CAREER OPPORTUNITY #: 7991

POSITION TITLE: GIPS/INSTITUTIONAL PERFORMANCE SPECIALIST

DEPARTMENT: GIPS/INSTITUTIONAL PERFORMANCE

POSITION SPECIFICATIONS:

• 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

MAJOR DUTIES:

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:

GIPS:

• 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

HOURS/LOCATION:

• 8:30 a.m. - 5:00 p.m. (Overtime as required)
• Federated Hermes Tower – Pittsburgh, PA 15222

EXPLANATORY COMMENTS:

• 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.

For consideration, go to https://careers.federatedinvestors.com/psp/PSEXT/EMPLOYEE/HRMS/c/HRS_HRAM.HRS_APP_SCHJOB.GBL?Page=HRS_APP_JBPST&Action=U&FOCUS=Applicant&SiteId=11&JobOpeningId=7991&PostingSeq=1

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

EOE