Job Description
About RenaissanceRe
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).
About Investments Operations
The Investments Operations team is responsible for supporting all Investments middle office activities, including trade support and settlement, counterparty maintenance, compliance, bank account management, data reconciliations and reporting, and performance and attribution. The team supports and works closely with Investments, Treasury, Finance, among other departments to ensure complete and accurate representation of our investment portfolio.
Investment Operations is expanding to support the growing business demands. We are focused on increasing scalability through digitalization, automation, and streamlining processes to enable continued excellence in delivering to our clients, partners, stakeholders, and employees. This is an exciting opportunity to join the transformation journey, work directly with the core Investments team, external managers, and on the BlackRock Aladdin platform.
About the Position
The Senior Analyst, Investment Compliance will support the investment compliance processes governing the investment portfolio. This role will code guidelines into the portfolio and ensure compliance breaches are reviewed in and cleared/escalated.
Key Responsibilities
Conduct pre- and post- trade compliance checks for the internal and external portfolios, resolving breaches as required.
Code and implement effective compliance rules, using Aladdin BQL, reflecting changes made to investment guidelines
Perform regular reviews across systems to ensure portfolio guidelines reflect legal, regulatory and trust guidelines, working with legal and risk teams as needed.
Maintain library of all guidelines, IMAs and trust agreements, ensuring fully executed and final documents are retained.
Provide reporting on compliance breaches and waivers, as needed.
Candidate Qualifications:
Bachelor’s degree in a relevant discipline from an accredited institution.
Minimum of 4+ years of relevant experience in middle office within the financial services industry.
Knowledge of investment markets and financial products required with experience in fixed income markets,
Proficient in MS office with strong Excel skills; PowerBI, SQL, or other coding language is an advantage.
Strong analytical skills with attention to detail.
Experience and knowledge of BlackRock Solutions Aladdin and / or BQL and Aladdin Compliance workbench an advantage.
We believe that meeting these requirements will position you for success in the role. However, if you fulfil most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn.
We are an equal opportunity employer. We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Skills Required
- Bachelor's degree in a relevant discipline from an accredited institution
- Minimum of 4+ years of relevant experience in middle office within the financial services industry
- Knowledge of investment markets and financial products with experience in fixed income markets
- Proficient in MS Office with strong Excel skills
- Strong analytical skills with attention to detail
- PowerBI, SQL, or other coding language
- Experience and knowledge of BlackRock Solutions Aladdin and/or BQL and Aladdin Compliance Workbench
What We Do
RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving. Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval. We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild. Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives. RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business
