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New York City

    Senior Investment Officer - New York, United States - City of New York

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    Description

    Job Description

    The New York City Comptrollers Office works to promote the financial health, integrity, and effectiveness of New York City government, in order to strengthen trust, secure a thriving future for all New Yorkers, and build a more just, equitable, and resilient city. Led by an independently elected citywide official, the comptrollers office provides checks and balances needed to hold City government accountable for budgeting wisely, investing responsibly, operating efficiently, acting fairly, living up to its obligations and promises, and paying attention to the long-term challenges we face together.

    As a workplace driven by our values, we are: Principled, Collaborative, Communicative, Equitable, Transformative, and Innovative.

    The Bureau of Asset Management is responsible for oversight of the investment portfolios of the five New York City pension systems. Through a culture of collaboration, individual development, and teamwork that leverages diverse talent and strives for continuous improvement, the goal of the Bureau of Asset Management is to achieve exceptional investment outcomes for all stakeholders; to deliver outstanding support to plan Trustees; and to serve as a responsible steward of the resources of plan beneficiaries and the City of New York.

    The Senior Investment Officer will assist in overseeing the investment activity for the infrastructure investment program for the five New York City pension systems. The Senior Investment Officer will report to the DCIO and Head of Infrastructure.

    Under the supervision of the DCIO and Head of Infrastructure Investments, responsibilities include, but are not limited to, the following:

    Identifying, reviewing, and evaluating prospective fund and co-investment opportunities. Conducting due diligence of co-investment opportunities; summarizing the due diligence findings in investment recommendation memoranda for presentation to the internal Investment Committee and Boards of Trustees;

    Monitoring the portfolio of existing fund and co-investments to ensure compliance with the terms of the closing documents and other contracts. Updating internal databases and analyzing the performance of existing investments;

    Reviewing deal documents and assisting various teams, including the General Counsels office and consultants, in negotiating terms and conditions of non-disclosure agreements, new investment agreements and other related contracts;

    Participating in fund and co-investment quarterly update calls. Writing investment update reports, briefing memoranda and meeting summaries;

    Constructing financial models as necessary for due diligence and preparing analyses used in annual implementation and strategic plans;

    Designing criteria and parameters for research analyses on market trends, strategies, industries, sectors, geographies and other topics; ensuring the accuracy of investment reporting;

    Monitor investment developments; designing reports to track Systems investment activity; and assisting in developing agendas for investment conferences and other events;

    Performing related assignments or special projects as required. They could include, but are not limited to evaluating and monitoring fund investments; reviewing and making recommendations with respect to amendment requests, consent notices, other contract changes and corporate governance matters; and,

    Performing other related tasks and responsibilities as may be required.

    Qualifications

    A graduate degree from an accredited college or university in business, economics, finance, accounting or a closely related field, and four (4) or more years of progressively responsible experience in a financial services organization handling complex financial transactions with considerable exposure to infrastructure investments (equity or debt), or similar experience at a consulting firm/bank; or,

    BS/BA degree from an accredited college with major studies in the fields mentioned above and six (6) or more years of progressively responsible professional experience as described above; or,

    A satisfactory equivalent of education and experience mentioned above.

    Additional Information

    The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.


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