The Reconciliation Team is a critical part of Antares by ensuring the accuracy of investment data internally across the firm as well as externally with counterparties, fund administrators and investor reporting.
Reporting to the Assistant Vice President, the Team Lead’s primary role is to perform daily, monthly, quarterly and periodic reconciliations across multiple accounts, portfolios and internal systems as well as assess and develop process improvements and efficiencies that align with team goals and best practices. This role is situated in a fast-paced, high-volume environment where you will be expected to apply your analytical skills and financial expertise to ensure accuracy, efficiency, and compliance in all operations.
RESPONSIBILITIES:
- Perform daily, weekly, monthly, and quarterly reconciliations of cash, positions, and accrued income values across multiple portfolios, custodians and fund administrators
- Communicate effectively with internal and external parties to ensure discrepancies are identified correctly, assigned appropriately and resolved in a timely manner
- Coordinate upstream and downstream dataflows effectively to ensure complete, accurate and on time tie-out and sign-off of all deliverables for your assigned group of reconciliations
- Lead reconciliation efforts with assigned external parties to drive accuracy & efficiency in reconciliation process as indicated by decrease in overall break numbers, faster break resolution, and shortened locking deadlines
- Analyze data on assigned group of reconciliations for escalation issues, recurring break themes and root cause considerations
- Identify, address and develop areas for process improvements and efficiencies within transaction processing and reconciliation
- Collaborate with IT and Operations teams to enhance reconciliation tools and automate processes where possible
- Develop and implement best practices into Standard Operating Procedures to enhance operational workflows and accuracy
ABOUT YOU (OR QUALIFICATIONS)
- Bachelor’s degree, with a preferred concentration in finance, accounting, business, or economics
- +7 years of experience with a financial institution and data reconciliation processes
- Strong cross-functional understanding of Loan Operations workflows in Asset Management and Structured Products
- Motivated self-starter with a responsive, collaborative, and professional demeanor and strong written and verbal communication skills
- Demonstrated ability to be decisive, highly organized and prioritize tasks including the ability to adapt to changing circumstances and adjust priorities as needed in a deadline-driven environment while maintaining attention to detail and accuracy
- Ability to work productively in a cross-functional team environment with both internal and external stakeholders while taking individual responsibility for quality and accuracy
- Proven record of reliability and dedication to high quality work product
- Proficiency with Microsoft Office 365 with emphasis on Outlook, Word and Excel or comparable software application
- Knowledge of LoanIQ or WSO a plus
THE FINE PRINT
- Must have unrestricted authorization to work in the United States.
- Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.
- Must be willing to work from Chicago and travel as necessary.
Antares is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
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A reasonable estimate of the current base salary range at the time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is comprised of several components, including but not limited to applicant's skill, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and the location of the position.
This role is eligible for a discretionary annual bonus (based on company, business unit and individual performance).
Our benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.
Salary Range
$95,000 - $110,000
To learn more, visit www.antares.com. Antares is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
