AVP, Trade Operations

The role is hybrid. You will be expected to report to one of our Aflac offices located in New York City, NY for at least 60% of the work week. The remaining portion of the work week will be worked remotely from your home within the continental US. Details of this schedule will be discussed with your leadership.

About the role

We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands.

This role supports trading workflow operational needs, ensuring trade matching and settlement, engaging with custodians and internal stakeholders, and resolving trade discrepancies with counterparties.

Core Competencies

• Acting with Integrity
• Communicating Effectively
• Pursuing Self-Development
• Serving Customers
• Supporting Change
• Supporting Organizational Goals
• Working with Diverse Populations

Responsibilities

• Provides trading workflow operational support to ensure trade matching and settlement, engages with custodians and internal stakeholders, researching and resolving all trade discrepancies with counterparties.
• Works with Aflac Re Bermuda team, Trading, US CIO office, Japan Operations, Risk, Compliance, IT, Investment Accounting, Custodians, Treasury, FP&A and other key stakeholders.
• Reconciles cash, investment activity, and positions between order management system, custodians and accounting systems.
• Maintains books and records in compliance with regulatory requirements.
• Sets up accounts with brokers and custodians.
• Executes money movement transactions including internal transfers and outgoing wires.
• Assists with set up and maintenance of SSIs.
• Monitors and executes corporate action events.
• Performs daily cash management and cash balance monitoring.
• Monitors and supports securities lending program.
• Assists and supports day to day management of global custodians.
• Collaborates and contributes to the advancement of controls and process documentation to enhance the control environment.
• Assists in identifying gaps in procedural documentation and making the necessary updates.
• Works with vendors and internal groups to evaluate the operational requirements to support existing and new investment instruments and account types.
• Leads the advancement of investment trade operations reports, KPIs and processes; ensures all systems and applications have strong process workflows to minimize errors and time.
• Works with credit, trading, Japan Operations and Aflac Re Bermuda teams as necessary to assist with operational global workflows.
• Participates in or leads ad-hoc projects.
• Performs other duties as assigned.

Requirements

• 7+ years of relevant work experience in financial services technology and trade operations management (preferably life insurance and/or asset management)
• 5 years of direct experience in Fixed Income, Private Placements and Derivatives' operations
• Experience with BBG AIM/MARS/BCOL and Bloomberg terminal, Markit, DTCC CTM, Indus Valley Partners reconciliation, FX ALL or similar software
• Or an equivalent combination of education and experience

Skills

• Ability to work accurately and efficiently under tight deadlines and independently with minimal supervision
• Knowledge & experience in Microsoft Power Automate, Power Query and VBA preferred
• Superior MS Excel skill set including pivot tables, reference and lookup formulas, macros, etc.; intermediate ability to work with MS Power Point preferred
• Highly organized with superior attention to detail with an ability to analyze large amounts of data and extract meaningful information and identify findings in a succinct format
• Ability to identify and improve data accuracy and processes used in production of financial, accounting and investment reporting purposes
• Excellent verbal and written communication skills with ability to present and articulate issues clearly and succinctly with all levels of management, and a variety of internal and external stakeholders
• A team player with a strong work ethic and professional attitude
• Reliable and punctual, self-starter with excellent problem solving skills
• Ability to work effectively with other individuals and departments
• Demonstrates intellectual curiosity, professional maturity, and a proactive ability to take ownership and drive work forward

Preferred Qualifications

• Experience with margin and collateral managements and counterparty interactions is a plus

Pay

The salary range for this job is $140,000 to $185,000. This range is specific to the job and salary offers consider a wide range of factors including education, experience, licensure, certifications, geographic location, and peer compensation. The range has been created in good faith based on information known to Aflac at the time of the posting. At Aflac, it is not typical for an individual to be hired at or near the top of the range for the role to allow for future and continued salary growth, and compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits.

Benefits

• Medical, dental, and vision coverage
• Prescription drug coverage
• Health care flexible spending
• Dependent care flexible spending
• Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee)
• 401(k) plans
• Annual bonuses
• Opportunity to purchase company stock
• 11 paid holidays annually
• Up to 20 days PTO to be used for any reason
• State-mandated sick leave (Washington employees accrue 1-hour sick leave for every 40 hours worked)
• Other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being

Aflac complies with all applicable leave laws, including, but not limited to, sick and safe leave, and adoption and parental leave, in all states and localities.