Investment Operations Specialist
Primary Duties & Responsibilities
At Globe Life, we are committed to empowering our employees with the support and opportunities they need to succeed at every stage of their career. Our thriving and dynamic community offers ample room for professional development, increased earning potential, and a secure work environment.
We take pride in fostering a caring and innovative culture that enables us to collectively grow and overcome challenges in a connected, collaborative, and mutually respectful environment that calls us to help Make Tomorrow Better.
Role Overview:
Could you be our next Investment Operations Specialist? Globe Life is looking for an Investment Operations Specialist to join the team!
In this role, you will be responsible for assisting the Investment Operations Manager and other team members in the documentation and processing of all trades. The $20 billion in portfolios consists of corporate bonds, municipal bonds, commercial mortgage loans, Limited Partnerships, etc. The trade process is a critical function in the investment management process and includes entering trade details into spreadsheets, creating PDF packets, utilizing DocuSign for approvals, and allocating trades to different entities.
This position also supports daily cash/treasury functions responsible for over $3 billion of annual transaction activities including issuing commercial paper, processing inter-company loans, and dividend payments. The position requires strong Excel skills with a comfortable ease in working on multiple spreadsheets daily. Successful candidate must have ability to multi-task, be detail oriented, and have excellent communication skills.
The position works closely with all areas of Investments and Cash Management daily and communicates regularly with Financial Reporting and Tax departments. Our team believes that a healthy balance between work and life is essential for individual and group success.
This is a hybrid position located in McKinney, TX (WFH Monday & Friday, In Office Tuesday-Thursday).
What You Will Do:
- Responsible for trade processing cycle for all Globe Life investment transactions.
- Prepare and manage the investment transactions life cycle; from approvals, allocations, and trade affirmation with pro-active communication to custodians, cash management, and accounting staff as needed.
- Perform periodic tasks such as statutory deposit security movement with outside banks and insurance departments with various states.
- Prepare monthly reports for inter-company loans, subsidiary dividends, trade acquisitions and commercial paper using Excel.
- Perform periodic tasks such as back-up to share repurchase authorizations.
- Assist and backup investment department team members, as needed or as directed.
- Assist with inquiries from internal and external auditors, management, other Globe Life departments and external parties.
- Maintain and ensure compliance with internal controls, company policy and other statutory or regulatory requirements.
- Perform and assist with other investment projects and tasks as assigned.
What You Can Bring:
- Bachelor’s degree in business, accounting, finance, economics, or quantitative discipline (or related).
- Equivalent work experience in finance/investments (min 3-5 yrs).
- Basic knowledge of investments and accounting is preferred.
- Microsoft Word and Excel – intermediate to advanced level.
- Strong organizational skills and attention to detail.
- Ability to work independently on regularly assigned tasks.
- Excellent written and verbal communication skills.
- Ability to work as a team player.
- Strong work ethic and understanding of financial concepts.
- Willingness to take on additional duties as requested or required.
- Prior use of Trade Order Management systems or Clearwater Analytics is a plus.
Applicable To All Employees of Globe Life Family of Companies:
- Reliable and predictable attendance of your assigned shift.
- Ability to work full time and/or part time based on the position specifications.
How Globe Life Will Support You:
Looking to continue your career in an environment that values your contribution and invests in your growth? We've curated a benefits package that helps to ensure that you don’t just work, but thrive at Globe Life:
- Competitive compensation designed to reflect your expertise and contribution.
- Comprehensive health, dental, and vision insurance plans because we believe that taking care of your well-being is fundamental to your performance.
- Robust life insurance benefits and retirement plans, including company-matched 401k and pension plan.
- Wellness club reimbursements and gym discounts to help you stay on top of your health.
- Paid holidays and time off to support a healthy work-life balance.
- Development training programs to enhance your skills and career progression and unlock your full potential.
Opportunity awaits! Invest in your professional legacy, realize your path, and see the direct impact you can make in a workplace that celebrates and harnesses your unique talents and perspectives to their fullest potential. At Globe Life, your voice matters.
