Hybrid Investment Services Associate — Asset Servicing

New York Life Insurance Co.; New York (NY); Hybrid; USD 75,000 - 107,000; Full time

Benefits offered by this job

Comprehensive benefits

Adoption assistance

Student loan repayment

Job summary

New York Life Insurance Co. is seeking an Investment Services Associate to join the Asset Servicing team. You will ensure accuracy of assets in the statutory accounting system and support key operational processes across the investment lifecycle.

The ideal candidate holds a BS in Finance or Business, with 2–4 years of investment services experience and familiarity with Bloomberg/Aladdin. This hybrid role offers a discretionary bonus program and comprehensive benefits.

Qualifications

• 2–4 years of investment services experience in supporting fixed income, derivatives, or mortgage loan products.
• Solid understanding of cash management processes and working with custodians or third-party providers.
• Ability to interpret and reconcile complex data sets and transaction flows.
• Good oral and written communication skills.

Responsibilities

• Reconcile settlements, principal, interest, and other investment-related payments for accuracy and timeliness.
• Analyze and process corporate action events and maintain asset data in the statutory accounting system.
• Monitor and validate cash balances across multiple accounts to ensure proper cash movement.
• Identify gaps or reconciliation issues and elevate appropriately.
• Recommend and support process improvements to enhance accuracy and reduce operational risk.
• Collaborate with internal and external partners across Investment Accounting, Operations, and Technology as needed.

Skills

Investment services experience

Data reconciliation

Communication skills

Time management

Education

BS in Business Administration or Finance

Tools

Bloomberg

Aladdin

AI tools

Job description

New York Life Insurance Co. is seeking an Investment Services Associate to join the Asset Servicing team. You will ensure accuracy of assets in the statutory accounting system and support key operational processes across the investment lifecycle.

The ideal candidate holds a BS in Finance or Business, with 2–4 years of investment services experience and familiarity with Bloomberg/Aladdin. This hybrid role offers a discretionary bonus program and comprehensive benefits.