POSITION TITLE: GIPS/INSTITUTIONAL PERFORMANCE SPECIALIST
DEPARTMENT: GIPS/INSTITUTIONAL PERFORMANCE
Bachelor’s degree or relevant experience in lieu of degree; degree in business related discipline (Finance / Accounting) preferred
3 – 5 Years of investment operations or performance related experience or 1 year experience in GIPS-related position such as verifier, consultant, auditor or GIPS specialist in an investment environment required; 5 years of experience in GIPS-related field preferred
General understanding of investments and financial markets required
Basic familiarity of GIPS required; in-depth knowledge and application of GIPS standards preferred
Understanding of investment performance and calculation helpful; CIPM designation is a plus
Advanced Excel and analytical skills required
Familiarity with StatPro compliance product preferred
This position provides support associated with the retention of Federated Hermes’ GIPS compliant status, ensures firm-wide policies and processes are aligned from a GIPS perspective, and provides support, oversight, and enhancement of various databases utilized for GIPS and Product support.
With regard to GIPS/Institutional Performance, this position provides oversight of Federated Hermes’ GIPS policies and procedures to ensure the firm retains a compliant status; oversees the integrity of the firm’s product database (the Strategy Database); makes recommendations for the enhancement and population of the required data; and develops and distributes ad hoc and standard performance-related reports as necessary to support both internal and external requests for data sourced to various databases. Specific responsibilities include, but are not limited to:
Becomes well versed in all aspects of GIPS industry standards
Maintains the firm’s GIPS compliance policy
Gains an extensive understanding and knowledge of all of the firm’s business lines and products
Gains a thorough knowledge and proficiency specific to the firm’s instance of StatPro product used to retain GIPS compliance and assist with evaluation of upgraded or alternative system(s)
Assumes responsibility for quarterly compliance verification with Federated Hermes’ outside GIPS verifier and coordinates the Federated response during the audit, to ensure continuity and timeliness
Contributes to evaluation of acquired products to ensure portability into the Federated Hermes GIPS firm definition
Strategy Database and Report Development:
Assists with population and verification of the Strategy Database (maintained by the IM Data Analyst) and researches alternative resources for the retention of the data. Evaluates alternative solutions to generate reports required for internal and regulatory reporting
Acts as an additional liaison with regard to Enterprise Data Management (“EDM”) initiative as it develops and transitions portions of the Strategy Database to a new technology
8:30 a.m. - 5:00 p.m. (Overtime as required)
Federated Hermes Tower – Pittsburgh, PA 15222
Demonstrated ability to multitask, problem solve and work effectively in a fast-paced, deadline driven environment
Above average interpersonal, communication, and time-management skills
Ability to perform detailed, highly precise work and adhere to specific work instruction
Ability to perform repetitive or short-cycle work
Ability to influence others to accomplish goals
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.
Internal Number: 7991
About Federated Hermes, Inc.
For more than 60 years, Federated Hermes has provided world-class investment solutions to financial professionals in the United States and around the world. Federated Hermes' employees have defined the qualities of the company’s success over the decades: a reputation for integrity and excellence, a commitment to customers and employees and a history of longstanding client relationships. While each market cycle brings new opportunities and challenges to the company, Federated Hermes continues to foster employee commitment to excellence in the investment management industry.