What are the responsibilities and job description for the Investment Operations Analyst position at Thrivent?
Summary
We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given.
At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.
Job Summary
The Investment Operations Analyst performs ‘middle office’ functions (trade and corporate action processing, collateral management, cash reporting and forecasting, multi-managed fund transaction support, class action claims, derivatives support, securities lending support, etc.) that support the Investment process for Thrivent. They provide the analytical support to execute the trade, provide reporting and process infrastructure and support post-trade execution.
Job Description
Job Responsibilities and Duties
- Responsible to provide operational trade support for a broad array of equity, fixed income and derivative investments. Includes aspects of the investment process such as trade verification/affirmation and communication, cash reporting, foreign exchange, reporting of positions and exposures, and research on failed trades.
- Responsible for supporting transactions in several areas - holdings (corporate actions, reconciliations), derivatives (variation margins, collateral, settlements), private equity and investment strategy (product changes and strategy changes) – working to ensure there are processes and systems in place to operationalize the transactions that occur in each space.
- Provide time sensitive communication to portfolio managers, team members, traders, brokers, custodians and fund accountants.
- Daily interaction with portfolio managers, brokers and traders, leveraging a broad knowledge of the asset management industry. Also manages and maintains relationships with several outside partners: brokers, custodians and key vendors.
Job Qualifications
- Bachelor’s degree in Finance or business and 0-3 years of experience required.
Other Critical Factors
- Ability to work under tight time frames.
- Desire to learn and understand investment business and processes.
- Solid analytical problem solving and communication skills.
- Experience with software used to assemble, evaluate, interpret and analyze financial data.
- Experience working with Market and Broker Onboarding across global markets and various asset types is a plus.
Additional Information
- This position allows a flexible work arrangement meaning you may work on-site and/or remotely from the Minneapolis, MN area.
Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex , gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state , or federal law. This policy applies to all employees and job applicants.
Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation , please let us know by sending an email to human.resources@thrivent.com or call 800-847-4836 and request Human Resources.
