Analyst, Business Operations

Analyst, Business Operations - VKANH3

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Analyst, Business Operations - HIMCO

Data Integrity Group

Job Description

This role will have a Hybrid work arrangement, with the expectation of working in an office (Hartford, CT) 3 days a week (Tuesday through Thursday).

This position is for a highly motivated individual to provide oversight of critical data points used across the investment platform, including security reference, derived, fundamental, analytical and market data in the Data Integrity Group in Business Operations.

• Providing front-line quality assurance and controls for data used in the investment management process as well as for executive, portfolio management, mutual fund and client reporting.
• Modeling security masters on new or existing investments in a timely and accurate manner. Covers the entire spectrum of Fixed Income securities including Investment Grade and High Yield bonds, Mortgage-Backed securities, CMBS, ABS, Municipals, Emerging Markets, Private Placements, Whole Loans, Bank Loans, Equities (both Public and Private), Derivatives and various unique investments.
• Work with sectors around security level risk and sector bucketing breakouts.
• Reviewing daily data integrity reports and reconciliations; performing periodic asset scrubs to maintain the accuracy and integrity of security master data.
• Responsible for processing and settlement of daily variation margin for futures and cleared derivative securities. Posting of securities and cash collateral to ensure initial margin requirements are met.
• Partnering with other areas of HIMCO on projects and new product initiatives.
• Independently research and resolve data issues across applications and databases. Understand impact to all departments of minor/major data and schema changes.
• Process reengineering and/or building new controls or processes resulting from postmortems and proactive ideas.
• Monitor daily margin requirements for uncleared OTC derivative and repo positions. Make and respond to daily margin calls based on exposure vs pledged/held collateral. Ensure pledged and received collateral (cash and/or securities) are in adherence with our legal agreements (ISDA, MSFTA, PAA).

• BS/BA in Finance or Economics, Computer Systems or Mathematics; MBA or CFA a plus.
• 3+ years of experience in Investment Management Operations or Middle Office role.
• Broad understanding of securities processing and settlement practices across Fixed Income, Equity, Derivatives, and Alternative Asset classes.
• Several years direct support of either Derivatives or Alternative Asset Operations is required.
• Experienced with Bloomberg for Public Asset research and with Excel for reporting and analytics.
• An understanding around daily variation margin for futures and cleared is a plus.
• Highly proficient in Excel. Experience with relational databases, querying languages, VBA and report automation is a plus.
• Familiarity with Investment, Accounting, and Performance Measurement systems required; experience with Aladdin, Maximis or Singularity a plus.
• High degree of initiative and intellectual curiosity, especially in Investments.
• Exceptional analytical skills, detail oriented, and strong oral and written communications skills.
• Must be a collaborator, problem solver, critical thinker, possess integrity and a strong work ethic.
• Ability to work independently on concurrent tasks and adhere to deadlines with evolving priorities.
• Able to meet high expectations for precision and accuracy.
• Willingness to develop leadership skills and take ownership of complex workflows and projects.