Senior Analyst Settlements

Overview

Ensure proper settlement of domestic and foreign securities and derivative trades executed in EAICA's general account, managed separate accounts, and the Empower Capital Funds, and support the settlements team with coverage and process improvements.

What you'll do

• Ensure internally executed trades flow properly from the Trading System to the Accounting system.
• Confirm trades with counterparties.
• Notify custodian banks of pending trade settlement and ensure that trades settle properly.
• Process and track complex transactions such as TBA's and dollar rolls.
• Maintain, troubleshoot and support the trading system (Bloomberg AIM/CTM) as the department's subject matter expert.
• Enter daily trade activity, including subadvised trades, into the accounting system, including domestic and foreign securities trades and exchange traded and OTC derivatives.
• Perform team support role, including process improvement, testing system upgrades and enhancements, developing trade messages for the accounting system, and working with outside vendors for sub advised trade loads.
• Review trades and security setups from the team to ensure accurate processing.
• Process swap payments, communicating and confirming payment details with counterparties prior to settlement.
• Fund new private placements, communicating with EAICA's traders and legal group.
• Coordinate and process forward foreign currency contract settlements with multiple counterparties.
• Support the Manager, Settlements with resolving complex trade settlement issues, assisting in training new personnel and taking on additional duties as assigned.

What you'll need

• Bachelor's degree in Accounting or Finance.
• More than four (4) years of directly related experience in the investment administration area of a financial industry firm.
• Without a degree, an additional two (2) to four (4) years of directly related experience is required.

Nice to have

• Accounting degree preferred.
• Intermediate or Advanced Excel skills.
• Detail oriented and self starter.
• Autonomy: receives general assignments with few instructions and operates with limited independence.
• Financial Responsibility.

Details

• Working hours: 1:30 PM to 10:30 PM or 6:30 PM to 3:30 AM, flexible per the team's alignment or requirement.
• Normal office working conditions in a professional office environment.