Investments Technology Analyst
Vacancy Posting #N18-54
Deadline to Apply: January 31, 2019
Investments Technology Analyst
NYSIF Investments – New York City
Salary: $120,000 - $145,000
The New York State Insurance Fund (NYSIF) Investments Department is seeking an experienced investment technology professional to enhance its technology systems and processes. This represents a unique opportunity to join a dedicated team of investment professionals and assist in the build-out of its operations. Under the general direction of the Chief Investment Officer and the Chief Strategy/Risk Officer, the role of the Technology Analyst will implement best-in-class IT solutions to satisfy the business and operational requirements of the Investments Department and advise leadership on new initiatives to bolster the department’s data, performance and technological capabilities
Responsibilities include, but are not limited to:
- Work closely with NYSIF’s custodian, consultant(s), asset managers and the internal investment team to improve data flow and streamline processes.
- Manage integration projects encompassing external and third-party data feeds.
- Serve as point of contact for Investment Department systems related matters and serve as facilitator for resolving systems or data related issues.
- Act as Bloomberg system administrator and subject matter expert for the front, middle and back office functionalities.
- Act as an internal subject matter expert on BlackRock's Aladdin system; serve as a liaison between BlackRock's Aladdin team and NYSIF's investment staff; suggest and facilitate improvements in data flows and processes; lead the effort to ensure new asset classes, new data fields, additional analytic enhancements etc. as requested are incorporated into the Aladdin system accurately and on schedule.
- Coordinate with front, middle, and back office teams to establish best practices and assist in keeping process documentation up to date and suggest improvements.
- Create a leaner strategy for the Investment Department; provide guidance on functionality that would enhance our performance; be proactive by automating processes while being risk aware.
- Serve as the liaison for the Investment Department in new technology related projects and help oversee projects from start to finish (particularly in strategy, writing business requirements, and testing)
- Serve as a steward of the Investment Department data integrity and quality. The candidate will be expected to play a key role in developing and implementing a robust data culture. The candidate will be expected to refine and/or develop processes to ensure that data is accurately fed into the various systems used by the department and that various systems reflect consistent data.
- Oversee Business Continuity and Disaster Recovery planning for the Investments Department.
- Ad-hoc projects as assigned by CRO and CIO
Bachelor's degree with strong academic qualifications. Candidate should have a minimum of 5 years of experience in investment technology with knowledge of the full spectrum of asset classes, especially fixed income, public equity and real estate.
Familiarity with fixed income trading operations is essential given NYSIF's day to day trading activity. Familiarity with externally managed assets (separate accounts and fund structures) is also essential.
Familiarity with software systems used to facilitate transactions, run analytics, and house data such as Bloomberg, BlackRock Aladdin, YieldBook, CAMRA, and Oracle Financials is necessary. Familiarity with Intex and Trepp is a plus, as is familiarity with systems for alternative asset classes.
Seeking candidates with the following knowledge, skills and abilities:
- Goal-oriented individual with solid organizational skills
- Strong interest in the financial markets with excellent quantitative and analytical skills
- Ability to work well-independently and in team settings
- Demonstrated ability to manage technology projects from start to finish
- Ability to establish consensus and compromise amongst different stakeholders
- Ability to manage multiple projects simultaneously; keeping stakeholders up to date on timelines
- Extensive knowledge of BlackRock Aladdin reporting capabilities
- Strong Microsoft Office skills, particularly in Excel
Primary Location: New York City Travel: Minimal
Schedule: Full-Time, Monday - Friday
To Apply: Please email resume and cover letter to firstname.lastname@example.org. If necessary, candidates may also mail the information to: New York State Insurance Fund, 15 Computer Drive West, Albany, NY 12205.
The New York State Insurance Fund (NYSIF) was established in 1914 as part of the original enactment of the New York State Workers’ Compensation Law. NYSIF's mission is to guarantee the availability of workers’ compensation insurance at the lowest possible cost to New York employers and to provide timely, appropriate indemnity and medical payments to injured workers, while maintaining a solvent fund. Since inception, NYSIF has fulfilled the dual roles for which it was created: to compete with other carriers to ensure a fair market place and to be a guaranteed source of coverage for employers who cannot secure coverage elsewhere.
NYSIF is the largest workers’ compensation carrier in New York State and among the top 10 largest workers’ compensation carriers in the nation, insuring approximately 155,000 policyholders, with more than $2 billion in annual premium and $18 billion in assets. A self-supporting insurance carrier, NYSIF operates without taxpayer funding.
In addition to workers’ compensation insurance, NYSIF provides disability benefits coverage for off-the-job injuries to more than 61,000 New York employers. In 2018, NYSIF added Paid Family leave as a component of its disability benefits product, providing New Yorkers with job-protected, paid time away from work to care for their families.
Please note the following New York State Civil Service employment information:
- Jurisdictional classification: Exempt
- Bargaining unit: Management/Confidential
- Civil Service title: Special Investment Officer
Pursuant to Executive Order 161, no State entity, as defined by the Executive Order, is permitted to ask, or mandate, in any form, that an applicant for employment provide his or her current compensation, or any prior compensation history, until such time as the applicant is extended a conditional offer of employment with compensation. If such information has been requested from you before such time, please contact the Governor's Office of Employee Relations at (518) 474-6988 or via email at email@example.com.