Senior Investment Analyst - Derivatives Operations Data Analyst

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

The Derivatives Operations team is looking for a Senior Investment Analyst - Derivatives Operations Data Analyst. A background in SQL queries and strong excel skills are preferred. Any experience with the tools Xcepter or DataIKU is a plus.

This is a hybrid role based out of our Columbus, OH location. The team comes into the office at least 3 days a week.

This role does not qualify for employer-sponsored work authorization.  Nationwide does not participate in the Stem OPT Extension program.

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Job Description Summary

Nationwide’s vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses and futures with extraordinary care. The Nationwide Investments team manages approximately $130 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results.

The Derivatives Operations - Senior Investment Analyst role is responsible for operational processes supporting portfolios managed by Nationwide Investments. This position is responsible for performing and reviewing variety of complex operational functions with a focus on daily counterparty confirmation and settlement, transaction processing, bank cash and counterparty reconciliations, and collateral and margin management for Derivatives portfolios.

Job Description

Key Responsibilities:   

• Works closely with front office, operational, technology and controllership teams to support various complex operational processes in order to ensure timely, accurate and efficient flow of derivatives transactions.

• Support operational projects, process improvement opportunities, and application upgrade testing. Partner with Investments Technology on supporting tactical projects.

• Assist with the processing of new trades, transactions, and reports to ensure data quality for trading systems and subsequent downstream accounting and reporting.

• Support and/or lead the review of daily trading blotters identifying trade discrepancies.

• Assist with the review of daily cash processing, forecasting reports for calls, margin and various derivative payments.

• Support the Data Management and Reporting team on assigned reporting tasks, as well as completes and maintains critical reporting, including, but not limited to, Derivative Trade Packets, Daily Transaction Reporting, Trade Authorization limits, participates in Monthly Pricing and Valuation processes, as assigned.

• Support the review of system reconciliations and maintains proper documentation for assigned core trading systems, including timely research of exception items.

• Recommend changes to enhance, build or improve existing controls and procedures using Continuous Improvement methods.

• Support internal/external audit engagements, regulatory inquiries, and derivative Financial Reporting Controls.

May perform other responsibilities as assigned.  

Reporting Relationships:  Derivatives Operations - Investment Professional or Senior Investment Professional

Typical Skills and Experiences:   

Education:  Bachelor’s Degree in Accounting, Business Administration, Finance or an equivalent field.

Experience:  4 to 7 years of experience in Investment Operations, Business Intelligence Reporting, Investment Accounting, or Financial Service industries

Knowledge, Abilities and Skills:   

• Distill data and information in a meaningful way

• Lean in and challenge thinking

• Finding opportunities to enhance knowledge and skills

• Trying new things, asking questions, searching for answers, and taking in new information

• Value differences and seek diverse perspectives

• Intermediate understanding of Derivative Instruments

• Ability to navigate and understand differing software packages including advanced Microsoft Excel skills

• Intermediate understanding of data and data flow

• Conceptual understanding of end-to-end investments process flows

Other criteria, including leadership skills, competencies and experiences may take precedence.  

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner. 

Values:  Regularly and consistently demonstrates Nationwide Values. 

Job Conditions:   

Overtime Eligibility: Not Eligible (Exempt) 

Working Conditions: Normal office environment. Some travel may be required. 

  

ADA:  The above statements cover what are generally believed to be principal and essential functions of this job.  Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.   

Credit Check:  Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process. 

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.