Co-Op / Investment Operations Specialist

• JOB OPENING #: 9762

POSITION TITLE: Co-Op / Investment Operations Specialist

DEPARTMENT: GIO/MDT SMA Operations

• The purpose of this Co-Op position is to support the trading and portfolio management functions of Federated Hermes MDT Boston, MA. The Co-Op will have knowledge of all basic functions performed in Investment Operations including all aspects of new account initialization, trade support, and proxy voting. The Co-Op will effectively interact with clients, brokers, and Federated Hermes staff in Pittsburgh and Boston on basic issues.

POSITION SPECIFICATIONS:

• General understanding of investments and financial markets preferred
• Strong computer skills including experience with Microsoft Word and Excel required

MAJOR DUTIES:

• Support the trading and portfolio management functions of the Boston office
• Review new account documents for completeness and accuracy
• Set up new accounts on the APL, Axys, Vestmark as well as on DocStar
• Coordinate "first day of trading" for new accounts through communication with the client, the Boston trading desk and other Investment Operations Specialists
• Perform pre-market-open reconciliation procedures to ensure that client account data in the portfolio accounting systems is accurate
• Process deposit and withdrawal requests from brokers and clients, including coordination of trading with the Boston Trading desk
• Provide a high level of quality service to both internal and external clients
• Answer questions from clients, brokers, consultants, and sales staff regarding new account processing matters
• Prepare internal reports for Federated Hermes management regarding new account activity and the status of in process new accounts

HOURS/LOCATION:

• 7:30 a.m. - 4:00 p.m.
• Hybrid work environment
• Federated Hermes MDTA LLC - Boston, MA 02110

EXPLANATORY COMMENTS:

• Excellent analytical and problem-solving skills, attention to detail, accuracy, and timeliness
• Excellent interpersonal and communication skills with ability to work in a team environment
• Preference is for students in their Junior or Senior year
• COMMENCEMENT DATE: 08/26/2026

We are interested in qualified candidates who are eligible to work in the United States. However, we are not able to sponsor visas.

Federated Hermes is committed to providing equal employment opportunities in all aspects of employment to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex, pregnancy, sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any local, state or federal law applicable to Federated Hermes. As part of the firm's equal employment opportunity statement, Federated Hermes will also comply with applicable government contractor obligations, including ensuring veterans and qualified people with disabilities are considered for employment and promotional opportunities consistent with current federal, state and local laws and regulations. Federated Hermes will also make reasonable accommodations for the religious practices or beliefs of applicants and employees, as well as for mental health or physical disability needs.

To review Federated Hermes' California Privacy Notice go to https://www.federatedinvestors.com/corporate/careers.do and select CA Applicant Notice.