The Hartford - Hartford, CT
posted 2 months ago
The Investment Operations Analyst position at HIMCO is a critical role within the Business Operations team, specifically assigned to the Trade Operations team. This position is responsible for overseeing the operational support of HIMCO's Investment Operating Platform, which includes the Investment Book of Record (IBOR) and Accounting Book of Record (ABOR). The analyst will engage in various tasks related to trade operations, including the independent verification of executed trades, ensuring accuracy in trade confirmations, and resolving trade settlement failures. The role requires a high level of attention to detail and the ability to work collaboratively with traders, brokers, and custodians to ensure timely resolution of issues. In this position, the analyst will be responsible for confirming key economic terms of fixed income and equity trades, utilizing electronic platforms such as DTCC products CTM, ALERT, and Trade Suite. The analyst will also manage the reconciliation of financial reporting and investment management needs, ensuring that all transactional data is entered accurately and in a timely manner. Additionally, the role involves preparing and instructing high-value cash and asset transfers while maintaining strict confidentiality of client data. The analyst will also be tasked with reconciling derivative positions and confirming the settlement of OTC derivative products, including currency rate swaps and equity options. This position requires the development and maintenance of detailed procedures to support internal controls and fulfill regulatory requirements. The analyst will provide support to various internal clients, including Portfolio Managers and Financial Reporting teams, and will strive for continuous process improvement by collaborating with custodial banks and software vendors. Overall, this role offers a unique opportunity to gain exposure to various sectors within investment management, including trading, compliance, and accounting, while contributing to the growth and success of HIMCO's investment operations.