Junior Portfolio Operations Analyst at VanEck
VanEck is a privately held global asset management firm founded in 1955. We develop forward-looking, intelligently designed, active and ETF strategies that strengthen long-term portfolios. Portfolio Operations is 17 people on four teams: Trade Settlements, Reconciliation and Performance, Reporting Analytics, and Security and Portfolio Analytics. The majority of the team is based in Tampa with the remainder based in NY. The Portfolio Operations teams work closely with professionals throughout the entire firm including portfolio managers, trading, marketing and IT. As this position provides broad based exposure to our entire organization, it is an excellent opportunity for a recent college graduate interested in the asset management industry.If you are a high-energy individual with a strong work ethic, excellent team skills, and outstanding communication skills, we would like to speak with you.Essential Duties and Responsibilities:Includes the following, other duties may be assigned as needed:Responsible for the internal books and records of the portfolio including monthly performanceDaily reconciliation includes performance, transactions and positions between internal systems and/or custodians/administratorsMonthly reconciliation combines a review of daily results with monthly signoff proceduresResearch discrepancies that might occur due to mismatch trade information, pricing issues, corporate actions or system processing; liaise with other areas to ensure corrections are completed in timely manorUtilize portfolio systems (accounting, performance and other databases) to reconcile portfolios; access Bloomberg, custodian websites to analyze dataQualificationsPassion for investing and a strong understanding of financial marketsKnowledge about different asset classes (equity, fixed income, spots, forwards, options, futures, swaps) and investment products (mutual funds, ETFs, hedge funds, separately managed accounts)Quantitative orientation; track record of data analysisAbility to understand the business objectives and processes of the firm including how data flows throughout the different systems and organizationExposure to financial systems and software packagesAdvanced knowledge of Excel; broad experience using computer softwareEducation and/or ExperienceBachelor Degree in business, finance, accounting, economics or relevant degreeRecent graduate (2019- 2020)Internship in financial organization preferredGeneral CompetenciesTo perform the job successfully, an individual should demonstrate the following competencies:Track record of hands-on problem solvingAbility to analyze dataHistory of successful multitaskingStrong communication skillsHistory of successfully working in teamsAbility to work independently and take a task to completionUnderstanding how to prioritize projects and when to escalate issuesLanguage and Communication SkillsStrong communication skills, sharing important information with other departmentsCandidate needs to work with peers, portfolio managers and third party representativesAll qualified applicants will be afforded equal employment opportunities without discrimination because of race, creed, color, national origin, sex, age, disability or marital status.