Trade Support Analyst

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 $29 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 $1.2 billion in net investment income in 2023 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, counterparty maintenance, 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 Investments 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 AVP, Trade Support Manager, the Trade Support Analyst will provide crucial support to the Investments Operations team as we scale to fit our expanded remit.  This person will assist in post-trade activities, including portfolio onboarding, counterparty maintenance, security data management, asset transfers, cash management, trade confirmation, trade settlement, trade query and investigation, corporate actions, custody, and reconciliations. 

The Trade Support Analyst will be based in the Dublin office and work alongside peers on the Investments Operations team.  We have teams based in Bermuda, Dublin, London, and New York, creating a vibrant and collaborative environment.   

Key Responsibilities

• Perform trade capturing, confirmation, and settlement, ensuring timely and accurate recording of trade data and reconciling broker-related information

• Execute daily reconciliation of internal and external portfolios, including start of day cash & positions, supporting month-end processes

• Support post-trade activities including confirmations, settlements, trade query resolution, and maintain settlement instructions in compliance with operational best practices

• Coordinate with counterparties, custodians, vendors, and BlackRock Operations team to ensure compliance with settlement instructions and agreed SLAs

• Assist with portfolio onboarding, offboarding and maintenance activities using internal and external systems.

• Maintain security master data accuracy, enabling appropriate financial data organization and supporting daily data quality checks using system controls framework

• Handle corporate action notifications and processing; manage impact on portfolios when corporate actions occur

• Support coordination with Trading team and other pillar leads (Compliance, Data & Reporting, Performance) on activities impacting their areas

• Identify opportunities for operational scalability and efficiency, contributing to automation initiatives and participating in UAT and providing documentation of processes and procedures, as needed

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

• Support operational and management reporting requirements as needed

Candidate Qualifications:

• Minimum of 3+ years of relevant experience in Investment Operations or Middle Office within the financial services industry

• Experience with BlackRock Solutions Aladdin and Bloomberg an advantage

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

• Strong analytical and data management skills

• Proficiency with MS Office including Excel

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

• 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.