Senior Asset Management Analyst-Operations

Dominion Energy - Richmond, VA

Full-time - Mid Level

Richmond, VA

5,001-10,000 employees

Utilities

About the position

The Asset Management Senior Analyst role at Dominion Energy is a pivotal position within the Asset Management Group, which oversees a substantial portfolio exceeding $20 billion. This role is integral to the operations and investment functions of the group, which includes managing Defined Benefit and Defined Contribution plans, Nuclear Decommissioning Trusts, and other associated funds. The analyst will be responsible for maintaining an operations function that supports the execution of multi-asset investment portfolios. This includes critical tasks such as cash management, trade execution, portfolio reconciliations, performance reporting, and compliance with audit and tax requirements. In this role, the Senior Analyst will maintain relationships with various stakeholders, including custodian banks, investment managers, fund administrators, and auditors. They will provide essential information for investment decisions and regulatory reporting, ensuring that the Asset Management Committee and SEC receive accurate and timely data. The analyst will also perform complex reconciliations for the group's trusts and portfolios, making independent decisions to enhance operational efficiencies. The position requires a proactive approach to problem-solving, as the analyst will serve as the main point of contact for internal and external auditors, addressing inquiries with minimal supervision. Additionally, the role involves reporting and analyzing portfolio performance, completing fund subscription documents, and supporting quarterly reporting for the Asset Management Committee. The Senior Analyst will also mentor less experienced analysts, providing training and guidance as needed, and will lead complex ad hoc projects that arise within the group.

Responsibilities

• Assists in maintaining an operations function to support the execution of multi-asset investment portfolios, including cash management, wire set-up, trade execution, portfolio reconciliations, performance reporting, audit and taxes.
• Maintains relationships and works with various parties including custodian banks, investment managers, fund administrators, internal and external auditors, tax advisor, and various groups within Dominion to provide information related to making investments, presentations to the Asset Management Committee, SEC, and other regulatory reporting.
• Performs activity and market value reconciliations for the group's more complex trusts/portfolios.
• Makes independent decisions; assesses current internal processes and standards and makes recommendations for process improvements to gain operational efficiencies.
• Serves as the main point of contact for internal and external auditors; handles inquiries as they arise with minimum supervision.
• Responsible for reporting and analyzing portfolio performance, exposures, and benchmarks.
• Completes fund subscription documents and provides KYC and AML documentation as required by external funds.
• Supports compilation of quarterly reporting for the group's Asset Management Committee.
• Provides training, assistance, advice and solutions to less experienced analysts and peers.
• Leads and completes complex ad hoc projects as needed.

Requirements

• 5-7+ years of related experience in investment operations, accounting, auditing or custody, and an understanding of multi-asset class investment portfolios and the underlying strategies.
• Exposure to traditional and alternative investment strategies.
• Unquestionable integrity and high ethical standards.
• Ability to conceptualize and drive initiatives that are critical to the group's success.
• Excellent interpersonal, communication, and analytical skills.
• Ability to be resourceful and work independently.
• Excellent organizational skills, exceptionally detail-oriented with the ability to effectively handle concurrent projects, meet deadlines and consistently produce high quality work.
• Extensive knowledge of Microsoft Excel and PowerPoint and an aptitude for continuous learning.
• Demonstrated intellectual curiosity, emotional intelligence, and ability to reach a higher level of proficiency and work complexity.
• Deep commitment to a culture of excellence.

Nice-to-haves

• Experience with Caissa is a plus.
• Master's degree may count as one year of experience.

Benefits

• Health benefits with coverage for families and domestic partners.
• Vacation and paid holidays.
• Retirement plans.
• Tuition reimbursement.
• Corporate relocation benefits based on program eligibility requirements.