POSITION SPECIFICATIONS: Bachelors degree in business, economics or
finance or equivalent experience. One year business experience or
college internship in a related area preferred. General understanding of
investments and financial markets. Strong computer skills including
experience with Microsoft Word and Excel required. MAJOR DUTIES: The
purpose of this position is to support the trading, portfolio
management, and proxy voting functions. The Investment Operations
Specialist will have knowledge of all basic functions performed in
Operations including new account initialization, trade support, and
proxy voting. The Investment Operations Specialist will effectively
interface with clients, brokers, and portfolio managers. Support the
trading and portfolio management functions of the Boston office. Conduct
pre-market open reconciliations, process deposit and withdrawal requests
from brokers and clients. Review new account documents for completeness
and accuracy, set up new accounts. Coordinate first day of trading for
new accounts through communication with the client, the Boston trading
desk, and other Investment Operations Specialists. Perform
pre-market-open reconciliation procedures to ensure that client account
data in the portfolio accounting systems is accurate. Researching cash
breaks, maintenance of portfolio accounting systems through the updating
of other client data. Provide a high level of quality service to both
internal and external clients. Answer questions from clients, brokers,
consultants, and sales staff regarding new account processing matters.
Prepare internal reports for management regarding new account activity
and the status of in process new accounts. HOURS/LOCATION: 7:30 a.m. -
4:00 p.m. (Overtime as required) Hybrid work environment (in-office /
remote) Federated MDTA LLC Boston, MA 02110 EXPLANATORY COMMENTS:
Excellent analytical and problem-solving skills, attention to detail,
accuracy, and timeliness Excellent interpersonal and communication
skills with ability to work in a team environment For consideration,
please visit our company website and reference job # 9278 We are
interested in qualified candidates who are eligible to work in the
United States. However, we are not able to sponsor visas. EOE Including
Disability / Vets Federated Hermes is committed to providing equal
employment opportunities in all aspects of employment to qualified
individuals without regard to the following criteria: race, color,
national origin, religion, sex, pregnancy, sexual orientation, gender
identity or expression, mental or physical disability, age, familial or
marital status, ancestry, military status, veteran status or genetic
information as well as any other prohibited criteria under any local,
state or federal law applicable to Federated Hermes. As part of the
firms equal employment opportunity statement, Federated Hermes will also
take affirmative action to ensure that minorities, females, veterans,
and qualified people with disabilities are considered for employment and
promotional opportunities.
