Investment Portfolio Manager
3 weeks ago
The City of New York is seeking a highly skilled Investment Officer to join the Bureau of Asset Management. This role will be responsible for overseeing the investment activity for the Private Equity investment program for the five New York City pension systems.
Key Responsibilities:
- Supporting the identification, review, and evaluation of prospective investment opportunities;
- Conducting due diligence on investment opportunities;
- Performing technical and quantitative analyses of track records and summarizing due diligence findings in investment recommendation memoranda for internal Investment Committee and Boards of Trustees;
- Preparing and presenting investment recommendations to internal Investment Committee;
- Monitoring and managing the portfolio of existing investments to ensure compliance with the terms of the limited partnership agreement and other contracts and expectations;
- Reviewing legal documents and assisting the investment team, legal team, and external consultants in negotiating terms and conditions of new investment agreements and other related contracts;
- Reviewing and making recommendations on amendment requests, consent notices, and other contract changes;
- Writing investment update reports, briefing memoranda, and meeting summaries;
- Performing related assignments or special projects as may be required.
Requirements:
- A graduate degree from an accredited college or university with major studies in finance, economics, accounting, or business, or a related field;
- Three (3) or more years of full-time experience in a financial services organization, with progressively increasing responsibility for complex financial transactions and considerable exposure to private equity;
- BS/BA degree from an accredited college in the fields mentioned above and five (5) or more years of progressively responsible full-time professional experience as described above;
- 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.
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