Our client, a global asset management firm, is seeking an Operations Associate to join their investment operations team. This individual will play a key role in ensuring the accuracy and integrity of daily cash and position records across a broad range of investment products including FX, OTC, futures, options, swaps. The ideal candidate will have experience performing reconciliations within an asset manager, hedge fund, investment bank, broker-dealer, or other financial services organization. This is an excellent opportunity for a detail-oriented professional who enjoys problem-solving, collaborating across teams, and improving operational processes in a fast-paced environment. Candidates must have Experience with Advent Geneva.
Responsibilities include:
- Perform daily cash and position reconciliations across multiple portfolios, custodians, brokers, and internal systems.
- Investigate, analyze, and resolve reconciliation breaks, discrepancies, and data exceptions in a timely manner.
- Escalate outstanding issues to appropriate internal teams and external counterparties while ensuring timely resolution.
- Maintain accurate transaction records and support the integrity of portfolio accounting and operational data.
- Respond to inquiries from Trading, Technology, Operations, Portfolio Management, and other business partners regarding reconciliation and position-related issues.
- Work across multiple internal and third-party systems to validate balances, positions, and transaction activity.
- Partner with custodians, prime brokers, fund administrators, and internal stakeholders to resolve operational exceptions.
- Identify opportunities to improve reconciliation processes, automate manual workflows, and strengthen operational controls.
- Participate in system enhancements, user acceptance testing (UAT), and operational initiatives designed to improve efficiency and reduce operational risk.
- Maintain operational procedures, documentation, and support business continuity initiatives.
Requirements:
- Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.
- 3+ years of operations, middle office, or investment operations experience within an asset manager, hedge fund, investment bank, broker-dealer, or financial services organization.
- Experience performing cash and position reconciliations across one or more asset classes including FX, OTC, futures, options, swaps.
- Experience with Advent Geneva
- Strong understanding of investment operations, trade lifecycle events, and reconciliation processes.
Pay: $40/hr – $50/hr
