Loan Reconciliation – Portfolio Services Vice President

Position Summary Guggenheim is seeking a Vice President to join the Portfolio Services team. This individual will report to the Head of Reconciliation and manage the Wall Street Office/Loan Reconciliation team, with responsibilities including, but not limited to, the timely and accurate reconciliation of all custodial and clearing accounts within the scope of the WSO Reconciliation team. They will focus on ensuring reconciliation of both cash and positions is complete and documented for bank loans and other asset classes. The position requires close interaction with various parties across the firm including traders, credit analysts, and legal team members as well as third party administrative agents and external data vendors. This role will involve working in a dynamic team environment and presents opportunities to utilize interpretation and problem-solving skills in support of the team’s objectives and initiatives. The ideal candidate will possess a deep understanding of bank debt and fixed income securities. The Vice President role presents an opportunity to join a team that sits at the ‘hub’ of Guggenheim Investments at an exciting time of growth and evolution at all levels of the company. The position is in either in the Chicago or New York office. Responsibilities Key Responsibilities Develop and manage the team of individuals responsible for ensuring that all cash and positions are reconciled accurately, efficiently and on a timely basis Manage a team responsible for tracking non-standard portfolio investments, including bank loans Define, implement and monitor formal processes that ensure reconciliation processes meet standards established by internal and external auditors including SSAE 16 procedures Actively involved with performing reconciliations and monitoring and resolving exceptions, as needed Maintain close interaction with various parties including custodian banks, trustees, administrative agent banks, portfolio managers, traders, and analysts Ensure all positions are accurate and reconciled with custodians and other external parties as well as across multiple internal systems including Wall Street Office & BlackRock Aladdin Platforms Review and report to management manual transactions processed by Loan Recon in the BlackRock environment Monitor SOC1 compliance and control as it relates cash reconciliation team Primary point of contact for all cash and liquidity related questions on Private Funds, CLOs and Bank Loan SMAs, while working together with Portfolio Services Reconciliation Team for Liquidity Reporting Coordinate, reconcile and compile all non-USD positions and cash for FX Transactions FX Spot and FX Forward Hedging Cash Repatriation for trade settlement and Principal and Interest receivables Provide Bank Loan Accrued Income and PNI Reporting for Month-end Reporting processes to Portfolios Services Team (Reconciliation and Performance) Coordinate and conduct parallel analyses with fund administrators for Monthly and Weekly NAV Analysis tie-out on six bank loan SMAs and eight private funds Review WSO composite constituents and ensure that all appropriate portfolios are included in the relevant composites Oversee and manage the WSO to BRS interface by performing various quality control checks Participate in the on-boarding processes and ensure that the team has the necessary infrastructure for a new mandate Qualifications Basic Qualifications Undergraduate degree with 8 years of relevant work experience in investment management or financial services environment Proficient in the use of Microsoft Office Suite, specifically Excel Must be able to multi-task in a fast paced and challenging environment Preferred Qualifications Bachelor’s degree with 10 years of relevant work experience At least 4-6 years of bank loan related experience is required Knowledge of Wall Street Office and/or Aladdin strongly preferred Organized, detail oriented and extremely thorough with strong problem-solving skills and demonstrated ability to take initiative Demonstrated ability to design, document and implement processes that improve the accuracy and timing of work products and business activities Must be able to successfully engage in multiple initiatives simultaneously Team oriented individual with ability to work well with diverse groups Able to translate between technical and business leaders at the highest levels Excellent written and verbal communication skills with an ability to collaborate with internal teams and external parties and service providers We are not seeking agency assistance with this position Salary Range Annual base salary between $125,000.00-$135,000.00 The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation. We focus relentlessly on delivering results through innovative solutions. We relish opportunities to solve complex problems through exhaustive approaches. As we conduct our business every day, every member of Guggenheim is expected to uphold our uncompromising standards for integrity and excellence and to be personally accountable for their actions and business results. Our principles entail engaging highly talented people, challenging them to think creatively, and encouraging them to achieve extraordinarily high standards in their fields of expertise. To succeed at Guggenheim, candidates should be a strong fit with our business principles, culture, and value system. We encourage you to review Our Firm page to learn more about how we seek to create value through our diversified businesses. Visit the link below to review our current openings and job descriptions and to apply today. We offer compelling opportunities for self-starters who take great pride in the quality of their work and seek to exceed expectations. We are looking for people who take ownership, adhere to the highest standards, and think creatively to realize opportunities. Guggenheim Partners is a diversified financial services firm that delivers value to its clients through two primary businesses: #GuggenheimInvestments, a premier global asset manager and investment advisor, and Guggenheim Securities, a leading investment banking and capital markets business. Guggenheim’s professionals are based in offices around the world, and our commitment is to deliver long-term results with excellence and integrity while advancing the strategic interests of our clients. Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimPartners.com, and follow us on LinkedIn and Twitter @GuggenheimPtnrs.

Salary : $125,000 - $135,000