Investment Operation Analyst

Lumen Technologies
Norwalk, CT Full Time
POSTED ON 3/21/2023 CLOSED ON 5/31/2023

What are the responsibilities and job description for the Investment Operation Analyst position at Lumen Technologies?

About Lumen
Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With 450,000 route fiber miles serving customers in more than 60 countries, we deliver the fastest, most secure global platform for applications and data to help businesses, government and communities deliver amazing experiences. Learn more about Lumen's network, edge cloud, security and communication and collaboration solutions and our purpose to further human progress through technology at news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies.

The Role

CIM seeks an Investment Operations Analyst with excellent analytical, communication and technology skills to assist in managing the investment-related operational needs associated with Lumen's retirement and employee benefit plan assets. The Analyst will work in a collaborative, small team environment and will interact with CIM staff, custodian bank representatives, service providers, and asset managers. The Analyst will be part of CIM's Investment Operations & Compliance Team (IOC Team), representing a key role in helping CIM achieve its objectives. The Analyst will report to the Director of Investment Operations.

Working closely with IOC Team members, the Analyst will have responsibilities within all investment-related operational functions. The Analyst will utilize best practices in and knowledge of investments and benefit plans to improve operational investment processes and reporting.

In this role, the Analyst will perform the essential duties and responsibilities outlined below, working closely with CIM's Director of Investment Operations, other IOC Team members and CIM staff.

The Main Responsibilities
  • Generation and analysis of trust and investment-related reporting covering investment performance, expenses, investment accounting and compliance
  • Primary support for the processing and analysis of trust expenses, including payments, budgeting, and benchmarking
  • Monitor and facilitate all trust-related cash flows, including capital calls, distributions, and invoices while ensuring compliance with regulatory requirements and appropriate fiduciary oversight
  • Update CIM Board-level reports for all trusts including asset allocation exposures, performance data, and investment-related operational, actuarial, and regulatory information
  • Communicate directly with asset managers to facilitate investment-related operational requirements and portfolio management
  • Work with Compliance Manager on various tasks, projects and reports to ensure trust compliance with regulatory and internal requirements
  • Partner with CIM team members to ensure custody bank information and reporting is accurately reflected in Lumen's and the individual trust's financial statements
  • Cross train with IOC Team Managers to ensure redundancy on critical tasks and verify that key operational procedures are accurate and current. Monitor, update and implement operational procedures to ensure processes are efficient and effective
  • Daily compliance functions for internally managed investment strategies
  • Collaborate and establish strong, effective working relationships with CIM Team members, service providers and investment managers to establish best practices
  • Provide ad-hoc CIM administrative support as needed
What We Look For in a Candidate

Required

  • Bachelor's degree in Business or related field from an accredited four-year institution
  • Three years of related experience in accounting, investment management, finance, information technology or back-office operations in an investment or corporate finance setting
  • High level proficiency in Microsoft Office software applications, particularly Excel, PowerPoint and MS Teams
  • Located within commuting distance of Denver, Colorado (hybrid work environment)

Preferred

  • Five years of relevant experience in financial markets, preferably in operations or back-office roles
  • Advanced proficiency in Excel, including VBA, pivot tables and database management tools
  • Proficiency in Power BI and Python programming
  • Desire to pursue (or progress towards) Chartered Financial Analyst (CFA) or Certified Investment Performance Measurement (CIPM) designation
  • Basic knowledge of pension fund management and 401(k) plans
What to Expect Next

Requisition #: 326423

When applying for a position, you may be subject to a background screen (criminal records check, motor vehicle report, and/or drug screen), depending on the requirements for the position. More information on what's included in these checks can be found in the Post Offer section of our . Job-related concerns noted in the background screen may disqualify you from the new position or your current role. Background results will be evaluated on a case-by-case basis.

This position is part of a bargaining unit and represented by a union. Depending upon the applicable collective bargaining agreement under which you may be hired, you may be: (a) required to join the union and pay union dues as a condition of employment; or, (b) required to pay union dues, but not join the union as a condition of employment; or (c) free to chose whether or not to join the union, but if you do join the union you would be obligated to pay union dues.

EEO Statement
We are committed to providing equal employment opportunities to all persons regardless of race, color, ancestry, citizenship, national origin, religion, creed, veteran status, disability, medical condition, genetic characteristic or information, age, sex, gender, sexual orientation, gender identity, marital status, family status, pregnancy, or other legally protected status (collectively, "protected statuses"). We do not tolerate unlawful discrimination in any employment decisions, including recruiting, hiring, compensation, promotion, benefits, discipline, termination, job assignments or training.

NOTE: Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Disclaimer
The above job definition information has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Job duties and responsibilities are subject to change based on changing business needs and conditions.

Salary Range
Salary Min :

62888

Salary Max :

139752

This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Individual pay is based on skills, experience and other relevant factors.

This position is eligible for either short-term incentives or sales compensation. Director and VP positions also are eligible for long-term incentive. To learn more about our bonus structure, you can view additional information We're able to answer any additional questions you may have as you move through the selection process.

As part of our comprehensive benefits package, Lumen offers a broad range of Health, Life, Voluntary Lifestyle and other benefits and perks that enhance your physical, mental, emotional and financial wellbeing. You can learn more by clicking

Note: For union-represented postings, wage rates and ranges are governed by applicable collective bargaining agreement provisions.

Salary Range
Salary Min :

62888

Salary Max :

139752

This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the job's location. We offer competitive pay that varies based on individual experience, qualifications and other relevant factors. We encourage you to apply to positions that you are interested in and for which you believe you are qualified. To learn more, you are welcome to discuss with us as you move through the selection process.

 

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