Assnt Investment Officer Trainee 2 - Similar to Grade 16

Positions in this title can be hired through NY HELPS

GOT-IT does not provide information on any job postings or job availability. For information on current job postings, please visit StateJobsNY. You may also visit specific New York State Agency websites for information about an agency and its job opportunities.

Positions

This title exists within Various New York State Agencies and has approximately 33 positions statewide.

You are viewing a title with a traineeship, please note this number of positions reflects the number of positions established at the full performance level.


*The number of positions is approximate and represents the number of positions established (both filled and vacant); it is not an indication or reference to position type or duration, or intent to be filled.

Career Ladder

A listing of titles that are most commonly used as steps for upward mobility for this title series.

Salary Information for Assnt Investment Officer Trainee 1
Title Grade Hiring Rate/yr Job Rate/yr
Assnt Investment Officer Trainee 1 14 $52,198 $66,634
Assnt Investment Officer Trainee 2 16 $58,247 $74,135
Assnt Investment Officer 18 $65,001 $82,656
Assoc Investment Officer 23 $84,156 $106,454
Investment Officer 61 $90,931 $114,940
Senr Investment Officer 63 $111,925 $141,439
Prin Investment Officer 64 $123,793 $156,224

All salary grades for trainees titles are non-statutory (NS) equated to the salary grade identified. These grade equations apply to the starting salaries in their respective salary schedule for the traineeship levels.

This title may exist in more than one negotiating unit. This salary schedule represents the most typical salary for this title. Click here to view additional salary information regarding the various bargaining units.

An individual's final salary is determined by the Office of the State Comptroller. This salary schedule does not reflect any Special Salary Treatments

Job Duties

Investment Officers assist in analyzing investment offerings by reviewing proposals; ensure proposals are in compliance with investment laws, rules, and regulations; assists in the purchase and sale of investments by canvassing dealers and brokers to obtain quotes; make recommendations and arranges and authorizes purchases and sales of short and long-term investments; screen new investment proposals to evaluate consistency with program; collects and maintains data relating to investment transactions and prepares reports; assist in researching and recommending new investments, strategies, policies and procedures; conduct economic research related to market conditions and investments; analyzes cash flow requirements to determine money available for short-term investments; analyzes the recommendations of investment advisors and recommends investment strategies and particular investments; prepare and review reports of investments to analyze investment and dealer performance and adherence to investment goals and requirements; maintain active list of eligible brokers; and maintain and prepare records and reports of work activities.

Trainees will receive a combination of structured training, on-the-job training, and/or practical job performance to gain the knowledge and experience necessary to function at the full performance level.

The Classification standard for this title illustrates the nature, extend, and scope of duties and responsibilities of the classes they describe. There is no classification standard available currently for this title.

Summary of Minimum Qualifications

For informational purposes only, click on the examination number(s) listed below to see the current or previous examination(s) that are used to fill this title.

26-872

Please note: qualifications for this position may be subject to change. Job postings on StateJobsNY will contain the most up-to-date qualifications.

How to Apply

All HELP and NY HELPS open positions are now posted on StateJobsNY. It is now even easier for Jobseekers to find openings and connect with New York State agencies.

To narrow your search to NY HELPS jobs, click on "For the General Public", then "Search Vacancies", and select "Yes" on the NY HELPS dropdown to narrow your search to NY HELPS jobs.

Directions to apply will be specified on each individual job posting.

Mobility Options

Career mobility is not just limited to the titles in the Career Ladder, above. Additional movement may be achieved through transfers opportunities or other examinations.

For additional information or clarification of transfer determinations, current State employees should contact the Career Mobility Office at (518) 485-6199 or (800) 553-1322.

You can also visit ELMS Online to view established open-competitive, promotion, and transition eligible lists.

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