Job Description
Do you desire to utilize your mathematics, data analytics, economics, or finance education; enhanced Excel skills; and researching abilities within a Global Fortune 500 financial services company? This role is within the investment space. The main focus of the Jr. Investment Operations Analyst is to provide investment and financial portfolio servicing support to enhance the client's experience. For a chosen candidate that exceeds expectations, there may be an opportunity to transition to a full-time employee! This role is a great opportunity for the professional desiring to have a long-term career in Data Analytics, Risk Mitigation, Compliance, or within Operations as a Leader or Analyst.
salary: $24 - $25 per hour
shift: First
work hours: 8 AM - 5 PM
education: Bachelors
Responsibilities
- Read through contracts for cash movement of asset back securities and understand the service level agreement and deliverables behind it
- Process and reconcile complex payments related to loan or security transactions or payments
- Process and transmit money movements associated with loan funding or security payments
- Reconcile daily cash movement to system or bank activity
- Review adherence to established controls and procedures
- Provide remittance and correction information to servicers
- Monitor of pooled loans to determine non-compliance
- Communication of information to investors
- Communicate information to the Client (CFO, Controllers, Accountants, or Relationship Manager)
- Evaluate servicer performance to ensure compliance with stated agreements
- Interact with other departments
- Research transactions as issues arise with loan funding, collateral, investor or bound payments (authorization matrices, legal documents, etc.) and communicate findings to the supervisor for resolution
- Maintain a working knowledge of your area of expertise, which may include Collateral, Securities, Default, Trust Administration, etc.
- Create advanced Excel spreadsheets to managed millions of dollars
Skills
- Advanced Excel Skills (2 years of experience is required)
- V-lookups
- Conditional Formulas
- Critical thinking (2 years of experience is required)
- Business Analysis
- Cash Movement
- Investment Product Knowledge (2 years of experience is required)
- Communication Skills (2 years of experience is required)
- Detail orientation (2 years of experience is required)
- Math and Calculation (2 years of experience is required)
- Reconciliation (2 years of experience is required)
Qualifications
- Years of experience: 2 years
- Experience level: Entry Level
Randstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad.
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.
At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.
Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility).
This posting is open for thirty (30) days.
Job Tags
Hourly pay, Permanent employment, Full time, Temporary work, Work experience placement, Shift work