Operations Analyst

  • location: Minneapolis, MN
  • type: Permanent
  • salary: $60,000 - $65,000 per year
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job description

Operations Analyst

job summary:
Operations Analyst

Edina, MN, USA

A global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using our products and services.

This position will be located in Edina, MN

Job Summary:

This position supports the Trade Operations team. This position will be responsible for effectively managing the [PB, OTC, Bank Debt, Futures] settlements process of assigned funds with SS&C.

Position Responsibilities:

  • Managing the treasury management process of assigned accounts
  • Standard settlement instruction (SSI) creation and verification, money transfer setup and release, capital call and redemption processing, and daily account maintenance
  • Prepare and review the daily reconciliation process for transactions, cash and holdings support for the assigned funds
  • Prepare daily reconciliations that are fully supported with source documentation in a standardized format
  • Provide insightful commentary for reconciliations differences in the daily reports
  • Escalation of breaks or unsupported balances
  • Work with client traders, counterparties, custodian/prime brokers and accountants to settle financial transactions
  • Ensure the accuracy and timeliness of daily trade confirmations, settlements and customer reporting
  • Provide back-up coverage for other desks within Trade Operations
  • Manage and monitor the timing and quality of deliverable packages to internal stakeholders
  • Establish plan for new client setup to ensure appropriate access to supporting documentation
  • Coordinate with Fund Accounting group to provide information or obtain internal support
Position Qualifications:

  • 1+ years of financial industry experience
  • 4yr College and/or Master's degree in Accounting or Finance
  • Strong internal control orientation
  • Knowledge of hedge fund industry and related products
  • Strong computer skills including proficiency with spreadsheet
  • Strong organizational and detail oriented skills with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions
  • Strong analytical skills and business acumen
  • Strong verbal and written communication skills
  • Strong dispute resolution and effective problem solving skills
  • Demonstrated customer service and continuous improvement focus
  • Ability to work in changing, fast-paced work environment
 
location: Minneapolis, Minnesota
job type: Permanent
salary: $60,000 - 65,000 per year
work hours: 8-5
education: Bachelor's degree
experience: 2 Years
 
responsibilities:
Position Responsibilities:

  • Managing the treasury management process of assigned accounts
  • Standard settlement instruction (SSI) creation and verification, money transfer setup and release, capital call and redemption processing, and daily account maintenance
  • Prepare and review the daily reconciliation process for transactions, cash and holdings support for the assigned funds
  • Prepare daily reconciliations that are fully supported with source documentation in a standardized format
  • Provide insightful commentary for reconciliations differences in the daily reports
  • Escalation of breaks or unsupported balances
  • Work with client traders, counterparties, custodian/prime brokers and accountants to settle financial transactions
  • Ensure the accuracy and timeliness of daily trade confirmations, settlements and customer reporting
  • Provide back-up coverage for other desks within Trade Operations
  • Manage and monitor the timing and quality of deliverable packages to internal stakeholders
  • Establish plan for new client setup to ensure appropriate access to supporting documentation
  • Coordinate with Fund Accounting group to provide information or obtain internal support
 
qualifications:
Position Qualifications:

  • 1+ years of financial industry experience
  • 4yr College and/or Master's degree in Accounting or Finance
  • Strong internal control orientation
  • Knowledge of hedge fund industry and related products
  • Strong computer skills including proficiency with spreadsheet
  • Strong organizational and detail oriented skills with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions
  • Strong analytical skills and business acumen
  • Strong verbal and written communication skills
  • Strong dispute resolution and effective problem solving skills
  • Demonstrated customer service and continuous improvement focus
  • Ability to work in changing, fast-paced work environment
 
skills: Bank Debt, Capital, Net Investment Hedging
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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