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 …