Source: New York State Jobs · Bespree is not the employer.
The TRS Investment Officer 1/Trainee will be responsible for, but not limited to, the following duties:
-Trade processing and accounting related to internally managed investment portfolios
-Capital call and distribution processing related to real estate and private equity investments
-Coordinating and monitoring investment portfolio reconciliation, reporting and accounting for externally managed investment portfolios including public market portfolios, as well as real estate and private equity investments
-Cash processing and other activities requiring interaction with the custodial bank
-Operational compliance functions of a statutory and regulatory nature
-Oversight and accounting for the securities lending program
-Analysis of investment related activities, fees, valuations and attribution
-Assist with quarterly board investment reporting including performance, asset allocation and proxy reports
-Assist with compilation of investment data for inclusion in the annual comprehensive financial report
Traineeship Enter at the Grade 14: A bachelor's degree or higher.
Traineeship Enter at Grade 16: A bachelor's degree or higher; and one year of professional investment experience.
Grade 18: A bachelor's degree or higher; and two years of professional experience; or a bachelor's degree and completion of a two-year traineeship.
Qualifying experience includes:
Investment-related duties reflecting a fundamental knowledge of the financial markets and an understanding of the economic forces that impact the financial markets, or analysis of financial or economic data; investment risk or portfolio management; investment operations; investment compliance, investment auditing, investment accounting, and quantitative analysis.
Commercial real estate investing (investment acquisitions or asset management) or commercial mortgage lending, specifically involving the financing, investing in, leasing of, or asset management of large commercial real estate assets (generally properties worth $10 million or more).
Non-qualifying experience includes: activities applicable to small commercial properties (e.g., two to four family homes), the sale or brokerage of single-family homes, or experience marketing or selling financial service products to individuals, as performed by financial advisors and stockbrokers.
Substitutions:
Successful completion of all three levels of the CFA exam may substitute for two years of experience; a Chartered Alternative Investment Analyst (CAIA) designation, a Certified Commercial Investment Member (CCIM), a Member of the Appraisal Institute (MAI), or a Certified Public Accountant (CPA) may substitute for one year of experience; and a master's degree in Business Administration concentrating in Finance or a closely related concentration may substitute for two years of experience.
New York State agencies, departments, and public authorities provide services across healthcare, engineering, administration, public safety, the trades, and other areas.
Source: New York State Jobs · Bespree is not the employer.
The TRS Investment Officer 1/Trainee will be responsible for, but not limited to, the following duties:
-Trade processing and accounting related to internally managed investment portfolios
-Capital call and distribution processing related to real estate and private equity investments
-Coordinating and monitoring investment portfolio reconciliation, reporting and accounting for externally managed investment portfolios including public market portfolios, as well as real estate and private equity investments
-Cash processing and other activities requiring interaction with the custodial bank
-Operational compliance functions of a statutory and regulatory nature
-Oversight and accounting for the securities lending program
-Analysis of investment related activities, fees, valuations and attribution
-Assist with quarterly board investment reporting including performance, asset allocation and proxy reports
-Assist with compilation of investment data for inclusion in the annual comprehensive financial report
Traineeship Enter at the Grade 14: A bachelor's degree or higher.
Traineeship Enter at Grade 16: A bachelor's degree or higher; and one year of professional investment experience.
Grade 18: A bachelor's degree or higher; and two years of professional experience; or a bachelor's degree and completion of a two-year traineeship.
Qualifying experience includes:
Investment-related duties reflecting a fundamental knowledge of the financial markets and an understanding of the economic forces that impact the financial markets, or analysis of financial or economic data; investment risk or portfolio management; investment operations; investment compliance, investment auditing, investment accounting, and quantitative analysis.
Commercial real estate investing (investment acquisitions or asset management) or commercial mortgage lending, specifically involving the financing, investing in, leasing of, or asset management of large commercial real estate assets (generally properties worth $10 million or more).
Non-qualifying experience includes: activities applicable to small commercial properties (e.g., two to four family homes), the sale or brokerage of single-family homes, or experience marketing or selling financial service products to individuals, as performed by financial advisors and stockbrokers.
Substitutions:
Successful completion of all three levels of the CFA exam may substitute for two years of experience; a Chartered Alternative Investment Analyst (CAIA) designation, a Certified Commercial Investment Member (CCIM), a Member of the Appraisal Institute (MAI), or a Certified Public Accountant (CPA) may substitute for one year of experience; and a master's degree in Business Administration concentrating in Finance or a closely related concentration may substitute for two years of experience.
New York State agencies, departments, and public authorities provide services across healthcare, engineering, administration, public safety, the trades, and other areas.