Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

The Specialist Financial Ops Valuation, under limited supervision, is responsible for monitoring the calculation and review of custom fund of funds, resolving any issues arising during the daily process. Candidate also plays a role in ensuring mutual fund pricing and dividend/capital gain distributions are processed accurately and in a timely manner.  Reviews accuracy and timeliness of reports and reconciliations.

DUTIES / RESPONSIBILITIES / ESSENTIAL FUNCTIONS:

• Completes daily tasks relating to the NAV calculation of custom fund of funds
• Assist with the daily tasks related to the calculation of wrapped variable annuities; issues are to be properly addressed and corrected
• Works daily, weekly, monthly control reports to ensure ICOFR and SOX compliance
• Coordinates and communicates between numerous departments to ensure correct setup and calculation of funds
• Receive, review and load of daily mutual fund prices, income accrual rates, and periodic dividends to fund accounting, trading and record keeping system
• Assists with year-end ERISA 5500 reporting
• Reviews monthly accounting statements to ensure accuracy
• Assists with complex issue resolution related to but not limited to trading, valuation, share reconciliations, etc.
• Reconciles expenses and creates payments to various parties
• Initiate and monitor custom fund of funds target allocation rebalancing
• Responsible for completing various departmental controls, including but not limited to; trial balance research, equity rollforward, dividend tracking, etc.
• Responsible for completing assigned projects within established deadlines
• Other duties as assigned

EDUCATION:

• Bachelor’s degree in accounting, finance, related field, or equivalent experience
• MS Office experience preferred, particularly Excel and Access

REGISTRATIONS / CERTIFICATIONS / LICENSING REQUIRED:

• FINRA Fingerprinting Required

AUTONOMY:

Using established procedures and working under immediate supervision, performs assigns tasks. Resolves most questions and problems independently but refers complex issues to higher levels.

INTERNAL & EXTERNAL CONTACTS:

Investment Setup

Trading

Reconciliation

Client Relationship Team

This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job.  The employer has the right to revise this job description at any time.   You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job description.   You may be required perform other duties that are not included on this job description. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason, as per terms and conditions of your employment contract.

We are an equal opportunity employer with a commitment to diversity.  All individuals, regardless of personal characteristics, are encouraged to apply.  All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.