This position will support the investment operations activities related to our closed block variable annuity business. The Investment Operations Specialist responsibilities include internal and external transfers of assets, onboarding of new assets, compliance reporting, physical security support, invoicing and budget projections for certain vendors, optimizing operational processes, and acting as a liaison across key relationships with external parties - including investment managers, custodian banks, and our investment accounting provider.
Work within Investment Operations to manage the reconciliation process across a variety of fixed income securities (e.g., US Treasury/ Agency, Corps, MBS / ABS / CMBS, CMLs, RMLs, and Private Placements).
Specific responsibilities are as follows:

• Assist with instructing and supporting asset-related operational activities, including but not limited to; asset movements, asset settlements, asset retitlements, asset documentation (e.g., private credit securities).
• Support the operational onboarding activities related to investment portfolios, which may include developing new or expanded asset manager functionality, new asset classes, bank custody and security transfers, physical documentation support, custodial and accounting vendor account structure and/or portfolio structural setup, data/analytics/reporting capabilities, vendor integration, internal/external stakeholder support.
• Validate invoicing for certain vendors and help in calculating future projections for the Venerable expense budget.
• Complete investment operations and compliance tasks, create documentation and procedures, and ensure the ability scale along with standard repeatable processes.
• Provide ad-hoc support for urgent business needs.
• Collaborate across Venerable's internal business partners including, but not limited to, Investment Management, Investment Accounting, and Treasury, as well as external partners and vendors, to maintain and improve the team's value, image/brand, processes, and infrastructure.
• Maintain awareness and knowledge related to peers, industry best practices, trends, and regulation impactful to investment operations and understanding the implications for our business.

Key Qualifications:

• Bachelor's degree in business, accounting, economics, finance, or related field or equivalent experience.
• 2-5 years of experience in the financial services industry and 1-3 years of experience within fixed income or an operations/reconciliation team.
• Maintain a solid knowledge and use of technology to support the investment operations processes (e.g. bank custody platforms, investment accounting platforms - e.g. Clearwater, PAM, Nexen).
• Demonstrated experience within investment operations, investment accounting, investment management, and/or related area.
• General understanding of fixed income (US Treasury/ Agency, Corporates, MBS / ABS / CMBS, CMLs, RMLs, and Private Placements).
• Interpersonal skills to interact effectively across Venerable, as well as with external investment partners and vendors.
• Detail-oriented, and desire to work in fast-paced entrepreneurial environment, varying workloads, and deadlines.
• Ability to work independently, proactively identify potential issues and propose viable solutions, as well as the ability to work collaboratively within a team environment

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Venerable Values:
Every position at Venerable has responsibility for living out the company's values as described here:
We are Courageous - We think critically, ask "why?" and seek out creative solutions.
We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking.
We are Connected - We are connected to each other, our customers and our community.