Investment Systems & Operations Lead

B.F. Saul Company•Bethesda, MD

1d•Onsite

About The Position

Chevy Chase Trust is a privately owned investment think tank offering independent and highly personalized financial advice and planning for individuals, families, and institutions. Located just outside of Washington D.C., the firm specializes in unique thematic investment research and asset management. Chevy Chase Trust offers clients direct access to decision-makers and is built to put clients and client success over everything else. From thematic investment management to estate and financial planning, we show our commitment to inventive thinking and client service. Our global, macroeconomic outlook means we do much more than observe and follow trends. Instead, we seek out ideas. It takes more than one kind of person to contribute to this culture. It takes all kinds of people thinking in unconventional waysâ€”with a singular focus. The Investment Systems and Operations Lead responsibilities include coordinating activities between client services, operations and the back-office service provider, partnering with staff to develop best practices and tools to improve workflows and efficiency, managing and providing leadership across simultaneous work requests and projects.

Requirements

Proven interpersonal, team oriented skills
Strong knowledge of securities transactions, applicable regulations, and internal controls
Self-starter with a strong initiative and ability to work independently
Strong problem solving skills
Able to organize/manage multiple priorities and projects coupled with the flexibility to quickly adapt to ever changing business needs and requirements
High attention to detail, excellent follow-through
Strong spreadsheet, database, and reporting skills. Experience with Excel, Word, Access and Outlook
Bachelorâ€™s Degree required
5+ years of experience in Financial Services, Operations, Treasury Management
3+ years of experience in a supervisory role

Responsibilities

Provide cross departmental support and act as a liaison between Portfolio Managers, Traders, Compliance, Technology and Operations
Oversees security setups, maintenance, pricing and reviews back-office service provider data for accuracy. Proactively reviews data integrity between the accounting system, OMS, and CRM systems.
Develop, generate and maintain ad hoc or custom reports. Participate in both internal and external audit reviews and other regulatory reporting as needed.
Oversee the reconciliation of client/fund accounts and assist staff to research cash and position discrepancies.
Oversee and process the valuation for several collective investment funds. Process daily NSCC transactions in accounting system.
Oversee the complete trading day process, including order entry and external matching with brokers for all domestic and international securities. Provide proactive communication while resolving internal trade discrepancies and external discrepancies with custodians and brokers
Own all post-trade processing, including trade matching and settlement issues
Support day-to-day operational reporting and transaction needs of the Cash Operations team by processing cash reversals, cash disbursements and asset related cash. Reconcile and affirm CCTâ€™s Daily Net Settlement wire with sub-custodian and bank.
Oversee the reconciliation of CCTâ€™s four DDAâ€™s (Main trading account, checking, ACH & Wires, OMNI). Communicate issues with CCTâ€™s bank and coordinate internal messaging. Oversee ACH Debit and Lockbox capabilities with CCTâ€™s bank.
Proactively review current processes to identify areas for improvement and implement effective changes. Help to create initial workflow documentation and identify updates for current procedures.
Provide back-up to other employees in Operations as well as other duties as assigned.