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Analyst, Eligibility and Damages in Medford, Massachusetts at Financial Recovery Technologies LLC

NewJob Function: General Business
Financial Recovery Technologies LLC
Medford, Massachusetts, 02155, United States
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Job Description

Description:

Analyst, Eligibility and Damages

400 River’s Edge Drive, 4th Floor, Medford, MA 02155; must work locally in MA or NH with ability to work in-office on request for first year of employment, then option for remote work in MA or NH with at least one day per quarter in office.

Join a fast-growing company that's transforming the industry! Financial Recovery Technologies (FRT) is a technology-based services firm that helps institutional investors identify, file claims, and collect funds made available in securities class action settlements globally.

As an Analyst, Eligibility and Damages, you will be responsible for securities trading data processing and execution of financial loss calculations. Your specific duties will include:

  • Financial Transaction Data Analytics:
    • Transactions and holdings data analysis
      • Data reconciliation
      • Data gap identification
      • Solution engineering
    • Ad hoc analysis of financial transactions, cost accounting, and loss calculations
    • Data analysis to ensure accuracy and quality of data supporting eligibility to recover funds in connection with the settlement of lawsuits and enforcement actions
  • Securities Class Action Analytics and Operational Support:
    • Write and execute stored procedures and database processes to calculate relevant financial losses (including recognized loss and market loss)
    • Manage inbound client data process and communicate internally
    • Communicate results of client data analysis to non-technical client service professionals to facilitate client decision-making
  • Other:
    • Test software functionality and performance during development projects as needed
    • Support corporate data security initiatives
    • Financial data generation for new development efforts
  • Must work locally with ability to work in-office on request for first year of employment, then option for remote work in MA or NH with at least one day per quarter in office

WHAT FRT OFFERS:

  • Competitive salary and bonus
  • Health, dental, vision
  • 401k (with company match)
  • Income protection plans (life, accidental death and dismemberment, short- and long-term disability) and access to a suite of voluntary benefits
  • Fun, smart, diverse colleagues
  • We are a hybrid company; in office, we offer:
    • Close to public transit (walking distance to Wellington T on Orange Line)
    • Free drinks and snacks
    • Free parking onsite
    • Free access to onsite gym

AGENCIES: WE ARE NOT WORKING WITH AGENCIES ON THIS REQUISITION.

FRT provides equal employment opportunities by recruiting, hiring, training and promoting applicants and employees without regard to race, color, religion, creed, national origin, citizenship status, sex, age, ancestry, sexual orientation, genetics, pregnancy, marital or partnership status, gender identity/expression, disability, handicap, status as a victim of domestic violence or other similar offenses, consumer credit history, unemployment, military obligations, veteran status or any other category protected by law.

FRT is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the application or employment process, please let us know the nature of your request and your contact information.

Requirements:

Minimum Requirements: Education: Bachelor’s degree with a major or concentration in Business Analytics, Data Analytics, Actuarial Science, or a related data analytics field

Also required are, developed through academic research, coursework and/or prior work experience:

  • Demonstrated advanced proficiency with SQL
  • Demonstrated proficiency with regard to financial terms and concepts, including an understanding of financial instruments and/or the stock markets

Job Location

Medford, Massachusetts, 02155, United States

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