Since 1955, millions of investors in the United States and around the globe have relied on Federated Investors, Inc. (NYSE: FII) for world-class investment management. Federated has grown to become one of the nation's largest investment managers with $367.2 billion in assets under management.
Federated has honed its disciplined investment process over a half-century to deliver style-consistent investment products, including 123 domestic and international equity, fixed-income and money market funds, as well as a variety of separately managed accounts. Federated's diversified product line is distributed through more than 8,400 financial intermediaries and institutions who assist investors in meeting their unique objectives. For additional information about Federated Investors visit FederatedInvestors.com.
CAREER OPPORTUNITY #: 7056
POSITION TITLE: SETTLEMENT ANALYST
DEPARTMENT: IMO - TRADING OPERATIONS
Bachelor degree or equivalent relevant experience in lieu of degree; business related field preferred
Two years’ experience in financial institutions required
Prior experience with and knowledge of settlements for fixed income and equity securities required
Experience with global settlements preferred
Mathematical skills required
PC skills required; solid knowledge of Excel preferred
Competence in Bloomberg, Charles River Order Management System, Omgeo Oasys/Central Trade Manager and/or Depository Trust Company applications preferred
Perform responsibilities for global and domestic settlement cycle processing, including: electronic and manual trade confirmation, web based settlement instructions maintenance, resolution of unmatched market trades, currency netting, fail trade tracking, resolution, reporting and claims management.
Complete responsibilities around derivative management (futures, swaps, options, currency forwards, non-deliverable forwards, short-selling), including: trade confirmation, trade communication, three way position reconciliation, daily market-to-market calculations and analysis, collateral monitoring and management, internal asset segregation, cash movement preparation and reporting.
Provide daily trade servicing, including: repurchase agreement collateral management, bank loan management, cash management and support, sweep re-investment and fluctuating funds investment processing, compliance and management reporting and variable rate reset maintenance and communication.
Monitor internal and external trade routing and delivery, including: trade delivery to custodians, record keepers and interest parties (swift, fax, flat file) and trade capture reporting generation, delivery and issue resolution.
Interact with Senior Settlement Analyst and Manager of Global Settlement Operations regarding oversight and escalation of operational issues.
Work and communicate with all levels of the Trade Support Team, Traders, Portfolio Management, Operations and Technology.
8:30 a.m. 5:00 p.m. (Overtime as required)
Federated Investors Tower – Pittsburgh, PA 15222
Excellent interpersonal and communications skills
Demonstrated ability to make decisions and respond quickly and accurately to issues
Ability to work as a contributing member of a team
Demonstrated ability to multitask with limited direction and supervision
Ability to work within deadlines with attention to detail and accuracy
Federated Investors, Inc. offers a competitive salary and benefits package along with a professional environment.