In the role of Associate, Back Office, the employee will be responsible for the following:
- Proficient in daily reconciliation of position, cash, dividends, swaps, settlements, repos, OTC, etc.
- Understanding of dividends, corporate actions, market value, financing, cash processing, etc., and how they all impact P&L.
- Interact with counterparties and oversee payments and wires.
- Review, reconcile and oversee monthly and daily interest accruals. High attention to month-end NAV timelines and P&L impact.
- Assist with third-party communications and inquiries, as well as reconcile month-end issues for NAV deliverables and timeliness as well as resolution of such issues
- Responsibilities include position checks, cash flow on Fixed Income activities, and daily reconciliation of cash movements and balances.
- Liaise with other departments, such as Fund Accounting and Middle Office groups.
- Collaborate with senior management on reporting and analysis as needed, and help develop and refine processes.
- Cash Management analysis, outside of day-to-day recon, also be able to transfer, analyze financing impacts, prime broker charges, off-boarding process, and items of the like such as the ability to perform journals and/or movements.
- Work with teams located both domestically and internationally.
- Must be proven to be able participate and work in a team-oriented environment
- Experience with Tax as it relates to dividends and corporate actions
- Work on special projects in addition to daily requirements.
- Ability to improve processes for efficiencies and scale as well as be self-manageable with their daily tasks and prioritize
- Unique role that has opportunities in wide array of projects that will contribute to cash/collateral mgmt, optimizing capital and balance sheet, and learning the operational aspects of both macro financing and equity financing.
QUALIFICATIONS & REQUIREMENTS:
In order to effectively represent the Company and communicate with clients, the employee must be someone who has:
- Excellent Excel skills are a requirement; pivots and graphs. As well as proficient reporting capabilities
- Experience with both financing and margin, calculations and methodology
- Solid troubleshooting and resolution abilities
- Strong analytical skills with attention to detail and accuracy
- Self-manageable with strong written and verbal communication skills.
- Strong product knowledge of fixed income, macro products, listed products
EDUCATION, TRAINING & EXPERIENCE:
- Degree in Financing, Business, Accounting, or Economics preferred
- Minimum of 1-3 years’ work experience; preferably in Treasury, Finance, or Accounting