Fixed Income Operations Analyst
Vestmark, Inc.Wakefield, Massachusetts, United States · Posted 6 months agoDescription
Vestmark’s Outsourced Services (VOS) team is seeking a Fixed Income Operations Analyst with strong experience in fixed income products, trade workflows, and settlement processes to support our Outsourced Service Clients in Wakefield, MA. In this hands-on, client-facing role, you will oversee the operational management of fixed income accounts, ensuring accurate reconciliation, timely settlement, proper corporate action processing, and high-quality data integrity across all fixed income securities. The role requires daily processing, issue investigation, and proactive communication with brokers, custodians, portfolio managers, and internal operations and technology teams to maintain accurate fixed income workflows, strong operational controls, and high-quality client service.
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 escalating 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.
- Participate in special projects, including platform enhancements, workflow improvements, and system upgrades.
- 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
Education:
- BA/BS degree required
Vestmark is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Vestmark prohibits employment discrimination on the basis of race, color, religion, gender identity, sex, sexual orientation, pregnancy, national origin, age, disability status, protected military or veteran status, and genetic information. #LI-TG1 #LI-Hybrid. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Vestmark takes a market-based approach to compensation to ensure we pay fairly and competitively. Compensation for this role depends on several factors such as skills, experience, qualifications, job scope and location.
In addition to base salary, Vestmark offers a comprehensive total rewards package, which includes, company-paid medical premiums of 90%, a competitive time-off program, and other variable compensation, if eligible.
Similar jobs
Est. 77,500 USD
Vestmark’s Outsourced Services (VOS) team is looking for an Operations Analyst to support our Outsourced Service Clients in Wakefield, MA. As an Analyst you will be responsible for supporting various managed account busi…
Est. 105,000 USD
Vestmark is seeking a motivated and curious Associate Product Manager to join our Products team. In this role, you will support the development and enhancement of our investing and wealth management products, working alo…
Est. 225,000 USD
Vestmark is seeking a VP, Product Management to own the strategy and roadmap for the portfolio management capabilities within the Vestmark platform and more specifically Vestmark VAST. VAST is Vestmark's direct indexing…
Est. 107,500 USD
Vestmark is building the AI-native future of wealth management technology. We are looking for early-career Software Engineers in Boston who are serious about AI-assisted development, curious about how software engineerin…
Est. 160,000 USD
Vestmark is building the AI-native future of wealth management technology. We are looking for a Manager who can build and lead the team that delivers it. You will own a team of up to 12 engineers, drive delivery through…
Est. 90,000 USD
The Technical Programs Analyst combines hands-on technical and analytical work with program ownership to support the Engineering Technical Programs function. You'll work with data across systems, build the reporting that…
Est. 112,500 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Est. 67,500 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 175,000 USD
Firm Overview Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatil…
Est. 66,000 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 75,000 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 65,000 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 75,000 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 130,000 USD
The OES Operations team is critical to our trading business. We manage the processes that connect us to exchanges, counterparties, and internal teams — ensuring assets, information, and trades flow accurately and efficie…
Est. 105,000 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 70,000 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 75,000 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 150,000 USD
Virtu is a leading financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liq…
Est. 192,500 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 87,500 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 80,000 USD
At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan ser…
Est. 132,500 USD
Virtu is a leading financial firm that leverages cutting edge technology to offer liquidity to the global markets and innovative, transparent trading solutions to our clients. As a market maker, Virtu provides deep liqui…
Est. 65,000 GBP
About Man Group Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and a…
Est. 105,000 USD
We are looking for a People Analyst who wants to help modernize how our HR Operations function works, not just maintain what exists today, but actively shape how it evolves. This is a high-impact role for someone who thr…
Est. 57,500 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…
Est. 200,000 USD
Position: Fixed Income Execution Trader, Investment Support Location: New York, NY Firm Overview: Walleye Capital is a ~$17 billion+ multi-strategy investment firm headquartered in New York City, with over 350 employees…
Est. 200,000 USD
As a Senior Equity Analyst, you’ll sit directly on the trading desk, influencing real-time decisions and shaping positions with direct P&L impact. This is not a traditional equity research role – your work will be us…
Est. 145,000 USD
Optiver’s Enterprise Technology Support Engineers focus on IT systems and applications that allow users to perform their daily work. We firmly believe in finding the right blend of functionality for our users and managea…
Est. 80,000 USD
About Man Group Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and a…
Est. 100,000 USD
Vestwell is the financial technology company powering the new savings economy. Our platform redefines how people save for the critical aspects of life across retirement, education, and healthcare savings needs. Today, Ve…