HIMCO - Business Operations Specialist

Business Operations Specialist

Hartford Investment Management Company (HIMCO) is a team of investment professionals entrusted with over $114 billion in assets under management. These assets are managed on behalf of institutions, sub-advised mutual funds and non-affiliated insurance companies. HIMCO is also a wholly owned subsidiary of The Hartford Insurance Group, Inc. and manages assets on behalf of The Hartford's affiliated general accounts. As part of one of the oldest financial services companies in the United States, HIMCO has developed a strong results-oriented culture based on delivering superior investment solutions to our clients.

This position is within HIMCO Business Operations, which is responsible for the comprehensive operational support of HIMCO's Investment Operating Platform including the underlying Investment (IBOR) and Accounting (ABOR) Book of Record. This Business Operations role will be in the Asset Reconciliation and Control team.

Responsibilities Of The Position

This position works closely with various teams across Business Operations. The responsibilities include:

• Performing and analyzing basic position reconciliations between internal HIMCO systems and external custodian banks.
• Assisting with the administration and maintenance of Insurance State Deposits.
• Administration and maintenance of custodian access requests and quarterly reconciliation of access across custodial banks.
• Processing of state deposit and vendor invoices.
• Participate in projects or testing of enhancements as needed.
• Strive for continuous process improvement to fully utilize system capabilities, implement new tools, and streamline processes.
• Establishing and maintaining relationships with custodial banks, and other external parties and always representing HIMCO in a professional manner.

What We Are Looking For

HIMCO is looking for a candidate with:

• BS/BA degree in Finance, Business or related field and 1+ years of relevant experience preferred.
• Fundamental understanding of investment products and securities operations.
• Basic understanding of technology, including Excel, with the ability to adapt to new and changing systems.
• Excellent verbal and written communication skills.
• Ability to adapt to changing priorities.
• Demonstrate problem solving and critical thinking skills.
• Effective time management skills.
• Proactive ownership of issues; willing to recommend solutions and take charge to resolve.
• Strong customer service focus to provide excellent support to internal and external clients.
• Ability to work in a team environment and collaborate with colleagues.

Key Points

As a condition of your employment for HIMCO, you will be required to affirm to HIMCO's Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics. If you will be deemed to be a "Covered Associate" under HIMCO's Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.

This role will have a Hybrid work arrangement, with the expectation of working in an office (Hartford, CT) 3 days a week (Tuesday through Thursday) and remote on Mondays and Fridays.

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition.

The annualized base pay range for this role is: $66,521 - $79,679.

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age