Portfolio Implementation Manager

$165,000 - $200,000/Yr

Insurance Fund - New York, NY

posted 3 months ago

Full-time - Mid Level
Remote - New York, NY
10,001+ employees
Insurance Carriers and Related Activities

About the position

The Portfolio Implementation Manager at the New York State Insurance Fund (NYSIF) plays a crucial role in assisting with all aspects of the agency's investment management. This position reports directly to the Chief Investment Officer (CIO) and is responsible for overseeing the investment life cycle, which includes onboarding, cash flow management, trading, and investment system integrations. The incumbent will need to stay informed about industry best practices and regulatory changes that may impact portfolio management. In this role, the Portfolio Implementation Manager will oversee various investment department processes, policies, projects, and procedures to ensure consistency across the board. The position requires collaboration with multiple departments, including Technology, Legal, Finance, and Procurement, as well as external consultant teams to manage visible projects effectively. The manager will also be tasked with developing content and presentation decks for investment committee meetings and board materials, articulating portfolio strategic priorities and business overviews. Additionally, the Portfolio Implementation Manager will coordinate with internal and external managers and other key stakeholders to enhance portfolio management processes. This includes assisting the portfolio management team in implementing new investment strategies, such as alternative assets and derivatives, and supporting portfolio cash and liquidity management. The role also involves onboarding new managers and external consultants, as well as setting up accounts in custodian and vendor systems. Other related duties may be assigned as necessary.

Responsibilities

  • Oversight of various investment department processes, policies, projects, and procedures to ensure consistency.
  • Collaboratively partner with Technology, Legal, Finance, Procurement, and external consultant teams to manage multiple visible projects.
  • Develop content and presentation decks (investment committee and board materials) articulating portfolio strategic priorities and business overviews.
  • Coordinate with internal, external managers and other key stakeholders to manage and improve portfolio management processes.
  • Assist the portfolio management team to implement new investment strategies, such as alternative assets and other types of derivatives.
  • Support portfolio cash and liquidity management.
  • Assist with the onboarding of new managers, external consultants, and setting-up accounts in custodian and vendor systems.
  • Perform other related duties and responsibilities as necessary and assigned.

Requirements

  • Bachelor's degree; Master in Business Administration and/or CFA strongly preferred.
  • 7 years + of relevant asset management industry experience.
  • Expert user of PowerPoint and Excel and adeptness to learning new software.
  • Working knowledge of Bloomberg and Aladdin.
  • Excellent verbal and written communication skills with demonstrated ability to develop materials and effectively present to executive audiences.
  • Strong ability for effective time management and meet deadlines.

Nice-to-haves

  • Working knowledge of investment principles, products, and markets and demonstrates an enthusiasm to learn.
  • Ability to carry out activities that are large in scope and technically difficult.
  • Strong consultative skills ranging from analytics, strategy development, influencing, facilitation and consensus building.
  • Dynamic relationship building and partnership skills; leading initiatives across multiple stakeholder groups.

Benefits

  • Dental insurance
  • Family leave
  • Flextime
  • Health insurance
  • Opportunities for advancement
  • Paid holidays
  • Vision insurance
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