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SAP FAM Specialist

📍 New York, NY 🕒
Work Model
📍 New York, NY
Employment
💼 Full-Time Direct
Recruitment Type
🛡️ Direct to HR Pipeline
🛡️
Human-Verified Opening: Inspected by Sarah Jenkins, CIPD • RemoteVault Editorial Team. Authenticated directly from Flex Employee Services's hiring pipeline • Zero recruiter markups or candidate fees. Verification Standards →

📋 Role Overview & Responsibilities

About Our CompanyWe are headquartered in New York’s financial district on Wall Street and we are the organization responsible for the overall investment activities of Our Parent Company and its subsidiaries in Japan, the U.S., and Bermuda. With ~150 employees globally, we manage an investment strategy focused on maximizing long-term returns with a focus on preservation of capital, subject to our affiliated insurance company’s objectives for income, asset-liability management, liquidity, and capital. We are responsible for generating approximately $3.5 billion of annual investment income from Our Parent Company’s general accounts from a mix of public and private assets (including strategic partnerships) across multiple geographies and currencies. As of year-end 2022, our total general account portfolio was $111 billion.

The investment teams support the overall goals and objectives by implementing, managing, and overseeing multiple portfolios encompassing different strategies across various fixed income and growth asset classes utilizing both internal teams of analysts, portfolio managers, and traders and external third party asset managers. We utilize a rigorous approach to deploying and managing assets driven by a disciplined strategic asset allocation which establishes portfolio parameters based on long term expectations for performance.

Job SummaryProvides technical leadership as well as functioning as a point person for the Investments Accounting – IT team and leverages SAP-FAM expertise to deliver IT support to business end users. Serve as a liaison between IT and business partners and provides the advanced technical expertise to ensure the quality of advancements within the IT system including understanding and developing business requirements. Translate business requirements into SAP-FAM functional requirements and process flows. Applies SAP – FAM configuration changes and communicate requirements to the development team including vendors and the extended support team. Plan and execute extensive testing and documentation to ensure delivery of high-quality solutions. Our infrastructure, systems and software solutions are of the highest quality and meet the desired functional, operational and security requirements; develops, maintains, and integrates application software, related project management activity, and production support; develops optimal relationships with internal and external clients, business analysts, and team members; continues to maintain and support software and key infrastructure after implementation.

Reports to: Director, SAP - FAM Architect - Investment Accounting - IT

Principle Duties and Responsibilities:Operates as either a project lead or work on other projects as a member of the team providing advanced technical expertiseWorks on small, large complex and enterprise-wide projects that require the highest level of expertise; participates on project teams, systems and data analysis, design, development, integration, and enhancement activities, as well as related maintenance and more complex production supportProvides direct SAP-FAM support services for Investment Accounting – IT team and business users throughout the investments team.Leads on SAP-FAM projects, initiatives and BAU support for all usersLeads design sessions with business partners to enable SAP-FAM solutions that allow for process improvements and efficiencies; this includes supporting the business end users. Communicates SAP-enabled concepts simply and effectively to a non-technical audienceProvide level-of-effort estimates for change requestsLeads the delivery of functional requirements, use cases, interface specifications, process flows, risk and issue logs, test plans, training plans and production elevation & validation plans. Provide detailed estimates for the designing, building, testing and deployment phases of all work efforts and/or projects.Facilitates and ensures on-time completion of performance, load, functional and other categories of testing and application vulnerability testing efforts and resolution of issues; develops new cross-functional software systems using disciplined software development processesPrepares and presents status updates for various projects as needed

Education and Experience:Minimum of a Bachelor's Degree in Information Systems, Computer Science, Business Administration or a related field. Experience supporting Investment Accounting and other Investment professionals in IT capacity strongly welcomed.Six or more years of relevant work experience that has provided an understanding of organizational systems and capabilities, business operations and requirements, business modeling concepts and software development methodologiesHands-on experience in Investment Accounting System. SAP-FAM(TRM) is preferred. Other system, such as PAM, CAMRA and Clearwater, is a plus.Good verbal, written, interpersonal and presentation skills to effectively interact and negotiate with internal/external customers; ability to maintain professionalism in accordance with corporate standards

Job Knowledge: Understanding Business RequirementsDocumenting Business ProcessesDeveloping System Process FlowsWriting Functional SpecificationsCreating and Executing Unit Test PlansExperience with the SAP SDLCExperience with MS-Excel, MS-PowerPoint, MS-WordGood Presentation SkillsGood Technical WritingStrong Communication Skills

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This position is located in New York, NY with potential relocation and sponsorship assistance depending on candidate qualifications.

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