Hybrid Market Operations Analyst

at Insight Investment

• Job title: Market Operations Analyst
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $85,000 - $95,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, New York City, United States

About the role

• Market Operations Analyst ensuring accurate service from outsourced back-office providers. Collaborating with multiple stakeholders to resolve issues and enhance process controls.

Responsibilities

• Oversight of our two outsourced back-office providers to ensure timely and accurate service that adheres to or exceeds our agreed service level provisions.
• Daily review of front office system reconciliations and work with our two outsourced back offices and trading desk to rectify outstanding issues.
• Rectify outstanding asset setup issues and corporate actions.
• Follow up on trade breaks, overdrafts, and other cash related issues.
• Review, identify and enhance process controls.
• Work with IT regarding trade data quality, efficiency of processes, electronic trading system connectivity.
• Post and approve client cash activity.
• Daily and Monthly price valuation.
• Monitor account on boarding and transition activities and resolve any related issues.
• Participate in weekly service meetings to discuss business activity, open issues and outline steps to resolve any outstanding items.
• Review and approve leveraged loan trade details and work with loans team in rectifying any trade related details.
• Work with London Market Operations Team in aligning procedures and oversight methodology.
• Work independently on ad hoc and project request.

Requirements

• The qualified candidate will possess a BA/BS in finance or business administration.
• Early professional experience in a Fixed Income support role and familiarity with global securities, derivatives, and options markets.
• Strong Communication skills - both written and verbal.
• Proactive and sees tasks to completion – much of the work is collaborative and requires proactivity, ownership of tasks and satisfactory completion of tasks with minimal oversight.
• Organized and strong attention to detail – much of the work requires multiple interactions and the need to communicate and deliver on several detailed tasks and/or projects.
• Proven ability to share tasks and work well with a partner in covering group accountabilities.
• Comfortable with a fast-paced environment, with a need to close out issues urgently, intra-day, to minimize risks and liabilities to Insight and our clients.