Accounting, Analysis Skills, Brokerage, Corrective Action, Data Collection, Data Quality, Fund Management, Industry/Trade Analysis, Internal Audit, Investment Management, Operational Audit, Order Management, Reconciliation, Reporting Skills, Spreadsheets, Time Management, Trading/Stockbroking
The Multi-Asset Trade Operations Senior Analyst performs complex investment-related financial work. The incumbent will process [securities] trades after execution, and ensure settlement; analyze, research, and reconcile investment data; process and monitor corporate actions; and prepare reports. This position will proactively work with the Multi-Asset Trade Operations Team, Investment Operations team, IMD staff, and TRS employees. This position reports to the Manager, Multi-Asset Trade Operations.
WHAT YOU WILL DO:
Trade Processing and Trade Settlement
- Processes [post-execution] securities trades on trade date by analyzing trade details and communicating with internal Traders and executing brokers, as needed.
- Monitors trades to ensure timely settlement.
- Analyzes and communicates detailed trade data, and acts as liaison between Custodian and executing brokers, exchanging data and information in order to settle trades.
- Documents research requests pertaining to trade issues, whether to the Custodian or the executing broker.
- Reports trade issues to team, Trading, Custodian.
Reconciliation Research and Analysis
- Reconciles holdings data between TRS and the Custodian on a daily basis with accounting, custodian, and investment systems.
- Assists with researching the causes of discrepancies, by analyzing trades, corporate actions, and other issues that affect portfolio positions.
- Documents and submits research requests to the Custodian.
- Monitors discrepancies to ensure resolution.
- Prepares detailed reconciliation reports.
Corporate Actions
- Processes mandatory and voluntary corporate action events affecting internally-managed funds at TRS.
- Provides information to TRS Internal Portfolio Managers to enable them to make decisions regarding voluntary actions.
- Based on elections to voluntary actions, monitors the Custodian for accurate and timely execution.
- Ensures Order Management System (OMS) is reflecting current, tradeable, positions.
Reporting
- Prepares detailed reports with exhibits showing failing and settled trades; reconciliations.
- Assists with compiling data and prepares detailed reports on trade data, reconciliations and corporate actions using database downloads, spreadsheets, and other software, for use by agency management, Investment Division staff, and TRS Internal Audit.
- Monitors data feeds and takes appropriate corrective action to ensure accurate data flow between systems.
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Teacher Retirement System of Texas