Investment Middle Office - Product Development - Associate

Aumni

Aumni

Product
New York, USA
Posted on Jul 4, 2024

Job Description

The Securities Services business provides middle office services, custody, accounting and administration for investment managers and asset owners, including mutual funds, hedge funds, private equity, real estate funds, pension funds, and fund of funds.

Position Summary:

As an Investment Middle Office Service (IMOS) Product Development Associate will drive design and delivery of key aspects of the strategic middle office product, leveraging firm-wide capabilities to implement efficient and competitive product solutions. You will work with product management, technology and operations team to define requirements, perform business and data analysis, and drive execution for key programs across to support the middle office business and its clients. The IMOS offering covers functionality across trade validation and enrichment, confirmation, settlements, collateral management, asset servicing, trading asset records, reconciliations, reporting/portal/data services, all across multiple asset classes. In addition to interfacing with product, operations, and product teams, you will have an opportunity to further develop expertise across custody and trading products, asset manager and market processes. Given the pace of change, responsibilities of the role will include strategic thinking on FinTech, Big Data, etc. to provide a competitive product to the market.

The primary responsibility will be managing further build out of the Investment Book of Record data services as well as the settlement and position keeping platforms, the objective being to deliver enhancements through operating model efficiencies, increased product coverage as well as scalability for further client onboarding.

You will also assist with driving the strategic vision for the platform with senior Operations and Technology stakeholders as we onboard further products and processes, hence strong cross functional and cross asset class skills are a must.

Job Responsibilities

  • Design and deliver against the strategic IMOS roadmap through the full project life cycle, including analysis, design of the client/user experience, service model and testing / migration of the components for delivery.
  • Identify opportunities for product improvement and differentiation, efficiency and standardization, present and drive process improvements.
  • Partner with the technology team to execute the program, providing requirements and ensuring delivery is on time and on budget
  • Communicate progress of the product development effort with all levels of the organization to keep team members and leadership apprised of progress and challenges.

Required qualifications, capabilities, and skills:

  • Experience with middle office service functions or products
  • Knowledge of IBOR and/or Investment Accounting Data
  • Experience designing and creating new products, providing client focused solutions or enhancing existing products
  • Energetic self-starter with ability to drive delivery of the strategic vision with demonstrated effectiveness leading a multi-disciplinary team
  • Excellent communication capabilities, clearly and succinctly message with appropriate level of detail to cross-functional teams, senior management, and clients
  • Strong collaboration skills, able to work with many different individuals and partner effectively with different groups
  • Strong program management skills, must be organized and able to develop a program plan and break down into achievable deliverables
  • Proven track record of effectively resolving issues and conflicts to ensure timely delivery