1924.
Equal Opportunity Employment:
The Office of the NYS Comptroller values a workforce with a broad, diverse range of backgrounds and perspectives. All employees are expected to contribute to a professional environment focused on self-evaluation and improvement, as well as acceptance and support of coworkers.
Desired Competencies:
• High ethical standards and commitment to the fiduciary responsibilities associated with working for a public pension fund.
• Understanding of basic real estate investment concepts, strategies, asset classes, and fundamental investment factors.
• Strong written and oral communication skills to assist with memos, presentations, and other internal communications.
• Able to meet deadlines, work under limited supervision, and take a detail-oriented approach to work.
• Team player that is actively seeking to learn and grow professionally; candidate should be proactive and self-motivated.
• Bachelor’s degree, ideally in business, finance, economics, or similar quantitative field
• Relevant internships with firms involved in real estate capital markets, asset management, or finance; asset-level underwriting experience is a plus.

Some positions may require additional credentials or a background check to verify your identity.

Name Brittany Pebler

Telephone (518) 474-1924

Fax (518) 486-6723

Email Address recruit@osc.ny.gov

Address

Street Office of Human Resources

110 State Street, 12th Floor

City Albany

State NY

Zip Code 12236

Notes on ApplyingSubmit a clear, concise cover letter and resume stating how you meet the above minimum qualifications to recruit@osc.ny.gov, no later than April 22, 2024. Documents must be sent as unlocked and accessible attachments.
Reference Item #06872-BEP in the subject line of your email and on your cover letter for proper routing.
If you have questions about this vacancy, please contact this Division representative:
Division contact: Shari Burnett sburnett@osc.ny.gov
When responding, please include the reference number from this section only. The StateJobsNY website Vacancy ID # should not be included.