What are the responsibilities and job description for the Head of Diverse Emerging Manager Strategy position at City of New York?
The New York City Comptrollers Office works to promote the financial health integrity and effectiveness of New York City government in order to strengthen trust secure a thriving future for all New Yorkers and build a more just equitable and resilient city. Led by an independently elected citywide official the comptrollers office provides checks and balances needed to hold City government accountable for budgeting wisely investing responsibly operating efficiently acting fairly living up to its obligations and promises and paying attention to the longterm challenges we face together.
The Bureau of Asset Management is responsible for oversight of the investment portfolios of the five New York City pension systems. Through a culture of collaboration individual development and teamwork that leverages diverse talent and strives for continuous improvement the goal of the Bureau of Asset Management is to achieve exceptional investment outcomes for all stakeholders; to deliver outstanding support to plan Trustees; and to serve as a responsible steward of the resources of plan beneficiaries and the City of New York.
The Head of Diverse and Emerging Manager Strategy is tasked with the strategic oversight development and execution of the Emerging Manager Program. This role is crucial for identifying evaluating and managing relationships with emerging managers across various asset classes ensuring the program aligns with our organizational goals of enhancing diversity and driving financial performance through innovative and sustainable investments.
Reporting to the Deputy Chief Investment Officer for Responsible Investing responsibilities of the position include but are not limited to the following :
Work with the Systems Boards of Trustees and their Consultants to identify and support due diligence processes for potential investment opportunities with emerging managers aligning with strategic objectives.
Develop and maintain robust relationships with internal and external stakeholders to enhance program visibility and success.
Oversee the performance analysis of investments and recommend portfolio adjustments based on market research and data.
Represent the institution at conferences and seminars enhancing the programs profile and networking with potential partners.
Manage the ongoing monitoring and reporting of investment performance ensuring adherence to policy and performance objectives.
Provide leadership and direction to the team promoting an environment that encourages professional growth and knowledge sharing.
Prepare detailed written recommendations in support of new and followon investments or programs; and
Perform related assignments or special projects as may be required.
Qualifications :
1. Graduate degree from an accredited university in economics finance business or a closely related field and seven (7) or more years of progressively responsible fulltime professional experience in a financial services organization with progressively increasing responsibility or similar experience at a consulting strategic advisory or government entity or closely related area at least eighteen (18) months or more of this experience must have been in a managerial administrative or supervisory capacity. Supervision must have included supervising staff performing professional work in the areas described above; or
2. BA / BS degree from an accredited college and ten (10) or more years of progressively responsible experience in a financial services organization as described in 1 above including at least eighteen (18) months of managerial administrative or supervisory experience as described in 1 above; or
3. A satisfactory equivalent of education and experience mentioned above.
Additional Information :
The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic including but not limited to an individuals sex race color ethnicity national origin age religion disability sexual orientation veteran status gender identity or pregnancy.
Remote Work : Employment Type :
Fulltime
Key Skills
Marketing,Data Visualization,Tableau,Customer Segmentation,Microsoft Powerpoint,Investment Banking,Strategic Planning,Financial Modeling,Customer relationship management,Management Consulting,Google Suite,Analytics
Vacancy : 1
