State Street Portfolio Analyst
Hi Guys
I'm hoping someone could inform me abit better for the following role which I have an interview for next week. Please see below for the job description.
My main question is, isn't a portfolio analyst meant to do financial modelling on companies and valuations within excel etc.
This job spec looks to be abit more operations based, i'm currently a performance analyst and wish to stay in analytics, would taking this role be a good step to getting onto equity research analytics?
How does front office portfolio analyst job role differ from this operations based position?
Your advise is much appreciated.
Job Description
Basic Purpose of Job:
Equity Portfolio Administration provides operational investment support to the Portfolio Managers within SSgA. The team supports all equity product types.
As the key contact point for the portfolio management team your daily functions would include but not be limited to:
Reconciliations.
Cash Forecasting. Exposure Monitoring.
Verification of Fund Valuations.
Performancecalculation and query resolution.
Investigating and resolving queries from Clients, Performance Analysts, Reconcilers and Portfolio Managers.
Key external interactions will be with custodians, fund administrators, counterparts and other third party providers. Internally interactions would be with portfolio managers, traders, the reconciliations team, compliance, risk, trade support, legal and client administration.
Portfolio Analysts are expected to be proactive in their position and look to enhance the current processes and procedures within SSgA London. Specific vision is given to strengthening SSgA’s controls and minimizing risk.
Qualifications
Education and Experience
Operations experience gained from an investment manager, custodian, prime broker, fund administrator, hedge fund, or investment bank.
Degree qualified with a financial or analytical discipline preferred.
IOC completed or completing considered an advantage.
Product Experience Desirable: Equities, FX spot and forwards, Exchange Traded Futures and Options.
Skills/ Knowledge
Analytically minded with strong problem solving skills
Understanding investment markets and settlement.
Understanding of product and fund valuation useful.
Performancemeasurement experience useful.
Strong MS Windows applications, specifically Excel.
Ability to prioritize multiple responsibilities to meet internal and external deadlines.
Ability to build strong relationships with both internal and external clients.
Willing to assume responsibility and take ownership of tasks assigned.
Exposure to Bloomberg an advantage.