Investment Trade Operations Analyst

$45,760 - $45,760/Yr

Daley And Associates - Boston, MA

Full-time - Entry Level

Boston, MA

11-50 employees

Administrative and Support Services

About the position

We are currently seeking candidates for an Investment Trade Operations Analyst(s) at a global asset management company located in Downtown Boston, MA. The ideal candidate will have intern experience(s) and/or up to 1 year of experience in the financial services and/or asset management industry(s). This role is temporary, estimated to last 6 months, with the opportunity of becoming permanent. The position offers a pay rate of $22.00 per hour within a 40-hour work week. The primary focus of this role is to provide Operations/Back Office support for day-to-day mutual fund investment and trading activities.

Responsibilities

• Research and resolve trade discrepancies by interacting with brokers and custodian banks
• Instruct trades and trade amendments
• Prepare wire transfers to fund investment activity
• Process and reconcile trade activities
• Process cash transactions
• Perform daily/monthly asset and cash reconciliations
• Settle trades and foreign exchanges
• Conduct asset position reconciliation
• Research and report variances and incorrect holdings
• Prepare daily and monthly client reporting
• Analyze monthly portfolio asset reports for client accounts
• Monitor cash flows, daily expenses, collateral holdings, and income receivables for client portfolios
• Use Bloomberg to research portfolio discrepancies

Requirements

• Bachelor's Degree (preferably in Finance)
• Internship(s) or similar work experience
• Team player with a strong focus on getting the job done within established strict timeframes
• Knowledge of MS Office applications and spreadsheet proficiency

Benefits

• Competitive hourly wage of $22.00
• Opportunity for permanent position after 6 months
• Experience in a global asset management company