Guggenheim Services, LLC

Transactions Associate

Job Locations US-IL-Chicago
Posted Date 4 weeks ago(8/30/2023 10:55 AM)
Job Category
Operations, Investment Management & Advisory Jobs
Position Type

Position Summary

Guggenheim Investments is seeking a candidate interested in gaining cross-team skill development to join its Transaction Services department within the Investment Management Operations business. The Transaction Services department is comprised of Allocations, Trade Confirmation, Settlements, and Collateral Management. In this role, one will be trained on the core concepts and tasks of each group (Allocations, Confirmation & Settlements, Collateral Management), preparing them to obtain a broader skillset and extensive full-cycle knowledge of Transaction Services. One has the opportunity to work and communicate effectively with internal groups including portfolio management, trading, client distribution, legal and compliance.


This position is located in our Chicago offices. 

Essential Job Functions

  • Perform post-execution trade support functions including confirmation and settlement of multiple asset classes, including Fixed Income, Equity, Financing and Derivatives.
  • Proactively liaise with the investment management teams to identify issues and implement new products.
  • Assist in the configuration and issue resolution across multiple order execution platforms and CCPs, including Bloomberg, Trade Web, CME, LCH and ICE.
  • Manage the daily margin process for both exchange traded and OTC derivatives.
  • Communicate professionally with brokers dealers and custodians while seeking opportunities to expand business relationships.
  • Participate in department and firm-wide projects aimed to increase efficiency and minimize risk including working directly with system’s vendors and information technology.
  • Take an active role in analyzing daily workflows within the team and develop solutions to always enhance processes.

Preferred Qualifications

  • Broad understanding of Fixed Income, equity, financing and derivative products and the operational workflows.
  • Knowledge of various industry tools such as Blackrock Solutions Aladdin, Omgeo, Bloomberg, DTCC, MarkitSERV and CLS as well as clearing institutions.
  • Motivated team player who has a collaborative mindset to resolve issues both within and outside of the department.    
  • Desire to drive change within the operational workflow and dedication always improving the group’s processes.
  • Excellent communication skills to interact with brokers and counterparties as well as various levels of management within the firm. 
  • Ability to operate in a stressful, deadline driven environment while still maintaining a strict attention to detail and an ability to prioritize issues appropriately
  • Proficiency in Excel and a desire to implement workflow tools is desired but not required. 

Basic Qualifications

  • Bachelor’s degree with a preferred concentration in a business-related field.
  • Minimum of 3-7 years of experience in an operational role within financial services.

Salary Details

Actual base salaries may vary depending on factors such as location and experience.


Currently, this role is expected to be in the ­Chicago office at least 4 days per week.

About Us

Guggenheim Partners is a diversified financial services firm that delivers value to its clients through two primary businesses: Guggenheim Investments, a premier global asset manager and investment advisor, and Guggenheim Securities, a leading investment banking and capital markets business. Guggenheim’s professionals are based in offices around the world, and our commitment is to deliver long-term results with excellence and integrity while advancing the strategic interests of our clients.

Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at, and follow us on LinkedIn and Twitter @GuggenheimPtnrs.




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