Analyst - Marketable Securities Operations

Job ID: S#5565 - Analyst - Marketable Securities Operations

PLEASE NOTE: This is a 12 month renewable contract and needs to meet Client full-time conversion policies. Those dependent on a work permit sponsor now or anytime in the future (ie H1B, OPT, CPT, etc) do not meet Client requirements for this opening.

1. What s the major objective(s) of the role?

• Accurately process and report on trade, cash, and corporate action lifecycle activities in a timely manner
• Troubleshoot basic trade, cash, and corporate action issues and identify discrepancies in the data
• Communicate issues to immediate team members
• Meet individual performance targets and contribute to team performance metrics
• Understand and apply fundamental investment operations concepts
• Recognize the importance of accurate trade processing and its impact on business goals
• Complete assigned tasks efficiently and manage multiple priorities effectively

2. What are the MUST-HAVE technologies for this position?

1. Proficiency in Microsoft Office suite, particularly Excel

2. Knowledge of financial markets and investment products

3. Strong analytical and problem-solving skills

4. Excellent attention to detail when reconciling and identifying variances

5. Ability to work effectively in a fast-paced, team-oriented environment

3. What are the MUST-HAVE Critical Skills for this position?

1. Understand trade, cash, and corporate action lifecycle basics

2. Explain complex trade issues in a comprehensible manner

3. Identify discrepancies in trade, cash, and corporate action data

4. Demonstrate curiosity and make time to learn, unlearn, and relearn

5. Ask questions to understand client needs, concerns, and problems

4. What are the NICE TO HAVE technologies?

1. Prior experience with Blackrock or Aladdin applications

2. Bloomberg, IDC/ICE, Reuters research experience

The position is an individual contributor role within the Middle Office team servicing institutional insurance clients as well as private wealth accounts.

The position will interface with the Insurance Asset Management Front Office, various business units, internal and external auditors, as well as external managers, custodians, and brokers.

This is a highly critical role which requires the ability to operate within a deadline driven environment and deliver exceptional client service.

Strong interpersonal skills are required as there is frequent contact and interaction with clients and all levels within the organization including Senior Management, Portfolio Managers and Strategists, IT and Systems Development.

This position also shares responsibility for the integrity and timeliness of financial data and for ensuring the safeguarding of assets through proper control applications.

Main Accountabilities:

Full accountability for all operational processes including but not limited to cash forecasting, trade processing & settlement, cash and share reconciliation, corporate actions, class actions, factor updates, and various operational inquires.

Support various internal and external reporting requirements for cash and shares.

Partner with custodian banks, front office, brokers, and external managers to resolve trade and/or cash issues.

Provide trade and security information for external client reporting.

Ensure appropriate documentation is maintained as support for all exceptions.

Assist with eliminating and/or streamlining manual processes.

Actively participate in maintaining effective internal controls in the area.

Develop a comprehensive knowledge of the various Investment systems.

Facilitate and coordinate the opening and closing of accounts by partnering with project team.

Maintain banking relationships with numerous custodians.

Update and maintain client information including W-9?s.

Update and maintain departmental procedure documentation.

Qualifications:

Undergraduate education in Business

3-5 years experience in an Operations, Custodian, Insurance, Investment Firm, or Corporate Banking environment performing processing, settlements, pricing, and or reconciliation tasks

Working knowledge of fixed income investment products is preferred

Proficient with Blackrock (Aladdin), Bloomberg, CTM, DTCC

Excellent verbal and written communication skills are required

Organized, detail oriented & skilled at multi-tasking within tight deadlines required

Ability to work US and CAD holidays (rotating schedule)

o *we service both our US and Canadian based teams. So for example, on a US holiday such as July 4th, our Canadian teams/portfolios are still business as usual, so we need to have staff working those days to assist. We usually rotate staff through those holiday scenarios so no one is stuck working every US holiday.

Strong analytical and problem solving skills

Ability to work independently and seek guidance as necessary

Ownership and responsibility for meeting conflicting deadlines and accomplishing goals Assets

Operations processing and settlement expertise

Excel experience with pivot tables and VLOOKUP a plus