Private Markets Assistant Portfolio Manager

NY HELP No

Agency Insurance Fund, State

Title Private Markets Assistant Portfolio Manager

Occupational Category Other Professional Careers

Salary Grade NS

Bargaining Unit M/C - Managerial/Confidential (Unrepresented)

Salary Range From $225000 to $246000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Exempt Class

Travel Percentage 10%

Workweek Mon-Fri

Hours Per Week 37.50

Workday

From 8 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

County New York

Street Address 199 Church Street

City New York City

State NY

Zip Code 10007

Duties Description Description:The New York State Insurance Fund (NYSIF), with over $20 billion of assets under management, is seeking an experienced private markets investment professional to execute investment opportunities in its growing, internally managed private markets portfolio. Salary will be commensurate with experience.Responsibilities include, but are not limited to:- Design and lead the diligence process for potential investments in private markets, including private equity, private credit and real assets.- Assist in sourcing and screening investment opportunities.- Develop analytical and forecasting models.- Prepare investment memos and create PowerPoint presentations related to investment recommendations, portfolio performance, and market updates.- Conduct market research to stay informed about market trends, economic conditions, and regulatory changes impacting private markets.- Build and maintain relationships with external consultants, general partners, limited partners, and other stakeholders.- Mentor and guide junior team members, fostering a collaborative and high-performance culture.- Support leadership on ad hoc projects related to strategy development, asset allocation and market studies.- Perform other duties and responsibilities as assigned by management.

Minimum Qualifications Minimum Qualifications: - A minimum of seven years of experience in sourcing and evaluating primary and/or secondary private market comingled fund opportunities.- Demonstrated high level of integrity and ethical standards in investment practices.- Advanced proficiency in Excel for developing M&A and fund cash flow models to facilitate analysis and forecasting.- Preference may be given to candidates who have obtained their MBA, Chartered Financial Analyst (CFA), or Chartered Alternative Investment Analyst (CAIA) credential.Preferred Qualifications:- Excellent leadership and team management abilities.- Strong analytical and quantitative skills, with ability to interpret complex financial data.- Strong communication skills and attention to detail.- Familiarity with industry financial tools such as Bloomberg, CapitalIQ, eFront, Pitchbook, MSCI - Private Capital Private i, and others.Please be advised that the New York State Insurance Fund (NYSIF) does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position. NYSIF is not currently enrolled in eVerify, which is a requirement for certain types of employment verifications.

Additional Comments Additional Information: - Primary Location: New York City- Travel: 10%- Schedule: 9 AM - 5 PM- Telecommuting: Subject to NYSIF's telecommuting program approval process, this position may offer up to 50% telecommuting. - Jurisdictional classification: Exempt - Bargaining unit: Management Confidential (M/C)- Civil Service title: Special Investment Officer*All exempt appointments require completion of a background check by the NYS Governor's Office of Appointments prior to appointment and completion of an annual Financial Disclosure Statement upon appointment offer. As this position is not tenure-bearing, except under specific circumstances, the employment relationship can be altered at any time by either the incumbent or the appointing authority. Fringe Benefits: - Competitive Compensation- Future Career Growth Potential - Open and Supportive Team-Based Environment- Plentiful Vacation, Personal, and Sick Leave Accruals - Paid State and Federal Holidays- Full Medical, Vision, and Dental- Retirement Options- Public Student Loan Forgiveness (PSLF)- Possibility of Telecommuting, Flextime, and Alternative Work Schedules?About NYSIF: NYSIF is the largest workers' compensation insurer in New York State and among the ten largest nationwide. NYSIF covers 2 million workers and insures 200,000 employers in New York State. NYSIF's mission is to guarantee the availability of workers' compensation, disability insurance and paid family leave at the lowest possible cost to New York employers while maintaining a solvent fund. Since its inception 110 years ago, NYSIF has fulfilled this mission by competing with other insurance carriers to ensure a fair marketplace while serving as a guaranteed source of coverage for employers that cannot secure coverage elsewhere. NYSIF strives to achieve the best health outcomes for injured workers and be an industry leader in price, quality, and service for New York employers. For more information, visit nysif.com.NYSIF Commitment to Diversity, Equity, and Inclusion:The New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have.Executive Order 31:Executive Order 31 commits New York State government to becoming a model employer for people with disabilities, increasing the participation of people with disabilities in state service and ensuring equal access to opportunities. NYSIF is proud to utilize best practices to recruit, hire, retain, and promote career advancement of individuals with disabilities. This includes special focus on current and prospective employees with the most significant disabilities, such as the use of supported employment, individual placement with support services, customized employment, the civil service sections 55/b and 55/c programs, internships, and job shadowing. If you are a person with a disability and wish to request that a reasonable accommodation be provided for you to participate in a job interview, please send an email to NYSIF's Reasonable Accommodations mailbox at [email protected].

Some positions may require additional credentials or a background check to verify your identity.

Name HR Exec

Telephone

Fax 518-437-1618

Email Address [email protected]

Address

Street 15 Computer Drive West

City Albany

State NY

Zip Code 12205

Notes on Applying Candidates must submit a resume and cover letter outlining their interests and skills to [email protected] referencing the NYSIF Vacancy Posting Number in the subject line. Submissions without a cover letter may not be considered.