Investment Operations Middle Office Analyst - Associate

The Investment Operations Middle Office professional is responsible for performing investment-related financial analysis work. The incumbent will perform analysis and reconciliation of investment data, manage workflows, prepare reports, support investment platforms, and participate in or lead strategic initiatives and process improvement projects. This position will proactively work with the Middle Office team, IMD staff, and agency employees. This position reports to a Manager of Investment Operations.

WHAT YOU WILL DO:

Portfolio Management Services

• Participates in data modernization and transformation projects to implement investment platforms and improve system integration between internal and external applications or other software.
• Facilitates cross-organization resolution of investment data, benchmark, valuation, liquidity, and reporting issues by coordinating with internal and external teams, counterparties, investment managers, custodians, and service providers.
• Actively researches and identifies areas for improvement and automation for data quality control, workflows, business processes, operations, reporting, and investment systems.
• Updates and maintains operational documentation and procedures.
• Has knowledge of data governance, models, and database navigation.

Data Analysis and Reconciliation

• Monitors, verifies, reconciles, and reports investment master data, valuations, liquidity, benchmarks, and performance information, including prices, reference data, holdings, exposures, notional values, gains and losses, collateral balances, cash balances, returns, and trade life cycle events using systems including but not limited to internal applications, SQL databases, Excel, PowerBI, SimCorp, My State Street, and Bloomberg.
• Analyzes market data, pricing, trading information, corporate actions, and other issues that affect portfolio valuation, performance, risk, compliance, and regulations.
• Researches and explains the causes of discrepancies on investment data on a daily, monthly, quarterly, and annual basis, including conferring with internal and external teams and vendors.
• Engages in investment communications between front office and trade operations and takes appropriate action to ensure accurate data flow between parties, including internal and external investment systems.
• Understands investment risk management.
• Has knowledge of compliance rules and data governance.
• Manages data quality control, synthesizes data, and integrates analytics for investment decision making.

Reporting

• Compiles detailed periodic and ad hoc reports on data reconciliation, portfolio valuation, holdings, fees, expenses, and other investment information using report writing, database, spreadsheet, and other software, for use by agency management, Investment''s staff, the legislature and vendors, and to provide information requested under the Open Records Act.
• Prepares, generates, and analyzes data for investment decision- making including master data, reference data, exposures, portfolio views, performance, benchmarks, risk, liquidity, fees, Management Committee and Board Reporting.