Senior Associate – Reconciliation

Overview

• Drive reconciliation processes for investment cash, positions, and transactions, ensuring accurate financial records and operational efficiency.
• Collaborate with diverse teams to enhance data quality and compliance within a dynamic financial environment.
• Lead process improvements and automation initiatives to optimize workflows and strengthen controls.
• Develop reporting dashboards and analytics to monitor reconciliation health and operational risks.
• Act as a subject-matter expert supporting fund launches and custodial transitions.
• Contribute to team training initiatives and maintain comprehensive process documentation.
• Resolve discrepancies by collaborating with investment and trading teams to ensure portfolio accuracy.
• Support compliance requirements and audit readiness through effective reconciliation strategies.

Key Responsibilities & Duties

• Perform daily reconciliation of cash balances, positions, and investment activities across systems and counterparties.
• Analyze and resolve complex breaks related to settlements, income, corporate actions, and alternative investments.
• Monitor data flows between trading, accounting, and portfolio management systems for accuracy.
• Conduct root-cause analyses and implement sustainable solutions in collaboration with technology teams.
• Strengthen controls and contribute to audit, compliance, and regulatory readiness efforts.
• Support new fund launches, custodial transitions, and instrument onboarding as a reconciliation expert.
• Enhance workflows through automation and tooling improvements to optimize processes.
• Develop KPIs and analytics for operational risk transparency and reconciliation health.

Job Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field required.
• 4–7+ years of experience in investment operations, reconciliation, fund accounting, or asset management.
• Strong knowledge of investment products, including fixed income, structured credit, CLOs, and private market assets.
• Proficiency in reconciliation, accounting, and portfolio management systems; familiarity with Aladdin, Geneva, Sentry, or FIS preferred.
• Advanced Excel skills, including pivot tables, VLOOKUP/XLOOKUP, and macros.
• Proficiency in SQL or willingness to develop advanced data-querying skills.
• Exceptional problem-solving, analytical thinking, and stakeholder management abilities.
• Highly organized and self-driven, capable of managing multiple priorities in a fast-paced environment.