Nationwide Insurance

Senior Investment Analyst, Investments Back Office Reconciliations

Nationwide Insurance • $99K — $165K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Business Administration, Finance, or related field
  • 5-7 years in Investment Operations or Financial Services
  • Proficiency with reconciliation processes, including transaction and cash reconciliations
  • Intermediate knowledge of Fixed Income and Equity Securities
  • Strong analytical and problem-solving skills

Responsibilities

  • Assess and enhance reconciliation methods to identify gaps and improve efficiencies
  • Collaborate with stakeholders to develop efficient reconciliation processes
  • Adopt a forward-thinking approach to reconciliation landscapes
  • Coordinate with internal and external parties for timely data access
  • Ensure reconciliations meet established timelines and best practices
  • Advocate for Nationwide's interests with custodians and asset managers
  • Manage financial risk controls tied to reconciliation processes

Benefits

  • Medical, dental, and vision insurance
  • Life insurance and disability coverage
  • Minimum of 18 days paid time off per year, pro-rated quarterly
  • Nine paid holidays plus additional Lifetime and Unity Day paid time off
  • 401(k) with company matching contributions
  • Company-paid pension plan
  • Business casual dress code
Full Job Description
The hired associate must reside within 35 miles of the following location: Columbus: One Nationwide Plaza, Columbus OH, 43215 Work schedule: 3 days in office, 2 days remote. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. #LI-SS1 Job Description Summary Nationwide's vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses and futures with extraordinary care. The Nationwide Investments team manages approximately $175 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results. The Senior Investment Analyst, Investments Back Office Reconciliations has responsibilities for reconciliations across cash, securities, asset values, commitments and payables/receivables. The individual works across the Back Office to drive closure of open items and across Nationwide's Office of Investments, Custodians, Asset Managers, and Technology Providers to obtain the data and abilities necessary to support an ever more complicated environment. Job Description Key Responsibilities: 3 Assess current state reconciliation landscape, identify gaps/areas for improvements, develop innovative and efficient reconciliation methods, and drive timely resolution of exceptions 3 Partner with stakeholders, incl. Technology, to design more detailed, scaled, and efficient reconciliations 3 Adopt a proactive mindset to incorporate the current state reconciliation landscape with an eye toward the future 3 Work with external and internal counterparties to ensure that the team has consistent access to (structured) data on a timely basis 3 Ensure reconciliations and any required follow up are conducted within timelines established under controls and best practices 3 Advocate for Nationwide needs in interactions with custodians, external parties (e.g., asset managers), and clients 3 Work with internal partners to ensure that the Back Office understands and can support the needs of Controllership, Financial Risk Controls, Internal Audit, External Audit, the Front Office, and Senior Management 3 Act as the primary owner of financial risk controls that are supported by the reconciliation infrastructure May perform other responsibilities as assigned. Reporting Relationships: Fixed Income Operations - Investment Professional or Senior Investment Professional Typical Skills and Experience: Education: Bachelor's degree in Accounting, Business Administration, Finance, or a related field. Experience: 5 to 7 years of experience in Investment Operations, Business Intelligence Reporting, Investment Accounting, or Financial Services. Experience with reconciliation processes, including transaction, position, and cash reconciliations, is strongly preferred. Knowledge, Abilities and Skills: 3 Knowledge of reconciliation and investment asset management best practices 3 Distill data and information in a meaningful way 3 Lean in and challenge thinking 3 Finding opportunities to enhance knowledge and skills 3 Trying new things, asking questions, searching for answers, and taking in new information 3 Value differences and seek diverse perspectives 3 Conceptual understanding of end-to-end investments process flows 3 Intermediate understanding of Fixed Income and Equity Securities Other criteria, including leadership skills, competencies and experiences may take precedence. Staffing exceptions to the above must be approved by the hiring manager's leader and HR Business Partner. Values: Regularly and consistently demonstrates Nationwide Values. Job Conditions: Overtime Eligibility: Not Eligible (Exempt) Working Conditions: Normal office environment. Some travel may be required. ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties. Credit Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process. Benefits We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here. NOTE TO EMPLOYMENT AGENCIES: We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means. Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule. The national salary range for Senior Investment Analyst, Investments Back Office Reconciliations : $99,500.00-$165,500.00 The expected starting salary range for Senior Investment Analyst, Investments Back Office Reconciliations : $99,500.00-$165,500.00

About Nationwide Insurance

Nationwide Mutual Insurance Company & Affiliated Companies is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. Nationwide has grown from a small mutual auto insurer owned by policyholders to one of the largest insurance and financial services companies in the world, with more than $158 billion in statutory assets.

Nationwide Insurance Careers

Join the Nationwide Insurance team today and be part of a company that values innovation, leadership, and diversity. As one of the leading insurance and financial services providers, Nationwide offers unparalleled job opportunities that foster professional growth and development. Work You’ll Do At Nationwide Insurance, you’ll contribute to projects that impact lives and help communities thrive. You’ll work alongside a team of experts dedicated to upholding the highest standards in insurance and financial services. Our culture is built on a foundation of respect and integrity, driving us to achieve excellence in everything we do. Nationwide Insurance is not just about insurance; it’s about fostering an environment of continuous growth and innovation. With a variety of career paths available, from customer service to claims management, each position offers the chance to make a significant impact. Join Our Market-Leading Team Nationwide Insurance is home to some of the most dedicated professionals in the industry. Our team benefits from leadership that is committed to personal and professional development, ensuring that every employee has the opportunity for career advancement and skill enhancement. Innovate with Us Embrace the opportunity to work on groundbreaking projects that set industry standards. Nationwide’s commitment to innovation means constantly seeking out new ways to improve our services and processes, benefiting both our customers and our team members. Internship and Employment Opportunities Start your career with Nationwide Insurance through our internship programs or dive straight into a fulfilling career with vast employment opportunities. We are looking for passionate, curious, and driven individuals ready to make a difference in the insurance industry. Diversity and Inclusion At Nationwide, diversity and inclusion are more than just words—they are principles guiding how we build our teams, cultivate leaders, and create a company that’s the right fit for every person inside of it. We offer diversity training and resources that promote an inclusive workplace. Benefits and Culture Nationwide Insurance is committed to supporting our team members’ well-being both inside and outside of work. Our benefits package includes comprehensive health care, retirement plans, and generous paid time off. More than just benefits, our company culture encourages networking, mentorship, and community involvement. Career Development Invest in your future with Nationwide Insurance’s career development programs. From resume and interview workshops to advanced leadership training, we provide the tools to help you succeed and advance within the company. Stay Connected Join Our Team Explore the various positions available at Nationwide Insurance that match your skills and interests. We are continuously hiring and looking for new talent to join our professional network. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights—all from the people who work at Nationwide Insurance. Job Alert Emails Customize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Nationwide Insurance. Join Nationwide Insurance today and be part of a team that is dedicated to making a difference in the lives of our customers and communities.
Learn more about Nationwide Insurance
Size
28,000 employees
Industry
Founded
1925

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