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 Comptroller’s Office of General Counsel leverages the expertise of its diverse team of attorneys to provide high quality legal advice, counsel, and support to the Comptroller and the Agency’s various bureaus. OGC facilitates and advances the Office’s strategic objectives in advising on the various legal and operational opportunities and risks, while ensuring compliance with the Agency’s Charter mandate, as well as local, state, and federal laws.
The Office of General Counsel (OGC) is responsible for all legal matters relating to the activities of the Comptroller’s Office. This includes transactions for the five New York City Retirement Systems (Systems) and their public market and private market investments; accounting practices and disclosures; procurement rules and City contracts; settlement of claims brought on behalf of and against the City; prevailing wages on City projects; records access; public policy; and proposed federal, state, and local legislation. OGC interacts with many city agencies, including the New York City Law Department and works closely with all of the divisions within the Comptroller’s Office, including the Bureau of Asset Management (BAM), which is responsible for oversight of the approximately $210 billion investment portfolios of the Systems. The selected attorney will primarily work with BAM related to investments of the Systems including (i) private market commingled funds and separately managed accounts in private equity, hedge funds, real estate, infrastructure and opportunistic fixed income, and (ii) arrangements with external managers of publicly traded equity and debt. The attorney will also provide legal support to other divisions of the Comptroller’s Office, primarily on contract and procurement matters, including the Agency Chief Contracting Officer (ACCO), and Bureau of Contract Administration (Contracts).
Responsibilities include, but are not limited to, the following:
- Negotiate, draft, and review a variety of documents with respect to private markets transactions, including limited partnership agreements, side letters and subscription documents;
- Negotiate, draft, and review a variety of documents with respect to (i) public markets transactions including investment management agreements, (ii) requests for proposals, and (iii) consultant agreements;
- Work closely with other Comptroller’s Office staff members of OGC, BAM, Contracts and ACCO to identify and resolve legal, contracting, policy and procurement issues, including development and execution of internal policies and procedures;
- Manage, supervise and direct outside counsel, who are retained for substantially all new private markets transactions;
- Review the Systems’ board and internal governance and investment guideline materials as relevant to transactional work;
- Provide legal counsel on a wide range of legal and regulatory matters as they relate to pensions transactions, conflicts of interest and prohibited conduct, and BAM’s day-to-day operations; and,
- Perform related assignments and special projects as may be required.
EXECUTIVE AGENCY COUNSEL - 95005
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.
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.
The City of New York is the most iconic and dynamic city on the planet. With a population of more than 8.4 million people, New York is not only the largest city in the United States — it is the academic, cultural, commercial, and financial capital of the world.
City government is filled with opportunities for talented individuals seeking to improve their communities and make a meaningful difference in the lives of their fellow New Yorkers. Every day, the City’s more than 300,000 employees improve infrastructure, provide vital social services, build technology, protect health and safety, and so much more. Join us today at: http://www1.nyc.gov/jobs
The City of New York offers its employees:
• A chance to build the future of this city. New York City government is at the crossroads of where policy, great ideas, city services, and smart urban planning meet the lives and needs of every day New Yorkers.
• Competitive salary and benefits. Hiring packages include a competitive salary, health benefits, various pension plans, employee assistance programs, and individual retirement accounts.
• Diverse career opportunities. As the largest local government in the United States with more than 40 agencies, the City of New York offers a broad spectrum of opportunities — from education, housing development, and public health to sustainability, economic growth, technology, and emergency management.
• Career Satisfaction. As a City employee, you will have the chance to shape the future of New York City and improve the quality of life for your family, neighbors, and fellow New Yorkers.
• Equal Opportunity and Inclusion. The City of New York is an equal opportunity employer that prohibits discriminatory action against City employees and applicants for employment based on their actual or perceived race, color, national origin, ethnicity alienage, citizenship status, gender, religion, creed and all other protected categories.
