Multi-Asset Trade Operations Senior Analyst

Teacher Retirement System of Texas (TRS)•Austin, TX

136d•Onsite

About The Position

The Multi-Asset Trade Operations Senior Analyst performs complex investment-related financial work for the Investment Management Division. The role processes securities trades after execution and ensures settlement; analyzes, researches, and reconciles investment data; processes and monitors corporate actions; and prepares reports. The position works proactively with the Multi-Asset Trade Operations Team, Investment Operations team, IMD staff, and TRS employees. Responsibilities include processing post-execution securities trades on trade date, monitoring timely settlement, liaising with custodians and executing brokers, researching and reporting trade issues, reconciling holdings data, investigating discrepancies, and preparing reconciliation reports. The analyst also processes mandatory and voluntary corporate actions, supports internal portfolio managers with information about voluntary actions, monitors execution of elections, and ensures the Order Management System reflects current tradeable positions. The role prepares reports on failing and settled trades, reconciliations, trade data, and corporate actions, and monitors data feeds to help ensure accurate information flow between systems. Related work may be assigned.

Requirements

Bachelor’s degree from an accredited college or university in accounting, finance, information systems, or a closely related field; alternatively, a high school diploma or equivalent and additional full-time relevant experience may be substituted on an equivalent year-for-year basis.
Three years of full-time, directly related, progressively responsible experience in investment operations, accounting, or financial analysis requiring compilation, reconciliation, and/or analysis of detailed information, or related experience.
One year of full-time experience with trade settlement or reporting of investment data, cash, securities, and/or derivatives, or related experience.
Experience requirements may be concurrent.
A master’s or doctoral degree in a closely related field may be substituted for experience on an equivalent year-for-year basis.
Knowledge of investment concepts, terminology, styles, models, strategies, and fundamental investment factors.
Skills in complex financial analysis and verification and auditing of financial data.
Ability to use a computer in a Windows environment, including MS Office word processing, spreadsheets (including advanced Excel functions and macros), database systems, and other business software.
Ability to search and evaluate large amounts of information, perform complex statistical analysis, and prepare concise and accurate reports.
Ability to communicate complex technical information verbally and in writing, including presenting analysis.
Ability to organize and coordinate work to meet frequent or multiple deadlines, handle multiple tasks simultaneously, and manage conflicting priorities and demands.
Ability to establish and maintain harmonious working relationships with co-workers, agency staff, and external contacts.
Ability to work effectively in a professional team environment.

Nice To Haves

Master’s degree from an accredited college or university in business administration, finance, accounting, or a closely related field.
Experience with Trade Order Management systems.

Responsibilities

Process post-execution securities trades on trade date by analyzing trade details and communicating with internal traders and executing brokers as needed.
Monitor trades to ensure timely settlement.
Analyze and communicate detailed trade data and act as a liaison between the custodian and executing brokers to exchange information needed to settle trades.
Document research requests concerning trade issues and report trade issues to the team, Trading, and the custodian.
Reconcile holdings data between TRS and the custodian daily using accounting, custodian, and investment systems.
Research causes of discrepancies by analyzing trades, corporate actions, and other issues affecting portfolio positions.
Submit and document research requests to the custodian and monitor discrepancies through resolution.
Prepare detailed reconciliation reports.
Process mandatory and voluntary corporate action events affecting internally managed TRS funds.
Provide TRS internal portfolio managers with information to support decisions about voluntary corporate actions.
Monitor the custodian’s accurate and timely execution of voluntary-action elections.
Ensure the Order Management System reflects current, tradeable positions.
Prepare detailed reports with exhibits showing failing and settled trades and reconciliations.
Compile data and prepare detailed reports on trade data, reconciliations, and corporate actions using database downloads, spreadsheets, and other software.
Monitor data feeds and take corrective action to ensure accurate data flow between systems.
Perform related work as assigned.