Investment Services Associate

New York Life Insurance Co.; New York (NY); Sur place; USD 75 000 - 107 000; Plein temps

Avantages offerts par ce poste

Comprehensive benefits

Adoption assistance

Student loan repayment

Résumé du poste

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.

Responsabilités

• 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.

Connaissances

Investment services experience

Data reconciliation

Communication skills

Time management

Formation

BS in Business Administration or Finance

Outils

Bloomberg

Aladdin

AI tools

Description du poste

Location Designation:

Hybrid - 4 days per week

About New York Life Investment Management

With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. NYLIM brings together the firm’s global investment teams under one unified brand, combining specialized expertise with the strength and stability of New York Life.

Our platform is built on disciplined active management, deep investment capabilities and a long-term partnership approach designed to deliver enduring value across market cycles and help clients navigate the next era of investing.

More powerful, together, we combine the agility of specialized investment teams with the scale and longevity of a leading mutual institution.

Overview Of Role

NYLIM is seeking a detail-oriented and proactive Investment Services Associate to join our Asset Servicing team. This role is responsible for the ongoing maintenance and accuracy of assets within the statutory accounting system, supporting key operational processes that ensure data integrity across the investment lifecycle.

What You'll Do

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

What You'll Bring

• BS in Business Administration or Finance
• 2-4 years of Investment services experience supporting Fixed Income, Derivative, and/or Residential mortgage loan products
• Solid understanding of the cash management process, and experience working with custodians, counterparties, and/or third-party service providers.
• Ability to interpret and reconcile complex data sets and transaction flows.
• Proven ability to manage time, meet deadlines, and adapt to changing priorities.
• Experience with Bloomberg, Aladdin, and AI tools a plus
• Strong technical skills are a plus.
• Good oral and written communication skills
• Excellent interpersonal, teamwork and client service skills

Job Level: LEVELPF2

Pay Transparency

Salary Range: $75,000-$106,500

Overtime eligible: Exempt

Discretionary bonus eligible: Yes

Sales bonus eligible: No

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.