Operational Risk and Control: Business Analyst Co-op
Co-op Program Overview
Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world. The Arrowstreet Co-op Program provides an exciting opportunity to learn about the institutional asset management industry and Arrowstreet as a company while gaining deep experience within a specific function. The co-ops are highly valued members of the team and participate in team meetings, perform business-critical work and receive real-time, balanced feedback. They enjoy all the perks of being an employee at Arrowstreet, including a warm and friendly work environment and a relaxed, business-casual dress code. The co-ops across the organization come together on a regular basis to meet members of the firm's leadership and to learn about all aspects of the investment management process.
Responsibilities
• Leverage third-party screening technology to review and assess third parties for potential legal, regulatory or reputational risks
• Conduct surveillance of electronic communications and escalate potential findings to the Chief Compliance Officer
• Coordinate on ad hoc deliverables across multiple teams within Operational Risk and Control as well as Regulatory Compliance
• Evaluate and propose enhancements to processes across multiple teams
• Prepare and present project updates to the Head of Operational Risk and Control, Regulatory Compliance, and the Chief Compliance Officer
• Test internal controls as a part of Arrowstreet's Compliance Testing Program
• Support monitoring or compliance with our firm's compliance manual and code of ethics
• Collaborate with other Arrowstreet teams (portfolio management, legal, client reporting and trade compliance) to research compliance related matters
• Interpret data and analyze results to provide ongoing reporting to members of the Operational Risk and Control team
The ideal candidate will be:
• Self-motivated with excellent organizational and time management skills
• Detail-oriented
• Able to multi-task and work on a variety of assignments
• Comfortable following directions, collaborating with a team while at times working independently and comfortable asking questions to help further regulatory knowledge
• Able to establish effective working relationships with other team members and other stakeholders, both internal and external to Arrowstreet
• Committed to the quality of their work product and seeing assignments through to completion
• Able to problem solve and propose solutions to team members
Qualifications
• Strong academic record in the undergraduate program
• Excellent organizational, analytical and problem-solving skills
• Strong Microsoft skills (Word, Excel, PowerPoint)
• Excellent communication skills both written and verbal
• An interest in asset management or regulatory environment and developments
The hourly wage range for this position is $21-$29 per hour.
Arrowstreet Capital operates a robust talent acquisition program, and we also seek to compensate and reward our employees competitively within our industry and in line with our merit-based culture. The determination of a successful candidate's base wage placement within the listed range will vary based on the candidate's relevant experience and qualifications (which may also include relevant certifications, credentials and other education), the job responsibilities and scope, the commensurate resulting level of the position and other relevant factors. The listed range is also an estimate, and additional information regarding base wages and other elements of total compensation offered by Arrowstreet Capital to successful applicants will be communicated during the recruitment process.
Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world.
All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, ancestry, genetic information, age, pregnancy, medical condition, disability, veteran or military status, marital status or any other characteristic protected by federal, state, or local law.
Arrowstreet Capital is committed to working with and providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation for any part of the employment process due to a disability, contact us to discuss the nature of your request and contact information.
