The Bureau of Asset Management (BAM) is responsible for oversight of the investment portfolio of the New York City Retirement Systems (Systems). This $200 billion portfolio is managed primarily by external investment managers. In addition, approximately $20 billion of city agency funds are invested internally.
The Senior Financial Reporting Investment Analyst will report to the Director of Financial Management, a group which reports directly to the Assistant Comptroller for Asset Management. Duties and responsibilities of the position include, but are not limited to, the following:
- Coordinates BAM work plans, with respect to the distribution of accounting data and schedules to the Bureau of Accountancy (BOA) and/or Reconciliation units within BOA to ensure the timely
delivery of financial data;
- Performs data analysis of investment holdings as directed by Director of Financial Management;
- Effectively communicates with custody banks for pension funds and city related investments;
- Interacts with other public fund investment counterparts and uses MS office tool to create analytic tools which are used to provide operational oversight of transactions, holdings and accounts;
- Performs calculations and compilations of financial data, assesses data quality, performs reconciliations and automates various reconciliations by downloading data from core applications to
- Prepares various asset, liability, revenue and expenditure schedules;
- Assists in the preparation of financial reports for the various pension and pension related funds;
- Conducts research to support data analysis or resolve discrepancies;
- Applies statistical techniques in the analysis of detailed financial or other data; and,
- Performs other related functions and assignments as may be required.
Minimum Qual Requirements
1. A baccalaureate degree from an accredited college including or supplemented by 24 credits in accounting, including one course each in advanced accounting, auditing, and cost accounting and four years of satisfactory full-time professional accounting or auditing experience, at least 18 months of which must have been in an administrative, managerial, or executive capacity or supervising a staff performing accounting or auditing work; or
2. A valid New York State Certified Public Accountant license and at least 18 months of satisfactory full-time professional accounting or auditing experience in an administrative, managerial or executive capacity or supervising a staff performing accounting or auditing work.
- Familiarity with GASB accounting principles and updates; knowledge in retrieving data off Bank Dashboards (State Street preferred), query tools, report writing/building tools and Risk platforms
- Knowledge of various investment asset classes including US and International Public debt and equity, private equity, real estate and hedge funds must be evident through education and/or
- High level of competency in Power Point, Microsoft Excel (including pivot tables and VLOOKUP's) and other Microsoft Office Suite products;
- Excellent interpersonal, communications and organizational skills is prominently required.
The selected candidate will be subject to the financial disclosure requirements of the office's Personal Trading Policy.
Certain residency requirements may apply. We appreciate every applicant’s interest; however, only those under consideration will be contacted.
Vacancy notices listed as “Until Filled” will be posted for at least five work days.
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New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.