Senior Investment Compliance Analyst

City of New York • New York City, NY

2d • Onsite

About The Position

The New York City Comptroller’s Office works to promote the financial health, integrity, and effectiveness of New York City government. The Bureau of Asset Management is responsible for oversight of the investment portfolios of the five New York City pension systems. The compliance department works to ensure investments comply with all relevant City, State and Federal law, the Systems’ investment guidelines, and asset allocation decisions made by the Systems and their Trustees. The Senior Compliance Analyst will help to identify and implement policies and workflows to monitor regulatory compliance within the Bureau, as well as with the Systems’ external managers and consultants on issues relevant to the financial services industry.

Requirements

• A baccalaureate degree from an accredited college or university, including or supplemented by 24 semester credits in accounting, business administration, economics, finance, law, mathematics, and/or statistics and one year of satisfactory full-time experience in investment activities of a governmental agency, financial institution, or brokerage firm; or
• A baccalaureate degree from an accredited college or university and two years of satisfactory full-time experience in investment activities of a governmental agency, financial institution or brokerage firm.
• To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one additional year of full-time experience in investment activities of a governmental agency, financial institution or brokerage firm.
• To be eligible for placement in Assignment Level III individuals must have, in addition to meeting the minimum requirements, at least two additional years of full-time experience in investment activities of a governmental agency, financial institution or brokerage firm.

Responsibilities

• Working with BAM Investment Strategy and the Office of the General Counsel, perform comprehensive compliance-related operational due diligence and disclosure form review on all new and existing public and private market manager recommendations and investments.
• Managing the compliance review to resolve portfolio trades and investments that do not comply with investment policy statements and investment guidelines for both externally managed accounts and internally managed, short-term accounts.
• Serving as the BAM Compliance liaison for all matters relating to the Systems’ Custodian.
• Monitoring, resolving, and reporting trade errors in the Systems’ portfolios.
• Overseeing the Annual Compliance and Ethics Questionnaire, including drafting the annual questionnaire, and managing the distribution and processing of its results.
• Creating comprehensive metrics for all compliance functions for the BAM senior team.
• Conducting special projects as required by the Chief Compliance Officer.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior