Investment Operations Analyst

Job Summary

The Investment Operations Analyst is responsible for providing accounting and financial analysis to support daily operations and overall business decisions that assist in sound management of Choice’s fixed income portfolio. This role is responsible for maintaining data integrity of the company’s fixed income securities throughout their lifecycle, evaluating the assumptions that inform risk and return of fixed income securities, as well as building and maintaining models and databases that can be used for reporting of the fixed income portfolio. The Investment Operations Analyst acts as primary subject matter expert of the accounting and order management tools used by Choice, while also collaborating within the investment function and other key business areas of the institution to better manage risk and return dynamics through more granular analytics.

Responsibilities

Financial Reporting

• Analyze financial data and translate into concise summaries for management.
• Monitor security and portfolio level dynamics which may have an impact on the company’s financial results.
• Collaborate with IT and business units to advance the company’s reporting capabilities and improve accuracy of the data.
• Maintain and develop various financial models and standard templates, ensuring quality, accuracy and focused analytic review.
• Research and resolve problems and errors in data from financial reporting systems.

Transaction Management

• Own critical components of fixed income transacting with an emphasis on accuracy and compliance validation.
• Ensure trading activity is appropriately recorded in the institution’s bond accounting and transaction recordkeeping software.
• Monitor transactions from their trade date through settlement and identify any discrepancies between trade and settlement values. Own the resolution of discrepancies through engagement with multiple internal and external parties.
• Coordinate with financial planning and analysis colleagues to identify accrued and interest income changes relative to budget based on new purchase activity and portfolio principal runoff.

Process Development & Improvement

• Research and stay apprised of fixed income accounting standards and best practices for appropriately recording complex fixed income securities from the lens of a commercial bank.
• Develop and maintain data sharing frameworks in partnership with financial planning and analysis, accounting, risk, and compliance to help manage overall company performance and risk.
• Leverage tools and techniques to automate reoccurring tasks and data communication to improve efficiency and transparency within the organization.

Qualifications

• Minimum of 3 to 4 years of relevant experience with requisite competencies.
• Four-year undergraduate degree in Accounting, Finance, Business Administration, or related field of study.
• Professional designations, certifications, or licenses (examples: CFA, FRM, CPA), or progress towards desirable.

Cultural Alignment

Choice is #PeopleFirst, banking second.

People don’t need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities.

In contributing to our culture, Choice team members are guided by our core values.

• Embrace change and encourage innovation.
• Know when to ask for help and know when to offer help.
• Better the places we live.
• Work hard. Do the right thing. Have a little fun.

Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values.

Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work. Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve. Be welcome at Choice. We can see you here.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)