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Investment Analyst - Back Office

Nationwide

Nationwide

IT
Columbus, OH, USA
Posted on Oct 13, 2024
As a team member in the Finance and Internal Audit department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

As an Operations Investment Analyst for Nationwide Investment’s fixed income portfolio, you'll collaborate with cross-functional teams to ensure efficient trade settlement and transaction processing while driving continuous improvement in operational processes. Your expertise in data quality and reconciliations will be pivotal to our success, providing you with a dynamic environment for professional growth and development. This role provides unparalleled opportunities for growth, creativity, and collaboration in a fast-paced, exciting environment where your ideas truly matter.

This Columbus based hybrid position is an Investments E Band role.

This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program

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Job Description Summary

Nationwide’s vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses and futures with extraordinary care. The Nationwide Investments team manages approximately $130 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results.

The Fixed Income Operations - Investment Analyst position is responsible for operational processes supporting portfolios managed by Nationwide Investments. The position is responsible for performing a variety of operational functions with a focus on daily trade settlement, transaction processing, custodian cash and asset reconciliations for Public Fixed Income, Private Placements, Bank Loans and Commercial Mortgage Loans.

Job Description

Key Responsibilities:

  • Works closely with front office, operational, technology and controllership teams to support various operational processes in order to ensure timely, accurate and efficient flow of fixed income and/or commercial mortgage loan transactions.

  • Focus on data quality of transaction processing and security set-up to ensure accurate data is moving within and between subsequent downstream investment systems and reporting environments.

  • Assist with processing core transactions in Front/Middle/Back Office Accounting systems.

  • Assist with comprehensive reviews of open payables, open receivables, unapplied cash for assigned CUSIPs and review all trades across assigned portfolios.

  • Support the reconciliations of all securities held across all systems and all custody types. Resolve variances with corresponding party (internal and external).

  • Works with the Data Management and Reporting team on assigned reporting tasks, as well as supports the completion and maintenance of critical reporting.

  • Recommends changes to enhance, build or improve existing controls and procedures using Continuous Improvement methods

  • Support internal/external audit engagements, regulatory inquiries, and Financial Reporting Controls.

May perform other responsibilities as assigned.

Reporting Relationships: Fixed Income Operations - Investment Professional

Typical Skills and Experiences:

Education: Bachelor’s Degree in Accounting, Business Administration, Finance or an equivalent field.

Experience: 2 to 5 years in Investment Operations, Business Intelligence Reporting, Investment Accounting, or Financial Service industries.

Knowledge, Abilities and Skills:

  • Be solution-oriented and make quick, data-minded decisions

  • Finding opportunities to enhance knowledge and skills

  • Trying new things, asking questions, searching for answers, and taking in new information

  • Build meaningful connections across Investments

  • Basic understanding of Fixed Income Securities

  • Ability to navigate and understand differing software packages including advanced Microsoft Excel skills

  • Basic understanding of data and data flow

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment. Some travel may be required.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.