Senior Investment Operations Associate

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Senior Investment Operations Associate in our Investments & Treasury team.

This role will support the Investment and Treasury team across a broad range of middle office and operational activities, with a particular focus on trade support, cash and liquidity movements, reconciliations, account maintenance, and operational controls. The successful candidate will bring a strong investment operations background, sound judgment, and the ability to operate effectively in a fast-paced, global environment. This position will also play an important role in supporting investment activity across U.S., U.K., European, and global markets, partnering with internal stakeholders and external counterparties to ensure accurate, timely, and controlled execution of operational processes.

Location: This position will be based out of our Purchase, NY office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

• Support and oversee account administration activities, including the onboarding of new investment portfolios, bank account openings, and ongoing account maintenance and updates.
• Oversee daily and intraday cash movements to support operating requirements, investment funding needs, and broader liquidity management activities.
• Coordinate securities transfers and margin-related activity, including the timely processing of margin calls.
• Participate in letter of credit issuance, maintenance, and reconciliation.
• Oversee capital calls, ensuring appropriate recording, tracking, and funding.
• Provide post-execution trade support for fixed income transactions, from confirmation through settlement, across U.S., U.K., European, and other global markets.
• Perform and review cash and position reconciliations across investment portfolios, investigating and resolving exceptions on a timely basis.
• Liaise with traders, counterparties, custodians, banks, and other internal and external stakeholders to resolve operational inquiries and settlement issues.
• Maintain standard settlement instructions and support the setup and ongoing maintenance of counterparty information.
• Support month-end, quarter-end, and year-end reporting processes, including audit requests, control documentation, and operational reporting.
• Contribute to the ongoing review and enhancement of operational procedures, controls, and governance frameworks.
• Identify opportunities for process improvement, standardization, and automation to enhance efficiency, scalability, and risk management.
• Provide day-to-day guidance and informal mentorship to less experienced team members, as appropriate.
• Participate in ad hoc projects and strategic initiatives related to investment operations, treasury activities, systems implementation, and process enhancements.

What you’ll bring:

• Bachelor’s degree in Finance, Accounting, or a related business discipline.
• Significant relevant experience in investment operations, treasury operations, or a related middle office function; senior-level experience expected, typically including 7+ years in a similar environment.
• Strong working knowledge of investment operations processes, including trade confirmation and settlement, reconciliations, cash management, account administration, and collateral or margin activity.
• Experience supporting fixed income products across multiple markets and currencies preferred.
• Familiarity with operational requirements in U.K. and international market environments is strongly preferred.
• Prior experience working with ALERT, CTM, DTCC, Clearwater, Bloomberg AIM, and Kyriba preferred.
• Advanced Excel skills, including the use of Pivot Tables, arrays, and lookup functions such as VLOOKUP and XLOOKUP.
• Strong analytical and problem-solving skills, with a high degree of accuracy and attention to detail.
• Ability to manage competing priorities and work effectively under pressure in a deadline-driven environment.
• Strong interpersonal, written, and verbal communication skills.
• Collaborative, team-oriented approach with the confidence to engage across functions and with external market participants.
• Strong control mindset, with a focus on operational risk awareness, issue escalation, and process discipline.
• Experience working within an insurance asset management, treasury, or broader institutional investment environment.
• Exposure to global custodians, external investment managers, and multi-currency portfolios.
• Demonstrated ability to improve processes and contribute to a well-controlled, scalable operating model.

Salary Range: $80,000–$120,000. Actual compensation for this role will depend on several factors, including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that is adjusted upfront based on overall Company performance, with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:

• Two medical plans to choose from, including a Traditional PPO and a Consumer Driven Health Plan with a Health Savings Account providing a competitive employer contribution
• Pharmacy benefits with mail-order options
• Dental benefits, including orthodontia benefits for adults and children
• Vision benefits
• Health Care and Dependent Care Flexible Spending Accounts
• Company-paid Life and AD&D benefits, including the option to purchase supplemental life coverage for employees, spouses, and children
• Company-paid disability benefits with competitive salary continuation payments
• 401(k) Retirement Savings Plan with competitive employer contributions
• Competitive paid-time-off programs, including company-paid holidays
• Competitive parental leave benefits and an adoption assistance program
• Employee Assistance Program
• Tax-Free Commuter Benefit
• Tuition Reimbursement and Professional Qualification benefits

Who we are and what we stand for

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.