Private Markets Assistant Portfolio Manager - Alternatives

StateJobsNY

$125K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years in private market investment analysis
  • High integrity and ethical standards in practices
  • Advanced Excel skills for financial modeling
  • MBA, CFA, or CAIA preferred
  • Strong leadership and team management capabilities
  • Analytical skills with complex financial data interpretation
  • Experience with financial tools like Bloomberg and Pitchbook

Responsibilities

  • Design and lead investment diligence processes
  • Source and screen private market opportunities
  • Develop analytical and forecasting models
  • Prepare detailed investment memos and presentations
  • Conduct market research on trends and regulations
  • Build relationships with consultants and stakeholders
  • Mentor junior team members and foster a collaborative culture

Benefits

  • Competitive compensation
  • Growth potential in your career
  • Supportive team environment
  • Generous vacation and sick leave
  • Paid holidays
  • Affordable health and dental plans
  • Retirement options
  • Public Student Loan Forgiveness (PSLF)
  • Flexible work arrangements including telecommuting
Full Job Description
Duties Description The New York State Insurance Fund (NYSIF), with over $20 billion of assets under management, is seeking an experienced private markets investment professional to execute investment opportunities in its growing, internally managed private markets portfolio. Salary will be commensurate with experience.

Responsibilities include, but are not limited to:
• Design and lead the diligence process for potential investments in private markets, including private equity, private credit and real assets.
• Assist in sourcing and screening investment opportunities.
• Develop analytical and forecast models.
• Prepare investment memos and create PowerPoint presentations related to investment recommendations, portfolio performance, and market updates.
• Conduct market research to stay informed about market trends, economic conditions, and regulatory changes impacting private markets.
• Build and maintain relationships with external consultants, general partners, limited partners, and other stakeholders.
• Mentor and guide junior team members, fostering a collaborative and high-performance culture.
• Support leadership on ad hoc projects related to strategy development, asset allocation and market studies.
• Perform other duties and responsibilities as assigned by management.

Minimum Qualifications • A minimum of seven years of experience in sourcing and evaluating primary and/or secondary private market comingled fund opportunities.
• Demonstrated high level of integrity and ethical standards in investment practices.
• Advanced proficiency in Excel for developing M&A and fund cash flow models to facilitate analysis and forecasting.
• Preference may be given to candidates who have obtained their MBA, Chartered Financial Analyst (CFA), or Chartered Alternative Investment Analyst (CAIA) credential.

Preferred Qualifications:
• Excellent leadership and team management abilities.
• Strong analytical and quantitative skills, with ability to interpret complex financial data.
• Strong communication skills and attention to detail.
• Familiarity with industry financial tools such as Bloomberg, CapitalIQ, eFront, Pitchbook, MSCI - Private Capital Private i, and others.

Additional Comments Please note, the official Civil Service title for this position is: Special Investment Officer.

Please note, the salary range displayed includes special salary treatments, such as location pay.

Salary within the posted range will be commensurate with experience. Please note, NYSIF does not offer bonus programs as part of our compensation program.

Fringe Benefits:
• Competitive compensation
• Future career growth potential
• Open and supportive team-based environment
• Plentiful vacation, personal, and sick time off
• Paid state and federal holidays
• Affordable health insurance plans
• Dental and vision benefits provided at no additional cost
• Retirement options
• Public Student Loan Forgiveness (PSLF)
• Possibility of telecommuting, flextime, and Alternative Work Schedules (AWS)

Name Human Resources

Telephone



Email Address [email protected]

Address

Street PO Box 66699

City Albany

State NY

Zip Code 12206

Notes on Applying Please submit resume and cover letter to [email protected], referencing the Vacancy ID number in your subject line.

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