Manager, Managed Accounts Operations

Manager, Managed Accounts Operations

Federated Hermes Career Opportunity #9316

We have an exciting opportunity for a Manager, Managed Accounts Operations in the Managed Accounts Department in Chicago, IL! (hybrid)

What You’ll Do

As a Manager, Managed Accounts Operations, you’ll have the opportunity to oversee and manage all day-to-day operating processes for the Separately Managed Accounts (SMA). The Manager will be responsible for organizing and overseeing the processes of the Operations Specialists staff and the Operations Analysts staff and will ensure that all controls and procedures maintain the accuracy, completeness, and timeliness of data required by the business on the recordkeeping systems utilized. Daily interactions with Investment Management professionals and trading as well as external clients and vendors/ service providers regarding operation data and reconciliations, systems functionality, and client service and reporting inquiries and requests is required.

The Expertise We’re Looking For

• Bachelor’s Degree or a comparable combination of education and professional and/or military experience may be considered. Bachelor’s degree in business related major (Finance/Accounting/Business) preferred.
• Five years of operational experience in managed accounts; experience with settlements required; operational management and supervisory experience preferred.
• Familiarity with trade processing, settlement and reconciliation required.
• Experience with MS Office products (Excel, Word)
• Experience with fixed income securities, sponsor systems financial services software (Advent InvestorTools, or equivalent) preferred.

Our Investment in You

We believe our employees are our most important asset! Therefore, we offer benefits programs designed to help you and your family thrive, training programs to advance your professional development and opportunities for you to give back to the community. Our offerings include:

• The annual base salary range for this position is $79,580 - $147,220. In determining salary multiple factors will be taken into consideration such as primary work location, experience, education and skill set. In addition to base salary, this position includes eligibility for a bonus.
• We offer our Employees (and, as applicable, their dependents) medical, dental, prescription, vision, and basic life insurance benefits. Additionally, Employees are eligible to enroll in our company’s 401(k) plan. Each calendar year employees are eligible for paid leave which includes fifteen vacation days, seven ill days, and ten holidays. For more information, please click the following Link: Careers
• Opportunities to expand your professional network within the firm and the community through participation in programs such as the Women in Investing Employee Resource Business Group and the University Ambassador Program.
• Location - Chicago, IL 60654
• Hybrid in-office work schedule

About Federated Hermes

At Federated Hermes, our goals are to help individuals invest and retire better, to help our clients achieve better risk-adjusted returns, and to contribute to the positive outcomes in the wider world. We pledge to always putting our clients first and to acting responsibly and transparently. Our commitment to active, responsible investment has enabled us to become a leading investment manager with $829.6 billion in assets under management; serving investors around the world.

We provide career opportunities that enable our employees to grow and meet their career aspirations while balancing the needs of their personal lives. We offer a collaborative environment that promotes doing things the right way and always with integrity, sharing ideas to drive positive change, and following through on our commitments. We are motivated by a higher purpose and always consider the impact of our work. We promote teamwork and foster a diverse, inclusive and respectful workplace where unique perspectives, ideas and experiences are recognized and appreciated for the contributions they bring.

For consideration, please visit our company website and reference job #9316

For additional information, please visit FederatedHermes.com

Federated Hermes, Inc. offers a competitive salary and benefits package along with a professional environment.

Only those candidates in whom we have an interest will be contacted.

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 firm’s 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.