POSITION TITLE: OPERATIONS ANALYST, MANAGED ACCOUNTS
DEPARTMENT: FEDERATED INVESTMENT COUNSELING
1 Year experience or college internship in related area preferred
Bachelor’s Degree or relevant experience in lieu of degree; Business related major (Finance/Accounting) preferred
General understanding of investments and financial markets required
Strong Excel skills required
Knowledge of domestic equity and/or fixed income securities preferred
Excellent math and accounting skills preferred
This position provides operational support to trading and portfolio management for all related accounts related to the Separately Managed Accounts (“SMA”) group by completing a pre-assigned portion of pre-market open reconciliations each morning, then devoting the remainder of the day to new account processing and any necessary regular processing and task oversight.
Reconciling discretionary SMAs prior to market open (equity and fixed income strategies), including pre-market open reconciliations, communication with Trading about position breaks, researching cash breaks and maintenance of the various Portfolio Accounting Systems
Processing discretionary SMA client requests
Review and processing of new account documents for completeness and accuracy, including:
Assessing the potential client’s suitability for the investment strategy
Setting up new accounts
Coordinating “first day of trading” for new accounts
Responding to inquiries from Sponsors, brokers, consultants, and Sales staff regarding new account processing matters
Preparing internal reports for Federated management regarding new account activity and the status of in process new accounts
7:00 a.m. - 3:30 p.m. (overtime as required)
Federated Investors Tower – Pittsburgh, PA 15222
Strong interpersonal and communication skills
Must be detailed oriented and work well with deadlines
Strong analytical and problem-solving abilities skills
Process oriented with the ability to manage multiple tasks simultaneously
Federated Investors, 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.
Internal Number: 7816
About Federated Investors, Inc.
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 $500 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.