Aflac
Asst. VP, Trade Operations
New York, NY | $68K - $175K
Qualifications
- 7+ years of relevant work experience in financial services technology and trade operations management (preferably life insurance and/or asset management.)
- Direct experience in Fixed Income, Private Placements and Derivatives operations with minimum of 5 years
- B.A. / B.S degree in accounting, finance, business, data science, computer science or similar quantitative disciplines
- Ability to work accurately and efficiently under tight deadlines and independently with minimal supervision
- Experience with Markit, DTCC CTM, IVP, Tri-Optima, FX ALL, Aladdin, and Bloomberg Products
- Highly organized with superior attention to detail with an ability to analyze large amounts of data and extract meaningful information and identify findings in a succinct format
- Be able to identify and improve data accuracy and processes used in production of financial, accounting and investment reporting purposes
- Excellent verbal and written communication skills, ability to present and articulate issues clearly and succinctly with all levels of management, variety of internal and external stakeholders
- A team player with a strong work ethic and professional attitude
- Reliable and punctual, self-starter with excellent problem solving skills
- Ability to work effectively with other individuals and departments
- Applicants with criminal histories are encouraged to apply
Responsibilities
- GI utilizes a rigorous approach to deploying and managing assets driven by a disciplined strategic asset allocation which establishes portfolio parameters based on long term expectations for performance
- Working as a key member of Aflac Global Investments (GI) and the Global Trade Operations Management team in New York City, collaborate on the design, development, implementation and maintenance of the trade operations workflows
- The position requires expertise in the asset management, knowledge of fixed income, private placements, derivatives (spots, forwards, options, swaps) and related middle and back office daily operational processes
- The role includes performing daily operational tasks, interacting with service providers and counterparties, making process improvement recommendations that enhance the value, efficiencies and automation of Global Investments Trade Operations
- In addition to the daily responsibilities described below; the AVP, Trade Operations will also work on broad range of projects and help to support communications with colleagues in Japan Operations and other key stakeholders (to foster a more efficient work-stream
- Reports to: Vice President, Head of Trade Operations, U.S
- Other Relationships: Japan Operations, Risk, Compliance, IT, Investment Accounting, Custodians, Treasury, FP&A and other key stakeholders
- Provide trading workflow operational support to ensure trade matching and settlement, engage with custodians and internal stakeholders, researching and resolving all trade discrepancies with counterparties
- Reconcile cash, investment activity and positions between order management system, custodians and accounting systems
- Maintain books and records in compliance with regulatory requirements
- Set up accounts with brokers and custodians
- Execute money movement transactions including internal transfers and outgoing wires
- Assist with set up and maintenance of SSIs
- Monitor and execute corporate action events
- Experience with margin and collateral managements and counterparty interactions
- Daily cash management and cash balance monitoring
- Monitoring and supporting securities lending program
- Assist and support day to day management of global custodians
- Collaborate and contribute to the advancement of controls and process documentation to enhance the control environment
- Assist in identifying gaps in procedural documentation and making the necessary updates
- Work with vendors and internal groups to evaluate the operational requirements to support existing and new investment instruments and account types
- Lead the advancement of investment trade operations reports, KPIs and processes, ensure all systems and applications have strong process workflow, minimizing errors and time
- Work with Japan Operations as necessary to help communicate global workflows
- Participate or lead in ad-hoc projects
Benefits
- The range on this positions is: $68,000 to $175,000
- This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate
- In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, and generous paid time off
- You’ll also be granted time off for designated paid holidays and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being
- 10,001+ employees
- Insurance, Finance, Financial Services, Health Care, Healthcare, Investment Services, Life Insurance, Employee Benefits, Accident and Health Insurance Carriers, Insurance: Life, Health (Accident and Health)
- Public Company
- Founded: 1955
- Columbus, GA
- Company Specialties:
Employee Benefits, Broker Relationships, PEO, Small Business, and Individual Policies
Company information
Over 50 Million people worldwide have chosen Aflac because of our commitment to providing customers with the confidence that comes from knowing they have assistance in being prepared for whatever life may bring. With Aflac, whether you're a large business or a small one, you can provide your employees with the kind of benefits they’d expect from a bigger company, helping your business stand out from the crowd. Hundreds of thousands of businesses across the United States already make Aflac available to their employees—at no direct cost to their company. Choose from a wide range of products that can help your employees with health events—from accidents, to disability, to cancer, to life insurance. Your employees enjoy benefits from Aflac, all employee-paid. Please check out aflac.com for more information.
