Investment Operations Analyst

Global Atlantic - Boston, MA

Full-time - Entry Level

Boston, MA

About the position

The Investment Operations Analyst at Global Atlantic Financial Group plays a crucial role in supporting the company's $170 billion asset portfolio. This position involves overseeing various operational processes, collaborating with internal and external stakeholders, and ensuring compliance with regulatory requirements. The analyst will be responsible for cash management, reconciliation, and reporting, while also engaging in initiatives to enhance operational efficiency and asset lifecycle management.

Responsibilities

• Oversee daily cash suspense process; help identify and report open items; assist with clearing large and aged items; assist with Open Payables/Receivables reconciliation.
• Own Investment Operations' relationship with internal/external auditors. Track open items and work across teams to provide support.
• Reconcile balances of cash and bonds posted for collateral for derivatives or borrowings.
• Own registration of Private Placement Numbers with the CUSIP Service.
• Support reconciliation of SMF data between IBOR and ABOR.
• Collaborate with Investment Accounting and other stakeholders to identify and resolve miscellaneous data feed or reporting issues.
• Collaborate with portfolio managers and investment teams to develop strategies that align with NAIC rating requirements and investment objectives.
• Assist in the implementation and monitoring of processes and controls related to NAIC-rated assets.
• Build and maintain relationships with external stakeholders, including rating agencies, brokers, and insurers.
• Stay informed about regulatory developments and industry trends related to NAIC ratings and insurance investment guidelines.
• Prepare/maintain monthly and quarterly reports on NAIC-rated investments, providing insights and recommendations to senior management.
• Responsible for asset set up for new securities and structured transactions - coordinate with Portfolio Management team to understand new structures and build-out infrastructure to support new structures in Global Atlantic's Investment Management Platform (Aladdin and LMS).
• Set up of SPVs to hold assets and facilitate internal securitization of asset cashflows.
• Engage in team initiatives to support complex asset structures and process automation.
• Responsible for ongoing asset lifecycle management (Principal and Interest Remittances, Pay-downs, Pay-offs, coupon updates, factor updates, etc.).
• Review cash and asset movement across Global Atlantic custody and trust banks and accounts related to Investment Activity (trades, transfers, etc.)

Requirements

• BS in Finance, Accounting, Economics, Business, or a related major. MBA or CFA a plus.
• 1-3 years relevant professional experience.
• Experience with ratings/ratings agencies.
• Clearwater, Wall Street Office, IHS Markit, Moody's Analytics, Tableau experience is a plus.
• Exceptional attention to detail, placing a high priority on accuracy.
• Excellent communication and interpersonal skills.
• Advanced organizational skills with the ability to multi-task multiple high priority responsibilities.
• Ambition and desire to succeed by delivering quality and effective results.
• Positive attitude even when faced with difficult obstacles, issues, or challenges.
• Proficiency with Microsoft Office programs. VBA and Visio experience a plus.

Nice-to-haves

• Experience with Clearwater, Wall Street Office, IHS Markit, Moody's Analytics, Tableau.

Benefits

• 401(k) with immediate vesting on employee contributions and company match.
• Annual cash bonuses and long-term incentives (equity).
• Comprehensive health, retirement, life, and disability plans.
• Flexible benefits package tailored to employee needs.
• Wellbeing resources and community outreach programs.