Reliance Standard
Investment Analyst, Sr.
Reliance Standard, Phila, Pennsylvania, United States, 19117
Job Responsibilities and Requirements
The Senior Investment Analyst is responsible for processing support for the general operations of the Investment Services Department. Key tasks include instructing cash wires in various custodial portals, assisting with the timely entry of transactions into downstream systems, collateral management, performing and reviewing reconciliations while also recommending improvements to reduce the manual effort required to complete reconciliations, and using critical thinking skills to analyze large data sets to draw conclusions and/or propose solutions to issues as they arise. The Senior Investment Analyst should be able to exercise judgment and think critically and independently to solve problems and complete projects/tasks.
Investment Portfolio SupportEnters and/or approves cash wires for investment-related and cash management-related transactions as instructedProvides trade and reporting support to the portfolio management team, including ad-hoc requests as neededProcesses several transaction types across multiple asset classes with third-party vendors, including bonds, equities, loans, derivatives, and others as assignedManages bilateral and cleared margining process, including handling margin calls, variation margin, and initial margin for each respective counterpartyMonitors the cash application process and clears discrepancies while actively participating in discussions around the appropriate matching of transactions among systems and reportsPerforms daily cash/trade reconciliations and wire identification for 400+ internal and external accountsEnsures appropriate documentation is archived for audit purposesAnalysis of Investment Data
Manages collateral around all current and potential facilities, including the Federal Home Loan Bank ("FHLB"), repurchase agreements, securities lending, statutory deposits, margin requirements for derivatives, reinsurance structures, and others as necessaryResponsible for streamlining cash projections, liability projections and payment processing utilizing the Kyriba treasury workstationApplies core investment knowledge, particularly for fixed-income securities, to assess the reasonability of data sets and to identify trends and outliersPerforms collateral reconciliations among various systems and data sources to ensure appropriate collateral postings for each program in both amount and type. In partnership with stakeholders, develops and maintains reports that identify and quantify any reconciling items and takes action to resolve and document such items as needed.Develops a risk-rating methodology for reconciliation breaks and a dashboard for management-level reviewProject Based Initiatives
Leads implementation of new processes and systemsCreates, monitors, and enhances controls over responsible areas based on independent judgmentParticipates in the onboarding of new asset classes, investment strategies and investment systemsAdditional duties as assignedRequired Knowledge, Skills, Abilities and/or Related Experience
Bachelor's Degree in Finance, Accounting or Business-related field5-10 years relevant experienceCore knowledge about fixed income instruments and conceptsKnowledge about general portfolio managementStrong Excel skills around advanced functions including VLOOKUP, HLOOKUP, pivot tables, arrays, and data aggregation techniques5+ years relevant experience processing multitude of wires and wire types in a fast-paced environmentPrevious collateral experience or previous experience working with Kyriba treasury workstationExperience working with various investment systems including custodial, loan processing, investment accounting, and portfolio management systemsAbility to Travel:
Up to 10%
The expected hiring range for this position is $76,380.00 - $101,970.00 annually for work performed in the primary location (Philadelphia, PA). This expected hiring range covers only base pay and excludes any other compensation components such as commissions or incentive awards. The successful candidate's starting base pay will be based on several factors including work location, job-related skills, experience, qualifications, and market conditions. These ranges may be modified in the future.
Work location may be flexible if approved by the Company.
What We Offer
At Reliance Matrix, we believe that creating a more diverse, equitable and inclusive culture allows us to realize more of our potential. And we can't do this without our most important asset-you.
That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.
Our Benefits:
An annual performance bonus for all team membersGenerous 401(k) company match that is immediately vestedA choice of three medical plans (that include prescription drug coverage) to suit your unique needs. For High Deductible Health Plan enrollees, a company contribution to your Health Savings AccountMultiple options for dental and vision coverageCompany provided Life & Disability Insurance to ensure financial protection when you need it mostFamily friendly benefits including Paid Parental Leave & Adoption AssistanceHybrid work arrangements for eligible rolesTuition Reimbursement and Continuing Professional EducationPaid Time Off, volunteer days, community partnerships, and Employee Assistance ProgramAbility to connect with colleagues around the country through our Employee Resource Group program and our Diversity Equity & Inclusion CouncilOur Values:
IntegrityEmpowermentCompassionCollaborationFun
EEO Statement
Reliance Matrix is an equal opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation. We assure you that your opportunity for employment depends solely on your qualifications.
#LI-Hybrid #LI-AS1
The Senior Investment Analyst is responsible for processing support for the general operations of the Investment Services Department. Key tasks include instructing cash wires in various custodial portals, assisting with the timely entry of transactions into downstream systems, collateral management, performing and reviewing reconciliations while also recommending improvements to reduce the manual effort required to complete reconciliations, and using critical thinking skills to analyze large data sets to draw conclusions and/or propose solutions to issues as they arise. The Senior Investment Analyst should be able to exercise judgment and think critically and independently to solve problems and complete projects/tasks.
Investment Portfolio SupportEnters and/or approves cash wires for investment-related and cash management-related transactions as instructedProvides trade and reporting support to the portfolio management team, including ad-hoc requests as neededProcesses several transaction types across multiple asset classes with third-party vendors, including bonds, equities, loans, derivatives, and others as assignedManages bilateral and cleared margining process, including handling margin calls, variation margin, and initial margin for each respective counterpartyMonitors the cash application process and clears discrepancies while actively participating in discussions around the appropriate matching of transactions among systems and reportsPerforms daily cash/trade reconciliations and wire identification for 400+ internal and external accountsEnsures appropriate documentation is archived for audit purposesAnalysis of Investment Data
Manages collateral around all current and potential facilities, including the Federal Home Loan Bank ("FHLB"), repurchase agreements, securities lending, statutory deposits, margin requirements for derivatives, reinsurance structures, and others as necessaryResponsible for streamlining cash projections, liability projections and payment processing utilizing the Kyriba treasury workstationApplies core investment knowledge, particularly for fixed-income securities, to assess the reasonability of data sets and to identify trends and outliersPerforms collateral reconciliations among various systems and data sources to ensure appropriate collateral postings for each program in both amount and type. In partnership with stakeholders, develops and maintains reports that identify and quantify any reconciling items and takes action to resolve and document such items as needed.Develops a risk-rating methodology for reconciliation breaks and a dashboard for management-level reviewProject Based Initiatives
Leads implementation of new processes and systemsCreates, monitors, and enhances controls over responsible areas based on independent judgmentParticipates in the onboarding of new asset classes, investment strategies and investment systemsAdditional duties as assignedRequired Knowledge, Skills, Abilities and/or Related Experience
Bachelor's Degree in Finance, Accounting or Business-related field5-10 years relevant experienceCore knowledge about fixed income instruments and conceptsKnowledge about general portfolio managementStrong Excel skills around advanced functions including VLOOKUP, HLOOKUP, pivot tables, arrays, and data aggregation techniques5+ years relevant experience processing multitude of wires and wire types in a fast-paced environmentPrevious collateral experience or previous experience working with Kyriba treasury workstationExperience working with various investment systems including custodial, loan processing, investment accounting, and portfolio management systemsAbility to Travel:
Up to 10%
The expected hiring range for this position is $76,380.00 - $101,970.00 annually for work performed in the primary location (Philadelphia, PA). This expected hiring range covers only base pay and excludes any other compensation components such as commissions or incentive awards. The successful candidate's starting base pay will be based on several factors including work location, job-related skills, experience, qualifications, and market conditions. These ranges may be modified in the future.
Work location may be flexible if approved by the Company.
What We Offer
At Reliance Matrix, we believe that creating a more diverse, equitable and inclusive culture allows us to realize more of our potential. And we can't do this without our most important asset-you.
That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.
Our Benefits:
An annual performance bonus for all team membersGenerous 401(k) company match that is immediately vestedA choice of three medical plans (that include prescription drug coverage) to suit your unique needs. For High Deductible Health Plan enrollees, a company contribution to your Health Savings AccountMultiple options for dental and vision coverageCompany provided Life & Disability Insurance to ensure financial protection when you need it mostFamily friendly benefits including Paid Parental Leave & Adoption AssistanceHybrid work arrangements for eligible rolesTuition Reimbursement and Continuing Professional EducationPaid Time Off, volunteer days, community partnerships, and Employee Assistance ProgramAbility to connect with colleagues around the country through our Employee Resource Group program and our Diversity Equity & Inclusion CouncilOur Values:
IntegrityEmpowermentCompassionCollaborationFun
EEO Statement
Reliance Matrix is an equal opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation. We assure you that your opportunity for employment depends solely on your qualifications.
#LI-Hybrid #LI-AS1