Fixed Income Operations Analyst

Responsibilities

• Develop a strong understanding of the team’s processes, sponsor relationships, workflows, and systems used to support managed accounts.
• Perform account-level reconciliations, including cash, positions, transactions, and tax lots, ensuring accuracy and completeness.
• Monitor and manage settlement cycles and escalate issues when necessary to avoid fails.
• Perform fail management, including tracking unsettled trades, researching causes, and mitigating potential penalties or buy-in risks.
• Collaborate and communicate with internal teams (trading, reconciliation, COAC) as well as external counterparties (brokers, custodians, managers) to resolve settlement and operational issues.
• Oversee corporate actions related to fixed income securities such as calls, redemptions, interest payments, and other mandatory and voluntary events.
• Support new client onboarding and new fixed income manager onboarding, ensuring accurate setup and seamless integration into operational workflows.

Required Experience and Skills

• 2–4 years of experience in managed accounts, investment operations, or a similar financial services role.
• Deep product knowledge across all major fixed income security types (e.g., Treasuries, corporates, municipals, agencies, MBS/ABS, money markets).
• Strong understanding of the trade lifecycle, from execution and allocation through confirmation, settlement, and post-trade reporting.
• Knowledge of settlement market infrastructure, including custodians, clearing houses, depositories.
• Proven ability to communicate effectively with executing brokers, portfolio managers, custodians, and internal stakeholders to resolve trade discrepancies and settlement issues.
• Demonstrated ability to work collaboratively within a team environment while also being able to work independently and exercise sound judgment.
• Familiarity with Separately Managed Accounts (SMAs), including account structures, workflows, and operational requirements.
• Advanced desktop skills, particularly Microsoft Excel (pivot tables, lookups, formulas; VBA a plus).
• Experience with the Vestmark platform is a strong plus.

Key Attributes

• Self-starter who can display good judgment to plan and accomplish goals in complex fast-paced environment while balancing and managing multiple competing priorities.
• Excellent customer service skills and strong communicator.
• Collaborative interpersonal skills and ability to work within cross-functional teams.

Qualifications

• BA/BS degree required.

Benefits

Salary range: $70,000 USD - $85,000 USD

In addition to base salary, Vestmark offers a comprehensive total rewards package, which includes equity-based grants for all new hires, company-paid medical premiums of 90%, a competitive time-off program, and other variable compensation, if eligible.