Associate, Investment Operations (Reconciliations)

Job Description

Summary: The Associate is responsible for the responsible to work on Cash and PAR Reconciliation for Bank loan Products.

Primary responsibilities:

• Proactively research, resolve and prevent all cash and par breaks with custodian banks and third party administrators
• Direct fund administrators and custodian banks on appropriate processing and review/reconcile processing output for accuracy
• Reporting Cash & PAR breaks with custodian banks and third party administrators
• Sound knowledge for Loan life cycle events Rollover, Paydown , Borrowing, PIK etc
• Knowledge on loan restructure and corporate action events
• Work with all internal and external stakeholders to improve and enhance settlement workflows
• Prepare daily, weekly, monthly and quarterly KPIs reporting and Powerbi system knowledge is a strong plus.
• Review daily recons between internal systems and third parties and resolve discrepancies, including MLR discrepancies
• Influencing and participating in decisions on policies/procedures designed to ensure compliance with internal, legal and regulatory policies and ensure changing business requirements are met
• Contribute ideas and recommendations to improve process efficiencies and increase risk mitigation
• Participate in meetings representing recon and participate in department initiatives such as system enhancements, off hours testing and new business conversions as necessary.

Required knowledge:

• Strong fixed income product knowledge, particularly bank loans
• Strong understanding of the bank loan industry and standards
• Understanding of custodian bank/administrator’s and agent’s data
• Highly proficient in Microsoft Excel
• Proficient in Microsoft Outlook, Word , ClearPar, Wall Street Office and Geneva

Experience / Education :

• Graduate with 4 - 6 years of investment management operations experience with high emphasis on bank loan operations/ Settlement
• Experience working with an outsource/offshore service provider
• Experience working with custodian and agent banks

Reporting Relationships

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.