Manager, Investments

Position Title: Manager, Investments

Department: Investments

Location: Albany, NY

Grade/Classification: 6(D1) - Sr. Professional

Salary Range: $99,201 - $124,485

Bargaining Unit: CSEA

FLSA Status: Exempt

Last Revised: June 13, 2016

Primary Purpose

The Manager, Investments manages the day-to-day operation of the Investments Unit and assists with planning, directing, and coordinating the activities of the unit. The Manager, Investments also monitors compliance with unit goals and DASNY's Investment Policy and Guidelines.

Essential Functions

• Manage the day-to-day operations of the Investments unit including the purchase, sale and re- investment of securities, monitoring of cash balances, transfer of cash for scheduled and off-cycle check runs, opening and closing of bank accounts and report preparation.
• Assign, manage and prioritize workload and allocate work among
• Review and approve various financial transactions/documents such as re-investments, wire transfers, bid sheets, asset reconciliations and daily investment collateral transactions.
• Manage DASNY's corporate banking Monitoring bank service fees and addressing service quality issues.
• Evaluate, develop, and implement cash management products and services to optimize efficiencies within the Unit.
• Oversee each institution's compliance with certain covenants of the bond documents, e. reserve fund requirements.
• Manage and monitor broker-dealer
• Ensure compliance by brokers, banks and trustees with DASNY investment
• Perform various tasks related to the annual
• Liaise with senior staff, external auditors, financial institutions, clients and other government
• Design, maintain and test investment
• Assist with the design, development, implementation and maintenance of an electronic investment trading system. Oversee the use and compliance with applicable controls.
• Prepare various financial reports for management, the DASNY Board of Directors and external
• Recommend, design, develop and implement procedures, strategies and
• Assist in the review and recommend changes to DASNY's Investment Policy and Guidelines based on current regulatory and/or market conditions.
• Develop and monitor performance measures and unit goals and

Other Duties and Responsibilities

• Manage, direct and develop
• Train and evaluate
• Assist management in the development of
• Develop, document and implement
• Recommend, implement and maintain process
• Assist, develop and implement internal controls, and oversee the review and testing of
• Undertake special assignments as

• Must maintain regular attendance in accordance with DASNY attendance and leave
• Must adhere to the NYS Information Security Policy Standards established and issued by the Office of Cyber Security and Critical Infrastructure Coordination. (Standards can be found on the Intranet).

Supervision

Supervision of employees is required.

Physical/Mental/Visual Demands

Occasional travel may be required using public transportation, DASNY vehicle, rental vehicle or personal vehicle. This travel may include overnight stays at public accommodations and related establishments. Requires complex and time-pressured decision-making. Must be able to work overtime or extended work hours as needed.

Work Environment

Standard office environment, including the use of one or more of the following: PC, telephone, fax machine, printer, copier, scanner, electronic stapler/hole punch/date stamp, shredder.

Minimum Qualifications

Bachelor's degree plus five years relevant experience, including two years supervisory experience. Practical experience with investment of funds and electronic transfers.

Preferred Qualifications

CPA, Master's or Bachelor's degree in Accounting, Finance, Business Administration or related field plus five years' experience in investments, cash management and public finance, including two years supervisory experience. Practical experience with investment of funds and electronic transfers.

Essential Skills

• Working knowledge of various fixed income investments and related financial
• Working knowledge of banking products and financial
• Basic knowledge of management
• Demonstrated ability to work independently, exercise sound judgment and take
• Demonstrated analytical and conceptual
• Strong interpersonal
• Excellent mathematical
• Excellent oral and written communications
• Proficiency in PC applications such as Microsoft Outlook, Excel, Access and
• Demonstrated ability to work in a fast-paced environment, handle multiple tasks under tight deadlines and make quick decisions under pressure.
• Demonstrated organizational skills and ability to
• Demonstrated accuracy and attention to

Benefits information:

DASNY provides financing and construction services to public and private universities, not-for-profit healthcare facilities, and other institutions which serve the public good.

We offer a comprehensive benefits plan, which includes:

• Choice of several health insurance plans
• Dental & vision insurance
• Membership in the NYS Retirement System
• Deferred Compensation Investment Plan
• 13 vacation days per year
• 13 sick days per year
• 5 days of personal leave per year
• 12 paid holidays per year (plus one float day)
• Tuition reimbursement
• Training & development opportunities

We offer additional benefits, which includes:

• Telecommuting Work Plan - Employees are required to apply and obtain approval through management to telecommute according to DASNY's Telecommuting Program Guidelines. The days designated as telecommute days must be consistent with operational needs as determined by DASNY division, department and/or unit management. Employees may only telecommute on up to four (4) workdays per pay period and shall be limited to no more than two (2) contiguous telecommute workdays. Eligibility applies after 3 months of employment.
• Limited Work from Home (LWFH) - additional telecommute days according to DASNY's Telecommuting Program Guidelines. Eligibility applies after 6 months of employment.
• DASNY is a government employer for purposes of the Public Services Loan Forgiveness Program (PSLF Program). The PSLF Program forgives the remaining balance of certain student loans after making 120 qualifying monthly payments. For more information regarding PSLF Program and whether you qualify please visit the Studentaid.gov website.