Investment Operations - Asset Management

Nassau Financial Group

Jun 20

Applications are closed

Job
Full-time
Mid Level
Banking & Finance
$55K - $75K
Hartford

Requirements

Bachelor’s degree preferred
3+ years of relevant investment settlement/operations experience including exposure to basic investment accounting and experience with bank loans
Knowledge of financial markets and instruments, as well as an understanding of investment terminology and settlement practices
Knowledge of the regulatory requirements and financial risks associated with domestic and foreign investing
Good verbal, written communication and comprehension skills in order to interact with internal and external professionals
Skill in handling multiple priorities simultaneously
Demonstrate tact, diplomacy, and customer focus
Ability to work independently and/or in a team environment
Detail-oriented and possess strong decision-making skills
Strong PC skills and use of various applications/software
Special Working Conditions:
Frequent interruptions require a higher level of concentration and organizational skills
Workload is unpredictable from day to day and requires flexibility to meet fluctuating priorities
Daily deadlines are inflexible as they are dictated by industry standards/constraints
Additional hours are expected when trading activity or time-sensitive issues dictate
Work is often non-routine in nature; general guidelines are maintained, but analysis and judgment are required to solve many problems

Responsibilities

Perform a wide variety of routine and non-routine duties requiring knowledge of detailed and complex settlement activities
Analyze and affirm trade details and follow up on issues
Act as liaison between portfolio managers, credit analysts, traders, legal counsel, accountants, brokers, and custodian and agent banks
Re-register physical certificates into fund name at custodian banks
Resolve issues related to trade activity, wire transfers, income collection, cash balances, corporate actions, and movement of securities for custodian banks
Resolve discrepancies and recommend appropriate action to counterparties
Provide training and instruction of job procedures to associates
Assist in the provision of information required in external or internal audits
Perform other duties as assigned

FAQs

What are the main responsibilities of someone in the Investment Operations - Asset Management position?

The main responsibilities include settling investment transactions, minimizing trade failures, ensuring efficient information flow, and acting as a liaison between various groups involved in the investment process.

What types of investment transactions will you be working with in this role?

You will be working with public and private bonds, bank loans, mortgage loans, and limited partnerships for settling purchases, sales, transfers, and corporate actions.

Who will you be interacting with on a regular basis in this role?

You will be interacting with portfolio managers, traders, brokers, accountants, and custodian banks in order to monitor and complete sales and purchases.

What is the goal when settling trades in this position?

The goal is to minimize trade failures and ensure efficient information flow to all relevant constituent groups involved in the investment process.

Nassau Financial Group

Working harder to be your carrier of choice. Headquartered in Hartford's Boat Building.

Finance

Industry

201-500

Employees

2015

Founded Year

Mission & Purpose

Nassau is always working harder to be your carrier of choice. We offer insurance products that can help you meet your retirement goals, such as protecting your savings, delivering guaranteed income, or paying for health care costs. We’re dedicated to providing best-in-class service and keeping things simple, and will have your back. Nassau Financial Group is headquartered in Hartford, Connecticut with $23.3 billion in assets under management and 386,000 policyholders and contract holders.* We have been doing this a long time – 170 years – but we remain humble enough to always try to improve.