Job Description

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 (BAM) 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.

Reporting to the Bureau of Asset Management’s Agency Chief Contracting Officer, conducts research and provides legal advice for the Bureau of Asset Management’s contracts/procurements and other investment related legal document reviews. Drafts templates for investment management services in order to establish a BAM contract library. Works with BAM’s Director of Contracts in negotiating contract terms with investment management service providers and provides BAM’s Agency Chief Contracting Officer with legal advice with regards to the procurement rules in which the investment management services contract follow. Works with Agency’s Office of General Counsel and the NYC Law department to modify Public Procurement Board rules and guidelines to align with the Bureau of Asset Management’s business. Plans and implements the procurement of Minority and Women-owned Business Enterprise Development program.

• Provides legal advice related to the Bureau of Asset Management contracts and other investment related legal documents

• In coordination with the Director of Contracts, draft BAM contracts including new contracts, renewals, amendments and assignments

• Negotiates with external service providers terms of the investment management services contract.

• Creates and maintains a BAM contract template library for investment management services

• Performs legal research, creates memorandums and provides legal advice for BAM’s procurements.

• Works with Office of General Council when applicable and the NYC Law Department to resolve any contract issues.

• Works with BAM ACCO and Chief Investment Officer in finalizing and signing off of contracts.

• Provides support and legal advice to BAM in the contracting process for Minority and Women - Owned Business Enterprises(M/WBE)

• Performs other related assignments and special projects as may be required

QUALIFICATION REQUIREMENTS: Admission to the New York State Bar and Five (5) or more years of full-time relevant legal experience drafting and negotiating documents related to government procurement/contracts, and/or drafting and negotiating documents related to complex investment management services.

The selected applicant must remain a member of the New York State Bar in good standing for the duration of this employment

Qualifications

Admission to the New York State Bar; and four years of recent full-time responsible, relevant, satisfactory legal experience subsequent to admission to any bar, eighteen months of which must have been in the supervision of other attorneys, in an administrative, managerial or executive capacity, or performing highly complex and significant legal work.

Incumbents must remain Members of the New York State Bar in good standing for the duration of this employment.

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.