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INVESTMENT OPERATIONS SPECIALIST : 2024-11-01
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  • ID
    #52809635
  • Salary
    USD TBD TBD
  • Source
    Federated Hermes Inc.
  • Date
    2024-11-01
  • Deadline
    2024-12-30
 
Full-time

POSITION SPECIFICATIONS: Bachelors degree in business, economics or

finance or equivalent experience. One year business experience or

college internship in a related area preferred. General understanding of

investments and financial markets. Strong computer skills including

experience with Microsoft Word and Excel required. MAJOR DUTIES: The

purpose of this position is to support the trading, portfolio

management, and proxy voting functions. The Investment Operations

Specialist will have knowledge of all basic functions performed in

Operations including new account initialization, trade support, and

proxy voting. The Investment Operations Specialist will effectively

interface with clients, brokers, and portfolio managers. Support the

trading and portfolio management functions of the Boston office. Conduct

pre-market open reconciliations, process deposit and withdrawal requests

from brokers and clients. Review new account documents for completeness

and accuracy, set up new accounts. Coordinate first day of trading for

new accounts through communication with the client, the Boston trading

desk, and other Investment Operations Specialists. Perform

pre-market-open reconciliation procedures to ensure that client account

data in the portfolio accounting systems is accurate. Researching cash

breaks, maintenance of portfolio accounting systems through the updating

of other client data. Provide a high level of quality service to both

internal and external clients. Answer questions from clients, brokers,

consultants, and sales staff regarding new account processing matters.

Prepare internal reports for management regarding new account activity

and the status of in process new accounts. HOURS/LOCATION: 7:30 a.m. -

4:00 p.m. (Overtime as required) Hybrid work environment (in-office /

remote) Federated MDTA LLC Boston, MA 02110 EXPLANATORY COMMENTS:

Excellent analytical and problem-solving skills, attention to detail,

accuracy, and timeliness Excellent interpersonal and communication

skills with ability to work in a team environment For consideration,

please visit our company website and reference job # 9278 We are

interested in qualified candidates who are eligible to work in the

United States. However, we are not able to sponsor visas. EOE Including

Disability / Vets Federated Hermes is committed to providing equal

employment opportunities in all aspects of employment to qualified

individuals without regard to the following criteria: race, color,

national origin, religion, sex, pregnancy, sexual orientation, gender

identity or expression, mental or physical disability, age, familial or

marital status, ancestry, military status, veteran status or genetic

information as well as any other prohibited criteria under any local,

state or federal law applicable to Federated Hermes. As part of the

firms equal employment opportunity statement, Federated Hermes will also

take affirmative action to ensure that minorities, females, veterans,

and qualified people with disabilities are considered for employment and

promotional opportunities.