Multi-Asset Trade Operations Analyst

Multi-Asset Trade Operations Analyst

Requisition

Employment Type:

Unclassified Regular Full-Time (URF)

Division:
Multi-Asset Trade Operations

Compensation:
Depends on Qualification

Job Closing: 11/15/2026 at 11:59pm CST

Location:

TRS Headquarters Building 2, 1900 Aldrich Street, Austin, Texas, 78723, United States

With the Investment Management Division (IMD) you will be joining a diverse group of achievers who celebrate the unique value individuals bring to support our shared cause: earning trust and contributing to the financial future of 2 million public education employees and retirees throughout Texas.

Navigating the current market environment takes innovation and we’re passionate about stewarding the right investments to make an impact both in the lives of our members and all Texans. We invite you to partner with the best financial minds in the business to manage a global portfolio of over $200 billion in public and private investments. Our success starts with you.

The Multi-Asset Trade Operations Analyst is responsible for supporting the full investment lifecycle by overseeing the post-trade allocation process, including corporate actions, proxy events, tax services, trade settlement, and reconciliations across multiple asset classes. The incumbent will play a vital role in protecting assets, minimizing operational risk, and supporting the broader investment mission. This position will proactively work with the Multi-Asset Trade Operations team, Investment Operations, IMD staff, and TRS partners.

• Validates, reconciles, and processes corporate action events across internal systems and external sources (e.g., custodians) to ensure timely, accurate execution and effective exception resolution.
• Manages the full corporate action lifecycle- from announcement through election/entitlement, instruction, confirmation, and posting-maintaining appropriate audit trails and escalating issues as needed.
• Ensures Order Management System (OMS) is reflecting current, tradeable positions

• Tracks proxy voting events, ballots, and key deadlines to ensure timely review and execution.
• Supports vote reconciliation by comparing ballot instructions, custodian records, and proxy agent confirmations.
• Confirms votes are submitted accurately and documented in accordance with internal governance procedures.
• Partners with custodians, proxy agents, investment teams, and other internal stakeholders to resolve proxy-related inquiries and exceptions.
• Maintains supporting records to demonstrate compliance with proxy voting policies, governance standards, and operational controls.

• Supports withholding tax processing by researching tax treatment, reviewing income events, and helping resolve withholding-related exceptions.
• Coordinates relief-at-source elections by gathering required documentation, validating eligibility requirements, and collaborating with custodians and internal stakeholders to complete submissions.
• Prepares and submits tax reclaim packages, including supporting forms, certifications, and other documentation required by markets, custodians, or tax authorities.
• Identifies, investigates, and escalates tax-related breaks, discrepancies, and rejected claims to ensure timely resolution.

• Trade confirmation and settlement:
  Supports timely confirmation, communication, and settlement of equity and fixed income transactions across internal teams, trading desks, and custodians.
• FX order coordination:
  Submits foreign exchange orders to the internal trading desk to support international trade activity, income repatriation, and related liquidity needs.
• Position reconciliation:
  Performs ongoing reconciliation between internal systems and custodians to support data integrity, issue resolution, and operational control.
• Supports fixed income trades and position lifecycle events, including accruals, maturities, and factor changes, ensuring accurate bookings, cash flows, and reconciliations.
• Performs related work as assigned.

• Bachelor’s degree from an accredited college or university in accounting, finance, information systems or a closely related field.
• High school diploma or equivalent and additional full-time experience in investment operations, accounting, financial analysis, or related experience requiring compilation, reconciliation, and/or analysis of detailed information. or related experience may be substituted on an…