About this role
The Reconciliation Associate is responsible for comparing investment portfolio data from external sources with an advanced web-based system. Their primary responsibility is to guarantee the prompt and precise delivery of comprehensive portfolio status updates to clients on a daily basis.
Responsibilities:
• Meets daily deadlines for the review and update of reporting data. • Investigates and takes action on identified issues within the reconciliation system through problem-solving, seeking support from mentors and department experts as needed. • Creates and maintains valuable relationships with data providers, clients, and internal stakeholders. • Contributes feedback to product teams on internal projects as requested. • Demonstrates familiarity and competency with internal tools and processes. • Understands financial concepts and can apply them to reconciliation errors. • Effectively communicates with internal and external parties to submit inquiries and provide timely updates on relevant issues. • Required Skills:
• Basic understanding of investment, financial, and accounting concepts. • Finance and/or accounting experience preferred. • Knowledge of GAAP and/or IFRS will be an added advantage. • Basic understanding of standard security types. • Securities or financial markets experience preferred.
• Advanced ability in Microsoft Excel (VLOOKUP, SUMIF, Pivot Tables, VBA, etc.) preferred. • Strong computer skills, including proficiency in Microsoft Office. • Excellent attention to detail and strong documentation skills. • Outstanding verbal and written communication skills. • Strong organizational and interpersonal skills.
• Exceptional problem-solving abilities. Education and Experience:
• Bachelor's degree in a finance-related and analytical field. • 1+ years of directly applicable experience (reconciliation, accounting, or finance)