Reconciliation Analyst

Our client is one of the oldest fund managers. They seek a Reconciliation Analyst to join their Manhattan, NY office.

Responsibilities

• Perform daily reconciliations across cash, trades, positions, and profit & loss accounts to ensure accuracy and completeness of records
• Review and validate trade activity across multiple asset classes, including securities and derivatives
• Compare internal records with accounting and third-party data to identify discrepancies and resolve exceptions
• Investigate, document, and track reconciliation breaks, escalating issues as needed to ensure timely resolution
• Analyze exception reports and aged items, maintaining accurate records and supporting audit requirements
• Collaborate with internal teams, counterparties, and service providers to resolve operational issues and data discrepancies
• Conduct root cause analysis on reconciliation differences and provide clear explanations of findings
• Monitor reconciliation deadlines and service level expectations to ensure compliance with operational standards
• Prepare and distribute reconciliation and exception reporting, including trends, metrics, and outstanding items
• Identify opportunities to improve processes, strengthen controls, and support automation and system enhancement initiatives

Requirements

• 3 years of fund operations or product control experience, preferably within a multi-strategy hedge fund, prime broker, or fund administrator
• Hands-on experience performing reconciliation across multiple streams and asset classes (equities, fixed income, rates, credit, FX, derivatives)
• Strong understanding of reconciliation workflows, including middle office to fund accounting reconciliations
• Experience supporting break resolution processes with a fund administrator, including investigation and escalation workflows
• Experience analyzing discrepancies across internal books, prime broker, and administrator records
• Working knowledge of STP workflows, the trade lifecycle, and NAV production processes
• Exposure to reconciliation reporting, SLA tracking, or operational metrics is preferred
• Familiarity with T 0 trade affirmation platform
• Demonstrates AI fluency by leveraging AI tools to improve efficiency
• Strong communication skills

JobID: 48312