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Investment Operations Analyst

Russell Investments

Russell Investments

IT, Operations
Mumbai, Maharashtra, India
Posted on Saturday, November 18, 2023

Business Unit:

Reporting To:

Associate Director

Shift:

US/Seattle (8:30 pm - 5:30 am IST) (India)

About Russell Investments, Mumbai:

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 87-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is the world’s sixth-largest investment adviser, with $1 trillion in assets under advisement (as of June 30, 2022) and $288.3 billion in assets under management (as of March 31, 2023) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.

Joining the new Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be one of the first to join this new team based out of Goregaon (East) in Mumbai and be a part of creating the foundation and culture for the firm’s growing operations in India. The Mumbai office operates 5-days a week from Monday to Friday with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.


Job Description:

As an Investment Operations Analyst, you will provide operational support and services representing Global Operations supporting successful outcomes for both internal and external clients. The operations team supports product operations, account opening, trade lifecycle management, reconciliation, systematic rebalancing and reporting across equity, fixed income, listed and OTC derivatives and foreign exchange products globally .

This position will primarily focus on supporting the full trade lifecycle, including Account Opening, Derivative Documentation, Settlements, and Collateral Management. The position will work closely with associates across Russell Investments including portfolio managers, analysts, and traders to help deliver precise and scalable operational support for account opening, trade settlement, collateral management, and maintenance of internal systems affecting direct investing strategies, new product launches, and 3rd party assignments.

Years of Experience

At least 3-5 years previous experience in the financial services industry, preferably in an operations capacity within an asset management firm

Qualifications

  • Ability to function successfully in ambiguous conditions

  • Organized, analytical, detail-oriented, and precise with numbers, with a solid understanding of the securities/fund industry as well as investment concepts and strategies

  • Familiarity with custodian, broker, and money manager operations

  • Strong computer skills, including advanced proficiency with Excel and comfort with database applications. Knowledge of SQL, VBA or Python is a plus but not required

  • Ability to adapt quickly and readily to change and embrace new opportunities

  • Intellectual curiosity to perform a “deep-dive” into new subject material

Responsibilities

  • Working with internal portfolio managers, analysts, and traders to ensure trade details are accurate and tied out with brokers, custodians, and vendors

  • Analyze data received from internal systems/clients, custodians, and vendors with an overarching objective of setting up the client's portfolio in internal systems

  • Work with FCM counterparties to establish derivative clearing accounts for trading instruments such as listed options, exchange-traded futures, and credit derivatives.

  • Respond to queries regarding derivative and FX documentation from various departments including the Investment Division & Legal

  • Negotiate with internal and external legal counsel on the documentation for implementing derivative-related counterparty contracts (e.g. ISDA, collateral control agreements, etc.).

  • Work with clients, legal teams, and internal stakeholders to analyze, consult and provide guidance to determine derivative contract requirements for each onboarding event.

  • Management of fund/client documentation including tax forms, prospectuses, investment management agreements, settlement instructions, etc.

  • Ensure Day-to-day operational responsibilities are managed, coordinated, and delivered to the core business clients.

  • Effectively and collaboratively identify, escalate, mitigate, and resolve operational risk

  • Evaluate and improve existing operational processes and maintaining up-to-date procedures to reduce risk, increase efficiency, and support regulatory requirements and business initiatives

  • Display exemplary conduct and live by our organizations Code of Conduct

Candidate Requirements

  • Strong computer skills, including advanced proficiency with Excel

  • Prior experience with Bloomberg AIM or Charles River

  • Prior experience with trading and portfolio management systems.

Core Values

  • Strong interpersonal, oral, and written communication and collaboration skills with all levels of management

  • Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines,

  • Demonstrated proactive approach to problem-solving with strong judgment and decision-making capability.

  • Highly resourceful and collaborative team-player, with the ability to also be independently effective and exude initiative and a sense of urgency.

  • Exemplifies our customer-focused, action-oriented, results-driven culture.

  • Forward looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions.

  • Ability to act with discretion and maintain complete confidentiality.

  • Dedicated to the firm’s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigor.