ToigoPRO Job Listings
- Funding & Liquidity Risk Specialist - Federal Reserve Bank of New York
- Consumer Credit, Quantitative Risk Specialist - Federal Reserve Bank of New York
- Infrastructure Process Specialist – Senior Analyst - Federal Reserve Bank of New York
- Investment Accounting Analyst - W.K. Kellogg Foundation
- Municipal Fixed Income Portfolio Analyst - Wells Capital Management
- Senior Analyst - Confidential Company
- Executive Director - City Year- Orlando, Florida
- Associate Director, Public Investments - The Ford Foundation
- Senior Managing Consultant - PFM
- Associate, Corporate Development - Best Buy
- Cheif Financial Officer - CalPERS
- Investment Officer II (Private Equity) - New York State Teachers' Retirement
- Business Analytics and Planning Manager - TIAA CREF
- Investment Officer III -CalPERS
- Post-MBA Associate, Americas Investment Team - Morgan Stanley
- VP, Administrative Manager - Field Financial Solutions Advisor - Bank of America Merrill Lynch
- Optimal Practice Model Planning and Tools Consultant - Bank of America Merrill Lynch
- Principal Investment Officer Short-Term Investments - State of Connecticut Office of the Treasurer
- Advisory Services Associate - IMB Development Corporation
- Private Equity Associate - IMB Development Corporation
- Research Consultant, Quantitiative Resources - Cambridge Associates
- Executive Director - City Year - San Francisco, CA
- Senior Investment Professional -Mansa Capital
- Senior Investment Partner -Mansa Capital
- Director, Financial Services - W.K. Kellogg Foundation
- Chief Deputy, County Treasurer - County of San Diego
- Capital Analyst - KFB Capital
- Commitments Track Manager - Clinton Global Intitiatives
Commitments Track Manager - Clinton Global Initiative - New York, NY
Overview
The Commitments Department has the primary responsibility for planning year round content and engaging CGI members interested in specific content areas and for developing and executing the strategy for helping members undertake new commitments. The Commitments Manager for the Market-Based Approaches track oversees a portfolio of member organizations focused on designing innovations and interventions that leverage the power of the markets and private sector mechanisms to address global challenges. S/he will educate and guide members through the CGI experience, recruit members to CGI, facilitate the commitment development process and progress reporting, and encourage partnership development and meeting participation as appropriate. S/he maintains and regularly consults a network of external expert advisors. S/he will also collect and analyze commitment data for program evaluation and external communication purposes.
Responsibilities
Content Planning and Member Relations: Work with a fellow Track Manager to….
- Create a cohesive subgroup of members interested in Market-Based Approaches for development (supply chain interventions, financial inclusion, impact investing, social enterprise, employee engagement, etc.)
- Identify content areas within the Market-Based Approaches track that attracts new and retains existing members
- Plan content and overall structure for topic-specific convenings, and arrange opportunities for members to network, share knowledge and take action
- Offer a broad array of convenings that are rated highly by members
- Inspire new action among members by facilitating partnership-building
- Offer content-specific member advice/consulting as needed
- Broker connections between members and drive member interaction through convenings and one-on-one “matchmaking”
- Research and engage potential CGI members who present strong prospects for membership recruitment and commitments generation
- Work closely with the CGI Programming Department and external advisors to inform the design of Annual Meeting programming on topics related to Market-Based Approaches
- Assist with identifying speakers and participants for CGI events as needed
- Manage Commitment Departments outreach to new and returning members who are expected to or interested in making commitments in the area of Market Based Approaches
- Advise CGI members as they develop and undertake their commitments, helping with strategy and project monitoring and evaluation
- Encourage commitments that have a strong CGI value-add
- Enable the tracking of commitment progress and impact over time
- Participate in the ongoing assessment of the performance of member commitments through member-submitted annual progress reports
- Encourage increased progress reporting by incentivizing reporting and reinforcing the importance of impact
- Work closely with other Commitments Department staff to develop approaches to disseminating both qualitative and quantitative data about commitments that generate a deeper understanding among members about the nature and impact of commitments.
- Select commitments to be showcased and highlighted at CGIs meetings
- Manage day to day administration and record-keeping (data-entry) related to the track
Qualifications
- Master's degree preferred.
- Minimum of five to seven years experience in general project management and/or policy in the social enterprise or corporate sustainability fields, or similar relevant experience in the private sector
- Strong knowledge of market-based approaches to development and the implementation of programs that involve the business, non-profit, and public sectors. In particular, experience or interest in the following topics would be helpful: small and medium enterprise capacity building and development, business models for development, corporate sustainability, supply chains, responsible capitalism
- Work experience in the private sector and developing countries is desirable
- Strong facilitation skills
- Knowledge of Excel and basic statistics required; knowledge of Raiser's Edge (or other relational databases) preferred but not required.
- Experience with developing and managing relationships involving diverse groups/environments and individuals.
- Knowledge of key players and constituencies in social enterprise, corporate sustainability, and
- Event planning experience
How to Apply
Please go to https://careers-clintonfoundation.icims.com/jobs/1863/job to apply.
The Clinton Global Initiative is an Equal Opportunity Employer. This job description is intended to convey information essential to understand the scope of the position. It is not intended to be an exhaustive list of skills, efforts, duties, or responsibilities associated with the positions.
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
Posted 3/9/2012
Capital Analyst - KFB Capital - Los Angeles,CA
Overview
Karlin Asset Management is a single-family office in Los Angeles with AUM of $1.5 billion. The
firm was founded by President/CIO David Cohen in 2005, and is run as an institutional long term
investment fund with a global investment portfolio diversified across asset classes and investment
strategies. KFB Capital is the marketable securities arm of Karlin Asset Management. KFB employs a valueoriented
concentrated approach to portfolio construction. We seek opportunities to compound
capital at internal rates of return of greater than 15% over a three-to-five year investment period, with
limited risk of a permanent loss of capital. Towards this end, we invest in high quality businesses, or
franchises, that are led by managers and directors who prioritize shareowners’ interests. The
initiation of our investments is often preceded by transitory dislocations or misinterpretation of
information by the broader investment community. In a sense, we are “event-driven” in our buy
decisions, but not with respect to our monetization strategy.
Responsibilities
Investment Analyst will assist portfolio manager with fundamental, bottoms-up research on target companies and industries, culminating in the articulation of the investment thesis and valuation ofs ecurities across the capital structure. Responsibilities include conducting research, drafting investment memos and notes, attending manager meetings/calls, and assisting with analyses on an asneeded basis.Perform quantitative and qualitative due diligence on securities, sectors, and other areas of interest
- Build and maintain detailed financial models
- Gather and evaluate economic, demographic, and market data
- Monitor investments and update valuation analyses
- Assist in structuring and closing investment transactions
- Prepare presentations and financial reports
- Interface with prime broker and service providers to facilitate fund functionality
Qualifications
- Two years of investment management or private equity experience
- Two years of investment banking, strategy consulting or similar research experience
- Bachelor’s degree with history of exceptional academic performance
How to Apply
Email: Elizabeth@karlinam.com Please reference "Experienced Analyst Position" in subject line
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
Posted 3/9/2012
Chief Deputy, County Treasurer - County of San Diego - San Deigo, CA
Responsibilities
The Chief Deputy, County Treasurer reports to the Treasurer‐Tax Collector and has significant responsibility for formulating and implementing policy, and coordinating the investments of county, special district, school districts and other local government districts. Duties include but are not limited to
- Oversee the investment of County funds
- Formulate and implement policies and procedures for the investment of County funds.
- Study economic and financial trends and market conditions for investment opportunities in fixed income securities.
- Review and monitor the County’s investment portfolio performance.
- Work closely with County of San Diego, Chief Financial Officer regarding debt issuance.
- Represent the Treasurer‐Tax Collector in the issuance of county tax anticipation notes and special district bonds.
- Review and approve bond documents—Preliminary official statements, Board of Supervisor documents and other legal documents pertaining to debt issuance.
- Oversee the County’s cash management program.
- Manage a computerized cash‐flow projection and investment system.
- Oversee accounting, cashiering and payment processing activities.
- Represent the Treasurer in all matters related to Municipal Finance for the County and entities whose funds are deposited in the San Diego County Treasurer’s pool.
- Serve as a member of the County’s Debt Advisory Committee
- Monitor contracts with banks and investment firms for deposit of funds.
- Act as the Treasurer for the various entities in the County in San Diego.
- Organize Treasury Oversight Committee meetings.
- Compile data and compose reports to the Board of Supervisors,
- Chief Administrative Officer, and others as requested.
- Develop the Treasurer’s Monthly Management Package for public disclosure.
- Write specifications for proposals for banking and other related services needed by the Treasurer‐Tax Collector.
- Participate in the evaluation of proposals received.
- Oversee the Treasurer’s Annual Seminar Series including: Investment, Cash Handling, Debt and Fraud Seminars.
- Recruit speakers, secure venue, determine session topics and market seminar programs.
- Develop seminars for County of San Diego Treasury Clients
The ideal candidate will demonstrate independence, initiative, and
exceptional organizational and public relations skills.
Qualifications
- Qualified applicants will possess a Bachelor’s degree in Business or Public Administration, Finance, Economics, or a related field.
- A Master’s degree as stated above, and/or Chartered Financial Analyst or Certified Financial Planner designations are highly desirable.
- Qualified applicants will also possess at least five years of professional experience managing a large and complex cash flow system and a multi‐billion dollar fixed income investment portfolio.
- A background in debt issuance, a solid understanding of investment principles and practices relative to fixed income securities is required.
- Proficiency using Microsoft Office and investment decision programs, such as Bloomberg and SUNGARD is essential.
- Experience in fundamental banking concepts and evaluating and interpreting economic and financial information is required.
- Experience formulating and implementing investment strategies to ensure capital preservation of principle is required.
- The Chief Deputy must have the ability to build effective working relationships with coworkers, banking and investment officers in the financial community, major Credit Rating Agencies, and other public agencies and government officials.
- The Chief Deputy must be able to plan and organize seminars; symposiums, conferences and other Treasury sponsored events, and possess strong written communication skills and be able to provide excellent customer service.
- A working knowledge of CA State Codes as they pertain to debt issuance and money management is required.
How to Apply
You are encouraged to apply immediately in order to be considered.
Employment applications can be accessed and submitted online at http://www.sdcounty.ca.gov/hr. In addition to completing the application, please attach your résumé at Step 1 of the application process. Résumés should include academic degrees held and dates conferred, employment history and position titles held. For each employer listed, include the size and scope of services, programs, budget and staffing responsibilities under your immediate direction.
Email: Elizabeth@karlinam.com Please reference "Experienced Analyst Position" in subject line
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
Posted 3/9/2012
Director, Financial Services - W.K. Kellogg Foundation - Battle Creek, MI
Responsibilities
A director at the Foundation generally has the following responsibilities:
- Generates insightful and practical solutions to complex or unusual problems
- Plans/coordinates work to ensure multiple commitments and quality expectations are met
- Makes sure teams have the tools and resources needed to do their work
- Develops streamlined and efficient processes and procedures with a focus on continuous learning and improvement
- Provides team members with a clear understanding of the (technical) issues and complexities associated with the project / activity
- Anticipates and manages the immediate and longer-term consequences as issues arise or circumstances change
- Generates and uses powerful and creative ideas that help conceptualize opportunities
- Supervises Financial Services staff including Accounting Analyst, Investment Accounting Analyst, Senior Accountant and Accounting Specialists
The Financial Services Director is responsible for leading a team that provides internal and external financial and tax reporting, payment and travel report processing, as well as financial technical assistance and capacity building for all staff. Specific responsibilities include:
- Oversee the preparation of the statements and reports, including Treasurers Report to the Board of Trustees, fiscal year-end financial statements, and financial aspects of the Annual Report.
- Oversee the annual external audit review of financial records encompassing the general ledger, accounts payable, investment journal entries, and payroll.
- Ensure integrity relating to the chart of accounts, all entries into the system and the resulting financial information obtained from the system.
- Assure that all balance sheet accounts are analyzed and reconciled. Establish adequate systems for tracking of existing fixed assets and their related depreciation.
- Establish and maintain systems for internal controls related to Program Related Investments and ensure legal and IRS compliance.
- Identify and recommend changes in accounting standards or practices that impact the recording of financial data in the general ledger. Recommend, as appropriate, changes in Foundation policy and training of staff impacted by changes on accounting-related procedures and practices.
- Oversee preparation of the Foundation's annual tax return on form 990PF & 990T
- Assure protection for assets of the Foundation through management of adequate internal control procedures.
- Provide finance expertise to support international operations.
- Oversee the integration and relationship between the Human Resources department, all payroll service providers (ADP; KPMG) and the Foundation. Responsible for ensuring quality service is provided, maintaining integrity of system setup, review of payroll tax accounting and payments to governmental entities.
- Ensure all regulatory reporting related to payroll is performed accurately and timely.
- Develop and maintain strong working relationships with the Foundation’s investments team on both Trust and Foundation financial and tax issues.
- Ensures accurate and timely cash flow analysis and forecasts, both short-term and long-term, to ensure adequate financial resources in support of programming and operational needs.
- Ensure appropriate tax planning and compliance with all federal, state and local tax laws. Advise the SVP/CFO & Treasurer on operational adjustments due to tax law changes affecting the Foundation.
- Perform other duties as assigned.
Supervises Financial Services staff including Accounting Analyst, Investment Accounting Analyst, Senior Accountant and Accounting Specialists
Qualifications
- CPA and Master’s degree in Accountancy.
- Eight to ten years of public and management accounting experience – including at least three years’ supervisory experience – gained through working in a variety of organizations, e.g., audit firm, industry, non-profit.
- Experience working effectively with persons from diverse cultural, social, and ethnic backgrounds including international cultures and systems.
- Experience working in a demanding, high performance and ambiguous work environment with a team-oriented culture.
- Ability to think strategically.
- Demonstrated knowledge and application of systems thinking.
- Results-oriented; able to take concepts and ideas through to implementation and action.
- Strong team-building, coaching, staff development, conflict resolution and negotiation skills.
- Strong interpersonal communication skills; diplomatic and collaborative work style.
- Demonstrated ability to build relationships with a diverse group of internal and external stakeholders.
- Exceptional written and verbal communication skills.
- High level of comfort working in an ambiguous, flexible, cooperative environment.
- Capacity to quickly develop an understanding of WKKF programs, strategies, and initiatives, the organization mission, philosophies, structure, values, and WKKF program direction, niche, and policies.
- Strong knowledge of accounting theory and computerized accounting and payroll systems.
- Strong quantitative, statistical and analytical skills.
- High aptitude for system and data management and math concepts used in accounting.
- Ability to interpret requests for access to data via reporting or on-line information
- Ability to analyze and interpret tax laws and regulations.
- Ability to clearly communicate concepts, research findings, issues analysis, project and evaluation results, and data interpretations.
- Ability to self-start, organize and meet deadlines with a minimum level of direction for a wide variety of job requests with many moving parts and pieces.
- Maximum reliability, accuracy and thoroughness required. Errors could result in fines, penalties, and/or litigation.
- Strictest confidentiality required in handling accounting and payroll information.
- Ability to clearly communicate data interpretations and analysis.
- Knowledge of spreadsheet and word processing applications, accounting software maintenance and report writer skills.
- Multi-tasking; ability to handle multiple priorities and deadlines.
- Project management & workflow analysis skills required.
- Knowledge of international financial markets, including foreign exchange and conversion issues
- Will be required to handle many situations lacking precedent
How to Apply
Apply online:
Note: Also send an email Angel Stewart at angel.stewart@toigofoundation.org and let her know of your application.
Posted 3/9/2012
Senior Investment Partner - Mansa Capital - Boston, MA
Overview
Mansa Capital is a health care private equity investment firm specializing in supporting the early stage growth of companies in the health care services and health care technology sectors. Mansa’s principals integrate domain expertise in health care operations, marketing and finance with senior-level experience in health care policy, regulation, and reimbursement to make excellent investment decisions and build extraordinary value post investment. Mansa makes equity investments in operating companies, typically with enterprise values up to $150 million, and seeks to build shareholder value by working with management to grow top-line revenues. Ruben J. King-Shaw Jr. is Mansa’s Managing Partner and Chief Investment Officer. Jason P. Torres is Partner and Chief Operating Officer. Richard (Dick) Foster is the Partner in charge of quantitative analysis and research.Mansa qualifies as an emerging manager under all definitions.
Mansa Capital Fund I has an immediate opening for an experienced private equity investment professional. (Please see the position profiles in the pages that follow.) The firm is nearing completion of its first round of funding at $50mm toward its target fund size of $100mm. The successful candidate can expect an attractive compensation package with incentives to help build the next premier PE firm dedicated to innovation in the diverse and dynamic US health care economy. Mansa’s main office is located in a prime location in Boston’s Back Bay at 500 Boylston St. Mansa is an equal opportunity employer, committed to building a diverse team of excellent, entrepreneurial individuals with the highest standards of integrity and trust.
Qualifications
- Minimum of 10 years experience at a reputable private equity firm
- Work history includes a senior professional position at the Partner, Vice President or Director level
- Verified track record of leading investments in the health care sector with realized exits of at least $75mm and with multiples of at least 2x
- Experience with fund reporting, financial management and investor relations a plus
- Comfortable working in an entrepreneurial and diverse environment
How to Apply
Apply online: Candidates and those making referrals may contact: Ruben J. King-Shaw Jr, Managing Partner and Chief Investment Officer at rkingshaw@mansaequity.com or
617-424-4940 ext. 111 or Jason P. Torres, Partner and COO at jtorres@mansaequity.com or 617-424.4940 ext. 110
Note: Please send and email to Angel Stewart at angel.stewart@toigofoundation.org and let her know of your application.
Posted 3/9/2012
Senior Investment Professional - Mansa Capital - Boston, MA
Overview
Mansa Capital is a health care private equity investment firm specializing in supporting the early stage growth of companies in the health care services and health care technology sectors. Mansa’s principals integrate domain expertise in health care operations, marketing and finance with senior-level experience in health care policy, regulation, and reimbursement to make excellent investment decisions and build extraordinary value post investment. Mansa makes equity investments in operating companies, typically with enterprise values up to $150 million, and seeks to build shareholder value by working with management to grow top-line revenues. Ruben J. King-Shaw Jr. is Mansa’s Managing Partner and Chief Investment Officer. Jason P. Torres is Partner and Chief Operating Officer. Richard (Dick) Foster is the Partner in charge of quantitative analysis and research.Mansa qualifies as an emerging manager under all definitions.
Mansa Capital Fund I has an immediate opening for an experienced private equity investment professional. (Please see the position profiles in the pages that follow.) The firm is nearing completion of its first round of funding at $50mm toward its target fund size of $100mm. The successful candidate can expect an attractive compensation package with incentives to help build the next premier PE firm dedicated to innovation in the diverse and dynamic US health care economy. Mansa’s main office is located in a prime location in Boston’s Back Bay at 500 Boylston St. Mansa is an equal opportunity employer, committed to building a diverse team of excellent, entrepreneurial individuals with the highest standards of integrity and trust.
Qualifications
- Minimum of 5 years experience at a reputable private equity firm
- Work history includes a professional position at the Vice President or Director level
- Verified track record of sourcing and managing, as part of a team, investments in the health care sector of at least $50mm.
- Experience in due diligence, valuation methodologies, deal structuring and a plus
- Comfortable working in an entrepreneurial and diverse environment
How to Apply
Apply online: Candidates and those making referrals may contact: Ruben J. King-Shaw Jr, Managing Partner and Chief Investment Officer at rkingshaw@mansaequity.com or
617-424-4940 ext. 111 or Jason P. Torres, Partner and COO at jtorres@mansaequity.com or 617-424.4940 ext. 110
Note: Please send and email to Angel Stewart at angel.stewart@toigofoundation.org and let her know of your application.
Posted 3/9/2012
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Executive Director - City Year, Inc. - San Francisco, CA
Overview
City Year unites highly talented young adults of all backgrounds for a year of full-time service to help students succeed in school and stay on-track to high school graduation. City Year was founded upon the simple and powerful idea that young people can change the world, and our mission is to build democracy through citizen service, civic leadership, and social entrepreneurship. We believe that service is the foundation upon which we can engage citizens to benefit the common good, and it is through our corps members’ work in schools that they make a difference in the lives of youth and develop the skills critical to becoming socially responsible, civic-minded leaders for the next generation. Through our Whole School Whole Child model, diverse teams of full-time corps members serve in the highest need elementary, middle and high schools to help improve student attendance, behavior and course performance which research confirms are indications of a student’s likelihood of graduation from high school.
Since our inception in 1988 as a Boston-based pilot program with 50 participants, City Year has grown into an international organization, annually engaging more than 2,000 corps members in 21 U.S. locations, Johannesburg, South Africa, and London, England. Following their year of service, research has shown that City Year corps members become a positive force for change in their communities, and are more likely to vote, volunteer, and engage with diverse groups of people relative to their peers. City Year has served in New York since 2003.
City Year is one 501(c)(3) organization, with a single Board of Trustees. Each of City Year’s 21 domestic sites has its own local Advisory Board, which plays a critical role in raising funds, connecting the local City Year site to resources, and providing strategic guidance.
Responsibilities
- Service Performance, Implementation and Delivery: In partnership with senior program staff, ensure high quality program commitment to the nationally developed service delivery model implemented by Corps Members across 26 NYC elementary, middle and high schools.
- Staff Management: Support the growth, and professional development of four management team members, and 36 indirect reports as they manage 314 Corps Members in service implementation and secure needed resources. Establish effective succession plan for key roles to assure ready candidates and smooth transitions.
- Board Management & Development: Recruit, develop and manage a dynamic, engaged, and productive site board executing a multi-year site strategic plan while contributing to the success of City Year, Inc.
- Public Policy: Engage local and national elected officials - mayor, city council, governor, NYCDOE, NYSDOE, and members of U.S. Congress to support funding and policies for City Year and national service movement.
- Government Relations: Maintain relationship with AmeriCorps state commission; prepare effective AmeriCorps grant applications and progress reports, and meet compliance requirements associated therein.
- Fundraising/Development: Lead site staff (currently 7.5 FTE) and board (16 members) to raise funds to meet annual revenue goals (FY13: projected at $6M in public sector/$5M in private sector support). Identify, cultivate, solicit, and manage strategic relationships with funders; build a sustainable revenue model based on philanthropic, government, and earned income sources.
- Corps Recruitment: Ensure site recruits, selects, and admits corps within the regional framework, meeting quality, quantity, and inclusivity goals.
- Program: Ensure site delivers a transformative civic leadership development and training program for corps.
- Financial Management: Manage fiscally-sound budgeting, forecasting, expense management, and cash flow for a site budget of upwards of $11 million.
- Alumni Engagement: Involve corps alumni to advance City Year goals and continue their lifetime of service.
Qualifications
- A minimum of 8-10 years of professional experience with a solid track record fo building an organization.
- Outstanding leadership and management skills overseeing a complex enterprise at a high level of responsibility.
- Ability and experience working in an entrepreneurial and dynamic organization.
- Ability and interest to lead a site within a larger global network; familiar with the challenges of coordinating local organizational priorities with global/national ones.
- High level of organizational and political sophistication, especially as relates to connecting programs to funding, creatively generating other resources, and building collaborative and strategic partnerships.
- Proven skills and experience in fundraising and/or sales; a “closer”; ability to meet revenue goals.
- Outstanding relationship management skills; ability to build relationships with senior level stakeholders.
- Ability to relate with and inspire 17 – 24 year olds and mobilize large or small groups into action.
- All of the following skills and/or competencies are extremely helpful:
- City Year knowledge/exposure.
- Significant non-profit, volunteer, or multi-sector experience and an established New York network.
- Content knowledge of youth development, education, and/or community or national service.
Education
Candidate must possess a minimum of an undergraduate degree with an advanced degree (e.g. M.B.A.) in a related field. Nonetheless, while education is judged valuable as an index of general intelligence and motivation, it will not take the place of common sense, management/administrative experience, creativity, risk-taking ability and passion for growing an organization and its staff.
How to Apply
Qualified applicants should send a resume, cover letter, and references by email to:
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
City Year is committed to a diverse workforce. Individuals from all backgrounds are encouraged to apply
Posted 3/9/2012
Research Consultant, Quntitative Resources - Cambridge Associates - Boston, MA
Overview
Research Consultant, Quantitative Resources - Boston, MA
The Quantitative Research Consultant is a member of a team responsible for the development of quantitative tools that help the consulting staff analyze and frame investment issues. In addition to developing the tools, the team supports the consulting staff as they determine how to interpret and explain the outputs to clients. When appropriate, the team also helps the consulting staff adapt tools to a given client's situation. In addition to developing and supporting these tools, the team is responsible for defining standard quantitative methodologies.
Responsibilities
- Participate in all aspects of research project work, which include defining the scope of projects, sourcing possible solutions, evaluating options (cost/benefit/risk), design and construction of models.
Support the consulting staff by providing training on quantitative tools as well as responding to inquiries ranging from interpreting and applying tools to designing custom analyses.
Take on specific project responsibilities in supporting other groups when their projects require quantitative expertise.
Contribute to project oversight and group management.
Qualifications
- A minimum of 8-10 years of professional experience with a solid track record fo building an organization.
- Outstanding leadership and management skills overseeing a complex enterprise at a high level of responsibility.
- Ability and experience working in an entrepreneurial and dynamic organization.
- Ability and interest to lead a site within a larger global network; familiar with the challenges of coordinating local organizational priorities with global/national ones.
- High level of organizational and political sophistication, especially as relates to connecting programs to funding, creatively generating other resources, and building collaborative and strategic partnerships.
- Proven skills and experience in fundraising and/or sales; a “closer”; ability to meet revenue goals.
- Outstanding relationship management skills; ability to build relationships with senior level stakeholders.
- Ability to relate with and inspire 17 – 24 year olds and mobilize large or small groups into action.
- All of the following skills and/or competencies are extremely helpful:
- City Year knowledge/exposure.
- Significant non-profit, volunteer, or multi-sector experience and an established New York network.
- Content knowledge of youth development, education, and/or community or national service.
Qualifications
- Bachelor degree(s) with a concentration in either Mathematics or Applied Mathematics is required (or other quantitative degree).
- Graduate degree strongly preferred.
- 1-3 years appropriate experience in investments. In the absence of relevant work experience, demonstrated interest in capital markets is strongly preferred (e.g. graduate course work).
- Experience with Microsoft Excel and familiarity with computer programming (Visual Basic and Matlab) is strongly preferred.
- Intellectually curious; open-minded; creative and pro-active thinker
- Effective completing tasks both independently and in a team environment.
- Strong oral and written communication skills.
How to Apply
Please go to https://tbe.taleo.net/NA3/ats/careers/requisition.jsp?org=CAMBRIDGEASSOCIATES&cws=5&rid=1403"
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
Posted 3/9/2012
Private Equity Associate - IMB Development Corporation - New York, NY
Overview
IMB Development Corporation (IMB) is a minority-owned, diversified company that buys and builds suppliers and provides strategic supplier diversity advisory services to large corporations and government entities. IMB’s mission is to build world-class businesses that address the diversity procurement spending gap among large corporations and government entities seeking to do more business with larger value-added diverse suppliers. IMB’s principals, including Co-founder and CEO Tarrus Richardson, have a proven track record of successfully completing acquisitions and generating attractive returns in partnership with management teams. IMB invests capital on behalf of its principals, high net worth individuals and institutional investors on a deal-by-deal basis.
Description
The firm is looking for a Private Equity Associate intern to work with the team in the following capacities:
- Identify and source lower to middle market companies
- Perform LBO and financial analysis
- Conduct industry and company analysis
- Assist in all aspects of the acquisition of businesses
- Assist in the active monitoring of investments
- Bring an entrepreneurial mindset as we will figure it out as we go
Qualifications
- Pre-MBAs and/or post-MBAs with a minimum of two years work experience
- Previous experience in investment banking, private equity or management consulting
- Excellent financial modeling, Excel and quantitative skills
- Experience with budgets and business valuations
- Qualitative analysis, industry research
- Excellent mathematical and analytical skills
- Ideal candidates will be intelligent, hardworking, professional, reliable/responsible, and eager to learn about buying and building companies
- Must be self-motivated, have the ability to work in both a team setting and on an independent basis, and have a sense of initiative
- Strong communication skills
How to Apply
Please send a cover letter and resume to info@imbdc.com
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
Posted 3/9/2012
Principal Investment Officer Short-Term Investments-State of Connecticut Office of the Treasurer - CT
Overview
Applications are being accepted for the position of Principal Investment Officer (PIO) – Short-Term Investments, a full-time position with the State of Connecticut, Office of the Treasurer, Cash Management Division. The position has primary responsibility for management of the Short-Term Investment Fund (STIF) and other short-term investments.
Responsibilities
- The PIO has primary responsibility for the investment and administration of STIF, including security credit analysis and daily security purchases that are primarily transacted through brokers. As the leading expert on short-term investing in the Office of the Treasurer, the PIO is responsible for developing an investment policy consistent with state statutes. The PIO is also responsible for the supervision of STIF services to investors, including account maintenance, investment transactions and the preparation of monthly and quarterly reports. Principal among the reports prepared by the PIO are annual and quarterly reports regarding the performance of STIF that include an economic update written by the PIO reflecting on market conditions relative to STIF’s performance. In addition to annual presentations, the PIO reports periodically to the Investment Advisory Council and the Cash Management Advisory Board on investment and economic developments and fund performance. The PIO also makes presentations to all STIF investors and to finance managers and local town officials considering investing in STIF. The PIO supervises a staff of four professionals – an investment officer, two securities analysts and an accountant. The PIO oversees the activities of STIF’s custodian bank (including reconciliation of custodian records) and transfer agent. The PIO also actively oversees all short-term investment-related activity of the Treasurer’s Office, and advises the Treasurer on policy, investment strategy, and management of all short-term investments. The successful candidate will work under the general direction of the Assistant Treasurer for Cash Management. Salary range is $107,679 to $138,123.
Qualifications
- The successful candidate will be an experienced portfolio manager with at least ten years of progressively responsible portfolio experience and demonstrated knowledge of investment practices and procedures; short-term investment securities, policies and portfolio management; performance measurement; investment accounting; and investment transaction record keeping and controls. Required competencies include strong analytical skills; executive level presentation skills, both oral and written; ability to manage multiple priorities and tasks; collaboration and teamwork; negotiating issues and resolving problems; supervision and/or oversight of professional staff and contracted services; and literacy in a windows-based personal computer environment (including word processing, spreadsheet and database software applications for performance analytics). Previous supervisory experience required; experience in mentoring and managing cash desk professionals is a plus. Demonstrated knowledge of the principles and practices of public fund investing, and working experience in government, or on behalf of a governmental entity, is highly desirable. Viable candidates will have managed internal or external investment pools in excess of $1 billion. A Bachelor's degree is required. The ideal candidate will have a graduate degree in finance or related field; and a CTP or CFA designation is preferred.
Qualifications
- Bachelor degree(s) with a concentration in either Mathematics or Applied Mathematics is required (or other quantitative degree).
- Graduate degree strongly preferred.
- 1-3 years appropriate experience in investments. In the absence of relevant work experience, demonstrated interest in capital markets is strongly preferred (e.g. graduate course work).
- Experience with Microsoft Excel and familiarity with computer programming (Visual Basic and Matlab) is strongly preferred.
- Intellectually curious; open-minded; creative and pro-active thinker
- Effective completing tasks both independently and in a team environment.
- Strong oral and written communication skills.
How to Apply
APPLICATION FOR EXAMINATION OR EMPLOYMENT (FORM CT-HR-12), salary history, and cover letter via US Mail, e-mail or fax by
March 30, 2012 to:
State of Connecticut
Office of the Treasurer
Attn: Theodore Janiszewski
Personnel Administrator
55 Elm Street
Hartford, CT 06106-1773
E-mail Address: Theodore.Janiszewski@ct.gov
Fax Number: (860) 702-3003
The Office of the Treasurer is an affirmative action/equal opportunity employer and strongly encourages the application of women, minorities, and disabled persons.
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
Posted 3/21/2012
Optimal Practice Model Planning and Tools Consultant - BofA Merrill Lynch - Various
Overview
The Planning and Tools Consultant is responsible for consulting with FAs in market on planning and tools for their practice and in support of the service to the FAs clients; broadening and deepening awareness and providing coaching on how to use existing tools (e.g., Wealth Outlook, CRC, PMAC). In addition to field-based consulting and FA support, the P&T Consultant will engage in research and analysis on planning, tool development and best practices.
Responsibilities
- Coach FAs on all steps associated with the planning process and on differentiating their process based on various client segments
- Support local market Directors, Advisors and OPM advisors and teams to develop planning in their practices
- Coach FAs on planning-related tools (e.g., Wealth Outlook)
- Ensure Salesforce training is coordinated
- Lead content discussions at OPM Forums and act as planning coaches during Fieldwork, starting in 2012
- Coordinate with home office to disseminate latest tools, techniques, and strategies related to planning to the Field
- Capture and deliver planning best-practices
- Work as a liaison between the FA Strategy/OPM groups and other support groups with the market team including the Market Executive and team
- Serve as the market subject matter expert to ensure planning processes, policies and tools are understood and followed
- Track and analyze tool utilization data for the market and complexes against key metrics
Qualifications
- Credentialed with planning designation(s) - CFP or CHFC is preferred
- 3-5+ years working with clients on planning-related issues preferred
- Ability to facilitate learning in both large-group and 1:1 settings
- Effective communication skills (verbal and non-verbal)
- Ability to assess needs of FAs and recommend appropriate solutions/interventions
- Ability to listen and probe for clarity and understanding
- Ability to operate in self-directed manner as a member of a national virtually based team
- Strong relationship builder
- Strong understanding of the FA role coupled with knowledge of how to navigate the USWM organization
- Ability to engage with and influence others
- Strong follow-through skills
Reports to: Manager, Planning and Tools
There are multiple openings for these roles and they will be hired in the following locations:
Southwest (LA, Orange County, San Diego, or Phoenix); South Atlantic (Atlanta, Charlotte or perhaps Virginia); and NYC
How to Apply
Contact Tim Brown
VP, Executive Recruiter
timothy.a.brown@bankofamerica.com
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
Posted 3/23/2012
VP, Administrative Manager - Field Financial Solutions Advisor - BofA Merrill Lynch (FSA) - Various Description
The Field FSA Administrative Manager (AM) will be charged with direct supervision of the Associate Administrative Manager roles located in the Central Division- Chicago, Illinois location preferred but will consider individuals in Michigan and Texas. The Associate AM’s are responsible for supervising individual Field FSAs in their respective local region. The AM will report to the Director of Supervision & Control for Field FSAs (a role which is based in Hopewell, NJ) and partner closely with West Divisional Sales Executive. The role will serve to ensure regulatory compliance and corporate mandates for all administrative, sales and operational activities performed by Field FSAs in the Merrill Edge Preferred Sales Network. A predominate objective of the position is to limit risk and financial exposure to the business unit and firm.
Responsibilities
- Bachelor’s Degree or equivalent work experience
- Must have FINRA Series 7, 8 or 9/10, 63/65 or 66 to be considered for the role (in lieu of the 8 or 9/10 we could consider candidates holding 4, 24, 53 licenses)
- Prior management experience would be beneficial
- Familiarity with compliance and regulatory issues
- Strong auditing background with willingness to travel
- Strong leadership abilities, communication and delegation skills
- Familiarity with Microsoft Word, Excel, and PowerPoint
Qualifications
- Credentialed with planning designation(s) - CFP or CHFC is preferred
- 3-5+ years working with clients on planning-related issues preferred
- Ability to facilitate learning in both large-group and 1:1 settings
- Effective communication skills (verbal and non-verbal)
- Ability to assess needs of FAs and recommend appropriate solutions/interventions
- Ability to listen and probe for clarity and understanding
- Ability to operate in self-directed manner as a member of a national virtually based team
- Strong relationship builder
- Strong understanding of the FA role coupled with knowledge of how to navigate the USWM organization
- Ability to engage with and influence others
- Strong follow-through skills
How to Apply
Jennifer Arentsen
AVP, Corporate Recruiter
jennifer.L.arentsen@bankofamerica.com
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
Posted 3/23/2012
Post MBA Associate, America Investment Team- Morgan Stanley - New York, NY
Overview
Morgan Stanley Infrastructure Partners (the “Fund”) is a $4.0 billion infrastructure investment fund, supported by major institutional investors world-wide, which invests in long-term infrastructure assets, in four primary industry verticals, (1) energy, power and utilities (including renewables), (2) transportation, (3) communications and (4) social. The fund seeks attractive, risk-adjusted returns from projects which provide essential goods and services to persons world-wide. The New York based team, which consists of 8 – 10 professionals, has responsibility for making investments in the Americas region (U.S., Canada, and selective Latin American jurisdictions). The New York team works closely with colleagues in our London, Hong Kong and Delhi offices. The Fund in total employs approximately 42 professionals world-wide.
Responsibilities
- Financial Analysis - Developing company valuations and creating/analyzing financial models, as well as conducting financing, comparative and pro-forma analyses.
- Due Diligence - Working alongside senior colleagues in this phase of the investment process, conducting in-depth analysis of industry, markets, competitors, products, customers, financial, accounting, legal, environmental and other aspects of the proposed transaction.
- Transaction Execution - Interacting with the management team of the target company, as well as the seller and advisor, acting as an integral part of the investment team as the investment is negotiated and documented.
- Portfolio Management - Maintaining projection models and financial reporting updates for investment portfolio companies, interacting as part of the investment team with the portfolio company management team and with other participants in the capital structure.
- Investment Sourcing - Participating with colleagues in the development and fostering of relationships with financial intermediaries, investment partners, law firms, accounting firms, consultants and other sources of potential investment opportunities.
Qualifications
- Masters degree required
- 3 years experience in Private Equity or similar investing highly preferred or 3 years in Investment Banking
- Strong financial modeling skills (LBO, M&A, valuation, etc.)
- Possess expertise in using Excel, Word and PowerPoint
How to Apply
Morgan Stanley Infrastructure Partners (the “Fund”) is currently looking for a 2012 MBA graduate to join its team. All interested parties should submit their resume to jennifer.sutton@morganstanley.com. Please include "MSIP" in the subject line.
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
Posted 4/2/2012
Investment Officer III - CalPERS - Sacramento,CA
Description
As the nation’s largest public pension fund, managing assets of $226.5 billion as of January 10, 2012, the California Public Employees’ Retirement System (CalPERS) is committed to a work environment and culture centered on core values of quality, respect, integrity, openness, communication, balance, and accountability. We believe in leading by example to build a bright future for ourselves and our children – not only through sound financial management but also through responsible and sustainable investment. We believe that success springs from collaboration and teamwork, and that drawing on the widest possible array of employee talent, experiences, and perspectives gives us a competitive advantage. Finally, we believe we can – and do – make a difference in the lives of CalPERS staff, our members, and the people who live in the communities in which we serve. We’re looking for talented, enthusiastic people who share these same values.
Responsibilities
CalPERS seeks an Investment Officer III to work under the general direction of the Senior Portfolio Manager of Real Assets, Targeted Investment Program. The Investment Officer III assigned to the position identified above demonstrates the CalPERS Core Values (Quality, Respect, Integrity, Openness, Accountability, and Balance), works well as a member of a team, and takes initiative in effectively performing the following functions:
Duties include but are not limited to:
- Collaborates with investment office staff and all stakeholders on development of new, or revision of existing investment initiatives, development of investment policies and procedures, and draft reports as needed. Work with other asset classes to identify data that should be gathered and analyzed so that CalPERS can adequately measure and evaluate its activity and performance in California investments.
- Monitors, measures, and evaluates California investments, as defined, for the Total Fund. This includes primary responsibility for developing a system to track California Investment data and coordinating the needs of the other asset classes.
- Develops and prepares periodic reports to be presented to the Investment Committee, Investment Strategy Group (ISG), senior staff and interested parties as directed.
- Works directly with Targeted Investment Program SPM and PM to develop and prepare presentation materials on California Investments and assist the managers and others to provide California Investment Program information for speeches, information requests, and other inquiries as directed
Qualifications
- Equivalent to graduation from college preferably with major work in business administration, economics, finance, mathematics, or a closely related field.
- Five years of increasingly responsible investment analysis experience for a public agency or private financial institution, insurance company, pension fund, endowment fund, investment firm, real estate development and investment firm, or private corporation or entity having a major investment management program.
Desirable Qualifications:
- Strong analytical skills with keen attention to detailsMaintain high standards for fiduciary duty and risk management
- Ability to follow policies and procedures Demonstrate strong understanding of policy issues at federal, state, regional, and local government levels
- Excellent written and oral communication skills, including making presentations to high level decision makers
- Possess professionalism
- Excellent teamwork skills and display responsiveness to requests for assistance and problem solving
- Ability to actively collaborate with all units within INVO, CalPERS and external interested parties
- Microsoft Applications experience with Word, Outlook, PowerPoint and particularly Excel
- Ability to effectively manage multiple priorities
To view the position's duties and responsibilities click here: Duty Statement
How to Apply
Human Resources Division - Job #8073/SK
400 Q Street LPN Rm 3260
Sacramento, CA 95811
CalPERS HR Division
916-795-3065
Filing Date 4/13/2012
Note: If applying for this postion please email Angel Stewart at angel.stewart@toigofoundation.org
Posted 4/2/2012
Businesss Analytics And Planning Manager - TIAA CREF - New York, NY
Overview
TIAA-CREF is a Fortune 100 financial services company that is America's leading retirement system for people who work in the academic, research, medical and cultural fields. The company manages $451 billion in combined assets under management on behalf of 3.6 million people and more than 15,000 institutions. TIAA-CREF is headquartered in New York City, with major operations in Charlotte and Denver, Colorado, and some 65 offices nationwide. The company has a workforce of 7,000 employees.
TIAA-CREF's retirement plans provide participating individuals and institutions with a range of options to help meet their financial needs. They include variable annuities, mutual funds, tax-deferred and after-tax annuities, IRAs and brokerage accounts, and investment advice that Forbes magazine calls "the most comprehensive workplace advice." Two-thirds of TIAA-CREF's mutual funds and annuity accounts exceeded their Morningstar median over the past three and five years.
Description
Support day-to-day development and execution of business, product and investment strategy activities and senior management initiatives. Provide decision support to the Senior Managing Director of Advice and Product Solutions (APS) and President of Broker/Dealer, with broad responsibilities across the Individual Line of Business, and associated APS functions, including Individual Products, Advice and Planning, Investment Strategy and Regulatory Supervision.
Responsibilities
- Ensure alignment of business initiatives with the company's overall strategic business objectives.
- In collaboration with product managers, author annual and multi-year strategic business plans and funding requests for review and action at the CEO / Board level.
- Work closely with finance to track, analyze, and provide periodic and ad hoc analysis, models, and reports on business progress, product and sales trends and forecasts, and product-level P&L reporting for senior management (to CEO level).
- Interface with investment strategy teams in the development and analysis of new and existing investment strategies.
- Lead and/or partner in the preparation and coordination of Individual business unit communications to senior management and TIAA-CREF boards.
Author organizational announcements, hiring justifications, job descriptions and related duties. - Support senior management on execution of key meetings including staff meetings, offsite meetings, "town halls", strategic planning sessions, presentations to the Executive Management team and Board.
- Gather operations data across and within business units to ascertain priorities and coordinate activities with unit managers.
- Co-ordinate with appropriate business area(s) to manage area budget and tracking of expenses.
- Participate in or lead development, implementation and maintenance of business and/or communication strategies and plans that align with business priorities, e.g., new facilities or systems.
Qualifications
- Minimum of 7 years financial services industry experience, including at least 3 years of management experience.
- Experienced in leading projects and operations teams. Demonstrated ability to build and maintain strong relationships with TIAA-CREF business leaders.
- Demonstrated understanding of regulatory environment and industry trends and how they can be implemented to maintain competitive position.
- Thorough understanding of business objectives of the product area and their link to the success of the overall organization.
- Superior quantitative / analytic abilities required.
- Excellent written business communication skills required.
- BA/BS/BBA Degree required; MS/MBA preferred - CPA/CFA a plus.
- Strong investment experience and background preferred. Legal background a plus.
How to Apply
Please send your resume to Angel Stewart at angel.stewart@toigofoundation.org
Posted 4/3/2012
Investment Officer II - New York State Teacher's Retirement- Albany, NY
Overview
NYSTRS, one of the 10-largest public pension systems in the nation, seeks an experienced professional to perform due diligence on its Private Equity program, which is a portfolio of 147 funds across 68 general partner relationships with a total market value of approximately $7 billion. The incumbent will perform due diligence on private equity investments.
Responsibilities
- Analysis of cash flows for potential investment to determine the sources of performance.
- Identifying strengths and weaknesses of potential investments via analysis of the performance by geographic sector and other relevant factors.
- Preparing investment memorandum for recommended investments.
- Presenting the investment at the internal Investment Committee meeting.
- Portfolio monitoring responsibilities through manager meetings, advisory/annual meetings, assessing investments in the portfolio.
- Processing and recording of cash calls and distributions to/from NYSTRS’ private equity funds.
- Logging notes and maintenance of NYSTRS’ private equity deal log database.
Qualifications
- Bachelor's degree and four (4) years of professional full-time experience investing in or
monitoring private equity fund investments. - A Master’s degree in Business Administration or a closely related field of study substitutes for
one (1) year of professional work experience. - Holding a Chartered Financial Analyst or Chartered Alternative Investment Analyst designation
substitutes for one (1) year of professional work experience. - Strong written and verbal communication skills.
- CAIA/CFA/MBA or progress toward it.
- Prior experience in venture, distressed-credit, and global strategies.
How to Apply
A link to the employment application for this position may be found by clicking this link: NYSTRS’employment application.
To be considered for this position, mail a completed employment application to: NYSTRS/HR, 10 Corporate Woods Drive, Albany, NY 12211
Please note that although you may include a resume and cover letter with your application, you must still
fill out the application completely. A resume will not be accepted as a substitute, in whole or part, for a
completed application.
Inquiries regarding vacancy postings, minimum qualifications, or application procedures may be made by
e-mail to strsrecruitment@nystrs.state.ny.us
You can reach us by phone at (518) 447-2906.
If applying for this postion please notify Angel Stewart at angel.stewart@toigofoundation.org
Posted 4/3/2012
Chief Financial Officer - CalPERS - Sacramento, CA
Overview
The California Public Employees’ Retirement System (CalPERS) is looking for an experienced Chief Financial Officer (CFO) who will oversee the financial and risk management operations of the $235 billion pension fund.
Responsibilities
This newly created CFO position will be responsible for managing the finance processes for CalPERS, including budgeting, accounting, cash management, and financial planning and analysis. The successful candidate will also oversee CalPERS Enterprise Risk Management projects. The CFO will be part of CalPERS executive leadership team, provide expert consultation and advice to the CalPERS Board of Administration, and report to the pension fund’s Chief Executive Officer, Anne Stausboll.
Qualifications
Ideal candidates will possess at least 10 years of experience managing complex financial operations, including financial analysis and financial reporting, risk management, budgeting and cash management.
CalPERS is also looking for someone with a strong understanding of the capital markets and economic factors that can affect an organization’s long-term strategic plan. A degree in accounting, finance, economics or a closely related field is needed, as well as professional certification such as a CPA or CFA.
How to Apply
Candidates interested in the CalPERS CFO position can learn more about the position and how to apply on the CalPERS website at www.calpers.ca.gov. Go to “About CalPERS” and “Career Opportunities.” View the full recruitment announcement.
If applying for this postion please notify Angel Stewart at angel.stewart@toigofoundation.org
Posted 4/13/2012
Associate Corporate, Development - Best Buy - Maple Grove, MN
Overview
The Enterprise Corporate Development Group (the "Group") provides the Best Buy Enterprise with consistent, best-in-class service in researching, analyzing, valuing, structuring, negotiating, executing, and project managing mergers, acquisitions, divestitures, joint ventures, strategic assessments (of companies, countries, and industries), strategic partnerships and other structured relationships. The Group is also responsible for overseeing all due diligence processes, building detailed and complex operating and valuation models, creating all valuation analyses pertaining to a project and explaining the results and implications to the project team, and developing investment presentations for the most senior members of the Company as well as for the Board of Directors (together, the Group's "clients").
Responsibilities
The Associate is a key member of the Enterprise Corporate Development team. The Associate plays a pivotal role in developing and executing the core analytics and process management underlying all transactions, ranging from the determination of strategic fit to valuation and financial analysis to project management to deal structuring and negotiation. The role of the Associate can be defined across the following specific job requirements:
- Client Focus & Relationship Management - Assists in building and sustaining long-term relationships with internal and external clients by responding efficiently and promptly to client requests and concerns and taking personal responsibility for directing and helping clients
- Strategic Insights & Business Acumen - Develops an informed strategic perspective after synthesizing issues, considering alternatives, including internal initiatives and competitive / industry dynamics, and researching important facts; "thinks outside the box" and challenges others to weigh all pros and cons of an opportunity
- Technical Skills - Has developed and demonstrates a dependable level of skills / knowledge required for the job, including:
- Excel: Very comfortable writing formulas and creating flexible, detailed, accurate spreadsheets
- Finance: Significant experience reviewing and analyzing financial statements, ratios, margins, etc.
- Accounting / Tax: Knows the fundamentals and asks the right questions to learn more
- Legal: Has good experience working through and understanding legal issues and ramifications
- PowerPoint: "Go to" person for presentation expertise given deep experience managing presentations of all types for many different parties; responsible for quality control and timely delivery of all presentations
- Transaction Skills - Has developed and demonstrates a dependable level of skills / knowledge required for the job, including:
- Problem Analysis: Sensitive to deal problems and applies logic to address them
- Valuation / Deal Analysis: Plays hands-on role in "running the numbers" and owning / communicating the results
- Due Diligence: Deeply involved in reviewing all aspects of diligence and utilizing such findings to directly impact other work
- Negotiation: Responsible for preparing materials to support arguments
- Process Structure & Coordination: Closely involved in all related issues with significant internal involvement throughout entire transaction
- Communication & Project Impact - Delivers clear, meaningful, and well-structured information to others through accurate, clear, and effective written and oral presentation abilities, and uses a range of effective interpersonal skills to express and defend a point of view
- Project Management - Plans, organizes, and monitors day-to-day work with minimal guidance using tools and systems to structure personal activities and deal responsibilities; takes ownership to meet multiple competing deadlines by managing time effectively
- Leadership - Mature, confident, and always armed with the facts; takes charge of situations and makes point of view understood; demonstrates a command of each project such that team members seek out one's opinion
- Self Development - Is concerned and committed to continuously expanding own skill set and specific knowledge by remaining abreast of developments in own area, creating and pursuing own development plan, and finding opportunities to achieve own objectives
Qualifications
- Bachelors Degree (preferably in Finance, Accounting, or Economics)
- 3 or more years of financial and/or business analysis experience (including work, internship or graduate education work)
- MBA
- 1 or more years investment banking, corporate development, private equity/venture capital, financial management/valuation experience, management consulting experience
How to Apply
Please apply BOTH online at www.bestbuy.com; click on the careers link and keyword search "Associate Corporate Development" AND send your resume to timmeko.love@bestbuy.com |
If applying for this postion please notify Angel Stewart at angel.stewart@toigofoundation.org
Posted 4/18/2012
Senior Managing Consultant - PFM - Orlando, FL
Overview
The initial wave of MACM Portfolio Strategists will be deployed to support the sales and servicing of MACM clients regionally. They will provide support for sales and service of smaller or less sophisticated clients (e.g., municipal pension or OPEB trusts) through the regional sales teams and be responsible for direct sales and service efforts focused on more sophisticated clients (e.g., larger governmental pensions, foundations or endowments). These functions will be handled in each region by an SMC-level team member with support from the MACM Research staff in Philadelphia. This organization will give regional prospects and clients direct access to specialists who have extensive product and market knowledge.
Each Portfolio Strategist will be located in a regional hub and have line reporting to the Regional MD with technical/product reporting to the MACM Research and Product MDs. The Portfolio Strategists will be client-facing and will lead all regionally focused MACM sales and service efforts including development of MACM RFPs and sales presentations, coordination of MACM marketing efforts, education of regional sales teams, technical portfolio support during client on boarding, and client service for larger, more sophisticated clients. The Product Strategists will have excellent inter-personal skills, sales and marketing skills, and MACM product knowledge so they can represent PFM in all types of sales and service efforts.
Responsibilities
The major responsibilities will be:
- Work closely with regional sales team to identify MACM targets and to assist in the sales efforts relating to those targets. This may include collecting and analyzing portfolios and asset allocations, developing strategies for marketing to the targets, preparing regular or special reports relating to regional opportunities, and traveling with regional sales team members to presentations.
- Leading sales efforts relating to larger and more sophisticated clients by working closely with Research and/or National Sales team members. This may include identifying targets, collecting and analyzing portfolios and asset allocations, developing strategies for marketing to the targets, preparing regular or special reports relating to regional opportunities, and traveling with team members to presentations.
- Joining teams to market to prospects, preparing analyses of prospect investment portfolios, preparing proposed portfolio and strategy sections for interview books and attending interviews for major prospects.
- Providing direct client service for the larger and more sophisticated clients and indirect client service for all other regional clients as part of the client service team that will also include a regional person. The portfolio strategist will be prepared to discuss major market moves and their portfolios, value added trades, performance and performance attribution, and be a preferred point of contact for these clients who may want to “talk to the desk” and will visit these clients periodically to review our performance.
- Supporting overall growth of the firm's MACM education by keeping the regional team members informed about the markets, products and services offered. This may include preparation and/or delivery of regular and ad hoc market reports such as the weekly market updates, monthly market letters and one-time reports and analyses for general use. The group will also assist marketing staff in preparing general materials for workshops/seminars and making the investment specialist presentations at these seminars/workshops.
Qualifications
- Bachelors degree and at least 5 years experience in selling and servicing complex investment management or investment consulting clients including those with multi-asset class portfolios
- Direct knowledge and familiarity with complex client types like Healthcare, Higher Ed, or large Pension Systems with multiple detailed servicing requirements
- Strong knowledge and familiarity with investment markets, asset allocation and portfolio construction, and economic issues that impact investing; CFA or CFA-candidate strongly preferred
- Strong communication, presentation and portfolio analytics capabilities
- Ability to travel regularly
How to Apply
If applying for this postion please send your resume ASAP to Angel Stewart at angel.stewart@toigofoundation.org
Posted 4/20/2012
Associate Director, Public Investments - The Ford Foundation - New York, NY
Description
The Associate Director of Public Investments will work as a part of an investment team responsible for sourcing, evaluating, and hiring external investment managers for the Foundation’s $10 billion endowment. The Associate Director’s primary responsibilities will focus on the foundation’s public equity and credit portfolios. The Associate Director may also collaborate with the private equity and/or hedge fund teams, particularly with regards to evaluating non-US investment opportunities.
Responsibilities
The Associate Director of Public Investments will be responsible for identifying investment opportunities and conducting due diligence on prospective investment managers. The Associate Director will play a key role in setting the direction of the public equity portfolio, including but not limited to building a diversified, high-quality emerging markets portfolio. The Associate Director will also work closely with other team members to manage and evaluate the portfolio of existing managers, including developing analytical tools to assist in the monitoring process. The Associate Director will assist the Director of Public Investments in evaluating and negotiating the terms of the Foundation’s investments.
As a member of the Foundation’s investment team, the Associate Director of Public Investments will also contribute to discussions regarding portfolio construction, formulation of investment strategy, and asset allocation across the portfolio.
Qualifications
- Minimum of five years’ investment or other relevant experience
- Strong investment acumen, and a balance of qualitative and quantitative analytical capabilities
- Proven experience in evaluating, selecting, and monitoring external public equity managers
- Demonstrated ability to originate and maintain successful relationships with external investment managers, including the ability to conduct in-depth due diligence on such managers
- Significant experience evaluating and investing with high-quality, institutional investment managers
- A keen ability to identify those attributes which make long-term oriented investment managers successful
- The ability to manage multiple tasks simultaneously, working effectively and collaboratively with internal and external constituents (e.g., internal and external legal counsel)
- High intellectual curiosity and strong research skills
- Strong interest in and understanding of capital markets
- Exceptional written and verbal communication skills
- A high degree of intellectual honesty and collegiality
- MBA or CFA preferred
How to Apply
To apply for employment, please visit www.fordfound.org/employment to submit your cover letter, resume including salary information. PLEASE ALSO SEND AN EMAIL TO: angel.stewart@toigofoundation.org letting her know that you have applied.
Excellent benefits include Foundation-paid comprehensive medical and dental insurance, retirement plan, generous vacation, and tuition reimbursement.
Equal employment opportunity and having a diverse staff are fundamental principles at The Ford Foundation, where employment and promotional opportunities are based upon individual capabilities and qualifications without regard to race, color, religion, gender, pregnancy, sexual orientation/affectional preference, age, national origin, marital status, citizenship, disability, veteran status or any other protected characteristic as established under law.
Posted 4/20/2012
Executive Director - City Year, Inc. - Orlando, FL
Overview
City Year unites highly talented young adults of all backgrounds for a year of full-time service to help students succeed in school and stay on-track to high school graduation. City Year was founded upon the simple and powerful idea that young people can change the world, and our mission is to build democracy through citizen service, civic leadership, and social entrepreneurship. We believe that service is the foundation upon which we can engage citizens to benefit the common good, and it is through our corps members’ work in schools that they make a difference in the lives of youth and develop the skills critical to becoming socially responsible, civic-minded leaders for the next generation. Through our Whole School Whole Child model, diverse teams of full-time corps members serve in the highest need elementary, middle and high schools to help improve student attendance, behavior and course performance which research confirms are indications of a student’s likelihood of graduation from high school.
Since our inception in 1988 as a Boston-based pilot program with 50 participants, City Year has grown into an international organization, annually engaging more than 2,000 corps members in 21 U.S. locations, Johannesburg, South Africa, and London, England. Following their year of service, research has shown that City Year corps members become a positive force for change in their communities, and are more likely to vote, volunteer, and engage with diverse groups of people relative to their peers. City Year has served in New York since 2003.
City Year is one 501(c)(3) organization, with a single Board of Trustees. Each of City Year’s 21 domestic sites has its own local Advisory Board, which plays a critical role in raising funds, connecting the local City Year site to resources, and providing strategic guidance.
Responsibilities
- Service Performance, Implementation and Delivery: In partnership with senior program staff, ensure high quality program commitment to the nationally developed service delivery model implemented by Corps Members across 26 NYC elementary, middle and high schools.
- Staff Management: Support the growth, and professional development of four management team members, and 36 indirect reports as they manage 314 Corps Members in service implementation and secure needed resources. Establish effective succession plan for key roles to assure ready candidates and smooth transitions.
- Board Management & Development: Recruit, develop and manage a dynamic, engaged, and productive site board executing a multi-year site strategic plan while contributing to the success of City Year, Inc.
- Public Policy: Engage local and national elected officials - mayor, city council, governor, NYCDOE, NYSDOE, and members of U.S. Congress to support funding and policies for City Year and national service movement.
- Government Relations: Maintain relationship with AmeriCorps state commission; prepare effective AmeriCorps grant applications and progress reports, and meet compliance requirements associated therein.
- Fundraising/Development: Lead site staff (currently 7.5 FTE) and board (16 members) to raise funds to meet annual revenue goals (FY13: projected at $6M in public sector/$5M in private sector support). Identify, cultivate, solicit, and manage strategic relationships with funders; build a sustainable revenue model based on philanthropic, government, and earned income sources.
- Corps Recruitment: Ensure site recruits, selects, and admits corps within the regional framework, meeting quality, quantity, and inclusivity goals.
- Program: Ensure site delivers a transformative civic leadership development and training program for corps.
- Financial Management: Manage fiscally-sound budgeting, forecasting, expense management, and cash flow for a site budget of upwards of $11 million.
- Alumni Engagement: Involve corps alumni to advance City Year goals and continue their lifetime of service.
Qualifications
- A minimum of 8-10 years of professional experience with a solid track record fo building an organization.
- Outstanding leadership and management skills overseeing a complex enterprise at a high level of responsibility.
- Ability and experience working in an entrepreneurial and dynamic organization.
- Ability and interest to lead a site within a larger global network; familiar with the challenges of coordinating local organizational priorities with global/national ones.
- High level of organizational and political sophistication, especially as relates to connecting programs to funding, creatively generating other resources, and building collaborative and strategic partnerships.
- Proven skills and experience in fundraising and/or sales; a “closer”; ability to meet revenue goals.
- Outstanding relationship management skills; ability to build relationships with senior level stakeholders.
- Ability to relate with and inspire 17 – 24 year olds and mobilize large or small groups into action.
- All of the following skills and/or competencies are extremely helpful:
- City Year knowledge/exposure.
- Significant non-profit, volunteer, or multi-sector experience and an established Orlando network.
- Content knowledge of youth development, education, and/or community or national service.
Education
Candidate must possess a minimum of an undergraduate degree with an advanced degree (e.g. M.B.A.) in a related field. Nonetheless, while education is judged valuable as an index of general intelligence and motivation, it will not take the place of common sense, management/administrative experience, creativity, risk-taking ability and passion for growing an organization and its staff.
How to Apply
Qualified applicants should send a resume, cover letter, and references by email to: Angel Stewart at angel.stewart@toigofoundation.org
Prior to sending directly to the recruiter listed below.
Maureen Alphonse-Charles, Senior Director of Executive Acquisition
Email: cyexecutivejobs@cityyear.org
Email Subject line: CY Orlando Executive Director Search
City Year is committed to a diverse workforce. Individuals from all backgrounds are encouraged to apply
Posted 4/20/2012
Senior Analyst - Confidential Company - Chicago, IL
Overview
Chicago based Investment Management Firm with $7 billion AUM is seeking a Senior Analyst to cover Emerging Markets. The firm has a team of investment professionals managing 9 U.S. and ex-U.S. equity investment strategies, 3 absolute return U.S. credit strategies and an International credit strategy.
Responsibilities
- Researches and evaluates new investment ideas for assigned portfolios which meet investment objectives and portfolio requirements.
- Prepares written reports for Portfolio Manager review which includes investment ideas and reasons supporting ideas based on analysis of relevant factors.
- Recommends stocks to purchase within the assigned sectors(s).
- Conducts research on existing holdings to determine whether or not they continue to meet stated investment objectives and recommends changes in holdings if no longer compatible with investment objectives.
- Assesses fundamental and technical trends within the assigned sector(s) to generate appropriate investment ideas and contribute to asset allocation decisions.
Qualifications
- Seasoned investment professional with a minimum seven years of fundamental and macro Emerging Markets experience
- In-depth knowledge of investment analysis, geographic regions, industry sectors and markets.
- Prior experience in portfolio construction, risk management and attribution is ideal.
- Ability to communicate ideas, strong presentation skills, decisive, curious and willingness to learn.
- MBA and/or CFA preferred.
How to Apply
Qualified applicants should send a resume by email to: Angel Stewart at angel.stewart@toigofoundation.org
Posted 4/23/2012
Municipal Fixed Income Portfolio Analyst - Wells Capital Managment - Milwaukee, WI
Overview
Wells Capital Management (WellsCap) manages $331 B, (including over $190B for Wells Fargo Advantage Funds, WFAF) across a wide variety of equity, fixed income and blended portfolios. We believe professionals with the highest integrity, focused on adding positive relative returns, with disciplined teamwork, will exceed our clients’ expectations.
Description
Wells Capital Management is seeking a candidate to join the successful and growing Municipal Bond portfolio management team. This position will most likely be located in Milwaukee, WI and reports directly to the Head of Tax-Exempt Research. The Municipal Bond team manages over $30B tax-exempt fixed income assets in various short and long-term duration separate accounts and mutual funds. Investments are made in both investment grade and non-investment grade securities. This position will involve credit analysis and assignment of internal ratings for both general obligation and revenue bonds.
Responsibilities
Duties include but not limited to:
- Conducting primary and secondary market credit research utilizing fundamental credit analysis.
- Surveillance of existing security holdings.
- Daily discussions with portfolio managers regarding the purchase and sale of securities, with an emphasis on the underlying credit fundamentals of issuers.
- Documentation of credit recommendations and rating changes by the major credit rating agencies.
- Analysis of assigned sectors and monitoring of general credit trends in the municipal bond market.
- Performing ad-hoc projects/analysis as required
Qualifications
- 2+ year’s experience at a buy-side firm, rating agency, or bond insurer.
- Broad knowledge of General Obligation and Revenue Bonds.
- Excellent analytical, communication, presentation, and computer skills.
- Demonstrated proficiency in handling multiple projects and deadlines.
- Energetic self-starter who is flexible, conscientious, proactive, and detail-oriented.
- Ability to interact confidently and professionally with municipal market participants.
- Ability to work independently, prioritize multiple tasks, and take on new challenges.
- Ability to work as part of a highly dynamic and interdependent team.
Preferred Skills
- Advanced degree to include MBA, Masters in Public Policy, or CFA.
- BA/BS in Business, Finance, Economics, or equivalent
How to Apply
Please post your resume to www.wellsfargo.com/careers Req #3602124 and you may send your resume and cover letter to thomas.stoeckmann@wellscap.com .
PLEASE ALSO SEND AN EMAIL TO: angel.stewart@toigofoundation.org letting her know that you have applied.
Posted 4/30/2012
Investment Accounting Analyst - W.K. Kellogg Foundation - Battle Creek, MI
Overview
The W.K. Kellogg Foundation (WKKF), founded in 1930 as an independent, private foundation by breakfast cereal pioneer, Will Keith Kellogg, is among the largest philanthropic foundations in the United States. Guided by the belief that all children should have an equal opportunity to thrive, WKKF works with communities to create conditions for vulnerable children so they can realize their full potential in school, work and life.
The Kellogg Foundation is based in Battle Creek, Mich., and works throughout the United States and internationally, as well as with sovereign tribes. Special emphasis is paid to priority places where there are high concentrations of poverty and where children face significant barriers to success. WKKF priority places in the U.S. are in Michigan, Mississippi, New Mexico and New Orleans; and internationally, are in Mexico and Haiti. For more information, visit www.wkkf.org.
Description
The Investment Accounting Analyst will provide core financial accounting functions to support the Foundation’s investment operations. Primary responsibilities will include initial development of systems to track alternative investments and on-going analysis and compliance work for investment transactions and other related investment activity, as well as work related to other financial, tax and legal issues. This position will serve as an important link between the Financial Services and Investment Teams and will be supervised by the Director of Financial Services.
Responsibilities
Reasearch and Analysis
- Perform investment account review and analysis.
- Assist in the research of new accounting and tax laws and issues created as a result of the complex legal nature of the investments. Assist with 990PF tax return preparation and audit-related issues.
- Interpret financial statements, including those not in accordance with GAAP and those in foreign currencies and reconcile cash flows on alternative investment portfolio.
- Ensure all partnership K-1’s and audited financial statements are received and analyzed for accuracy and completeness.
- Verify quarterly manager fee computations and performance calculations.
- Lead in the design and implementation of systems development to support analysis and reporting of alternative investments.
- Review monthly investment reports and reconcile data to custodian reports.
- Perform review of investment activity from manager statements to ensure accuracy of custodian reporting.
- Review supporting documentation (i.e. partnership agreements, updated legal/tax checklists, etc.) for all new and existing investments.
- Monitor compliance with Foundation’s investment guidelines, statutory regulations and the Foundation’s documentation over internal controls of new security purchases.
- Investigate differences that surface during reconciliation processes.
- Perform recalculation of investment portfolio performance for the purpose of determining investment staff incentive bonus.
- Evaluate accuracy of 8/31 investment balances using manager reports received subsequent to the balance sheet date and investigate differences to ensure year end balances are accurate.
- Participate in due diligence visits of investment managers to evaluate internal controls of the valuation and reporting function. Assist with responding to inquiries from management and external auditors, including external auditors at year end with any information needed in conjunction with their annual audit.
- Interface with Foundation’s investments and Mission Driven Investments (MDI) teams, investment managers, and custodian on various issues as required.
- Assist with updating WKKF accounting systems, chart of accounts, subsidiary ledgers, monthly schedules, and reconciliation worksheets to reflect new investments.
- Participate in a variety of IT/MIS initiatives and accounting projects.
- Perform other duties as requested.
Qualifications
- 2+ year’s experience at a buy-side firm, rating agency, or bond insurer.
- Broad knowledge of General Obligation and Revenue Bonds.
- Excellent analytical, communication, presentation, and computer skills.
- Demonstrated proficiency in handling multiple projects and deadlines.
- Energetic self-starter who is flexible, conscientious, proactive, and detail-oriented.
- Ability to interact confidently and professionally with municipal market participants.
- Ability to work independently, prioritize multiple tasks, and take on new challenges.
- Ability to work as part of a highly dynamic and interdependent team.
- Work with investment custodian and prepare monthly custodian reports to follow up on variances and other discrepancies and resolve reporting issues. Record data in general ledger.
- Prepare monthly valuation reports, including schedules of unrealized and realized gains and losses, securities lending activity and performance reports to ensure accuracy of various custodian reports.
- Perform assigned general ledger account reconciliations.
Qualifications
- A minimum of a Bachelor’s degree in accounting, finance or related field. CPA or MBA preferred.
- Minimum of 5 years’ practical work experience, with investment accounting experience and a background working in public accounting or with external auditors is essential.
- Understanding of investment accounting including partnership, marketable securities, foreign exchange transactions, alternative investments and tax-related implications of such transactions. Understanding of non-profit accounting specifically for private foundations helpful. Tax experience in partnerships highly desired.
- Experience working effectively with persons from diverse cultural, social, and ethnic backgrounds.
How to Apply
Sue Bagley, Senior Consultant
Summit Search Solutions, Inc.
Direct: 585-349-1452
sbagley@summitsearchsolutions.com
PLEASE ALSO SEND AN EMAIL TO: angel.stewart@toigofoundation.org letting her know that you have applied.
Posted 5/2/2012
Infrastructure Process Specialist- Senior Analyst - Federal Reserve Bank of New York - New York, NY
Overview
As part of the Financial Institution Supervision Group's (FISG) Financial Market Infrastructure
(FMI) Function, the Cross-Firm Data Analysis Team (CFDA) assists the Function's three departments with data mining, analysis and reporting on activities and trends within FMI firms, as well as works with the supervisory teams at complex financial institutions (CFI) to develop complimentary reporting processes from the CFIs. The CFDA team will then integrate the analytics across financial markets to develop reporting on various market trends and patterns within specific markets, as well as risk metrics and indicators as tools for monitoring financial system's network dynamics and systemic risks from the FMI perspective.
Responsibilities
- Identify potential vulnerabilities and bring expertise regarding infrastructure risks to various portfolios, primarily the FMIs and CFI portfolios, based on cross-firm risk analysis
- Work with the supervisory teams at CFIs to ensure that infrastructure issues that have been identified at the FMIs are properly incorporated into the supervisory program for CFIs or other institutions
- Build database, tools and methodologies to link and integrate the data and analysis of individual FMIs and CFIs from the perspective of systemic risk
- Develop risk metrics and indicators for systemic risk monitoring by analyzing, simulating and modeling the network dynamics of financial platforms combining FMIs and CFIs.
Qualifications
- 2+ year’s experience at a buy-side firm, rating agency, or bond insurer.
- Broad knowledge of General Obligation and Revenue Bonds.
- Excellent analytical, communication, presentation, and computer skills.
- Demonstrated proficiency in handling multiple projects and deadlines.
- Energetic self-starter who is flexible, conscientious, proactive, and detail-oriented.
- Ability to interact confidently and professionally with municipal market participants.
- Ability to work independently, prioritize multiple tasks, and take on new challenges.
- Ability to work as part of a highly dynamic and interdependent team.
- Work with investment custodian and prepare monthly custodian reports to follow up on variances and other discrepancies and resolve reporting issues. Record data in general ledger.
- Prepare monthly valuation reports, including schedules of unrealized and realized gains and losses, securities lending activity and performance reports to ensure accuracy of various custodian reports.
- Perform assigned general ledger account reconciliations.
Qualifications
- Strong analytical skills in assimilating new information to assess the risk profiles in the financial network system quantitatively and qualitatively
- The ability to take initiative and ownership of an assignment and produce results under tight time constraints
- PhD or Master degree in quantitative sciences, mathematics, economics, finance or engineering. CFA, FRM or PRM a plus
- Over 5 years of experiences in data mining, modeling and simulation using industry strength tools such as SAS, MatLab, Mathematica, SQL, etc. Experience in network analysis a plus
- Strong background in some or all of the following disciplines a plus
- Clearing, settlement, payments, and market instruments processing - at clearing houses, broker/dealers, custodian banks, wholesale payment processors, FX settlement, etc
- OTC derivatives instruments and markets, covering issues such as risk management, clearing and settlement
- Counterparty risk analysis, modeling or management
- Good leadership skills with the ability to think strategically and demonstrate a broader viewpoint on assignments
- Excellent collaboration skills shown through consistent information sharing and fostering partnerships with others both within and outside of his/her risk expertise
- Strong prioritizing, planning and organization skills
- Strong written, verbal and presentation skills.
This position requires access to confidential supervisory information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability or genetic information.
How to Apply
For more information or consideration for this role, please contact Joyce Hoggard, Recruiter, Federal Reserve Bank of New York at Joyce.Hoggard@ny.frb.org.
PLEASE ALSO SEND AN EMAIL TO: angel.stewart@toigofoundation.org letting her know that you have applied.
Posted 5/11/2012
Consumer Credit, Quantitative Risk Specialist - Federal Reserve Bank of New York - New York, NY
Overview
The Credit Risk Department within the Financial Institution Supervision Group promotes a safe and sound banking system and a stable financial system by effectively identifying existing and emerging credit risk trends. The Consumer Credit & Analysis team contributes to the Bank's financial stability objectives by proactively monitoring and identifying inherent/emerging risk related to consumer credit businesses (Residential Mortgage, Credit Card, Auto and other retail lending) through continuous monitoring, exams, horizontal analyses and advanced analytics, in collaboration with on-site teams and experts across the System. The Consumer Credit Analysis team provides input to and help produce various high priority analyses of the financial capacity of our supervised institutions to support their consumer credit businesses. In addition, the Analysis team provides examination support and expertise for high risk consumer activities and Basel II implementation. The Analysis team's primary focus is domestic large complex banking organizations that are active in consumer credit businesses, but it also applies its expertise as needed in the supervision of other institutions with material consumer credit exposures.
The selected candidate will support the team’s objective to implement and execute a more rigorous continuous monitoring model that further leverage data analysis to identify vulnerabilities, which feeds into risk assessments, supervisory plans and exam execution. He or she will leverage in-depth consumer product expertise, advanced analytical skills and sound supervisory knowledge to look more broadly across institutions, providing analysis, supplying insights, and identifying emerging risks and trends. The selected candidate will also perform select targeted reviews to analyze financial institutions’ lending practices and evaluate the risk management processes/controls that govern consumer credit products.
Responsibilities
- Lead analytical efforts to assess current industry practices, evaluate conditions and trends, and identify emerging risks as financial products/markets evolve, both at the individual institution level and at the industry level;
- Develop / enhance quantitative framework and tools to support supervisory stress testing of consumer portfolios;
- Formulate and communicate cross-horizontal perspective on supervised institutions’ overall inherent / emerging risk and risk management practices for use in risk assessments, supervisory plans and exam execution;
- Participate on or lead examinations of consumer lending activities at supervised banking organizations (periodic in- and out-of-state travel may be required); which will require presentation of examination results to Federal Reserve and the supervised institution at various executive levels;
- Participate as needed in the development or refinement of existing supervisory guidance for sound risk management and analytics;
- Coordinate analytical activities and approaches relating to consumer credit within the bank and across the System;
- Promote statistical / analytical understanding and knowledge transfer to team members.
Qualifications
- At least 10 years of experience in the financial industry with broad product knowledge of residential mortgage, credit card, auto, small business and other retail lending;
- Strong knowledge of retail credit risk analytics and modeling, and in particular, advanced knowledge of statistical analysis, predictive modeling and segmentation methodologies;
- Solid knowledge of consumer credit risk management principles and practices in the relevant retail portfolios;
- Experience in Basel II construct including segmentation, PD, EAD, LGD quantification and credit risk ratings are a plus;
- Experience in using statistical packages (e.g. SAS) are a plus;
- Superior problem-solving skills;
- Excellent written and oral communication skills; well-developed presentation skills;
- The candidate should possess an advanced degree in a quantitative discipline such as Statistics, Operations Research, Financial Engineering, Mathematics of Finance, MBA with a quantitative focus, Applied Mathematics, or Economics. Undergraduate degree acceptable if combined with related industry experience
This position requires access to confidential supervisory information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability or genetic information.
How to Apply
For more information or consideration for this role, please contact Joyce Hoggard, Recruiter, Federal Reserve Bank of New York at Joyce.Hoggard@ny.frb.org.
PLEASE ALSO SEND AN EMAIL TO: angel.stewart@toigofoundation.org letting her know that you have applied.
Posted 5/11/2012

