Investment Operations Business Analyst II

We're Looking for an experienced Operations Analyst!

Security Benefit is a leader in the U.S. retirement market with more than $60 billion in assets under management. We offer opportunities to thrive, innovate, and make an impact. As part of our team, you’ll play a key role in driving the future of the U.S. retirement industry. Security Benefit is a PLACE where we promise to help our customers To and Through Retirement.

We’re proud to have been recognized as one of the best in the business:

• Named to Ward’s 50 list of top-performing life-health insurance companies
• Recognized on list of Ingram’s Top 100 Private Companies in the Kansas City area in 2024

The Investments Operations Business Analyst II position reports to the Investment Operations Manager and will be based out of our home office in Topeka, Kansas or our Des Moines, Iowa location. We work a hybrid schedule, offering flexibility to work both remotely and on-site.

• Assists with leading the development, implementation, and continuous improvement of standardized procedures supporting the full lifecycle of an investment, including trade-specific information management, documentation protocols, and reconciliation frameworks aligned with industry best practices.
• Drives daily operations across investment operations functions, with primary accountability for cash and position reconciliation workflows — including identifying, escalating, and resolving breaks — onboarding, cash forecasting, corporate action processing, payment validation, monthly valuations, and ad hoc reporting.
• Serves as a point of escalation for reconciliation discrepancies and unmatched payment records; leads root cause analysis, coordinates resolution with internal and external parties, and implements controls to prevent recurrence.
• Directs and coordinates reconciliation inquiries with custodians, brokers, clients, Front Office, Investment Accounting, IT, Treasury, and outsource providers to ensure accurate, timely resolution of cash and position breaks and to support efficient trade and payment transmission.
• Oversees the review and analysis of data for completeness, validity, and reasonableness across multiple systems; ensures details adhere to agreed standards and established controls while maintaining current knowledge of industry best practices.
• Manages the production, review, and sign-off of required reports — including trade blotters, wire reports, reconciliation variance reports, and payment notifications — for internal service partners, senior management, and auditors.
• Mentors and trains team members on reconciliation processes, systems, and operational workflows; provides guidance on research methodologies and resolution strategies for complex breaks.
• Prepares, reviews, and oversees periodic financial reports and operational documents, ensuring accuracy and timely delivery to stakeholders.

• Bachelor's degree in Finance, Accounting, or Business Administration — or equivalent professional experience
• 5+ years of experience in Investment Operations or Financial Services, with demonstrated expertise in one or more of the following:
  Asset Servicing, Loan Servicing, Data Management, or Trade Operations
• Deep working knowledge of investment products including loans, bonds, equities, and alternative investments, with familiarity in structures such as loan syndications, securitizations, Direct Lending, Mezzanine, CLOs, and Asset-Backed financing
• Proven ability to analyze financial documentation, identify operational gaps, and develop or refine procedures that improve accuracy and efficiency
  
  Strong written and verbal communication skills, with the ability to convey complex financial detail clearly and work cross-functionally across all levels of the organization
• Highly organized with the ability to prioritize and manage multiple time-sensitive requests simultaneously, maintaining a high standard of accuracy and responsiveness under competing deadlines
• Proficient with industry platforms and tools, including one or more of the following: PAM for Investments, Clearwater, Everest, Charles River, DTCC, WSO, Clearpar, Markit, Fact Set, Bloomberg,…