Business Operations Analyst – Pricing & Valuation

Analyst, Business Operations - VKANH3

Sr Analyst, Business Operations - VKSAH4

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Business Operations Analyst – Pricing & Valuation

 

Why Join HIMCO Business Operations?

 

This is a great opportunity to join a growing investment management company with affiliate and third-party assets under management.  In Business Operations, you will gain exposure to various sectors, portfolio management, trading, legal, compliance, accounting and IT through day-to-day process interaction, project work, stretch assignments and critical problem solving. In addition, you will gain knowledge of various types of fixed income, equity, derivative and alternative assets.

 

About HIMCO

 

Hartford Investment Management Company (HIMCO) has been providing investment advice for over 35 years. With more than 130 investment professionals and approximately $110 billion in assets under management (AUM) across the fixed income, equity, and alternatives markets, we deliver tailored strategies to insurance companies as well as retail and 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 in an effort to drive value and results.

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 Analyst, Business Operations position is being offered to fill an opening on HIMCO’s Pricing Team. The Pricing Team is responsible for determining accurate valuations for assets managed by HIMCO and works in partnership with HIMCO’s Front Office, Investment Finance, and Business Operations Teams. The candidate will be involved in many different aspects of HIMCO’s Pricing and Valuation processes with a primary focus on developing and maintaining internal valuation models for hard to value investments including private placement bonds, direct middle market loans, commercial mortgage loans, private equity, and derivatives. This position is being posted as an Investment Analyst, with the potential for hiring as a Senior Analyst based on experience.

WHAT ARE THE RESPONSIBILITIES OF THE POSITION?

• Develop and maintain internal valuation models for hard to value investments including private placement bonds, direct middle market loans, commercial mortgage loans, private equity, and derivatives.
• Oversight of HIMCO’s daily and monthly price exception review processes.
• Coordinate HIMCO’s price challenge processes with pricing vendors.
• Produce daily, monthly, and quarterly valuation reporting for internal and external clients.
• Investigate and respond to client ad-hoc pricing and valuation requests.
• Continuously look for ways to improve and optimize workflows.

 

WHAT ARE WE LOOKING FOR?

• BS/BA degree in Accounting, Finance, Business, or related discipline. Enrollment in the CFA Program a plus. 
• 5+ years of relevant experience in Investment Operations, Investment Middle Office, or related roles.
• Familiarity with fixed income and equity asset classes.
• Highly proficient in MS Excel. Experience with relational databases, querying languages, VBA, and report automation is a plus.
• Must be highly organized and have a hunger to learn.
• Ability to adapt to changing priorities with effective time management skills.
• Demonstrated record of problem solving and critical thinking with strong analytical skills.
• Excellent oral and written communication capabilities with a strong attention to detail and organization.
• Proactive ownership of issues; willing to recommend solutions and take charge to resolve.
• Strong customer service focus to provide exceptional support to internal and external clients.
• Ability to thrive in a team environment and collaborate with colleagues.

As a condition of your employment for HIMCO, you will