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Senior Investment Operations Analyst
OppenheimerFunds
Centennial, CO, United States
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Company Description
OppenheimerFunds values the talented and diverse workforce we've cultivated over the years. Our nearly 60-year history includes a strong tradition of providing innovative investment ideas and a world-class experience for the individuals, institutions and financial advisors we serve. Our strong foundation is built on collaboration, creativity, and the extraordinary people who play an integral role in our success every day.
Job Description
The Senior Investment Operations Analystreports to the Manager of Investment Operations. Our Investment Operations team is part of the broader Global Operations department. Investment Operations interfaces with front, middle, and back office to provide seamless and transparent support to the Investment and Trading teams.
As the Senior Analyst, you are primarily responsible for oversight of Investment portfolio accounting functions including security valuations, settlements, proactive cash management, cash/position reconciliations, and OFI’s middle office provider.
You will support a variety of day-to-day responsibilities of portfolio accounting oversight that includes forensic research and analysis of custodian and accounting data. You will also proactively engage with stakeholders and vendors to resolve a variety of exception issues that may arise.
To be successful in this role, you possess a proficiency in performing detailed analysis of investment accounting, market, and vendor data, and providing solutions to our internal and external clients. You have a strong understanding of investment accounting and lifecycle transactions of equity, fixed income, and derivative products.
You are a collaborative team player who uses their technical and people skills to help build a high powered, proactive, and engaging Portfolio Accounting function to support our clients and effectively manage external service providers.
Principal Responsibilities:
• Provide accounting advice, recommendations, and proactive support to various front office clienteles. (e.g. portfolio management, trading, risk, performance reporting, distribution client service, etc.)
• Access start-of-day information from accounting agents in order to research and provide information and reporting on demand.
• Provide consultation, explanation, and in some cases validation, of portfolio activity including trades, income, pay downs, corporate actions, capital, cash flows, etc.
• Work with peers in Oppenheimer’s Fund Treasury team to ensure proactive analysis in areas of security valuation, trade processing, cash forecasting, derivatives, corporate action postings, etc.
• Day-to-day relationship management with our middle office provider with regard to their performance and execution of portfolio accounting and information delivery responsibilities to OppenheimerFunds.
• Perform proactive oversight of key reconciliation processes that are performed by external service providers and/or internally developed reconciliations or data validations and initiate inquiries as necessary to explain and resolve reconciliation anomalies. (e.g. overdraft and long balances ($USD, non-$USD), position breaks, valuations, corporate actions, etc.)
• Promptly escalate any urgent valuation issues with third party pricing vendors, accounting agents and/or OFI Portfolio Management to ensure that portfolio valuations are appropriately calculated each day.
• Coordinate and respond to any valuation related questions or reporting requests from third party sub-advisors.
• Create or review monthly client reporting, and provide other operational and reporting support to internal and external groups as needed.
Qualifications
• Bachelor’s degree required.
• At least four years of experience with portfolio/fund accounting, middle-office, or security operations.
• Solid understanding of securities industry regulations and financial markets
• Keen knowledge of U.S. and non-U.S. securities, financial instruments and strategies across a wide array of asset classes including: equities, high yield, high grade, global bonds, swaps, and FX spots, forwards, and other derivatives.
• Understand investment strategies with respect to multi asset class portfolio accounting and reporting.
• Experience with oversight and management of external providers of services to asset managers.
• Strong relationship skills and an ability to calibrate discussions to a variety of audiences.
• Exceptional analytical skills, demonstrated through specific on-the-job experience.
• Strong conceptual, strategic planning and communication skills.
• Ability and willingness to identify anomalies and challenge co-workers and business partners on a variety of accounting, operational and compliance matters.
• Looking for an individual that can multitask and work in a team environment, and also willing to learn and take on other responsibilities within the group.
• Proven ability to adhere to deadlines, while possessing the flexibility and maturity to address all elements of one’s responsibilities, despite continually shifting priorities.
Preferred
• 4+ years of experience with portfolio/fund accounting, middle-office, or security operations.
• Solid understanding of securities industry regulations and financial markets
• Keen knowledge of U.S. and non-U.S. securities, financial instruments and strategies across a wide array of asset classes including: equities, high yield, high grade, global bonds, swaps, and FX spots, forwards, and other derivatives.
• Understand investment strategies with respect to multi asset class portfolio accounting and reporting.
• Experience with oversight and management of external providers of services to asset managers.
• Strong relationship skills and an ability to calibrate discussions to a variety of audiences.
• Exceptional analytical skills, demonstrated through specific on-the-job experience.
• Strong conceptual, strategic planning and communication skills.
• Ability and willingness to identify anomalies and challenge co-workers and business partners on a variety of accounting, operational and compliance matters.
• Looking for an individual that can effectively work on multiple projects at any given time, changing focus as needed, and working in a team environment, willing to learn and take on other responsibilities within the group.
• Proven ability to adhere to deadlines, while possessing the flexibility and maturity to address all elements of one’s responsibilities, despite continually shifting priorities.
Preferred
• Knowledge of Cognos, Excel, Bloomberg, and Charles River is highly preferred.
• Bachelor's degree
Additional Information
We are a dynamic firm that values teamwork and collaboration, and true to our history, we encourage independent thinking and provide ample opportunities for our people to stand out and make a difference. With offices in New York, Denver, Rochester and Dallas, we work hard to turn our unconventional wisdom into value for investors and pursue excellent results for ourselves and our firm. Learn more about the culture and opportunities at OppenheimerFunds here: https://careers.oppenheimerfunds.com
OppenheimerFunds and its subsidiaries and affiliates provide equal employment opportunity to all qualified individuals without regard to age, color, disability, gender, marital status, national origin, race, religion, sexual orientation, gender identity and expression, physical or mental disability, genetic predisposition or carrier status, veteran status, or any other characteristic protected by law in all employment functions including recruitment, evaluation, selection, promotion, compensation, benefits, training, and termination of employment. #OPPTEC1