Job Description
Middle Office Senior Specialist II at Voya Financial, Inc summary:
The Middle Office Senior Specialist II supports investment teams by managing trade capture, monitoring, settlement, and risk mitigation across various asset classes including derivatives and fixed income securities. This role involves collaboration with trading, portfolio managers, compliance, legal, and accounting to ensure trade accuracy, resolve complex issues, and improve operational processes. The specialist also oversees back-office activities, client onboarding, and industry event processing to maintain smooth investment operations and reduce risks.
Together we fight for everyone's opportunity for a better financial future. We will do this together - with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone's access to opportunities. The status quo is not good enough ... we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.
Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with - and those we acquire throughout our lives - are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.
Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage - Apply Now Get to Know the Opportunity The Middle Office Senior Specialist's primary function is to support the Investment teams by implementing a thorough trade capture, trade monitoring, trade settlement and risk mitigation framework. Responsibilities in this role includes close interactions with various business partners including trading, Portfolio managers, technology, sales, compliance, legal, internal/external vendors, and accounting.
The Contributions You Will Make - Support Front office/Investment teams by providing trade support for all asset classes including derivatives, fixed incomes securities, private debt, and equities.
- Participate in trade collection of fixed income securities and complex derivative products including review of legal confirmations and reconciliations to ensure accuracy of transactions.
- Resolve complex trade issues that require extensive evaluation.
- 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.
- Implement improvements in execution 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.
Minimum Knowledge and Experience - 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.
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Compensation Pay Disclosure: Voya is committed to pay that's fair and equitable, which means comparable pay for comparable roles and responsibilities.
The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.
Actual compensation offered may vary from the posted salary range based upon the candidate's geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
$90,000 to $110,000 USD
Be Well. Stay Well. Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That's why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.
What We Offer - Health, dental, vision and life insurance plans
- 401(k) Savings plan - with generous company matching contributions (up to 6%)
- Voya Retirement Plan - employer paid cash balance retirement plan (4%)
- Tuition reimbursement up to $5,250/year
- Paid time off - including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
- Paid volunteer time - 40 hours per calendar year
Learn more about Voya benefits (download PDF)
Critical Skills At Voya, we have identified the following critical skills which are key to success in our culture:
- Customer Focused : Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
- Critical Thinking : Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
- Team Mentality : Partnering effectively to drive our culture and execute on our common goals.
- Business Acumen : Appreciation and understanding of the financial services industry in order to make sound business decisions.
- Learning Agility : Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.
Learn more aboutCritical Skills
Equal Employment Opportunity Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.
Reasonable Accommodations Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.
Misuse of Voya's name in fraud schemes
Keywords:
trade support, investment operations, risk mitigation, derivatives, fixed income securities, portfolio management, trade settlement, financial services, compliance, client onboarding
Job Tags
Full time, Work experience placement, Work at office, Local area, Flexible hours,