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Form of workGuggenheim Investments is seeking an organized and detail-oriented candidate to join its Pricing team.
This position provides a unique opportunity to join a dynamic, evolving, and fast paced team. This role will directly report to the Head of Pricing and gain exposure to the process behind ensuring the accuracy of portfolio valuations and adherence to the pricing policy. It will involve executing key initiatives to build new capabilities such as increased automation, enhanced reporting and compliance with changing regulatory requirements.
In addition to strong multitasking and time management skills, the ideal candidate will be extremely thorough while having the confidence and communication skills to ensure work processes are completed accurately and appropriately.
The position is located in the Chicago office.
- Daily price change review across universe of holdings as well as providing these reports to the portfolio management teams
- Daily reconciliations of both the risk management system and the accounting system, making certain both systems are in sync, and updating when an override is necessary.
- Provide select fund administrators with pricing data in order to assist them with striking a NAV for their funds.
- Daily communication with pricing vendors on pricing challenges and querying their universe
- Monthly collection of vendor and dealer prices and aggregation in the pricing database.
- Monthly participation in portfolio valuation process
- Daily and monthly client deliverables (pricing reports, audit inquiries, price support, leveling, financial footnotes, etc.)
- Receive, document, and maintain pricing support for audit purposes and historical records.
- 2-4 years of work experience in the investment management industry, in pricing and valuation function at a mid to large investment manager. Understanding of fixed income securities
- Proficiency in VBA and SQL programming
- Undergraduate degree
- Understanding of the investment management business, multiple asset classes, pricing and valuation techniques, and investment/financial technology systems within an Asset Management setting
- Basic understanding of reconciliations
- Basic understanding of vendor, broker, and fair value pricing
- Strong situational awareness and decision making capabilities
- Outstanding communication skills, both written and verbal, with demonstrated ability to develop materials and effectively present to and persuade executive audiences
- Proficiency in all Microsoft Office products, with advanced emphasis on Excel
Actual base salaries may vary depending on factors such as location and experience.
Currently, this role is expected to be in the Chicago office at least 4 days per week.
Guggenheim Partners is a diversified financial services firm that delivers value to its clients through two primary businesses: #GuggenheimInvestments, a premier global asset manager and investment advisor, and Guggenheim Securities, a leading investment banking and capital markets business. Guggenheim’s professionals are based in offices around the world, and our commitment is to deliver long-term results with excellence and integrity while advancing the strategic interests of our clients.
Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimPartners.com, and follow us on LinkedIn and Twitter @GuggenheimPtnrs.
