Investment Officer, Public Equity

Investment Officer, Public Equity

The New York City Comptroller's 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 comptroller's 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. 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 Investment Officer will assist in overseeing the Public Equity allocation, which currently totals approximately $117 billion. The Investment Officer will report to the Head of Public Equity. Responsibilities include, but are not limited to, the following :

• Analyze portfolio construction, provide recommendations on manager allocation, manager selection and sizing. Contribute towards building a more efficient portfolio to meet investment objectives of the systems.
• Working with the investment team and the Systems consultants to identify, review and evaluate both prospective and current investment managers
• Documenting the investment manager due diligence process
• Monitoring and relationship management of a portion of the portfolio of existing investment managers
• Preparing and presenting decision-making documents for the internal BAM Investment Committee and Boards of Trustees
• Overseeing the funding of investment managers and the transition of assets
• Drafting, maintaining and revising investment manager guidelines and providing input for policy statements as needed
• Designing criteria and parameters for analysis of market trends, strategies, industries, sectors, geographies and other topics as required
• Performing related assignments or special projects as required.

INVESTMENT MANAGER (COMPTROLLE - 95611

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.