Analyst, Securities Operations
Apply NowCompany: RGA Reinsurance Company
Location: Chesterfield, MO 63017
Description:
Position Overview
RGA Investments
RGA Investments is a global asset manager based in St. Louis, with operations in London, Hong Kong and Singapore; in addition, ReCap Commercial operates in North America. We drive value creation by managing over $67 billion of assets globally for our in-force businesses and supporting future growth through customized portfolio solutions. RGA Investments includes seven core areas: Global Portfolio Management, Investment Solutions, Credit Research and Trading, Commercial Real Estate, Private Debt and Equity, Strategic Execution, and Investment Operations.
Position Overview
The Securities Operations team plays a critical role in the investment life cycle. The team is responsible for supporting all key asset strategies, such as fixed income, middle market bank loans, direct senior, mezzanine, and private equity, equity real estate joint ventures, commercial mortgage loans, and lifetime mortgages. The Analyst will perform crucial day-to-day functions of the firm's $67 billion global, multi-asset class portfolio managed both internally and externally to support Portfolio Management, Investment Solutions, Trading, and Accounting.
Responsibilities
Requirements
EDUCATION AND EXPERIENCE
Required:
Bachelor's degree in Business, Business Administration, Accounting, Finance, Math or equivalent field AND 2+ years investment securities related work experience including work with global and domestic securities operations processing OR
Master's degree in Accounting, Finance, Math, or equivalent field
Preferred:
Reinsurance or insurance industry knowledge
Experience using the BlackRock Aladdin trade order management system, OYSAS, and Bloomberg
Knowledge of MT SWIFT messaging
SKILLS AND ABILITIES
Knowledge of broad investments business practices
Intermediate knowledge of security operation functions
Technology savvy, programming, and process improvement/automation skills
Intermediate investigative, analytical, and problem-solving skills
Excellent organizational ability, being able to multi-task, effectively manage tasks and projects, adapt to new methods, and work under tight deadlines and stressful conditions
Intermediate oral and written communication skills
Intermediate Microsoft Word and Excel
Ability to work well within a team environment and participate in department/ team projects
Intermediate ability to translate business needs and problems into viable/ accepted solutions
Intermediate skills in customer relationship management and change management
Ability to liaise with individuals across a wide variety of operational, functions, and technical disciplines
Knowledge of accounting theory and practices
Company Overview
Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.4 trillion of life reinsurance in force and assets of $84.6 billion as of June 30, 2022. Founded in 1973, RGA today is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri, and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions.
The general pay range for this position is $75K-$100K base per year. Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement and other employee benefits.
#LI-SP1
RGA Investments
RGA Investments is a global asset manager based in St. Louis, with operations in London, Hong Kong and Singapore; in addition, ReCap Commercial operates in North America. We drive value creation by managing over $67 billion of assets globally for our in-force businesses and supporting future growth through customized portfolio solutions. RGA Investments includes seven core areas: Global Portfolio Management, Investment Solutions, Credit Research and Trading, Commercial Real Estate, Private Debt and Equity, Strategic Execution, and Investment Operations.
Position Overview
The Securities Operations team plays a critical role in the investment life cycle. The team is responsible for supporting all key asset strategies, such as fixed income, middle market bank loans, direct senior, mezzanine, and private equity, equity real estate joint ventures, commercial mortgage loans, and lifetime mortgages. The Analyst will perform crucial day-to-day functions of the firm's $67 billion global, multi-asset class portfolio managed both internally and externally to support Portfolio Management, Investment Solutions, Trading, and Accounting.
Responsibilities
- Process daily activity on private assets such as trade settlement, draw downs, pay downs, interest payments, principal payments, PIK loans, skim payments, agented deal transactions, internal transfers. Perform daily par and cash reconciliations across the portfolios and forecast cash sources and uses.
- Perform daily position and cash reconciliations on private assets across the portfolios to ensure proper balances.
- Develop and maintain strong working relationships with Investment's front, middle, and back office as well as with RGA corporate partners (ie, IT, Accounting, Structured Finance, etc).
- Maintain regular and predictable attendance.
- Performs other duties as assigned.
Requirements
EDUCATION AND EXPERIENCE
Required:
Bachelor's degree in Business, Business Administration, Accounting, Finance, Math or equivalent field AND 2+ years investment securities related work experience including work with global and domestic securities operations processing OR
Master's degree in Accounting, Finance, Math, or equivalent field
Preferred:
Reinsurance or insurance industry knowledge
Experience using the BlackRock Aladdin trade order management system, OYSAS, and Bloomberg
Knowledge of MT SWIFT messaging
SKILLS AND ABILITIES
Knowledge of broad investments business practices
Intermediate knowledge of security operation functions
Technology savvy, programming, and process improvement/automation skills
Intermediate investigative, analytical, and problem-solving skills
Excellent organizational ability, being able to multi-task, effectively manage tasks and projects, adapt to new methods, and work under tight deadlines and stressful conditions
Intermediate oral and written communication skills
Intermediate Microsoft Word and Excel
Ability to work well within a team environment and participate in department/ team projects
Intermediate ability to translate business needs and problems into viable/ accepted solutions
Intermediate skills in customer relationship management and change management
Ability to liaise with individuals across a wide variety of operational, functions, and technical disciplines
Knowledge of accounting theory and practices
Company Overview
Reinsurance Group of America, Incorporated (RGA), a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.4 trillion of life reinsurance in force and assets of $84.6 billion as of June 30, 2022. Founded in 1973, RGA today is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri, and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions.
The general pay range for this position is $75K-$100K base per year. Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement and other employee benefits.
#LI-SP1