Private Markets Assistant Portfolio Manager

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, Capital
  
  IQ, 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

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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…