New York State has approximately 31 positions* in this title statewide. You may view a breakdown of positions by county. This position exists in Teachers Retirement System. View links to all New York State agencies including agencies that have this title. For more information, New York State employees can contact the Career Mobility Office at (518) 485-6199 or (800) 553-1322. If you are not a current New York State employee, you can use the Department of Civil Service Web site to explore possible employment opportunities.
*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. If you are viewing a trainee title, please note this number reflects the number of positions established at the journey level. Agencies may fill at the trainee level(s) or at the journey level based on employee qualifications. GOT-IT does not provide information on any job postings or job availability. For information on current job postings, please visit State Jobs NY. You may also visit specific New York State Agency websites for information about an agency and its job opportunities.
A listing of titles that are most commonly used as steps for upward mobility for this title series. The salary schedule for this career ladder is also available.
Teachers Retirement System Invest Officer Tr 1
Similar to Grade 14
Similar to Grade 16
Upon successful completion of 12 months as Teachers Retirement System Invest Officer Tr 1, you will automatically advance to Teachers Retirement System Invest Officer Tr 2.
Note on Traineeships: When current State employees with prior graded State service transition into traineeships, there will be cases where these individuals will be compensated at a higher rate than the hiring rate of the "equated salary grade" of a traineeship. Specifically, in these cases, the starting compensation of a traineeship will be the higher of either: 1) the hiring rate of the "equated salary grade;" or 2) an employee's current graded salary. For those current State employees with no prior graded service who transition into traineeships, these individuals will be compensated at the hiring rate of the "equated salary grade." Overall, because of the various intricacies associated with the State's salary mechanics, the Office of the State Comptroller should be consulted regarding the actual compensation paid to any State employee transiting to a traineeship.
As a Teachers' Retirement System Investment Officer, in general, you would assist higher level staff in the analysis and management of NYSTRS investments through duties such as: (1) assisting with trading domestic stocks and bonds and “due diligence,” selection and monitoring of private equity investments; (2) learning the use of quantitative tools and investment software to maximize the return of internally managed investment portfolios; (3) assisting with credit analysis of fixed income securities and monitoring externally managed portfolios; (4) assisting in preparation of detailed analysis of investment offerings, maintenance/development of statistical data, and preparation of correspondence and documents in connection with purchases and sales of investments.
In Real Estate, duties may include: (1) assisting with analyzing and underwriting large commercial real estate transactions for potential acquisition; (2) assisting in evaluating requests for financing commercial real estate assets across the U.S.; (3) assisting with performing site inspections, conducting market assessments, modeling investment performance, reviewing leases/appraisals/engineering and environmental reports, and conducting other “due diligence” work as necessary; (4) participating in the preparation of the closing legal documents.
There is no classification standard available at this time for this title. For additional information regarding other titles this will bring you to the NYS Title and Salary Plan. If there is a classification standard available there will be a link under the column labeled STD NO. If no link is available there is no classification standard available at this time for that title.
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 in order to be considered for this position.
Candidates must have a bachelor's degree including or supplemented by 30 semester credit hours in any one, but no more than two, of the following areas: accounting, economics, finance, investments, mathematics or statistics.
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.28-066
When this examination is scheduled to be held, the announcement can be found on the Department of Civil Service, Examination Announcements web page. If you do not see an examination currently scheduled please check back on a monthly basis or sign up for announcement notification by email so that you will automatically be notified when new examinations are being offered.
Career mobility is not just limited to the titles in the Career Ladder, above. Additional movement may be achieved through other examinations, additional education and/or work experience or transfer opportunities. For additional information or clarification of transfer determinations, current State employees should contact the Career Mobility Office. Visit ELMS Online to view established open-competitive, promotion, and transition eligible lists. If you are not a current New York State employee, see Employment Opportunities with New York State and find out how to become a New York State employee.