TRS Investment Officer 2 - Risk Management

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These positions are eligible for a 60% remote/40% in-office flexible work option as outlined in NYSTRS’ Flexible Work Pilot Program.

This position’s primary responsibilities are to support the System’s investment risk management program and provide quantitative and qualitative support to the System’s enterprise risk management program.

Working under the direction of department management, the TRS Investment Officer 2-Risk Management is responsible for, but not limited to, the following duties:
• Assist in development, implementation and application of risk metrics and methodologies
• Assist in development, monitor, analyze and report of investment risk exposures
• Document risk exposures and report these exposures, along with policy exceptions to department management
• Assist in overseeing the maintenance of the investment risk framework and software system
• Prepare and review various risk reports for the Risk Department, Management and/or the System’s Retirement Board
• Assist in design and conduct scenario-based analysis and stress tests on the System’s multi-asset class investment portfolios to determine range of potential outcomes
• Lead risk meetings to communicate results of testing/reviewing activities and identify new or changed processes requiring enhancements risk inventories
• Mentor, train, and develop less experienced staff in the fundamentals of risk management
• May supervise junior level staff

Minimum Qualifications:

A bachelor’s degree and three years of professional experience in any combination of the following: investment risk or portfolio management, investment operations, investment compliance, investment auditing, investment accounting or quantitative analysis.
Substitutions: An advanced degree in accounting, business administration, economics, finance, information services, mathematics, risk management or a closely related field may substitute for one year of professional experience; successful completion of all three levels of the CFA exam may substitute for one year of professional experience. A maximum of one year of experience substitution is permitted.