AVP, Trade Support Manager

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

About RenaissanceRe 

For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges.    To learn more, please visit us at Careers - RenaissanceRe (renre.com).  

About Investments  

Our Investments team manages RenaissanceRe’s $33 billion investment portfolio, allocating our assets, either directly or through investment managers, to deliver alpha against our strategic benchmark. We invest in a diverse range of assets from treasuries and corporate bonds to equities and private credit to provide capital and liquidity for underwriting risk and paying claims. Our investment portfolio is one of RenaissanceRe’s “Three Drivers of Profit”, along with underwriting income and fees, providing $1.7 billion in net investment income in 2024 to benefit our shareholders and joint venture partners.  RenRe has grown significantly over the past few years, both organically and through strategic acquisitions.   

About Investments Operations 

The Investments Operations team is responsible for supporting all Investments middle office activities, including trade support and settlement and counterparty maintenance for our internally managed portfolio, compliance, bank account management, data reconciliations and reporting, and performance and attribution. The team supports and works closely with Investments, Treasury, Finance, among other departments to ensure complete and accurate representation of our investment portfolio.  

Investment Operations is expanding to support the growing business demands. We are focused on increasing scalability through digitalization, automation, and streamlining processes to enable continued excellence in delivering to our clients, partners, stakeholders, and employees.  This is an exciting opportunity to join the transformation journey, work directly with the core Investments team, external managers, and on the BlackRock Aladdin platform.  

About the Position 

Reporting directly to the VP, Investment Operations, the AVP, Trade Support Manager will oversee the delivery of all trade support activities within the investment operations function, ensuring efficient and accurate execution of day-to-day trading and post-trade activities.  Successful candidates will be responsible for a wide variety of transaction management requirements, including oversight of outsourcing partners (notably BlackRock Operations), overseeing processing of trade transactions, through to settlement and ensuring timely and accurate cash and trade execution and reconciliation. Responsibilities will also include trade query and resolution, counterparty maintenance, corporate actions, support of Aladdin portfolio onboarding and asset transfers and oversight of  security data management .  Above all, they will support the seamless end-to-end transaction cycle for internal and external stakeholders.  The AVP, Trade Support Manager will  demonstrate excellent team and outsourcing partner management skills, sharp attention to detail, strong risk management and analytical skills, ownership mentality, and drive to solve problems.  Joining at a time of rapid growth, the right candidates will thrive in change environments, strive for continuous improvement, and embrace their role in enabling not just our investments operations but the overall business we support. 

The AVP, Trade Support Manager is based in our new Dublin office in Dawson Street and will be part of a global and collaborative team located in Bermuda, Dublin, London and New York. 

Key Responsibilities 

Trade Support 

• Manage the transition for partial middle-office outsourcing (BlackRock Trade Support Services) 

• Oversee the outsourcing partner and ensure service is delivered to a high standard 

• Lead trade capturing, confirmation, and settlement, ensuring timely and accurate recording of trade data, reconciling broker related data and third-party platform connectivity 

• Maintain the security master data, enabling appropriate financial data organization and downstream accessibility    

• Manage the review of security data quality across proprietary and external investment and trading systems, highlighting risks, opportunities for improvement, or other recommended updates 

• Oversee reconciliation of internal and external portfolios, including start of day cash & positions 

• Coordinate with counterparties, custodians, vendors, and systems in compliance with settlement instructions and operational best practices 

• Handle corporate action notifications and processing, including managing impact on portfolios  

• Maintain accurate records of transactions, identifying and reconciling data discrepancies  

• Assist with the mechanics of onboarding new portfolios  

• Assist with internal reporting as needed  

Team & Stakeholder Management 

• Coordinate with other pillar leads (including Compliance, Data & Reporting, Performance) to ensure cohesive delivery and successful outcomes  

• Proactively identify opportunities and drive initiatives that make our operations more scalable and efficient 

• Contribute to scalability through clear documentation of processes and procedures  

• Lead engagement with Trading team; proactively communicate on progress and activities which impact Trading activities 

Candidate Qualifications: 

• 7+ years of relevant experience in investment operations or middle office within the financial services industry, preferably within asset management 

• Practical experience with BlackRock Solutions Aladdin and Bloomberg required 

• Working knowledge of investments, fixed income markets, and/or fund accounting 

• Experience in managing 3rd party vendors & outsourcing providers  

• Strong analytical and data management skills  

• Proficiency with MS Office including Excel; general comfort navigating new technologies and systems 

• Ability to work both independently and collaboratively in a fast-paced, fluid environment 

• Risk management and analytical skills 

• Agility and adaptability; adept at staying goal-oriented in change environments 

• Strong documentation skills and attention to detail 

• A team player who enjoys rolling their sleeves up and helping out  

• Bachelor’s degree or equivalent experience 

We believe that meeting these requirements will position you for success in the role. However, if you fulfil most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn. 

We are an equal opportunity employer. We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories. 

Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.