What are the responsibilities and job description for the Senior Investment Operations Analyst – Reconciliations & Trade Support position at Daley And Associates, LLC?
Senior Investment Operations Analyst - Boston, MA (Hybrid, Contract)
We are currently seeking candidates for an Investment Operations Analyst opportunity with a highly successful Investment Management firm located in Boston, MA. The Investment Operations Analyst will conduct portfolio accounting, support trade operations, perform reconciliations, and promote strong vendor relations. The ideal candidate will have 3 years of experience in investment operations, portfolio administration, and reconciliation in investment management or the financial services industry.
Compensation: $35—$45/hour (depending on experience)
Location: Boston, MA
Work-Model: Hybrid (4 days onsite, 1 day remote)
Duration: 8 month contract with potential to extend
Responsibilities:
We are currently seeking candidates for an Investment Operations Analyst opportunity with a highly successful Investment Management firm located in Boston, MA. The Investment Operations Analyst will conduct portfolio accounting, support trade operations, perform reconciliations, and promote strong vendor relations. The ideal candidate will have 3 years of experience in investment operations, portfolio administration, and reconciliation in investment management or the financial services industry.
Compensation: $35—$45/hour (depending on experience)
Location: Boston, MA
Work-Model: Hybrid (4 days onsite, 1 day remote)
Duration: 8 month contract with potential to extend
Responsibilities:
- Maintain and verify cash transactions by accurately inputting data into the portfolio accounting system.
- Manage the flow of trade data from trading desks, ensuring settlement details are received, verified, and properly recorded.
- Facilitate the seamless transformation of trade information into the accounting platform and ensure timely reporting of trade details to custodians.
- Support the upkeep of securities data, including maintaining accurate security characteristics and market prices for reliable appraisal valuations and performance measurements.
- Perform daily reconciliation of holdings and transactions across internal systems and custodian banks, ensuring discrepancies are documented and promptly resolved.
- Generate and distribute reconciliation reports for both internal teams and external stakeholders using a variety of system tools.
- Produce standard and customized (ad hoc) reports to fulfill both internal operational needs and external client or regulatory requests.
- Build and maintain strong relationships with vendors, custodians, and other financial institutions, proactively addressing service issues and staying informed about market and industry developments.
- Bachelor’s degree in Finance, Economics, or Business.
- 3 years of experience in investment operations, with a strong focus on reconciliations.
- Proficiency with Microsoft Excel for data analysis and reporting, professional exposure to SQL or Python is a plus.
- Solid understanding of fixed income and equity securities.
- Exceptional analytical thinking, problem-solving abilities, and organizational skills.
- Outstanding written and verbal communication skills, with the ability to efficiently manage a high volume of email correspondence.
- Capable of working independently with minimal supervision, while also thriving in a collaborative remote or hybrid team environment.
Salary : $45