Summary:
The Operations Specialist supports key functions within Investment Operations, with a specific focus on trade settlements. This role ensures the timely and accurate processing of trades by coordinating with brokers, custodians, and internal teams to resolve issues and maintain efficient post-trade operations. The position also contributes to process improvements and operational initiatives as needed.
Responsibilities:
- Support the timely settlement of fixed income and equity trades by coordinating with brokers, custodians, and internal teams
- Monitor and manage trade allocations and affirmations Charles River OMS, DTCC products, and other platforms
- Monitor electronic trade confirmations via DTC and reconcile broker confirmations against internal systems
- Identify, investigate, and resolve trade discrepancies prior to settlement to minimize risk
- Submit trade allocations and instructions to counterparties via electronic platforms and other communication channels
- Maintain and update delivery instructions across internal systems and DTCC ALERT to ensure accurate trade processing
- Preserve trade-related records, data files, and documentation
- Assist in onboarding new trading or custody accounts, including coordination of required documentation
- Prepare and report trade settlement metrics to management on a regular basis
- Identify opportunities to improve workflows, systems, and trade settlement processes
- Support special projects and additional responsibilities as assigned
Qualifications:
- Bachelor’s degree in finance, economics, or a related field
- 2–3 years of relevant experience in investment operations and trade settlements; experience with fixed income and equity securities required
- Experience with Charles River Development post-trade functionality strongly preferred
- Familiarity with SQL, database tools, Investortools Perfom, Gresham Control for IM, Eagle Investment Systems, and derivatives a plus
- Strong attention to detail and commitment to data accuracy
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Effective communication and collaboration skills across cross-functional teams
This role is based in our Boston office on a hybrid schedule - 4 days per week in-office, 1 day per week remote.
The actual base salary is dependent on several variables including but not limited to education, experience, skills, and geography. In addition, GW&K employees may be eligible for a discretionary bonus and/or commission, which is based on a number of factors, including individual and firm performance.
Base Salary Range
$65,000-$75,000 USD
About GW&K
GW&K is a growing and dynamic investment management firm that is always looking for talented, hard-working, team-oriented individuals. We are interested in people that fit GW&K’s unique and highly collaborative culture.
The people who work at GW&K are the backbone of our firm. Everything we do from our mission to help our clients achieve their investment objectives, to building and sustaining a diverse, equitable, and inclusive culture is achieved because of the dedicated, talented, collaborative people who work here.
GW&K provides comprehensive benefits that are designed to meet the long-term needs of our employees and their families. Along with competitive compensation packages, we offer health and dental care coverage, employer-matched 401k, tuition reimbursement, parental leave and a variety of other benefits that support a healthy work/life balance in a hybrid environment.
GW&K Investment Management is an equal opportunity employer and provides equal employment opportunities to all associates and applicants for employment without regard to gender, race, color, national origin, ancestry, pregnancy, marital status, religion, age, disability, veteran status, sexual orientation, genetic information, or any other characteristic protected under applicable federal, state or local laws.
Skills Required
- Bachelor's degree in finance, economics, or related field
- 2-3 years of relevant experience in investment operations and trade settlements
- Experience with fixed income and equity securities
- Experience with Charles River Development post-trade functionality
- Familiarity with SQL and database tools
What We Do
Founded in 1974, GW&K Investment Management is a dynamic Boston-based investment management firm that offers active equity and fixed income investment solutions to meet the needs of a diverse client base. GW&K's mission is to help clients achieve their investment objectives through the management of thoughtfully conceived and consistently applied investment strategies. An active bottom-up investment approach is the cornerstone of our investment philosophy. Each investment strategy relies on in-depth fundamental research executed by a team of experienced investment professionals.
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