Investment Operations Analyst Lead

About the role

As a dedicated Investment Operations Analyst Lead you will be responsible for researching new securities purchased in the institutional portfolios for the Association. Study securities on the Bloomberg terminal and works with USAA Traders, Strategists, Asset Managers and Reporting Analysts and consults other market data sources to further research securities. This role is responsible for creating, defining, and maintaining securities records in the order management, accounting and data warehouse systems, as well as, monitoring post-trade compliance triggers. Partners with external organizations such as investment custodians and software vendors to help facilitate the post-trade, pre-accounting operations of USAA's institutional portfolios. We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, or Charlotte, NC. Relocation assistance is not available for this position.

Responsibilities

• Identify and manage existing and emerging risks that stem from business activities and the job role.
• Ensure risks associated with business activities are effectively identified , measured, monitored , and controlled.
• Follow written risk and compliance policies, standards and procedures for business activities.
• Leverages subject matter expertise to provide guidance and implement process improvements on valuing complex new securities and completing securities transactions data entry (sector, security type, collateral type, issuer, obligor, sponsor, guarantor).
• Validates accuracy of all corrections to reported security master data errors and ensures reviews are completed on all data error corrections across multiple reviewers and preparers.
• Responsible for diagnosis and investigation of complex system and data problems and determining root cause of errors, which may include integrated systems and data linkage. Partners with Portfolio Strategists, Traders, and Investment Accounting areas to ensure issues are resolved.
• Leads identification and corrections of complex trade data problems across different asset managers and formats. Notifies Compliance, traders and portfolio managers of any compliance violations as required by compliance/regulatory requirements.
• Leverages subject matter expertise to facilitate discussions with Asset Managers or Custodian Banks to discuss operational matters, including vendor management, scorecard reviews, and engaging vendors for problem resolution.
• Identifies approach to closing gaps that may arise from control testing, audit and QA of requests and assists with Issue management. Peer Reviews corporate actions.
• Provides advanced user support and configuration assistance to other members of the cross-functional investment management group; may independently prepare and support user access reviews for middle office.
• Leverages expertise in investment management systems to perform investment operations or middle office functions and in-depth knowledge of applications to serve as SME in system enhancement efforts and projects.
• Identifies opportunities and potential solutions on functional processes that adhere to compliance and regulatory requirements. Responsible for more detailed and time-consuming efforts and initiatives.
• Ensures timely execution of trade reconciliations, regulatory reporting, collateral processing and SMF reviews.
• Responsible for projects from start to completion, including coordination of project work, resourcing, and testing across the team.
• Assigns and directs work of other analysts and represents Investment Operations in the absence of the Director.
• What you have:
• Bachelor's degree; OR 4 years of related experience (in addition to the minimum years of experience required ) may be substituted in lieu of degree.
• 8 years of experience in investment operations or middle office functions within the financial services industry.
• Subject matter expertise and demonstrated application of Securit

Benefits

Additional Information

Why USAA? At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families. Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful. We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.

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