About Us:

ProShares now offers one of the largest lineups of ETFs, with approximately $100 billion in assets. The company is a leader in strategies such as crypto, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

Position Summary:

The Credit and Counterparty surveillance position is responsible for the daily monitoring of PFG business partners.  The individual will also monitor current market events and recommend the approval of new counterparties based on standards defined by the credit committee.  The role will be responsible for the creation and maintenance of an in-house database of financial data of all PFA counterparties.  Finally, the role will be responsible for maintaining ongoing relationships with counterparties and financial officers necessary for the timely completion of annual due diligence reviews.

What You’ll Be Responsible For^[1]:

• Surveillance and monitoring of all counterparties:
  • Swap and repo
  • Authorized Participants
  • FCM’s
  • Custodians
  • Transfer Agents
  • Firm technology vendors and data providers
  • And any other firm who’s viability could directly or indirectly impact the financial condition of either PFG and its affiliates or any products it manages
• Development and Implementation of best practices with the goal of reducing firm wide risk.
• Ensure adherence to best practices.
• Create and implement an in house repository for all supporting data and files.
• Annual due diligence reviews and oversight of the firms’ internal credit team comprised of several portfolio managers.
• Assist in the monitoring of the money market fund sub advisory relationship.
• Daily surveillance of all counterparties and execution only brokers to ensure that they meet minimum credit standards.
• Daily surveillance of FCM’s to ensure that they meet minimum standards.
• Daily update of financial models.
• Daily monitoring of firm wide exposure and the distribution of reports to portfolio managers.
• Annual due diligence reports for all approved counterparties, FCM’s, and execution only brokers.
• Quarterly updates prepared for the credit committee.
• Other duties and responsibilities as assigned.

What You Bring:

• Undergraduate degree, Finance, economics, math, engineering, accounting, or related field.
• Five to seven years experience preferred at an asset manager or buy- side firm in a credit analysis role.
• Excel proficiency required. VBA and macro writing skills preferred.
• Familiarity with Bloomberg, Bridge, Trade Web.
• Requires reading and analyzing financial statements.
• Fundamental credit analysis and research.
• Requires understanding of Credit Default Swap spreads and their use in credit analysis.
• Requires extreme attention to detail.
• Requires strong quantitative and analytical skills.
• Familiarity of securities regulations.
• Requires strong oral, written, and presentation skill desirable.

Compensation & Benefits:

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $180,000 – $225,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.

Benefits Include:

• Competitive discretionary bonus
• Health care benefits (medical, dental & vision)
• Life, AD&D, supplemental life, disability, and legal benefit insurance
• 401(k) retirement plan with employer matching
• Spending accounts (Health Care, Dependent Care, and Transportation)
• Wellness programs — fitness reimbursement and Employee Assistance Program
• Education assistance
• Paid time off
• Hybrid work schedule (3 days in-office at our Bethesda, MD headquarters)
• Peer recognition and corporate matching gift programs

Our Benefits:

• Competitive pay and discretionary bonus
• Paid time off
• Health care benefits (medical, dental & vision)
• Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
• 401(k) retirement plan with matching contribution
• Spending Accounts (Health Care, Dependent Care, and Transportation)
• Wellness Programs (fitness reimbursement, Employee Assistance Program)
• Education assistance
• Hybrid work schedule
• Additional Programs include peer recognition, corporate matching gift

[1] These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required of this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

About Us:

ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with over $85 billion in assets. The company is a leader in strategies such as crypto-linked, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

Position Summary:

The Application Analyst in the Core Business Systems Team is responsible for supporting Investment Applications and related processes. The Analyst will blend financial industry knowledge with technology skills to ensure the needs of each system’s business owners and IT operations group are met. The Analyst monitors and troubleshoots critical day-to-day business processes to ensure key systems are operational, partners with system’s business owner to identify enhancements, ensures continuous improvement in operations, works with stakeholders to gather and define requirements, and helps with projects.

Essential Job Functions^[1]:

• 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 3^rd 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.

Education and Experience:

• A Bachelor’s degree in IT, Engineering, Finance, or equivalent job experience.
• A minimum of 2+ 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.

Knowledge, Skills and Abilities:

• Strong analytical and problem-solving skills.
• Individuals must be well organized and able to work in a team environment.
• Strong communication skills (both oral and written) and the ability to interact with various departments and all levels of management.
• Entrepreneurial spirit encompassing self-starting and high motivation.
• Ability to work independently with initiative and thoroughness.
• Developed time management and organizational skills and ability to properly prioritize work and meet deadlines.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $80,000 - $110,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.

Our Benefits:

• Competitive pay and discretionary bonus
• Paid time off
• Health care benefits (medical, dental & vision)
• Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
• 401(k) retirement plan with matching contribution
• Spending Accounts (Health Care, Dependent Care, and Transportation)
• Wellness Programs (fitness reimbursement, Employee Assistance Program)
• Education assistance
• Hybrid work schedule
• Additional Programs include peer recognition, corporate matching gift

[1] These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required of this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.