Senior Investment Operations Analyst, Middle Office

Sr Analyst, Business Operations - VKSAH4

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.   

         

Senior Investment Operations Analyst

About HIMCO

Hartford Investment Management Company (HIMCO) has been providing investment advice for over 40 years. With more than 115 investment professionals and approximately $108 billion in assets under management (AUM) across the fixed income, equity and alternatives markets, we deliver tailored strategies to insurance, sub-advisory and other institutional clients. Our mission is the pursuit of investment excellence centered on each client's success, and we have developed a culture that fosters debate and collaboration to drive value and results.

WHY JOIN HIMCO BUSINESS OPERATIONS?

This is a great opportunity to join a growing Investment Management company with Affiliated and Third-Party assets under management.  Business Operations is responsible for the comprehensive support of HIMCO’s Investment Operating Platform, along with Enterprise Services, such as Project Management and Business Resiliency.  In Business Operations you will gain exposure to all parts of HIMCO, including, Investment Sectors, Portfolio Management, Trading, Legal, Compliance, Accounting and Technology teams through daily investment process support, project work, stretch assignments, and complex issue resolution.  In addition, you can grow your career through participation in innovative investment and technology solutions for HIMCO’s client, market, and regulatory initiatives. 

This position is within HIMCO Business Operations, which is responsible for the comprehensive operational support of HIMCO’s Investment Operating Platform including the underlying Investment (IBOR) and Accounting (ABOR) Book of Record.  The Investment Operations Analyst role may be in any of the functional teams in Business Operations responsible for processing and maintaining investment trade, cash, position, and security reference data that is widely used throughout the investment process from decision making to end state reporting.

WHAT ARE THE RESPONSIBILITIES OF THE POSITION?

• Reconcile issuer-level data between systems to ensure consistency across the investment management platform
• Respond to operational client inquiries by leveraging data contained in HIMCO systems and liaising with other Business Operations departments to provide timely resolution of client requests
• Support a mix of daily production work, ad-hoc projects, and research as requested by Business Operations Management, Insurance Portfolio Management, Accounting teams, and other constituencies
• Provide timely support to many internal HIMCO teams, including Portfolio Managers, Investment Sectors, Financial Reporting, Performance Measurement, and Client Reporting Teams
• Process and maintain investment activity in the Trading and Accounting systems for Public Fixed Income, Equity, Alternative Assets and Derivatives in HIMCO’s client portfolios
• Daily activities could include Trade Confirmation and Settlement, Cash Publishing and Reconciliation, Asset Reconciliation, Security Master Maintenance, Corporate Action Processing, Derivative Payment Processing and Collateral Management, State Deposit Processing, or other investment support activities
• Perform detailed analyses of financial payment and settlement information to resolve complex security processing issues with trade counterparties and custodial banks
• Work with front and back offices to provide best-in-class solutions to client issues
• Maintain relationships with clients, their affiliates, vendors, custodial banks, and trading counterparties, while representing HIMCO in a professional manner at all times
• Using a continuous improvement mindset, identify automation opportunities and recommend tools to enhance the client experience and fully utilize HIMCO system capabilities working with software vendors and custodians.
• Develop and maintain detailed procedures and evidence of process controls to cross-train peers, support requests from auditors, and fulfil mandated testing of controls in a highly regulated industry
• Prepare detailed reporting on key performance indicators such as trade settlement failures, asset reconciliation breaks, late trade notifications, variances between projected and actual cash payments, overdrawn cash balances, and asset variances between market data providers to inform senior management decisioning
• Participate in ad-hoc projects within Busine