Senior Contract Analyst

City of New York

New York (NY)

On-site

USD 100,000 - 125,000

Full time

3 days ago
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Job summary

The City of New York seeks an Investment Analyst for the Bureau of Asset Management, Contracting Division. This role supports procurement and contract activities for investment-related services, including RFPs, vendor negotiations, and contract management.

Internal candidates only; open to current NYC Comptroller employees. The position emphasizes compliance with NYC procurement rules and collaboration with GCs, OGC, and business teams.

Qualifications

  • Baccalaureate degree with 24 credits in accounting, business administration, economics, finance, law, mathematics, and/or statistics and one year of satisfactory full-time experience in investment activities of a governmental agency, financial institution, or brokerage firm; or
  • A baccalaureate degree and two years of satisfactory full-time investment experience in governmental agency, financial institution or brokerage firm.

Responsibilities

  • Prepare complex RFPs, Notices of Search, and other solicitation types in accordance with NYC Procurement Policy Board Rules.
  • Lead and facilitate major procurement activities for RFI/RFPs and Notices of Search, including complex negotiations.
  • Work with business teams to define requirements for vendors across functions critical to Asset Management.
  • Prepare new contracts, contract amendments and extensions.
  • Maintain contract related information including database and workflow tools.
  • Interface with BAM staff, OGC, and other NYC procurement/contract teams to navigate vendor process from RFI/RFP to registration.
  • Assist in creating standardized contract clauses and templates to improve efficiency.
  • Explain and apply contract rules per NYC Procurement Policy Board Rules.
  • Utilize FMS, PASSPort and other databases to monitor procurement processing.

Skills

RFP preparation
Contracting coordination
Vendor management
Data analysis

Education

Baccalaureate degree with 24 credits in accounting/finance/etc
Bachelor's degree + 2 years investment experience

Tools

PASSPort
FMS

Job description

  • Job Category: Finance, Accounting, & Procurement
  • Salary Band: $100,000 to $125,000
  • Compensation: USD 90,000 - USD 103,500
Job Description

INTERNAL EMPLOYEES ONLY: This position is open only to the current employees of the Office of the New York City Comptroller.

The New York City Comptroller's Office works to promote the financial health, integrity, and effectiveness of New York City government, in order to strengthen trust, secure a thriving future for all New Yorkers, and build a more just, equitable, and resilient city. Led by an independently elected citywide official, the comptroller's office provides checks and balances needed to hold City government accountable for budgeting wisely, investing responsibly, operating efficiently, acting fairly, living up to its obligations and promises, and paying attention to the long‑term challenges we face together.

The Bureau of Asset Management is responsible for oversight of the investment portfolios of the five New York City pension systems. Through a culture of collaboration, individual development, and teamwork that leverages diverse talent and strives for continuous improvement, the goal of the Bureau of Asset Management is to achieve exceptional investment outcomes for all stakeholders; to deliver outstanding support to plan Trustees; and to serve as a responsible steward of the resources of plan beneficiaries and the City of New York.

BAM's Contracting Division is responsible for the procurements and contracts required for the execution of BAM's mandates in support of the financial assets of the New York City pension funds. This includes, but is not limited to, procurements related to investment managers, operations, reporting, and financial consulting services. Activities cover the full spectrum of the New York City procurement process from Requests for Proposals, through registration of all contracts.

Reporting directly to the Director of Contracts and working closely with the Chief Contracting Officer, the Senior Contract Analyst responsibilities include, but are not limited to:

  • Prepare complex RFPs, Notices of Search, and other solicitation types in accordance with the New York City Procurement Policy Board Rules;
  • Lead and facilitate major procurement activities for RFI/RFPs and Notices of Search, including the facilitation of complex negotiations;
  • Work with business teams to define requirements for vendors across multiple functions critical to the Asset Management function;
  • Prepare new contracts, contract amendments and contract extensions;
  • Maintain contract related supporting information including the contract database and workflow management tools;
  • Interface and facilitate with BAM staff, The Office of the General Counsel (OGC), and other NYC procurement and contract teams to navigate the vendor acquisition process from the RFI/RFP, Notice of Search stage through registration;
  • Assist the Director of Contracts and the Chief Contracting Officer in creating standardized, reusable contract clauses and templates to improve the efficiency of the contract development process;
  • Understand, explain, and apply contract rules and regulations in accordance with the New York City Procurement Policy Board Rules and other requirements;
  • Utilize software applications such as Financial Management System (FMS), and PASSPort, in addition to other electronic and online databases to monitor procurement processing and complete procurement-related documents.
  • Perform other related duties as may be required.

INVESTMENT ANALYST - 40925

Qualifications

1. A baccalaureate degree from an accredited college or university, including or supplemented by 24 semester credits in accounting, business administration, economics, finance, law, mathematics, and/or statistics and one year of satisfactory full-time experience in investment activities of a governmental agency, financial institution, or brokerage firm; or

2. A baccalaureate degree from an accredited college or university and two years of satisfactory full-time experience in investment activities of a governmental agency, financial institution or brokerage firm.

Special Note: To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one additional year of full-time experience in investment activities of a governmental agency, financial institution or brokerage firm.

Special Note: To be eligible for placement in Assignment Level III individuals must have, in addition to meeting the minimum requirements, at least two additional years of full-time experience in investment activities of a governmental agency, financial institution or brokerage firm.

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

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