Portfolio Analyst I

<p>With more than 7,000 employees, we are the largest health insurance company in Michigan. We offer an exciting work environment with a diverse group of employees. Our goal is to make health insurance easier for our members. We want to transform the industry and become a resource that people can trust.</p>

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of <a href="https://www.bcbsm.com/" target="_blank" rel="noopener noreferrer">Blue Cross Blue Shield of Michigan</a> for health insurance, you can know you&rsquo;re getting much more. We're a company founded on a tradition of affordable, quality health care for everyone, improving the present and investing in the future.<br /><br />We offer:<br />Plans for employers and individuals that meet today&rsquo;s needs, budgets and lifestyle<br />The largest network of doctors and hospitals in the state<br />Lower health care costs Higher quality health care<br />Award-winning diversity practices<br />Grants and programs that promote better health throughout Michigan<br /><strong><br />Mission:&nbsp;</strong>We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health.<br /><br /><a href="http://www.bcbsm.com/index/about-us/our-company.html" target="_blank" rel="noopener noreferrer"><strong>Click here</strong></a> to learn more about our commitment to our Social Mission, view company updates and reviews, and view our awards &amp; accolades.<br /><br />Learn more about your options as an external candidate. <a href="https://bcbsm.taleo.net/careersection/2/jobsearch.ftl?lang=en" target="_blank" rel="noopener noreferrer">Click here</a> to view open positions. http://www.bcbsm.com

keywords: support,maintain,analysis,investment,support,research,knowledge,degree,organization,experience


Competitive Total Compensation Package

Overview: <strong>Support the Portfolio Management team by providing essential portfolio management duties such as credit research, portfolio and market analyses, and the generation of value added recommendations.</strong>
Responsibilities: <ul style="font-weight: 400;"> <li>Analyze investment opportunities and make recommendations on corporate bonds and various other securities for portfolio inclusion.</li> <li>Provide fundamental research analysis on investment grade corporate issuers including financial statement analysis, bond indentures, etc. &nbsp;Assist with research and analysis of the U.S. Treasuries including yield curve analysis, inflation expectations, etc.</li> <li>Compose full credit write-ups for existing and new portfolio holdings and maintain a research database.</li> <li>Undertake ongoing critical monitoring of portfolio positions, including changes in views using published company and industry information.</li> <li>Determine, monitor, pledge and release the type/amount/location/availability of collateral which needs to be transferred in order to meet statutory and FHLBI compliance.</li> <li>Responsible for portfolio administrative duties such as trade and account settlement issues, discrepancies/disputes, and management of Special Order Payment Order charges.</li> <li>Act as liaison between investment accounting and portfolio management; transfer securities and cash between internal accounts.</li> <li>Maintain and monitor&nbsp;Blackrock Aladdin system&nbsp;for accuracy of positions and portfolio characteristics.</li> <li>Work with internal and external auditors and custodian banks on security pricing issues.</li> <li>Other duties may be assigned.</li> </ul>
Requirements: <p><strong>Qualifications</strong></p> <p><strong>EDUCATION AND/OR EXPERIENCE</strong></p> <ul> <li>Bachelor's Degree in Finance or related field is required. MBA preferred.</li> <li>Four (4) years Investment/Treasury experience.</li> <li>CFA designation or progress towards CFA preferred.</li> </ul> <p><strong>OTHER SKILLS AND ABILITIES</strong></p> <ul> <li>Strong knowledge of Microsoft Office Suite applications (i.e. Excel, Word, PowerPoint, etc).</li> <li>Excellent analytical, written and verbal communication skills.</li> <li>Good knowledge of economy, investment markets, security attributes, accounting applications and ability to utilize Bloomberg software.</li> <li>Other related skills and/or abilities may be required to perform this job.</li> </ul> <p>DEPARTMENT REQUIREMENTS</p> <ul> <li>Must have an expertise in the creation and modification of PowerPoint presentations for senior portfolio management staff.</li> <li>Must have excellent attention to detail, and ability to operate effectively with minimal direct, ongoing supervision.</li> </ul>