Job Description
Investment Operations Specialist
Job Details:
Location: Wellesley, MA(On-site)
Employment Type: Long term Contract assignment (12 months)
Work Schedule: Standard working hours, Eastern Time Zone
Pay Rate Range : $33.65-$37.25/hr
We are seeking a highly critical, detail-oriented Specialist to join our client's team servicing institutional insurance clients and private wealth accounts. This individual contributor role requires strong analytical skills and the ability to operate effectively within a deadline-driven environment.
Key Responsibilities
- 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 data discrepancies.
- Ensure the integrity and timeliness of financial data and safeguard assets through proper control applications.
- Partner with custodian banks, front office, brokers, and external managers to resolve trade and/or cash issues.
- Maintain full accountability for all operational processes, including cash forecasting, trade processing & settlement, reconciliations, and corporate actions.
- Provide trade and security information for external client reporting.
- Meet individual performance targets and contribute to team performance metrics.
- Communicate issues to immediate team members and explain complex trade issues clearly.
Qualifications and Experience
Must-Haves:
- Undergraduate education in Business.
- 3-5 years of experience in an Operations, Custodian, Insurance, Investment Firm, or Corporate Banking environment performing processing, settlements, pricing, and/or reconciliation tasks.
- Proficiency in Microsoft Office suite, particularly Excel .
- Knowledge of financial markets and investment products.
- Strong analytical and problem-solving skills.
- Excellent attention to detail when reconciling and identifying variances.
- Ability to work effectively in a fast-paced, team-oriented environment.
- A solid understanding of trade, cash, and corporate action lifecycle basics.
- Excellent verbal and written communication skills.
- Ability to work US and CAD holidays (rotating schedule).
Nice-to-Haves/Assets:
- Prior experience with Blackrock or Aladdin applications.
- Bloomberg, IDC/ICE, or Reuters research experience.
- Working knowledge of fixed income investment products is preferred.
- Excel experience with pivot tables and VLOOKUP.
Job Tags
Long term contract, Work at office, Immediate start,