Middle Office Senior Specialist at Voya Financial

Atlanta, Georgia, United States

Voya Financial Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial ServicesIndustries

Requirements

  • Undergraduate degree in Finance, Accounting, Business Administration, or equivalent work experience
  • 3 to 5 years of Industry experience within Middle office/Derivative Middle office/Accounting
  • Strong computer skills including knowledge of Microsoft products (i.e., Excel, Word, PowerPoint) and other PC-based software
  • Good analytical and quantitative skills
  • Excellent organizational skills
  • Ability to independently prioritize projects and work in a fast paced, multi-task environment
  • Excellent verbal and written communication skills
  • Knowledge of fixed Income securities, equities, and Alternative Assets
  • Proficient with Bloomberg, Tradeweb, Market Axess, Blackrock Aladdin, BNYM NEXEN

Responsibilities

  • Support Front office/Investment teams by providing trade support for all Fixed Income and Equity products
  • Participate in trade capture of complex products including review of reconciliations to ensure accuracy of transactions
  • Coordinate processing of securities transfers, communicate with business partners, and make sure transactions are completed correctly and timely
  • Resolve complex trade issues that require extensive evaluation and perform Life cycle management across all fixed income and equity securities
  • Coordinate onboarding activities for new clients, strategies, products, and asset types
  • Support the Investment Teams to improve quality of information for downstream settlements and lifecycle events, including corporate actions
  • Perform Vendor oversight of key Middle office functions
  • Implement process improvements to mitigate risk
  • Responsible for the day-to-day oversight of our back-office provider including ensuring daily trades are communicated correctly, reconciliations are completed, and variances are resolved timely
  • Oversee the daily processing of Industry events to the Investment Accounting teams
  • Maintain strong working relations with team members, custodians, agents, and our clients
  • Provide ongoing support for Traders and Portfolio Managers

Skills

Key technologies and capabilities for this role

Fixed IncomeEquityTrade CaptureTrade MonitoringTrade SettlementRisk MitigationReconciliationsSecurities Transfers

Questions & Answers

Common questions about this position

What are the main responsibilities of the Middle Office Senior Specialist?

The role involves supporting Investment teams with trade capture, monitoring, settlement, and risk mitigation for Fixed Income and Equity products, resolving complex trade issues, coordinating onboarding, and overseeing vendor functions.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like at Voya Financial?

Voya Financial emphasizes a purpose-driven culture focused on fighting for financial opportunities, valuing diversity and inclusion, and fostering an environment where employees bring their whole selves to work to positively influence culture, clients, and communities.

What skills or experience make a strong candidate for this position?

Strong candidates will have experience with Fixed Income and Equity products, trade capture and reconciliation, resolving complex trade issues, lifecycle management, vendor oversight, and maintaining relationships with traders, portfolio managers, and business partners.

Voya Financial

Provides financial services and retirement solutions

About Voya Financial

Voya Financial offers a range of financial services, including retirement plans, investment management, and insurance products, to help individuals and businesses achieve financial wellness. Their services cater to individuals seeking retirement planning, employers looking to enhance employee benefits, and institutions needing tailored investment management. Voya stands out from competitors through its commitment to inclusiveness and corporate responsibility, which helps attract clients and talent. The company's goal is to build long-term relationships with clients, ensuring they achieve financial confidence and a fulfilling life.

New York City, New YorkHeadquarters
2014Year Founded
IPOCompany Stage
Fintech, Financial ServicesIndustries
5,001-10,000Employees

Benefits

Health Savings Account (HSA)
Flexible Spending Accounts (FSA)
Rally wellness program
Employee Assistance Program (EAP) and Work Life Services
Behavioral Health Family Support Program
Livongo support for diabetes, hypertension, and weight management
AccessHope cancer support
Wellthy caregiving assistance
Back-up child care and elder care
Health Advocate
ABLE accounts
Legal insurance
Identity theft protection
Voya Foundation Matching Gift Program

Risks

Increased competition from fintech companies may erode Voya's market share.
Operational challenges in integrating OneAmerica's business could affect service quality.
Regulatory scrutiny on fees may impact Voya's pricing strategies and profitability.

Differentiation

Voya's commitment to inclusiveness and corporate responsibility sets it apart in the market.
The acquisition of OneAmerica's retirement plan business expands Voya's client base significantly.
Voya's focus on digital financial planning tools enhances client engagement and satisfaction.

Upsides

Voya's ESG commitment aligns with the growing investor focus on sustainable investing.
The financial wellness market's growth offers significant opportunities for Voya's programs.
AI integration in investment management can enhance Voya's strategies and client outcomes.

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