Senior Quantitative Analyst - StateJobsNY : Job Details

The New York State Insurance Fund (NYSIF) with over $20 billion of assets under management, is seeking a Senior Quantitative Portfolio Analyst to join its investment risk management team to oversee portfolios across multiple asset classes. This position reports to the Chief Investments Risk Officer.

Responsibilities include, but are not limited to:

• Quantify risk exposures for all NYSIF portfolios, including those investing in fixed-income securities, equities and alternative assets
• Work closely with staff on portfolio optimization and scenario analysis, and help devise strategies to achieve stated portfolio objectives
• Use various systems (Aladdin, Bloomberg, Yield Book, Intex, etc.) and compile exposure and risk related data
• Measure and monitor various factor exposures across asset portfolios
• Measure, monitor, manage and report on various portfolio risk metrics such as VaR, credit VaR, expected shortfall, tracking error, stress testing, and asset-liability analysis
• Participate and contribute to regular portfolio strategy, credit review and risk management meetings, and contribute with ideas to improve portfolio structure, risk measurement, investment process, etc.
• Generate risk reports on both internally and externally managed portfolios for NYSIF colleagues and other stakeholders
• Produce and review performance attribution analysis and reports for internally managed portfolios and assist in this work for externally manager portfolios.

Minimum Qualifications:

• Bachelor's degree with strong academic qualifications
• Minimum of Seven years of experience in a comparable role
• Preference will be given to candidates who have worked at a buy-side institution

Preferred Qualifications:

• Master's degree in finance or a quantitative discipline, or possess the Chartered Financial Analyst (CFA) credential
• Experience with portfolio management software
• Five years background and knowledge of industry standard risk/portfolio analytic systems. Preference will be given to candidates with Blackrock Aladdin experience
• Strong financial modeling skills
• Prior background in fixed-income analytics (equity market experience a plus)
• Proficiency in Python is a plus
• Competent programming skills (VBA) and proficiency in security modeling
• Deep interest in capital markets
• Solid mathematical understanding of fixed-income instruments

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.

NYSIF Commitment to Diversity, Equity, and Inclusion:

The New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have.

Executive Order 31 commits New York State government to becoming a model employer for people with disabilities, increasing the participation of people with disabilities in state service and ensuring equal access to opportunities. NYSIF is proud to utilize best practices to recruit, hire, retain, and promote career advancement of individuals with disabilities. This includes special focus on current and prospective employees with the most significant disabilities, such as the use of supported employment, individual placement with support services, customized employment, the civil service sections 55/b and 55/c programs, internships, and job shadowing. If you are a person with a disability and wish to request that a reasonable accommodation be provided for you to participate in a job interview, please send an email to NYSIF's Reasonable Accommodations mailbox at [email protected].