Manager

Duties Description

The New York State Insurance Fund (NYSIF), with over $20 billion in assets under management, is hiring a Sustainable Investments Manager to support the implementation of its sustainable investing strategy. This is a high-impact role for an experienced investment professional who thrives at the intersection of financial analysis and sustainability.

The Manager will lead investment diligence and portfolio analysis related to sustainability across asset classes, including public and private markets—while managing climate-related data and helping shape NYSIF’s growing sustainable investment portfolio. This position is ideal for someone with strong analytical skills, deep familiarity with sustainability data and frameworks, management experience, and a passion for aligning investment outcomes with environmental and social goals.

Responsibilities Include, But Are Not Limited To:

Sourcing and Due Diligence

• Lead sourcing and diligence of sustainable investment opportunities across asset classes—including public equities, fixed income, private equity, credit, real assets, and structured products—with a focus on Sustainability-integrated, climate-aligned, and impact-oriented strategies.
• Leverage existing relationships and proactively expand NYSIF’s network of sustainability-focused fund managers and platforms.
• Conduct rigorous due diligence of investment opportunities, including both financial and Sustainability considerations and assess alignment with NYSIF’s sustainability objectives and risk-return profile.
• Responsible for leading due diligence on Sustainability oriented private funds, including, for example – decarbonization, renewable energy, and affordable housing funds.
• Prepare comprehensive investment memos and presentations and support review and approval processes through internal investment committees.

Portfolio Oversight and Benchmarking

• Support the construction and ongoing monitoring of NYSIF’s sustainable investment portfolio, including performance attribution, risk assessment, and ESG/impact tracking.
• Evaluate and benchmark ESG and climate performance at both the individual investment and total portfolio levels.
• Track implementation of sustainability-related goals, including net zero alignment, climate risk mitigation, and social impact contributions.

Data Management and Reporting

• Manage ESG and climate-related data collection, analysis, and reporting across all asset classes.
• Analyze metrics such as carbon emissions (Scope 1, 2, and 3), net zero targets, science-based commitments, physical and transition risk exposure, and alignment with industry standards (e.g., TCFD, SBTi, CDP, PCAF).
• Utilize ESG and climate platforms (e.g., MSCI, Aladdin Climate, Sustainalytics, Bloomberg, ISS) to monitor portfolio exposure and performance.
• Co-author reports, including climate disclosures, investment case studies, and thematic analyses.

Stakeholder Engagement and Policy Support

• Collaborate with internal teams (investment staff, legal, risk, operations) and external stakeholders (consultants, fund managers, regulators) to implement NYSIF’s ESG priorities.
• Support development of ESG-related investment frameworks, policies, and evaluation tools.
• Prepare materials and briefings for senior leadership, the Board, and external partners.

Minimum Qualifications

• Bachelor’s degree in finance, economics, sustainability, or a related field.
• Minimum of seven years of experience in investment management, sustainable investing, or ESG research, with a demonstrated track record of fund sourcing, evaluation, and portfolio oversight.
• Experience evaluating financial and sustainability aspects of private markets funds.
• Strong analytical and modeling capabilities with experience integrating ESG and financial data.
• Proficiency with some ESG data platforms and tools (e.g., MSCI, Bloomberg, Aladdin, ISS, Sustainalytics).
• Familiarity with leading sustainability frameworks and disclosure standards (e.g., TCFD, PRI, CDP, GHG Protocol, SFDR, SBTi).

Preferred Qualifications

• MBA, CFA, CAIA, or progress toward a similar credential.
• Excellent written and verbal communication skills, including experience preparing investment memos and ESG reporting.
• Deep understanding of sustainable finance market trends and ESG regulatory developments.
• Proven ability to work independently and collaboratively within cross-functional teams.

Please be advised that the New York State Insurance Fund (NYSIF) does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position. NYSIF is not currently enrolled in eVerify, which is a requirement for certain types of employment verifications

Additional Comments

• Primary Location: New York City
• Travel: 10%
• Schedule: 9 AM – 5 PM
• Telecommuting: Subject to NYSIF’s telecommuting program approval process, this position may offer up to 50% telecommuting.
• Jurisdictional classification: Exempt
• Bargaining unit: Management Confidential (M/C)
• Civil Service title: Special Investment Officer
• All exempt appointments require completion of a background check by the NYS Governor’s Office of Appointments prior to appointment and completion of an annual Financial Disclosure Statement upon appointment offer.

As this position is not tenure-bearing, except under specific circumstances, the employment relationship can be altered at any time by either the incumbent or the appointing authority.

Fringe Benefits

• Competitive Compensation
• Future Career Growth Potential
• Open and Supportive Team-Based Environment
• Plentiful Vacation, Personal, and Sick Leave Accruals
• Paid State and Federal Holidays
• Full Medical, Vision, and Dental
• Retirement Options
• Public Student Loan Forgiveness (PSLF)
• Possibility of Telecommuting, Flextime, and Alternative Work Schedules

About NYSIF

NYSIF is the largest workers' compensation insurer in New York State and among the ten largest nationwide. NYSIF covers 2 million workers and insures 200,000 employers in New York State. NYSIF's mission is to guarantee the availability of workers' compensation, disability insurance and paid family leave at the lowest possible cost to New York employers while maintaining a solvent fund. Since its inception 110 years ago, NYSIF has fulfilled this mission by competing with other insurance carriers to ensure a fair marketplace while serving as a guaranteed source of coverage for employers that cannot secure coverage elsewhere. NYSIF strives to achieve the best health outcomes for injured workers and be an industry leader in price, quality, and service for New York employers. For more information, visit nysif.com.

NYSIF Commitment To Diversity, Equity, And Inclusion

The New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have.

Executive Order 31

Executive Order 31 commits New York State government to becoming a model employer for people with disabilities, increasing the participation of people with disabilities in state service and ensuring equal access to opportunities. NYSIF is proud to utilize best practices to recruit, hire, retain, and promote career advancement of individuals with disabilities. This includes special focus on current and prospective employees with the most significant disabilities, such as the use of supported employment, individual placement with support services, customized employment, the civil service sections 55/b and 55/c programs, internships, and job shadowing. If you are a person with a disability and wish to request that a reasonable accommodation be provided for you to participate in a job interview, please send an email to NYSIF’s Reasonable Accommodations mailbox at ra@nysif.com.

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