Business Analyst & Development Associate

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Date: Jan 23, 2023

Location: New York, NY, US

Company: New York Life Insurance Co

Location Designation:  

 

 

When you join New York Life Investments, a wholly owned subsidiary of New York Life Insurance Company, you are joining a global investment company with a long history and passion for career development, innovation, collaboration, and diversity, equity and inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources and programs, you can grow your career while developing personally and professionally. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

As a top 25 global asset management firm with more than $600 billion in assets under management, we have an important mission: to help build a better financial future for our clients, our employees, and our communities. We invite you to bring your talents to New York Life Investments, so we can continue to help people achieve their financial aspirations. 

 

 

Overview of Role:

 

NYL Investors LLC, an integrated asset management enterprise with over $250 billion in assets under management is currently seeking a Business Development Associate within Investment Services to join a team tasked with supporting data and facilitating report development requests, as well as development of reconciliations within Markit EDM tool. This role requires data management experience, knowledge of financial markets, proficiency in the use of technology tools to interrogate large volumes of data across multiple source systems and environments, as well as experience in reporting applications. This role requires knowledge of financial / trade data, responding to end user inquiries, participating in testing system enhancements and engaging in continuous business development, as well as reconciliation development. The individual in this position must also be able to communicate effectively with business, operations, and technology staff. 

 

 

Description of Responsibilities:

 

  • Provide business analyst support for strategic Investment Operations projects including the implementation of a new data warehouse and investment accounting system
  • Collaborate with technology and business partners to analyze and troubleshoot issues and improved straight through processing
  • Communicate issues with management, vendors, business areas, and technology staff
  • Develop and maintain project plans to support business led initiatives
  • Document test plan, perform user acceptance testing, and communicate results in timely and organized manner
  • Perform data, trade and cash reconciliations using various query tools
  • Analyze trade and security master data between trading, accounting and data warehouse systems using various query tools

 

Qualifications:

 

  • BA/BS in Finance, Business Administration, or Management Information Systems
  • 2-4 years Investment Operations experience in an Insurance company or Investment Management firm
  • Detail oriented with strong follow through skills
  • Good oral and written communication skills
  • Excellent interpersonal, teamwork and client service skills
  • Knowledge of Fixed Income, Equity and/or Derivatives required
  • Experience with accounting, trading and/or performance/attribution solutions
  • Technical/systems skills, not limited to, but preferred: Excel, Word, Aladdin, Crystal Reports, Tableau, or SQL

 

 

 

Salary range: $58,500-$77,500 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

 

Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

 

 

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

Job Requisition ID: 88503

 

 

 

 

 


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