Portfolio Services Associate

Overview

• Serve as a critical member of the Portfolio Services team, collaborating closely with internal stakeholders and external partners.
• Contribute to both Product Control and Client & Portfolio Services functions, ensuring operational excellence and data accuracy.
• Work within a hybrid environment, combining remote flexibility with on-site collaboration on the trading floor.
• Gain exposure to diverse workflows, setting a foundation for CFO or COO career paths.
• Engage in extensive client and portfolio reporting, analysis, and ad hoc requests.
• Collaborate with a dynamic team led by the Deputy COO and COO, driving impactful initiatives.
• Ensure compliance with policies and GAAP standards through meticulous quality control reviews.
• Contribute to process improvements and operational efficiency through technology partnerships.

Key Responsibilities & Duties

• Perform quality control reviews of trade booking methodologies, ensuring compliance with policies and GAAP standards.
• Validate portfolio components, including cash positions, securities holdings, and performance data for accuracy.
• Investigate variances during reconciliation processes, collaborating with teams to resolve issues promptly.
• Prepare detailed performance attribution reports, explaining portfolio returns and contributing factors.
• Produce P&L reports for portfolio managers, the Investment Committee, CFO, and CIO.
• Respond to ad hoc performance inquiries from clients and internal stakeholders.
• Compute carve-out track records and analyses to support fundraising processes.
• Prepare recurring client reporting deliverables for LPs, ensuring accuracy and timeliness.
• Drive process improvements and operational efficiency through technology integration.

Job Requirements

• Bachelor of Science (BS) degree in a relevant field is required.
• Minimum of 5 years of experience in portfolio services or related roles; 8 years preferred.
• Proficiency in GAAP standards and investment accounting principles is essential.
• Strong analytical skills with expertise in performance attribution and P&L reporting.
• Experience with reconciliation processes and variance analysis is highly valued.
• Ability to manage recurring and ad hoc reporting requests efficiently.
• Familiarity with technology-driven process improvements and operational efficiency initiatives.
• Excellent communication skills to collaborate with internal and external stakeholders.
• Hybrid work arrangement requiring adaptability to both remote and on-site environments.