Prin Investment Officer - Grade 64

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Positions

This title exists in State Insurance Fund and has approximately 2 positions.


*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

As an Investment Officer, in general, you would assist higher level staff in the analysis and management of investments, assist in the trading of domestic stocks and bonds and in the due diligence, selection and monitoring of private equity investments. You will have the opportunity to make use of quantitative tools and investment software to maximize the return of the internally managed investment portfolios through performance measurement or other quantitative analysis of investments, perform credit analysis of fixed income securities, and monitor externally managed domestic and international stock and bond portfolios. You will prepare detailed analysis of investment offerings, maintain and/or develop relevant statistical data, and prepare correspondence and documents in connection with purchases and sales of investments.

The level of the titles within this career ladder vary based on the level of supervision, complexity of the duties involved, degree of independent judgment, etc.

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

Please note: qualifications for this position may be subject to change. If substitutions for education and/or experience are allowed, this information would be available on the announcement.

You must take and pass a Civil Service examination to be considered for this position.

You must be a qualified employee of New York State and have a minimum of one year permanent competitive service as a Senior Investment Officer.

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

This title is filled via promotion by the agency or agencies which have this title. Candidates must have had appropriate service in the promotional field for this title to be eligible for consideration. Applicants must apply directly to the agency or agencies that have this title.

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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