Location: Boston, MA
Work Style: 5 days onsite
Comp: 70K-85 + 10% Bonus + 12% Profit Sharing
The Investment Operations Specialist resides within our Back Office Operations group. This is a great opportunity to work with a dynamic group of people while learning about the operational aspects of our firm.
Primary Responsibilities
- Develop a strong understanding of the firm’s trading strategy, operations, and typical cash flows.
- Oversee the daily reconciliation process for cash and securities, ensuring accuracy and timeliness.
- Address and resolve discrepancies by coordinating with external parties (prime brokers, banks, administrators) and internal teams.
- Prepare and analyze a daily report on the firm’s available cash, projecting future needs.
- Confirm settlements and manage the processing of repo trades.
- Contribute to the review and verification of monthly shareholder statements.
- Take on additional operational, recordkeeping, and data processing tasks as required.
Qualifications
- B.A. degree in Finance, Accounting, or a related field.
- Up to 3 years of relevant operational work experience including fund accounting, reconciliation and custody preferred.
- Understanding of accounting controls as they relate to the investment management industry.
- Strong communication and interpersonal skills in order to work with colleagues internally as well as the firm’s external counterparties.
- Proficient in Microsoft Office applications including Excel.
- Possess exceptional organizational and time management skills as well as attention to detail.
