Six Figure Work

Assistant Corporate Bond Portfolio Manager

State of New York (state agencies)

Company websiteny.gov (State of New York (state agencies), opens in new tab)

Base salary $179,150  to $229,150

Employer-published annual base salary, USD. Advertised base range in New York, NY

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  • LocationNew York, NY
  • WorkplaceWorkplace not stated
  • Status at last checkSource accepting applications when checked
  • Last checked (58 min ago) · observed since

About this job

With more than $22 billion in assets under management, the New York State Insurance Fund (NYSIF) is one of the nation’s largest workers’ compensation insurers. As NYSIF continues to invest in its growing and industry-leading investment platform, the investment team is seeking an Assistant Corporate Bond Portfolio Manager to support the management of its corporate bond exposure, representing more than $9 billion in assets across its portfolios.

The Assistant Corporate Bond Portfolio Manager is integral to the corporate bond investment process and a key contributor to trading activities. Success in this role requires leveraging NYSIF resources and in particular collaborating closely with the credit research, risk, and sustainability teams. This position offers meaningful development at the intersection of global capital markets, portfolio construction, and credit management.

Primary responsibilities of Portfolio Management
• Assist in developing and executing NYSIF’s investment strategy.
• Participate in investment decision-making, including attending and contributing to the Credit Team’s daily and periodic meetings.
• Conduct risk analysis and recommend portfolio positioning and optimization strategies.
• Generate investment ideas using relative-value and fundamental analysis.
• Ensure compliance with investment policy guidelines and applicable statutory and regulatory requirements.

Trading and Liquidity Management
• Execute trades across a range of fixed-income instruments, including conducting qualitative and quantitative valuation, sourcing liquidity, ensuring accurate trade processing and smooth operational workflows.
• Support cash management across multiple NYSIF portfolios by planning for and executing liquidity and funding needs.
• Support NYSIF’s fiduciary responsibilities by maintaining relationships with trading and syndicate desks across the investment banking community, as well as with securities-lending and money-market counterparties.
• Oversee NYSIF’s delegated securities lending program.

Additional responsibilities include, but are not limited to:
• Support monthly and quarterly reporting for the team and senior management, leveraging NYSIF internal and external resources
• Help elevate credit investment processes to best-in-class industry standards, leveraging existing technology and systems to improve workflow efficiency.
• Partner with the NYSIF sustainability team to help implement NYSIF’s portfolio decarbonization objectives.
• Maintain relationships with financial institutions, advisory groups, and management teams on fixed-income investment policy and procedures.

• Bachelor’s degree and minimum five years of relevant experience in institutional fixed income corporate bond investing and trading. Preference may be given to candidates who have obtained an MBA or the Chartered Financial Analyst (CFA) credential; CFA study at any level is a plus.
• Experience with portfolio management software, and knowledge of analytic systems, Blackrock Aladdin in particular, is preferred.

Preferred Qualifications:
• Proficient in PowerPoint, Excel, and MS Office; skills in programming languages.
• Strong math, statistical, and quantitative skills are essential.
• Deep understanding of fixed income instruments and public credit markets, risk analytics, and portfolio management techniques.
• Solid understanding of global capital markets, macroeconomics, and financial analysis.
• Experience with electronic trading platforms such as MarketAxess, Directbooks, Bloomberg FIT.
• Experience with derivatives instruments is desirable and valued.
• High attention to detail and a passion for money management.
• Ability to work effectively in a team environment and independently.

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.

Source: State of New York (state agencies) on New York State Jobs · View original posting (opens in new tab)

Pay in context

This role's base floor ($179,150) is above 79% of the 179 Program & Project Management roles in New York listed on this site. Their median floor is $140,000; the middle half runs from $115,000 to $168,000.

Only jobs on this site count, and each one publishes a base salary of $100,000 or more, so this compares six-figure jobs with each other, not with the whole market. Computed Nov 7, 2026.

This range next to 6 other live State of New York (state agencies) roles with the nearest advertised base floor
Chart as a table
This range next to 6 other live State of New York (state agencies) roles with the nearest advertised base floor
RolePublished base
Assistant Corporate Bond Portfolio Manager (this listing)$179,150 - $229,150
Clinical Physician 2$177,224 - $212,141
Clinical Physician 2$177,224 - $212,141
Senior Vice President, Community Relations , REDP$175K - $185K
Deputy Commissioner, Audit Division$172,787 - $213,995
Senior Counsel, Real Estate$170K - $180K
Associate Commissioner for Design and Construction (Building Superintendent) - VID 228074$163,811 - $206,043

Same $100K to $400K scale as every card. All State of New York (state agencies) roles · How to read the bar

Observed changes

  1. First observed on the employer's board
  2. Began meeting the published-salary criteria
Observed since
Employer-stated posting date
2026-10-27
Where this pay comes from

Location as the employer wrote it: New York, NY, US

Salary Range: From $179150 to $229150 Annually

Method
Employer text, read with fixed rules and re-verified
Checked
Rule set
us-base-v2

The pay passage appears in the employer's own job text. Fixed, deterministic rules located it, and the passage below was checked against the stored copy of the posting.

What we verified

  • The pay figures come from the employer's own listing, quoted exactly above.
  • The pay is an annual base salary in US dollars with a minimum of at least $100,000.
  • The role was publicly listed on the employer's job board when last checked.

We do not verify what the employer will actually offer, whether the employer is still recruiting for the role, or anything beyond what the employer published. Full methodology.