Public Securities Operations Portfolio Analyst

Jackson • Chicago, IL

5d

About The Position

Working at PPM America, Inc. PPM is a US-based institutional asset manager. Established in Chicago in 1990, PPM exists to consistently support institutional clients in achieving their long-term value goals. We take a hard work, straight talk, full transparency and humility approach to our work. Our success is supported by a team-based culture that encourages debate, collaboration and consistency. At the center of our belief is the fact that our best ideas to date have and can come from any team member anywhere in our firm. We believe the success of our investment culture is best demonstrated by the strong retention of our clients and investment professionals. PPM was again named one of the Best Places to Work in Money Management by Pensions & Investments in 2024. We attract professionals who exhibit humbleness, directness, and dedication. PPM’s values guide our internal conduct and help define the type of relationships we share with our investors, affiliates, and other valued partners. Above all, PPM is passionate about giving back to our clients, to each other, and to our community. We understand that community and purpose are just as important as the job description when finding your next career. The Portfolio Analyst role exists within the Public Securities Operations team, which provides a centralized and coordinated function supporting investment accounting, cash management, reconciliation and trade processing and settlement activities across PPM America's many business units and clientele. The team leverages the organization through operating depth, developed skills, use of technology, process optimization and clear operating accountabilities. The Portfolio Analyst works closely with personnel in Investment Management, Performance Analytics, Securities Operations, IT and other groups and clients, as needed.

Requirements

• Broad knowledge and understanding of investment products and their characteristics, including the spectrum of fixed income instruments and their life-cycle events.
• Basic understanding of institutional Corporate Action processing, covering both equity and fixed income instruments.
• Ability to prioritize and independently manage multiple deadlines and clientele simultaneously.
• Experience in preparing accurate and timely reports, analysis and presentations for management and clients.
• Unquestionable professional integrity.
• Strong teamwork-based approach to work and collective activities.
• Critical thinking, analysis, troubleshooting, and problem-solving expertise.
• Advanced proficiency with the entire Microsoft Office suite with an emphasis on Excel, Word and PowerPoint.
• Bachelor's Degree , preferably in Finance or Accounting related discipline, required.
• 2+ years of practical experience in public audit, financial services, management consulting, or asset management operations required.
• Trade settlement or reconciliation experience required.

Nice To Haves

• Exposure to and ability to demonstrate proficiency with third-party tools used in financial services such as: Bloomberg, Blackrock Aladdin or other portfolio accounting platform.
• Additional credentials or progress toward an advanced degree or chartered industry designation (i.e., CFA, CPA, etc.) preferred.

Responsibilities

• Reconcile portfolio holdings, cash, and non-cash activities between various in-house systems and custodial or third-party platforms.
• Resolve and communicate identified portfolio discrepancies and errors in a timely manner.
• Deliver investable cash and cash event data to investment teams and other interested parties.
• Provide support for the timely and accurate trade settlement processing for various public security types across all client portfolios.
• Process and validate all non-trade related activities occurring within client portfolios, including transfers, wires, principal & interest transactions, and any miscellaneous activities.
• Validate portfolio specific information: reporting requirements, processing requirements, and account validation.
• Identify, collect, and maintain all requisite documentation and records pertaining to the portfolios.
• Onboard new portfolios into current operational processes.
• Respond to client requests.
• Develop new processes as required by new clients, custodians, regulators, auditors, or risk procedures.
• Provide back-up support for other Portfolio Services team members and assist in special projects and “ad hoc” requests.
• Develop a deep and comprehensive knowledge of the use, capabilities, and maintenance of the Aladdin portfolio management system and related platforms within the PPM operational and systematic ecosystem.
• Performs other duties and/or projects as assigned.

Benefits

• Competitive salary and bonus
• Medical, dental and vision coverage
• For eligible employees, $2 for $1 matching on 401k contributions, up to a max matching contribution of 12% of your eligible compensation.
• Tuition and professional certification reimbursement
• Paid parental leave
• Adoption assistance
• Holidays and paid time off
• Paid time off to volunteer

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 101-250 employees