Public Markets Middle Office Analyst

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 Public Markets Middle Office Analyst will report to the Group Head of the Public Markets Middle & Back Office team. The Public Markets Middle Office Analyst will perform functions to support the public markets investment staff throughout the lifecycle of the investment relationship.

Duties and responsibilities of the Public Markets Middle Office Analyst include, but are not limited to, the following:

- Leading meetings and discussions related to Public Markets Middle Office functions
- Transferring funds to and from investment managers for initial funding, portfolio rebalance events and terminations
- Onboarding investment managers including account opening and all internal and external documentation requirements
- Serving as a point of contact for the custodian and investment manager when transitioning assets due to rebalance, termination events, and other middle office related functions, including but not limited to adding trading markets, completing KYC documentation requests, and tax reclaim documentation
- Serving as a point of contact for class actions inquiries related to data research, trading activity, and supporting documentation.
- Working with global tax consultant on matters such as tax reclaims, withholding tax rates, capital gains tax allocations, and the setup of local tax agents as necessary.
- Performing reconciliation of public market account holdings and related trade activity
- Performing operational due diligence for potential public market investment managers
- Maintaining the accuracy of all public investment attributes in the account master database
- Monitoring portfolio defaulted and worthless securities and instructing the write-off of those securities.
- Monitoring terminated accounts and suggesting action plans to close the accounts in the future
- Creating and maintaining written process documentation, key performance Indicators, trackers, for the group
- Performing other related duties and functions as may be required.

INVESTMENT ANALYST - 40925