Senior Contracts Counsel for Bureau of Asset Management - Office Of The Comptroller : Job Details

OFFICE OF THE COMPTROLLER

Full-Time

Location: MANHATTAN

No Exam Required

Department: Asset Management

Salary Range: $115,000.00 – $130,000.00

The New York City Comptroller's Office works to promote the financial health, integrity, and effectiveness of New York City government. 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, 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. 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, the Senior Contracts Counsel conducts research and provides legal advice for the Bureau of Asset Management's contracts/procurements and other investment-related legal document reviews. Responsibilities include:

• Provides legal advice related to the Bureau of Asset Management contracts and other investment-related legal documents.
• In coordination with the Director of Contracts, drafts 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 the Office of General Counsel and the NYC Law Department to resolve any contract issues.
• Works with BAM ACCO and Chief Investment Officer in finalizing and signing off on 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.

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.

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.

• Advanced knowledge of Chapter 13 of the City Charter and the rules of the Procurement Policy Board.
• Demonstrated progressively responsible experience in coordinating and implementing complex contract development and negotiating activities in a multifaceted governmental setting.
• Experience drafting and negotiating documents related to complex investment management services.
• Excellent oral and written communications capabilities (including proficiency in Microsoft Office Suite applications).

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education's website at

New York City Residency is not required for this position.

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.

Job ID: 643675

Title code: 95005

Civil service title: EXECUTIVE AGENCY COUNSEL

Title classification: Non-Competitive-5

Business title: Senior Contracts Counsel For Bureau Of Asset Management

Posted until: 10/22/2024

Experience Level: Manager

Job level: M3

Number of positions: 1

Work location: 1 Centre St., N.Y.

Category: Legal Affairs