Senior Analyst, Shared Services

Boston, Massachusetts
Not Specified
Nov 20, 2020
Jan 17, 2021
Job Type
Not Specified
Career Level
Not Specified

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Advance your career at Liberty Mutual Insurance a Fortune 100 Company!

Liberty Mutual Investments (LMI) is a seeking a Senior Analyst to join its Investment Operations team supporting a number of operational functions. The Shared Services team supports a series of control and oversight functions across the transaction lifecycle at LMI, including reconciliation, derivative oversight, pricing/valuation, security master, and new account opening. The Senior Analyst will work with the Manager and Process Lead of the Shared Services team and is responsible for supporting team deliverables/mandates. The individual hired will be expected to foster an environment of continuous improvement and assist/participate in initiatives that enhance operational efficiency and control.

Job Responsibilities:

  • Coordinate clearance of cash and security reconciliation breaks between LMIs ABOR/IBOR and ABOR/Banks
  • Oversee third party outsourced relationship tasked with managing core operational workflow in LMIs reconciliation platform
  • Produce and communicate daily and weekly metrics assessing reconciliation break volume, risk and efficiency
  • Work closely with LMIs Accounting team to ensure timely and accurate month-end close of LMIs ABOR
  • Conduct secondary reconciliation functions associated with local bank relationships, derivatives, vaulted securities, and other non-industrial reconcilements
  • Partner with internal and external audit to ensure core reconciliation controls are well documented and adhered to
  • Support multiple components of the derivative lifecycle within LMI, including trade capture, security master, validation, and daily/monthly counterparty reconciliations
  • Provide oversight and governance for LMIs 3rd party derivatives outsourcing partner

Qualifications & Skills:

  • Bachelors Degree in Finance, Accounting, Business or related field is required.
  • Requires a minimum of 5-7 years of relevent work experience in Investment Operations or Reconciliation function within Financial Services
  • Working knowledge across multiple investment strategies, including fixed income, equity, and derivative instruments
  • Strong business aptitude, including written, verbal, communication and time management skills.
  • Proven ability to multi-task across projects/requests, work well under time demands, and drive deadlines.
  • Proficient with Microsoft Office, especially excel, and propensity to quickly learn new applications, processes, and areas of business.
  • Detail-oriented, with strong organizational, analytical, and problem-solving skills.
  • Highly motivated with the ability to work effectively independently and within a team.
  • Familiarity with Reconciliation tools, Blackrock Aladdin OMS and/or SimCorp Dimension ABOR is preferred but not required.
  • Ability to work with management and key stakeholders in various departments.

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