Investment Operations Specialist Job at Randstad USA, Wellesley, MA

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  • Randstad USA
  • Wellesley, MA

Job Description

Investment Operations Specialist

Job Details:

Location: Wellesley, MA(On-site)

Employment Type: Long term Contract assignment (12 months)

Work Schedule: Standard working hours, Eastern Time Zone

Pay Rate Range : $33.65-$37.25/hr

We are seeking a highly critical, detail-oriented Specialist to join our client's team servicing institutional insurance clients and private wealth accounts. This individual contributor role requires strong analytical skills and the ability to operate effectively within a deadline-driven environment.

Key Responsibilities

  • Accurately process and report on trade, cash, and corporate action lifecycle activities in a timely manner.
  • Troubleshoot basic trade, cash, and corporate action issues and identify data discrepancies.
  • Ensure the integrity and timeliness of financial data and safeguard assets through proper control applications.
  • Partner with custodian banks, front office, brokers, and external managers to resolve trade and/or cash issues.
  • Maintain full accountability for all operational processes, including cash forecasting, trade processing & settlement, reconciliations, and corporate actions.
  • Provide trade and security information for external client reporting.
  • Meet individual performance targets and contribute to team performance metrics.
  • Communicate issues to immediate team members and explain complex trade issues clearly.

Qualifications and Experience

Must-Haves:

  • Undergraduate education in Business.
  • 3-5 years of experience in an Operations, Custodian, Insurance, Investment Firm, or Corporate Banking environment performing processing, settlements, pricing, and/or reconciliation tasks.
  • Proficiency in Microsoft Office suite, particularly Excel .
  • Knowledge of financial markets and investment products.
  • Strong analytical and problem-solving skills.
  • Excellent attention to detail when reconciling and identifying variances.
  • Ability to work effectively in a fast-paced, team-oriented environment.
  • A solid understanding of trade, cash, and corporate action lifecycle basics.
  • Excellent verbal and written communication skills.
  • Ability to work US and CAD holidays (rotating schedule).

Nice-to-Haves/Assets:

  • Prior experience with Blackrock or Aladdin applications.
  • Bloomberg, IDC/ICE, or Reuters research experience.
  • Working knowledge of fixed income investment products is preferred.
  • Excel experience with pivot tables and VLOOKUP.

Job Tags

Long term contract, Work at office, Immediate start,

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