Analyst, Investment Operations (work from home)

American Red Cross • Meriden, CT

17d • $70,000 - $90,000 • Remote

About The Position

Joining The American Red Cross is like nothing else – it’s as much something you feel as something you do. You become a vital part of the world’s largest humanitarian network. Joining a team of welcoming individuals who are exceptional, yet unassuming. Diverse, yet uncompromising in unity. You grow your career within a movement that matters, where success is measured in people helped, communities made whole, and individuals equipped to never stop changing lives and situations for the better. When you choose to be a force for good, you’ll have mentors who empower your growth along a purposeful career path. You align your life’s work with an ongoing mission that’s bigger than all of us. As you care for others, you’re cared for with competitive compensation and benefits. You join a community that respects who you are away from work as much as what you do while at work.
WHAT YOU NEED TO KNOW ABOUT THE JOB: A critical part of the organization’s financial operations is made up of an Endowment Fund, an ERISA Defined Benefit Retirement Plan, and multiple corporate portfolios invested in varying private equity, fixed income, and derivative strategies. The Investment Operations group is responsible for operational, administrative, accounting, and performance functions for the investment portfolios, managing internal and external parties, and ensuring both the efficient operations of the portfolios and compliance with approved policies, strategies, guidelines and procedures. The group assists and advises other Finance and Treasury teams across the organization and provides general financial accounting support as needed. Reporting to the Director, Investment Operations and Audit, Analyst, Investment Operations is a multi-faceted role integral to both the execution of day-to-day functions related to the management and reporting of investment portfolios and the completion of internal and external financial reporting in accordance with GAAP standards. This position is 100% remote based, to be seated anywhere within the United States. This position is 100% remote based, to be seated anywhere within the United States.

Requirements

• Education: Bachelor’s degree in Accounting, Economics, Finance, Business, or related field.
• Experience. Minimum of three years of demonstrated progressive responsibility and relevant experience, preferably with a leading private sector endowment, foundation, or qualified plan organization.
• Management Experience. None.
• Skills and Abilities. A solid working knowledge of investment management, investment accounting, investment operations, general accounting, budgeting and strategic planning.
• Ability to manage complex projects involving various stakeholders and multiple projects of varying priority.
• Ability to generate respect and trust from staff and external constituencies.
• Outstanding organizational skills and detail orientation.
• Goal-oriented, task driven.
• Strong collaboration skills and experience working in small teams.
• Creative problem-solving skills and a future-oriented vision.
• Strong interpersonal, communication, public-speaking and presentation skills.
• Strong sense of the mission of the American Red Cross.

Nice To Haves

• A Masters degree or CPA is desirable.
• Audit experience with one of the Big Four firms and investment industry legal and regulatory knowledge is strongly desired, as is knowledge related to private equity and derivative investments.

Responsibilities

• The Analyst will be responsible for the preparation of various interim and annual investment reports for presentation to internal and external stakeholders and inclusion in published audited annual financials.
• This will include performing regular reconciliations between multiple vendors and internal teams, identifying and correcting potential issues, and generating timely final reports with documented checks and balances.
• Additional responsibilities include assisting in the planning and execution of annual external audit processes, including researching changes to controls, audit practices, and regulatory changes, the execution of PBCs, and the preparation of financial statements and footnotes.
• The Analyst will ensure compliance with regulatory requirements applicable to institutional investments, including compliance with GAAP, ASC 820, ASC 815, Topic 210 (ASU 2013-01) and Form 5500.
• The Analyst will assist with operational controls and risk management needs, and with administrative functions, such as plan transactions, vendor contracts, invoice processing, and cash maintenance.
• The Analyst will oversee vendor processes and make recommendations to better leverage data and ensure the accuracy of data reported.
• The Analyst will be the day-to-day contact for internal parties and external vendors, responding to inquiries, facilitating communication, staying abreast of any issues, and ensuing timely responses and resolutions.
• The Analyst provides back-up support for the Director as needed.
• Support other departments and teams within the organization, including Treasury, Tax, Legal and Compliance, as required.

Benefits

• Medical, Dental Vision plans
• Health Spending Accounts & Flexible Spending Accounts
• PTO: Starting at 19 days a year; based on type of job and tenure
• Holidays: 11 paid holidays comprised of six core holidays and five floating holidays
• 401K with up to 6% match
• Paid Family Leave
• Employee Assistance
• Disability and Insurance: Short + Long Term
• Service Awards and recognition

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level