Investment Services Co-op
About The Position
Co-op Program Overview The Arrowstreet Co-op Program provides an exciting opportunity to learn about the institutional asset management industry and Arrowstreet as a company while gaining deep experience within a specific function. The co-ops are highly valued members of the team and participate in team meetings, perform business-critical work and receive real-time, balanced feedback. They enjoy all the perks of being an employee at Arrowstreet, including a warm and friendly work environment and a relaxed, business-casual dress code. The co-ops across the organization come together on a regular basis to meet members of the firm’s leadership and to learn about all aspects of the investment management process. Responsibilities The Investment Services Group is responsible for the below and co-ops will be given exposure or experience within each area. Markets. Monitor for upcoming market events, changes and communicate these to the broader investments teams along with research that will help support our implementation of and internal changes. Security Data. Manage the quality of this data in particular evaluating the quality of security prices, country and sector reference information across our investible universe. Account Activity. Support the management of portfolio subscriptions and redemptions, set up new markets for trading, manage portfolio conversion activities, and manage broker and counterparty eligibility or restrictions. Portfolio Holdings and Transactions. Evaluate the quality of holdings data through the review of systematic reconciliations and integrity checks across portfolio holdings, transactions, corporate actions, cash balances, and good to sell files across our trading systems, middle-office records and client custodian records. Post Trade Monitoring. Monitor failed trade reporting and proactively resolve trade settlement matters. Compile data required and broker performance on a daily basis. This group also manages the corporate action election process coordinating across legal, portfolio management, client relationship management and our middle office. New Initiative Implementation. Lead and contribute to the implementation of critical investment initiatives. Identify business requirements for relevant software development needs.
Requirements
- Strong academic record in the undergraduate program with a finance, business, accounting, mathematics or computer science focus.
- Excellent organizational, analytical and problem-solving skills.
- Microsoft Excel skills preferred.
- A strong interest in data analysis and working with large amounts of data.
- A strong interest in the asset management industry.
Nice To Haves
- Experience or interest in a programming language, preferably Python, a plus
Responsibilities
- Monitor for upcoming market events, changes and communicate these to the broader investments teams along with research that will help support our implementation of and internal changes.
- Manage the quality of this data in particular evaluating the quality of security prices, country and sector reference information across our investible universe.
- Support the management of portfolio subscriptions and redemptions, set up new markets for trading, manage portfolio conversion activities, and manage broker and counterparty eligibility or restrictions.
- Evaluate the quality of holdings data through the review of systematic reconciliations and integrity checks across portfolio holdings, transactions, corporate actions, cash balances, and good to sell files across our trading systems, middle-office records and client custodian records.
- Monitor failed trade reporting and proactively resolve trade settlement matters.
- Compile data required and broker performance on a daily basis.
- Manage the corporate action election process coordinating across legal, portfolio management, client relationship management and our middle office.
- Lead and contribute to the implementation of critical investment initiatives.
- Identify business requirements for relevant software development needs.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Career Level
Intern
Number of Employees
251-500 employees
