Analyst, Data Mgmt & Analytics

Liberty Mutual Investments (LMI) is seeking an Analyst to join its Investment Operations Shared Services Team supporting the reconciliation function of invested assets. The Shared Services Reconciliation Team plays a critical role in ensuring the accuracy and integrity of investment data across multiple asset classes. Our team supports various investment types, including public equity, investment-grade and high-yield debt, structured credit (MBS/CMO), private credit, bank loans, and derivatives.

The Analyst will work closely with team members to fulfill reconciliation mandates, ensure operational efficiency, and enhance internal controls. The successful candidate will contribute to fostering an environment of continuous improvement and participate in initiatives aimed at increasing automation and process optimization.

Key Responsibilities:

• Perform reconciliation of cash, custodians, positions, and transactions between the Accounting Book of Records (ABOR), Custodians, and the Investment Book of Record (IBOR).
• Review outstanding cash and holding reconciliation items for potential material impact.
• Investigate and escalate discrepancies to ensure timely resolution.
• Maintain comprehensive backup documentation for reconciliation breaks and ensure completeness for monthly close processes.
• Monitor and enforce Service Level Agreements (SLAs) with internal and external stakeholders to ensure efficiency and effectiveness.
• Ensure compliance with internal controls, policies, and audit requirements.
• Analyze trends in discrepancies and recommend process improvements to enhance accuracy and minimize recurrence.
• Support the development and implementation of reconciliation automation initiatives to optimize operational workflows.
• Participate in additional daily tasks as required by the Lead or Manager.