Analyst – Business Operations
| Company | Hartford Financial Services |
|---|---|
| Location | Hartford, CT, USA |
| Salary | $84800 – $127200 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid Level, Senior |
Requirements
- BS/BA in Finance or Economics, Computer Systems or Mathematics; MBA or CFA a plus.
- 3+ years of experience in Investment Management Operations or Middle Office role.
- Broad understanding of securities processing and settlement practices across Fixed Income, Equity, Derivatives, and Alternative Asset classes.
- Several years direct support of either Derivatives or Alternative Asset Operations is required.
- Experienced with Bloomberg for Public Asset research and with Excel for reporting and analytics.
- An understanding around daily variation margin for futures and cleared is a plus.
- Highly proficient in Excel. Experience with relational databases, querying languages, VBA and report automation is a plus.
- Familiarity with Investment, Accounting, and Performance Measurement systems required; experience with Aladdin, Maximis or Singularity a plus.
- High degree of initiative and intellectual curiosity, especially in Investments.
- Exceptional analytical skills, detail oriented, and strong oral and written communications skills.
- Must be a collaborator, problem solver, critical thinker, possess integrity and a strong work ethic.
- Ability to work independently on concurrent tasks and adhere to deadlines with evolving priorities.
- Able to meet high expectations for precision and accuracy.
- Willingness to develop leadership skills and take ownership of complex workflows and projects.
Responsibilities
- Providing front-line quality assurance and controls for data used in the investment management process as well as for executive, portfolio management, mutual fund and client reporting.
- Modeling security masters on new or existing investments in a timely and accurate manner. Covers the entire spectrum of Fixed Income securities including Investment Grade and High Yield bonds, Mortgage-Backed securities, CMBS, ABS, Municipals, Emerging Markets, Private Placements, Whole Loans, Bank Loans, Equities (both Public and Private), Derivatives and various unique investments.
- Work with sectors around security level risk and sector bucketing breakouts.
- Reviewing daily data integrity reports and reconciliations; performing periodic asset scrubs to maintain the accuracy and integrity of security master data.
- Responsible for processing and settlement of daily variation margin for futures and cleared derivative securities. Posting of securities and cash collateral to ensure initial margin requirements are met.
- Partnering with other areas of HIMCO on projects and new product initiatives.
- Independently research and resolve data issues across applications and databases. Understand impact to all departments of minor/major data and schema changes.
- Process reengineering and/or building new controls or processes resulting from postmortems and proactive ideas.
- Monitor daily margin requirements for uncleared OTC derivative and repo positions. Make and respond to daily margin calls based on exposure vs pledged/held collateral. Ensure pledged and received collateral (cash and/or securities) are in adherence with our legal agreements (ISDA, MSFTA, PAA).
Preferred Qualifications
- MBA or CFA a plus.
- An understanding around daily variation margin for futures and cleared is a plus.
- Experience with relational databases, querying languages, VBA and report automation is a plus.
- Experience with Aladdin, Maximis or Singularity a plus.