Securities Claims Analyst II

Posted 2 Days Ago
Be an Early Applicant
Norfolk, VA
Junior
Fintech • Financial Services
The Role
The Securities Claims Analyst II manages a portfolio of class action cases, focusing on research, claims filings, and client interactions. They develop project plans, organize case activities, utilize data for claim estimates, and communicate updates to clients and the sales team.
Summary Generated by Built In

We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy.

Position Summary: 

Responsible for project managing a portfolio of cases, inclusive of large and benchmark cases. Responsible for organizing all activities on these cases including: case research, marketing, interaction with clients and claims administrators, claims filings, and audit responses. May also assist other team members as appropriate on other cases.
*PLEASE NOTE: Must have experience in financial services and securities trading, including comprehensive knowledge of hedge funds, trading desks, and a range of financial instruments such as forwards, options, swaps, futures contracts, etc.

Key  Responsibilities (other duties may be assigned): 

  • Research new and existing class action settlements

  • Project manage cases by researching new and existing financial and securities class action settlements to identify applicable CUSIPs, ISIN, ticker symbols, etc., that will be necessary for claim filing.

  • Use critical thinking methods to utilize data sources across multiple cases.

  • Develop and execute project plan for assigned cases

  • Oversee marketing and communication activities for assigned cases

  • File claims on behalf of clients with claims administrator.  Work with clients and claims administrator to maximize recovery

  • Update systems with pertinent updates from research and claims filing activities

  • Develop case level valuation model to estimate anticipated recovery

  • Interact with clients, sales organization, and client services about the particulars of assigned cases and case updates

  • Process and extrapolate claim data in eligible cases

  • Actively participate in suggesting, testing, and implementing infrastructure changes and process improvements

Professional Experience/Qualifications:

  • Bachelor’s degree in Finance, or related field, preferred or 3+ years equivalent amount of related experience

  • Must have experience in financial services and securities trading - including comprehensive knowledge of hedge funds, trading desks, and a range of financial instruments such as forwards, options, swaps, futures contracts, etc.

  • Intermediate to advanced MS Excel skills required

  • 1-2 of project management, intermediate experience with analysis of information and data

  • Proficiency with desktop and MS Office applications (Outlook, Excel, Word, PowerPoint), required

  • Strong writing skills, proofreading, attention to detail required

  • SQL experience a plus

All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship, or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law. We are a drug free workplace.

Top Skills

SQL
The Company
HQ: Norfolk, VA
1,720 Employees
On-site Workplace
Year Founded: 1996

What We Do

As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business clients.

Our employees around the world play a key role in shaping our identity. By doing things the right way for the right reasons, treating others with fairness and respect, and valuing diversity and inclusion, our employees will sustain us into the future. Our company culture is the foundation for everything we do.

Since our founding, we have been focused on making a difference. We make it a priority to strengthen the communities where we work and live. Our employees support the mission in both time and money. To enhance that generosity, we match their contributions and we honor their civic spirit with paid time off to participate in Volunteer Days.

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