Operations Manager
4 weeks ago
About the Role
We are seeking an experienced Operations Manager to oversee and manage all day-to-day operating processes for the Separately Managed Accounts (SMA) in our Managed Accounts Department.
The successful candidate will be responsible for organizing and overseeing the processes of the Operations Specialists staff and the Operations Analysts staff, ensuring that all controls and procedures maintain the accuracy, completeness, and timeliness of data required by the business on the recordkeeping systems utilized.
Key Responsibilities
- Oversee and manage all day-to-day operating processes for the SMA
- Organize and oversee the processes of the Operations Specialists staff and the Operations Analysts staff
- Ensure that all controls and procedures maintain the accuracy, completeness, and timeliness of data required by the business on the recordkeeping systems utilized
- Daily interactions with Investment Management professionals and trading as well as external clients and vendors/service providers regarding operation data and reconciliations, systems functionality, and client service and reporting inquiries and requests
Requirements
- Bachelor's Degree or a comparable combination of education and professional and/or military experience may be considered
- Bachelor's degree in business-related major (Finance/Accounting/Business) preferred
- Five years of operational experience in managed accounts; experience with settlements required; operational management and supervisory experience preferred
- Familiarity with trade processing, settlement, and reconciliation required
- Experience with MS Office products (Excel, Word)
- Experience with fixed income securities, sponsor systems financial services software (Advent InvestorTools, or equivalent) preferred
About Us
We believe our employees are our most important asset. Therefore, we offer benefits programs designed to help you and your family thrive, training programs to advance your professional development, and opportunities for you to give back to the community.
Our Offerings
- A competitive total compensation package, including bonus programs designed to recognize and incentivize our employees to do their best every day
- Time off programs including paid vacation, parental leave, and a volunteer day to help you stay healthy and connected to the things that are important
- Opportunities to expand your professional network within the firm and the community through participation in programs such as the Women in Investing Employee Resource Business Group and the University Ambassador Program
Location
Chicago, IL 60654
Hybrid in-office work schedule
About Federated Hermes
At Federated Hermes, our goals are to help individuals invest and retire better, to help our clients achieve better risk-adjusted returns, and to contribute to the positive outcomes in the wider world.
We pledge to always putting our clients first and to acting responsibly and transparently.
Our commitment to active, responsible investment has enabled us to become a leading investment manager with $778.7 billion in assets under management; serving investors around the world.
We provide careers opportunities that have enabled our employees to grow and meet their career aspirations while balancing the needs of their personal lives.
We offer a collaborative environment that promotes doing things the right way and always with integrity, sharing ideas to drive positive change, and following through on our commitments.
We promote teamwork and foster a diverse, inclusive, and respectful workplace where unique perspectives, ideas, and experiences are recognized and appreciated for the contributions they bring.
We are committed to providing equal employment opportunity in all aspects of employment.
As part of the company's equal employment opportunity policy, Federated Hermes takes affirmative action to ensure that minorities, females, veterans, and qualified people with disabilities are considered for employment and promotional opportunities.
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