About this role
Job Description
INTERNAL EMPLOYEES ONLY: This position is open only to the current employees of the Office of the New York City Comptroller.
The New York City Comptroller’s 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 comptroller’s 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 long-term 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.
BAM’s Contracting Division is responsible for the procurements and contracts required for the execution of BAM’s mandates in support of the financial assets of the New York City pension funds. This includes, but is not limited to, procurements related to investment managers, operations, reporting, and financial consulting services. Activities cover the full spectrum of the New York City procurement process from Requests for Proposals, through registration of all contracts.
Reporting directly to the Director of Contracts and working closely with the Chief Contracting Officer, the Senior Contract Analyst responsibilities include, but are not limited to:
- Prepare complex RFPs, Notices of Search, and other solicitation types in accordance with the New York City Procurement Policy Board Rules;
- Lead and facilitate major procurement activities for RFI/RFPs and Notices of Search, including the facilitation of complex negotiations;
- Work with business teams to define requirements for vendors across multiple functions critical to the Asset Management function;
- Prepare new contracts, contract amendments and contract extensions;
- Maintain contract related supporting information including the contract database and workflow management tools;
- Interface and facilitate with BAM staff, The Office of the General Counsel (OGC), and other NYC procurement and contract teams to navigate the vendor acquisition process from the RFI/RFP, Notice of Search stage through registration;
- Assist the Director of Contracts and the Chief Contracting Officer in creating standardized, reusable contract clauses and templates to improve the efficiency of the contract development process;
- Understand, explain, and apply contract rules and regulations in accordance with the New York City Procurement Policy Board Rules and other requirements;
- Utilize software applications such as Financial Management System (FMS), and PASSPort, in addition to other electronic and online databases to monitor procurement processing and complete procurement-related documents.
- Perform other related duties as may be required.
INVESTMENT ANALYST - 40925
Qualifications
1. 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
2. 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.
Special Note:
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.
Special Note:
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.
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 individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.