Investmentoperationsassociate-Classof2020 Investmentoperationsassociate-Classof2020 …

Gmo Llc
in Boston, MA, United States
Permanent, Full time
Be the first to apply
Competitive
Gmo Llc
in Boston, MA, United States
Permanent, Full time
Be the first to apply
Competitive
Investmentoperationsassociate-Classof2020
Position Description Investment Operations Associate - Class of 2020 Location Boston

Position Overview

The Investment Operations Associate Program is a unique opportunity to gain a deep understanding of the full breadth of investment operations while learning the inner workings of an investment management firm by working across teams supporting the trading, portfolio management, investment research, and client services groups. We aim to invest in and develop exceptionally bright and motivated individuals to build our pipeline of talented employees.  The Investment Operations Associate Program is a two-year rotational program in which you will work across multiple teams at GMO learning the core operational functions of the business.

Each rotation will be approximately six months in duration. The duration and nature of each rotation will vary based on team needs, fit, and your skills and interests.  Upon joining in June 2020, you will participate in an expansive training program over the course of several weeks in order to gain insight into the firm and the investment management landscape. Additional training will be provided on an ongoing basis throughout your tenure in the program.

After two years of the rotational program, the goal is for you to be placed in a full-time position with one of our investment operations teams.

Responsibilities

You will work across and gain experience with the some of the following teams:

Trade Operations

Within Trade Operations, you will provide business and operational support for GMO’s trading functions. You will gain a strong understanding of equity, fixed income, and derivatives instruments in addition to gaining experience directly supporting the life cycle of a trade. Working with this team also provides broader exposure to non-investment functions within the firm including Compliance, Client Relations, and ESG.

Data Management

The Data Management group is responsible for the maintenance and validation of securities and portfolios, building business requirements for new data mappings, and ensuring proper dataflow between firm wide systems and reports. You will interact regularly with investment teams and build analytical and project management skills and learn how the ongoing changes within the financial industry impact data management.

Investment Analysis

The Investment Analysis team provides detailed performance analytics to GMO’s investment teams and clients. You will assume responsibility for asset class coverage, including the calculation of returns, attribution, exposure and risk analytics. Skills developed within Investment Analysis will include both GMO proprietary and third-party applications including FactSet, SimCorp and StatPro. In partnering with Global Client Relations and Portfolio Management, you will gain an in-depth knowledge of GMO’s products and strategies. 

Pricing Analytics

The Pricing group is responsible for providing timely and accurate valuation across all securities held within GMO funds. You will gain exposure across multiple asset types, ranging from equities and futures, fixed income, listed and unlisted derivatives and complex OTC instruments.

Reconciliations Analytics

The Reconciliations group is responsible for ensuring the integrity of data provided by custodian banks. You will have ownership for specific funds and have analytical, accounting, and reporting responsibilities for a number of GMO’s mutual funds, hedge funds and separately managed accounts. You will identify, research and resolve any and all discrepancies discovered through the review and validation of investment activity.

Shareholder Services

The Shareholder Services group is responsible for reviewing, processing and reporting institutional and high net worth client cash flows in mutual funds, hedge funds, and other complex investment products. You will partner closely with internal and external parties and develop client-facing skills while building a strong foundational knowledge of the various products GMO offers.

Qualifications

  • Completion of a Bachelor’s degree in Finance, Accounting, Economics, Business or a related field by June 2020.

  • Previous exposure to financial services through prior internships, personal projects and/or classwork.

  • Desire to learn a broad range of skills.

  • Effective verbal and written communication skills.

  • Strong quantitative and analytical abilities along with the ability to learn new concepts and systems efficiently.

  • Positive attitude, professional and mature.

  • Detail-oriented, able to effectively manage multiple tasks, and able to prioritize work.

Application Process

Step 1

  1. Submit a Statement of Interest that explains (please keep it to one page):

    • Why you want to pursue a career in asset management.

    • Tells us something about yourself that is not on your résumé.

  2. Include your current résumé.

  3. Include a copy of your transcript.

Step 2

Selected candidates will be asked to complete a phone interview or on-campus interview with the manager of the Investment Operations Associate program during October/November 2019.

Step 3

Selected candidates will be invited to an in-person interview at GMO’s Boston office during November 2019.

Company Profile

Founded in 1977, GMO is a private partnership committed to delivering superior investment performance and advice to our clients.  We offer strategies where we believe we are positioned to add the greatest value for our investors.  These include multi-asset class portfolios as well as dedicated equity, fixed income, and absolute return offerings, many of which employ the firm’s proprietary 7-year asset class forecasting framework.  Our client base is comprised primarily of institutions, including corporate and public defined benefit and defined contribution retirement plans, endowments, foundations, and financial intermediaries.

GMO, whose sole business is investment management, employs approximately 475 people worldwide and is headquartered in Boston with offices in San Francisco, London, Amsterdam, Sydney, and Singapore. We manage roughly $70 billion in client assets using a combination of top-down and bottom-up approaches that blend traditional fundamental insights with innovative quantitative methods to identify undervalued asset classes and securities. Our valuation-based approach embeds several key factors, including: A long-term investment horizon, discipline, conviction, and a commitment to research. Our research emphasizes not only identifying and exploiting pricing dislocations but also understanding the long-term drivers of return in the markets in which we invest. We are known for our candor in sharing our views with clients and for our willingness to take bold, differentiated positions when opportunities warrant.

Should you run into any technical issues while completing the online application, please email . 

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