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Senior Investment Officer - Private Equity

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Job Description

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

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

- Leading initiatives to identify, review and evaluate 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 and Boards of Trustees;

- Monitoring and managing the portfolio of existing investments; analyzing the performance of existing investments; conducting financial and technical analyses; preparing presentations used in annual implementation and strategic plans;

- 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; participating in limited partner advisory committee meetings, annual meetings and quarterly update calls; writing investment update reports, briefing memoranda and meeting summaries; and,

- Performing related assignments or special projects as may be required.

MINIMUM QUALIFICATION REQUIREMENTS:

1. A graduate degree from an accredited college or university with major studies in business, economics, finance, accounting, or a 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 private equity funds or similar experience; or,

2. BS/BA degree from an accredited college in the fields mentioned in “1” above and six (6) or more years of progressively responsible full-time professional experience as described above; or,

3. A satisfactory equivalent of education and experience mentioned in “1” or “2” above.

INVESTMENT MANAGER (COMPTROLLE - 95611

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.

Average salary estimate

$140000 / YEARLY (est.)

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$120000K

$160000K

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What You Should Know About Senior Investment Officer - Private Equity, City of New York

Are you ready to take your career to the next level? The New York City Comptroller’s Office is on the lookout for a Senior Investment Officer - Private Equity to join our dynamic Bureau of Asset Management. This is a fantastic opportunity to be a part of a mission-driven organization that focuses on promoting the financial health and integrity of New York City government. In this role, you will lead initiatives to explore and evaluate exciting investment opportunities for our five NYC pension systems. You’ll conduct thorough due diligence, analyze financials, and prepare insightful presentations for our Investment Committee and Boards of Trustees. Imagine the impact you can make by managing existing investments while navigating the complexities of financial agreements and contracts. You’ll also get to attend advisory meetings and contribute to strategic planning sessions that shape the city’s future. Our culture is rooted in collaboration and continuous improvement, where your ideas and insights matter. If you're passionate about finance, have a knack for technical analysis, and share our commitment to equity and stewardship, we’d love to hear from you. You'll need a graduate degree in finance, economics, or a related field, along with several years of experience in financial services. Your expertise will be critical for ensuring the best outcomes for the resources of all New Yorkers. Join us in creating a brighter, more equitable future for our city!

Frequently Asked Questions (FAQs) for Senior Investment Officer - Private Equity Role at City of New York

What are the key responsibilities of a Senior Investment Officer - Private Equity at the New York City Comptroller’s Office?

As a Senior Investment Officer - Private Equity at the New York City Comptroller’s Office, your primary responsibilities include leading the evaluation of potential investment opportunities for NYC's pension systems, conducting thorough due diligence, and preparing investment recommendations for review. You'll also be responsible for monitoring existing investments and analyzing their performance, ensuring that the portfolios are managed effectively while adhering to legal guidelines and best practices.