Cash And Reconciliations Specialist

Cash and Reconciliations Specialist Overview

• The Cash and Reconciliations Specialist will manage daily cash and position reconciliations across multiple accounts and platforms.
• Collaborate with Trading, Technology, and Operations teams to ensure accuracy and resolve discrepancies efficiently.
• Utilize internal and third-party systems to maintain accurate transaction records and support investment strategies.
• Identify and address process gaps, proposing innovative solutions to enhance operational workflows.
• Work in a dynamic, fast-paced environment requiring strong analytical and problem-solving skills.
• This hybrid role offers opportunities for professional growth and cross-functional collaboration.

Cash and Reconciliations Specialist Key Responsibilities & Duties

• Perform daily cash and position reconciliations across various systems and Prime Brokers.
• Investigate and resolve reconciliation breaks, ensuring timely escalation and resolution.
• Maintain accurate transaction records and ensure data integrity across platforms.
• Collaborate with internal and external stakeholders to address process inefficiencies.
• Respond promptly to queries and requests from Trading, Technology, and Operations teams.
• Utilize reconciliation tools like DUCO to streamline operations and enhance accuracy.
• Support the development and implementation of solutions for operational challenges.

Cash and Reconciliations Specialist Job Requirements

• Bachelor's degree in a relevant field is required.
• Minimum of 3 years of experience in operations or financial services, with exposure to equities, credit, derivatives, and rates preferred.
• Proficiency with reconciliation tools like DUCO or similar platforms is advantageous.
• Strong analytical, communication, and problem-solving skills are essential.
• High attention to detail and ability to manage competing priorities in a dynamic environment.
• Collaborative team player with the ability to work across multiple functions effectively.