Investment Operations Analyst

Job Description:

As a Reconciliation Specialist, you will provide operational support and services representing Global Operations, contributing to the accurate management of reconciliation processes for equity, fixed income, and FX transactions and more. The operations team supports a range of financial operations, including account management, reconciliation, cash and position tracking, corporate actions, and reporting across equity, fixed income, and derivatives products globally.

This position will focus on ensuring the accuracy and integrity of financial data through reconciliation processes, troubleshooting discrepancies, and collaborating with internal stakeholders and external vendors. You will work closely with portfolio managers, analysts, and other operations teams to support the operational needs of our equity and fixed income strategies, ensuring precise and timely reporting.

Years of Experience

At least 3-5 years of previous experience in financial services, ideally in an operations or reconciliation capacity within an asset management firm or financial institution.

Qualifications

• Ability to thrive in dynamic and fast-paced environments, handling ambiguity and change effectively.
• Highly organized, detail-oriented, and comfortable working with large datasets, ensuring precise data accuracy.
• Strong understanding of the securities and fund industry, particularly in equity, fixed income, and FX products.
• Familiarity with custodian, broker, and third-party vendor operations.
• Proficiency with Excel, with the ability to analyze and report on complex data. Experience with database applications or programming languages like SQL, VBA, or Python is a plus but not required.
• Ability to adapt quickly to changing circumstances and embrace new opportunities.
• Strong intellectual curiosity and the ability to conduct deep dives into new subject areas.

Responsibilities

• Oversee the reconciliation of equity, fixed income, and FX transactions, ensuring accuracy across Systems/Stakeholders such as Bloomberg AIM, State Street, and other custodians.
• Ensure proper account closure and handle final reconciliation requests from fund administrators.
• Perform detailed position reconciliations, including cash reconciliation, dividend tax postings, and margin movements.
• Review and investigate discrepancies in daily, monthly, and quarterly reports, addressing issues promptly.
• Generate and review pivot tables and NAV comparison reports, ensuring consistency and accuracy in financial data.
• Collaborate with portfolio managers, analysts, and traders to validate trade details and ensure alignment with brokers, custodians, and vendors.
• Manage and monitor corporate action processing, including dividends, tax adjustments, and compliance with internal procedures.
• Ensure adherence to regulatory requirements, operational risk management practices, and business initiatives while improving existing operational processes.
• Identify, escalate, mitigate, and resolve operational issues, demonstrating a proactive approach to problem-solving.
• Continuously improve operational efficiency by refining procedures and workflows.
• Foster collaboration across teams to ensure smooth operations, data accuracy, and timely issue resolution.

Candidate Requirements

• Strong proficiency in Microsoft Excel, with a solid understanding of financial operations and data analysis.
• Familiarity with Bloomberg AIM, Geneva and other financial systems.
• Experience with trade reconciliation, cash, and position tracking, and corporate action processing.
• Ability to manage multiple priorities in a high-pressure environment and meet tight deadlines.
• Excellent written and verbal communication skills, with the ability to work collaboratively with teams at all levels.

Core Values

• Strong interpersonal and collaboration skills with a focus on effective communication.
• Highly organized, detail-oriented, and able to manage shifting priorities effectively.
• Proactive problem-solver with strong decision-making abilities and a sense of urgency.
• Collaborative team-player with the ability to work independently and take initiative.
• Results-driven with a commitment to exceeding client expectations and embracing new challenges.
• A forward-thinking approach with a focus on continuous learning and solution-oriented thinking.
• Strong integrity, with the ability to handle sensitive and confidential information with discretion.

At Russell Investments we value diversity and inclusion, and we are committed to providing an inclusive work environment where all employees can thrive. We are looking for a highly resourceful individual who is dedicated to operational excellence and client success.