Back Office Jobs in Rutherford, NJ (NOW HIRING)

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.
The Director of Public Markets Middle & Back Office Support group will report to the Chief Operating Officer of the Bureau of Asset Management. The Public Markets Middle & Back Office Support group performs functions to support the public markets investment staff and oversight of the public market investment accounts throughout the lifecycle of the investment.
Responsibilities include, but are not limited to, the following:
- Oversees teams and functions performed within the Public Markets Middle Office, Public Markets Oversight, Account Management and Expense Management groups. This role manages four teams of operations professionals and assigns, and monitors tasks, provides training and evaluates performance;
- Leads meetings and discussions representing Public Markets Middle & Back Office Support, Expense Management and Account Management Groups
- Manages the on boarding of investment managers including account and market opening and all internal and external documentation requirements. -Maintain the accuracy of all public investment attributes in the account master database;
-Manages the process of transferring funds and assets to and from investment Managers for initial funding, transitions and rebalance events and terminations;
- Manages the on boarding of Investment Managers including account and market opening and all internal and external documentation requirements. -Maintain the accuracy of all public investment attributes in the account master database;
- Works with the Chief Operating Officer to design policies, procedures and practices which are used in the operational oversight of the NYCRS portfolio and third-party services providers. These service providers include but are not limited to: Custodian, Security Lending Agent, Foreign Exchange provider, Class Action Service Provider,Tax Advisor and Consultants;
- Ensures that third -party service providers are performing as defined by engagement contracts and continually evaluates the performance criteria to ensure they appropriately support BAM and are current with industry offerings;
- Performs operational due diligence for potential public market investment managers, oversees the review of monthly Investment Manager Reconciliations and oversight of accounts;
- Oversees the accounting for Fixed Income and Public Equity instruments and can verify the accuracy in the accounting records and provide guidance to the operations teams
- Creates and maintains written process documentation for the group; and,
- Manages the annual audit working with the external Auditors to provide support for financial statement presentation and validation of transactional activity.
- Performs other related duties and functions as may be required.
INVESTMENT MANAGER (COMPTROLLE - 95611

1. A baccalaureate degree in finance, economics, accounting, business, or a related field, and five (5) or more years of satisfactory full-time experience in a financial services organization handling Middle Office and Back Office functions similar to those described in the bulleted list of the job description above; at least 18 months of this experience must have been in an administrative, managerial, or supervisory capacity, supervising professional staff engaged in performing functions mentioned above; or,
2. A graduate degree from an accredited college in the fields mentioned in "1" above and three (3) or more years of progressively responsible full-time professional experience as described above; at least 18 months of this experience must have been in an administrative, managerial, or supervisory capacity, supervising professional staff engaged in performing functions mentioned above.

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.