Analyst Settlements

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

Responsible for ensuring proper settlement of domestic and foreign securities and derivative trades executed in GWLA's general account, managed separate accounts, and the Great-West Funds. Supports the team staff to complete their tasks by providing coverage or helping create processes to mitigate risk and increase efficiency.

What you will do:

• Ensure internally executed trades flow properly from the Trading System to the Accounting system.
• Confirm trades with counterparties.
• Notify custodian banks of pending trade settlement and ensure that trades settle properly.
• Trade responsibilities will include the more complex asset classes such as processing and tracking TBA's & dollar rolls, bank loans, and derivatives. Analyzing the transactions related to these strategies and confirming accurate wires and settlement with the counterparties.
• Perform team support role, including process improvement, testing system upgrades and enhancements, developing trade messages for accounting system, and working with outside vendors for sub advised trade loads.
• Resolve trade settlement issues with counterparties with minimal supervisor assistance.
• Perform quality reviews for trades and security setups from the team, to ensure accurate processing.
• Process swap payments, communicating and confirming payment details with counterparties prior to settlement.
• Fund new private placements and bank loans, communicating with internal traders and legal group.
• Coordinate and process forward foreign currency contract settlements with multiple counterparties.
• Support the Manager, Settlements with resolving complex trade settlement issues, assisting in training new personnel and taking on additional duties as assigned.

What you will bring:

• Bachelor's degree in Accounting or Finance. (accounting preferred)
• More than three (3) years of directly related experience in the investment administration area of a financial industry firm.
• Without a degree, an additional two (2) to four (4) years of directly related experience is required.

What will set you apart:

• Intermediate or Advanced Excel skills Detail oriented and self starter Autonomy:
• Receives general assignments with few instructions and operates with limited independence Financial Responsibility:
• Failed trades and/or the failure to follow control procedures could cost the Company significant lost income Supervisory Responsibilities:
• Senior or Lead role but no direct reports

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• Medical, dental, vision and life insurance
• Retirement savings - 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire - including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time - 16 hours per calendar year
• Leave of absence programs - including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.

Base Salary Range

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Equal opportunity employer * Drug-free workplace

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***

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