Associate Specialist, MS Ops

ABOUT FACTSET
 

FactSet Research Systems Inc. is a global provider of integrated financial information, analytical applications and industry-leading services for investment and corporate communities. As a publicly traded company (NYSE: FDS NASDAQ: FDS) recently added to the S&P 500 index, FactSet delivers superior content, analytics, and flexible technology to help more than 162,000 users see and seize opportunity sooner. For over 40 years, the company has served financial professionals, which include portfolio managers, investment research professionals, investment bankers, risk and performance analysts, wealth advisors and corporate clients. FactSet gives our clients the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists.

Values that define our culture

We are unified by the spirit of going above and beyond for our clients and each other. We look to foster a globally inclusive culture, enabling our people to be themselves at work and to join in, be heard, contribute, and grow. We continually seek to expand our workforce with diverse perspectives, backgrounds, and experiences. We recognize that our best ideas can come from anyone, anywhere, at any time and help us provide the best solutions for our clients around the globe. Our inclusive work environment maximizes our diversity values, engagement, productivity, and ultimately makes FactSet a fun place to work.

Diversity

At FactSet, we celebrate diversity of thought, experience, and perspective. We are committed to disrupting bias and a transparent hiring process. All qualified applicants will be considered for employment regardless of race, color, ancestry, ethnicity, religion, sex, national origin, gender expression, sexual orientation, age, citizenship, marital status, disability, gender identity, family status or veteran status. FactSet participates in E-Verify.

Department Brief

FactSet’s Managed Services team provides a scalable model with oversight and transparency allowing our clients to focus on more valuable tasks, realize efficiency, and reduce total cost of ownership. Managed Services Operations team is an extension of the Portfolio Services Operations teams (Workflow monitoring, Data recon and Security Modeling) and will focus on the opportunity to build on success of Portfolio Lifecycle solutions for the buy-side and become the premier managed services provider for the investment community.

PROCESS BRIEF
 

The primary function of this position is to perform various tasks related to the production & distribution of Portfolio & Benchmark performance, risk statistics, characteristics, & reporting. The individual will work under minimal supervision. Candidate will be a key resource in process improvement & building strong relationships with client and offshore teams, internal product, and engineering teams. Serves as a first level escalation point for client inquiries regarding the nature of investment products and their portfolios along with inquiries related risk numbers.
The role requires growing expertise in the fixed income risk domain including a solid understanding of portfolio and security level risk modeling techniques, the sources of tracking error, and how the data quality of model inputs (example terms and conditions, pricing) can impact the quality of the analytics and risk model results.

An Associate Reconciliation Specialist (Client & Product Support Team) is responsible to work on daily reconciliation for complex tasks and act as a front line support for all the Client queries received from emails, RPD’s & Issue Trackers and as per process timeliness.

JOB RESPONSIBILITIES & ELIGIBILITY CRITERIA  

• Have a Master’s/Bachelor’s degree or equivalent in Finance, Engineering, or similar fields.

• The candidate should have knowledge of all investment product types, including those used for fixed income mandates (e.g., structured products and credit derivatives).

• Basic understanding of concepts like VaR, Stress Testing, Back Testing etc.

• Understanding of portfolio performance calculations and performance reports associated with accounts and composites.

• Analytically inclined, with knowledge of programming (example Python) being an added advantage.

• Ability to perform financial/mathematical calculations (or analysis) using MS Excel or other relevant tools.

• Knowledge of financial instruments, markets & analytical understanding.

• Ability to work under pressure, perform multiple tasks in a fast-paced, team environment, organize & prioritize workflow.

• Flexible to work in rotational shift including US shift hours.

• Ready to work in a hybrid model.

Learn more about our benefits  here

Returning from a break?

 

We are here to support you! If you have taken time out of the workforce and are looking to return, we encourage you to apply and chat with our recruiters about our available support to help you relaunch your career.