Investment Operations Data Analyst - Equity

Putnam Investments - Boston, MA (30+ days ago)4.0


This position is for the 11:00 a.m. to 7:00 p.m. shift.

As part of the Market Data Services group, this individual will be responsible for the validation of information from third party sources and internal Putnam sources. The information will be specific to equity data required to support portfolio management, trading, research, client reporting and the portfolio construction process. The data analyst will be required to work in Putnam’s Boston office and will have daily interaction with the aforementioned teams.

The data analyst will be focused on security reference and analytical data for the universe of fixed income securities held by Putnam and our respective benchmarks.

The data analyst will interface with external and internal data providers and will also have extensive contact with the investment teams in determining and resolving data requirements. The data analyst will also work closely with the systems groups in identifying and resolving issues.

The data analyst will update and maintain data in various databases used by the investment teams and will coordinate resolutions of any problems in a timely manner.

This individual will be responsible for knowing what data the vendors provide as well as understanding how the data is used at Putnam.

This individual is also responsible for doing analysis and testing when reviewing enhancements that may change any methodology or structures within our systems. Primary responsibilities:

Perform timely and accurate review of data according to our set standards and procedures.
Maintain a high level of customer service by ensuring that all equity data issues are resolved, and action is taken to communicate effectively with our internal clients.
Identify best practices and define procedures for market data validations & controls; streamline and document new processes and guidelines as needed.
Proactively identify redundant and/or underutilized procedures and/or data validation methods
Partner with peer team members of the Security Reference Data team
Collaborate with Putnam’s technology group on special projects & database enhancements as needed.
Bachelor’s degree and 1-2 years of related experience (fund accounting, corporate actions etc.)
Strong orientation to and knowledge of investment management information needs
Strong attention to detail – ability to detect errors & take corrective action
Aptitude for data mining technologies – Excel, Access, SQL, ODBC
Knowledge equity market data required
Understanding of business concepts, basic accounting principles, accrual methodologies desirable
Exemplary communication, interpersonal, and presentation skills
Demonstrated ability to work independently and collaboratively with all levels of staff and management
Superior skill and ability in multi-tasking and appropriate prioritization
Ability to effectively respond to dynamically changing work environment and to positively influence business outcomes

At Putnam we are committed to a diverse workforce and take positive steps to ensure equal opportunity in our recruitment process. We also undertake to hire, develop and retain the most talented individuals by valuing the varied skills that you bring.