Operations Analyst

ABOUT US

Position: Operations Analyst

Reports to: Executive Director of RIA Operations

Work Location: 100 % Onsite in Tampa Office

Supervisory: No

Position Type: Exempt

Deep Blue Investment Advisors is a SEC-registered advisor based in Tampa, Florida, serving local governments and educational sectors. The firm specializes in cash management services, fixed-income portfolio advisory/management, and treasury management consulting for governmental clients in Florida and Texas. Deep Blue Investment Advisors is a forward-thinking, client-first firm. We provide clients with comprehensive investment advisory tools and solutions to address their investment strategies and performance. Deep Blue Investment Advisors recruits the best and brightest people with a genuine passion for the business and a core belief that the client comes first.

POSITION DESCRIPTION: 

The Operations Analyst provides critical support for Operations and Reporting for DBIA Registered Investment Advisor Separately Managed Accounts and U.S. Fixed Income Trust Local Government Investment Pools. This role reports directly to the Executive Director of RIA Operations.

The fundamental role of this position is to support our endeavor to optimize firmwide operations across both the RIA (Deep Blue Investment Advisors) and the Trust (U.S. Fixed Income Trust). This is an excellent opportunity for solutions-oriented, driven early career professional to truly expand their experience and knowledge while simultaneously, whether independently or in collaboration with the team, contributing to achieve a cohesive, fully integrated platform focused on continuous improvement to ensure the highest level of operational efficiency and accuracy of information, both internally and externally.

The right individual for this role will inherently possess a strong desire to learn, view every assignment as nontrivial, challenge the status quo, and remain perpetually intrigued by crafting creative solutions. This is essentially a synergy of Operations Specialist and Business Analyst roles.

RESPONSIBILITIES AND PERFORMANCE EXPECTATIONS (including but not limited to:)

REPORTING

• Work in collaboration with colleagues and vendors in executing portfolio accounting and performance reporting activities
• Client Reporting
• Management Reporting
• Custody and Trade reconciliation oversight
• Investment Policy Statement compliance
• Quality Control to ensure achievement of Service Level Agreements
• New client onboarding
• Adherence to regulatory record retention requirements
• Continuous improvement

OPERATIONS

• Trust administration: expense accrual analysis, advisor fee verifications, website oversight
• SMA Client billing
• Support the Business Analyst with data analysis and workflow optimization
• Solutions architecting
• Procedure documentation
• Supporting data and software integration initiatives
• Data analysis
• Additional activities as assigned by management

MINIMUM QUALIFICATIONS: 

• Bachelor’s degree in business, finance, and/or accounting
• 3 to 5 years’ relevant experience in the financial services area, preferably with experience supporting portfolio accounting, investment operations, and business analysis
• Demonstrable understanding of Fintech
• Demonstrable knowledge of fixed income
• Excellent verbal and written communication skills
• Ability to interact with people remotely or in person, with a high level of confidence.
• Proficient in Microsoft Office Suite, especially Excel
• Strong proficiency in mathematics

COMPETENCIES 

• Communication – Possess highly effective communication skills both verbally and in writing. Must be comfortable speaking one-on-one or in groups.
• Organization /Attention to detail – Possesses the ability to stay organized and keep others organized, as well as a sharp eye for detail.
• Time Management – Ability to multitask, manage multiple priorities, and meet deadlines.
•  Initiative – Self-starter. Someone who does things without being asked. Works well independently or as part of a team. The employee knows their day-to-day job duties and requires no prompts or reminders to complete them.
•  Problem-solving – Intrigued, thorough analysis, and creative solutioning
• Tech-savvy - Quickly learn new software, platforms, and tools.
• Judgment - Demonstrates good judgment and decision-making/problem-solving skills.
• Work Ethic – Dependable, trustworthy, confidential, and a team player.

BENEFITS

We offer a comprehensive and competitive benefits package, including:

• Employer Paid Benefits, which include: base medical plan coverage for employee, $10,000 life insurance policy, and 3% employer contribution to 401 (k) (after 6 months of service)
• Discretionary bonus program and 401 (k) profit sharing
• Leave: PTO, volunteer, bereavement, and maternity leave
• Health Access: Medical, dental, vision, HSA, and FSA plans available
• Site-based perks: Site-based employees receive free on-site parking and free gym access