Full-Time

Analyst – Investment Applications

Confirmed live in the last 24 hours

ProShares

ProShares

51-200 employees

Offers a variety of Exchange-Traded Funds

Fintech
Financial Services

Compensation Overview

$90k - $120kAnnually

Senior

Bethesda, MD, USA

Hybrid work schedule.

Category
Investment Banking
Finance & Banking
Required Skills
Python
SQL
Java
C#
JIRA
Jenkins
Confluence
C/C++
Requirements
  • A Bachelor’s degree in IT, Engineering, Finance, or equivalent job experience.
  • A minimum of 7+ years of experience working with OMS and IBOR systems, in-depth understanding of trade lifecycle, fund operations and front-to-middle office functions.
  • Strong business analyst experience (requirements gathering, documentation, design, configuration, testing)
  • Ability to prioritize and triage multiple production issues.
  • Experience working with Eze OMS, Advent, Electra, and FTP processes required.
  • Programming languages: Java, Jenkins, Python, SQL, VBA, C#, C++.
  • Experience working with Data Warehouse, JIRA, and Confluence preferred.
Responsibilities
  • Manage and maintain the company’s Investment Applications such as OMS, IBOR, Collateral System, and Order Taking platforms.
  • Analyze and resolve system problems to ensure continuous system operations.
  • Document and triage issues and escalate to internal IT team and when applicable 3rd party system provider.
  • Work with business stakeholders and subject matter experts to identify and define system enhancement projects.
  • Assist subject matter experts with analysis, planning, design, development, and utilization of Portfolio systems.
  • Perform high level and detailed requirements definition, test planning and execution.
  • Document requirements and participate in design of various application integration and automation processes.
  • Assist with implementing fund changes, building reports, and testing downstream/upstream data in Middle Office systems.
  • Monitor metrics and develop ways to improve.
  • Document key processes and procedures, log critical issues and enhancement tickets in JIRA.
  • Assist with project management by coordinating with stakeholders and maintaining project documentation such as issues, risk, and decision logs.
  • Assist in developing automated solutions to meet daily operational needs.
  • Oversee security master data, and necessary changes are made.
  • Monitor trade flow between OMS and IBOR.
  • Work with dealers and custody to improve and optimize workflows.
  • Build out Electra Reconciliations.
  • MFT file monitoring of critical files between Portfolio systems.
  • Facilitate cross-functional understanding of process management needs.
  • Other duties and responsibilities as assigned.

ProShares specializes in providing Exchange-Traded Funds (ETFs) that are traded on stock exchanges like stocks. Their offerings include a variety of ETFs that cater to different investment strategies, such as those focusing on dividend growth, specific sectors, and leveraged or inverse funds. For instance, the S&P 500 Dividend Aristocrats ETF targets companies with a history of increasing dividends, while the Ultra Gold ETF aims to deliver double the daily performance of gold prices. ProShares generates revenue primarily through management fees based on the assets under management, and they also engage in trading activities. What sets ProShares apart from competitors is their focus on innovative ETF solutions that allow investors to diversify their portfolios, manage risk, and achieve specific financial goals, making their products suitable for both short-term traders and long-term investors.

Company Stage

IPO

Total Funding

N/A

Headquarters

Bethesda, Maryland

Founded

1999

Growth & Insights
Headcount

6 month growth

4%

1 year growth

4%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • ProShares' innovative ETF offerings allow investors to diversify their portfolios and manage risk effectively, appealing to a broad range of investment strategies.
  • The company's strong market presence and continuous inflow of investments, as seen with the new investments in ProShares UltraPro QQQ, indicate robust growth potential.
  • ProShares' expertise in creating sector-specific and leveraged ETFs provides employees with opportunities to work on cutting-edge financial products.

What critics are saying

  • The competitive ETF market, with new entrants like T-Rex launching 2X Bitcoin ETFs, could pressure ProShares to continuously innovate to maintain market share.
  • Market volatility, especially in sectors like cryptocurrency, can impact the performance of ProShares' leveraged and inverse funds, posing risks to investors and the company's reputation.

What makes ProShares unique

  • ProShares stands out by offering a diverse range of ETFs, including leveraged and inverse funds, which cater to both aggressive and conservative investment strategies.
  • Their focus on innovative ETF solutions, such as the S&P 500 Dividend Aristocrats ETF and Ultra Gold ETF, provides unique investment opportunities not commonly found in the market.
  • ProShares' ability to attract significant investments from financial groups like Sovereign Financial Group Inc. and Cerity Partners LLC underscores their credibility and market trust.

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