Financial Operations Contract Analyst

Financial Operations Contract Analyst

Please make an application promptly if you are a good match for this role due to high levels of interest.

Location : Baltimore, Maryland

Time Type : Full time

Posted On : Posted Yesterday

Job Requisition ID : R20056625

Job Family : Investment Management

About Us :

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce.

We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.

Job Description Summary :

The Financial Operations Contract Analyst conducts daily processing of financial transactions, contract maintenance, and analysis.

This person will process requests related to administering contractual terms and plan reviews. This team is focused on the Synthetic GIC product.

Responsibilities :

• Process deposit and withdrawal transactions. Analyze deposit and withdrawal trends to ensure the terms of the contract are not breached.
• Process monthly market value, yield, and duration for each contract for valuation and risk reporting.
• Process fee receipts. Understand contractual fee structure and payment method to ensure appropriate calculation, billing, reconciliation, and collection of fee income.
• Maintain and update contacts in the administrative system to ensure that appropriate individuals are receiving month-end statements and fee invoices.
• Maintain and update plan information in the underwriting administration system.

Qualifications :

• Bachelor’s degree in economics, finance, accounting, mathematics, computer science, or relevant field.
• Two years of experience working with fixed income securities.
• Aptitude for actuarial, financial, and investment concepts to conduct root cause analysis and business analysis.
• Attention to detail to follow procedures and ensure accuracy in documentation and data.
• Problem-solving skills to analyze processes and apply systems thinking to generate solutions.
• Proficiency with MS Excel or other tools to extract and analyze data and report results.

Preferred Qualifications :

• Experience working in investment operations or investment accounting / analysis.
• Knowledge of contract terms, allowable transactions, and compliance activities.
• VBA coding, macro experience.
• Knowledge of Synthetic GIC or Stable Value Solutions.

Working Conditions :

Hybrid office environment.

Compensation :

The salary for this position generally ranges between $65,000-$89,000. This range is an estimate, based on potential qualifications and operational needs.

Salary may vary above and below the stated amounts, as permitted by applicable law.

Bonus Eligibility :

This position is also typically eligible for an Annual Bonus based on the Company Bonus Plan / Individual Performance and is at Company Discretion.

What We Offer :

• Competitive Pay
• Bonus for Eligible Employees

Benefits Package :

• Pension Plan
• 401k Match
• Employee Stock Purchase Plan
• Tuition Reimbursement
• Disability Insurance
• Medical Insurance
• Dental Insurance
• Vision Insurance
• Employee Discounts
• Career Training & Development Opportunities

Health and Work / Life Balance Benefits :

• Paid Time Off starting at 160 hours annually for employees in their first year of service.
• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars.
• Parental Leave fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
• Adoption Assistance
• Employee Assistance Program
• College Coach Program
• Back-Up Care Program
• PTO for Volunteer Hours
• Employee Matching Gifts Program
• Employee Resource Groups
• Inclusion and Diversity Programs
• Employee Recognition Program
• Referral Bonus Programs
• Peer Recognition Program (BRAVO)

Inclusion & Diversity :

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

Giving Back :

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994.

Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

https : / / www.transamerica.com / why-transamerica / aegon-transamerica-foundation

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