Job Description
Location Chicago - 110 North Wacker Drive, Suite 2700
Business - Public Securities Brookfield's Public Securities Group serves institutions and individuals seeking the investment advantages of real assets through actively managed listed equity and debt strategies. The Public Securities Group leverages Brookfield's core real asset expertise across real estate, infrastructure, real asset debt, real asset solutions and opportunistic strategies through a variety of flexible and scalable investment mandates, including separate accounts, registered funds and private funds. Clients include financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds and high net worth investors. The Public Securities Group has been investing in public securities for over 30 years and has over $28 billion of assets under management. For more information, visit
Brookfield Culture Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description The ideal candidate will possess a firm understanding of buy side operations with concentration on fixed income, equity, bank loan, swaps and derivative security creation and maintenance. As a member of the PSG Operations Team, the Operations Specialist will interact with our reconciliation team, corporate actions team, trade support team, performance team, compliance team and technology team to support Brookfield PSG's business model. The Operations Specialist will utilize technology platforms: Geneva (accounting system), IVP (security master system), Eze (OMS System), Bloomberg and other operational systems. The ideal candidate must possess excellent problem-solving skills, attention to detail, the ability to be a self-starter and be resourceful.
- Support multiple security types (foreign and domestic) through manual and automated creation processes and maintenance across various systems
- Engage with internal operation team, investment team, vendor resources and custodians to ensure security master data is current and accurate
- Investigate and resolve all security master data issues to eliminate reconciliation and data breaks
- Monitor the IVP dashboard and various internal reports to ensure data discrepancies are resolved
- Research interest payments and paydowns for bank loans and sinkable bonds
- Interact with the trade team to monitor bank loan settlement and update delayed compensation and cost of carry transactions in Geneva
- Attend regular vendor meetings / calls to discuss system issues, updates and automation efforts
- Manage pricing sources in Geneva to ensure daily prices are received and accurately applied
- Engage with the valuation committee on pricing discrepancies and resolution efforts
- Continually assess security master processes for improvement opportunities
- Prioritize and manage security master improvement initiatives
- Provide functional coverage for corporate actions and trades support teams during high volume periods and PTO coverage
- Manage relationships with the operations team, investment teams, vendor resources and the Technology Services group
- Manage ad-hoc items related to security master, corporate actions, pricing and system updates
Candidate Profile - Bachelor's degree or equivalent experience
- Minimum 3 years of experience in operations creating and maintaining security master data at an investment management company or hedge fund
- Prior experience creating and maintaining security master data
- Understanding of security master data flows across multiple systems and vendor feeds
- Prior experience with portfolio accounting and security master software
- Bloomberg knowledge related to security data fields
- General knowledge of corporate actions and trade support and processing
- Experience working on project teams as a subject matter expert related to process improvement
- Ability to think strategically and clearly communicate ideas to various levels of management
Salary Range: $90,000 - $110,000
Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education, and designations
Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
Job Tags
Temporary work, Local area, Flexible hours,