The Investment Analyst I is responsible for entering transactions and reconciling activity to facilitate the needs of the Investment Operations Department. The Investment Analyst I will also operate in a support role to assist with the various middle- and back-office investment transaction functions such as trade settlement, cash management and issue resolution. In addition, the Investment Analyst I is expected to assist with the development and completion of a variety of ad-hoc projects as needed.
Duties and Responsibilities:
Enter cash wires for investment-related and cash management transactions as instructed. Ensure appropriate documentation exists and is archived for control purposes.
Perform daily cash reconciliations and wire identification for 200+ internal and external portfolios. Research, resolve and document items in a clear manner.
Respond promptly to cash movement requests and work with various stakeholders to ensure timely, accurate and documented resolution.
Pay various investment-related invoices through the Accounts Payable system and ensure proper signoff is received and documented.
Complete and provide to custodian and third-party accounting provider various account set up forms. Maintain documentation and approvals for new accounts.
Interact daily with outsourced trade settlements team to resolve and document trade discrepancies.
Perform daily reconciliation of trades between the trading and accounting systems.
Assist with the onboarding and maintenance of the outsourced accounting system, trade order management system and treasury workstation.
Act as an escalation contact between outsourced trade settlements team, custodian banks and portfolio managers for unreconciled differences.
Actively solicit feedback from colleagues in order to better streamline current processes.
Complete month-end reconciliations in a timely manner, ensuring accuracy of all details reported.
Additional duties as assigned.
Education, Qualifications and Experience:
Bachelors degree in Accounting, Finance, or Business-related field.
2 - 3 years work experience in fixed income or derivative operations, specifically middle- or back-office related functions such as cash management and trade settlement.
Experience using middle- and back-office systems such as Hazeltree, BlackRock Aladdin, Wall Street Office, Oracle and Bloomberg AIM a plus.
Experience working with various systems, specifically with the major custodial bank systems (BNY Mellon, State Street, JPMorgan, Citibank).
Knowledge of collateral management best practice procedures.
Experience working with and knowledge of fixed income instruments, mortgage loans, private loans, and derivatives.
Experience with trade settlement across all fixed-income and equity security types (corporate bonds, mortgage-backed securities, physical settlements, mutual funds, etc.).
Knowledge of foreign exchange transactions and execution and settlement of such transactions (spot, forward, non-USD denominated securities).
Demonstrated ability to communicate complex information in a concise and understandable manner.
Ability to work under pressure and to provide detailed results in such situations.
Ability to be thorough, following assignments through to completion.
Ability to act independently with confidence in drawing conclusions and making time-sensitive and difficult decisions where applicable.
Mastery in Microsoft Office, particularly Microsoft Excel and PowerPoint. It is expected that the candidate demonstrates competency with various Excel formulas including V- and H-lookups, index/match, pivot tables, database functions, what-if toolset, and arrays.