Reconciliation Associate

Job Summary:

The Reconciliation Associate is responsible for comparing investment portfolio data from external sources with an advanced web-based system. Their primary responsibility is to guarantee the prompt and precise delivery of comprehensive portfolio status updates to clients on a daily basis.

Responsibilities:

• •Meets daily deadlines for the review and update of reporting data.
• •Investigates and takes action on identified issues within the reconciliation system through problem-solving, seeking support from mentors and department experts as needed.
• •Creates and maintains valuable relationships with data providers, clients, and internal stakeholders.
• •Contributes feedback to product teams on internal projects as requested.
• •Demonstrates familiarity and competency with internal tools and processes.
• •Understands financial concepts and can apply them to reconciliation errors.
• •Effectively communicates with internal and external parties to submit inquiries and provide timely updates on relevant issues.

Required Skills:

• •Basic understanding of investment, financial, and accounting concepts.
• •Finance and/or accounting experience preferred.
• •Knowledge of GAAP and/or IFRS will be an added advantage.
• •Basic understanding of standard security types.
• •Securities or financial markets experience preferred.

• •Advanced ability in Microsoft Excel (VLOOKUP, SUMIF, Pivot Tables, VBA, etc.) preferred.
• •Strong computer skills, including proficiency in Microsoft Office.
• •Excellent attention to detail and strong documentation skills.
• •Outstanding verbal and written communication skills.
• •Strong organizational and interpersonal skills.

Exceptional problem-solving abilities.

Education and Experience:

• •Bachelor's degree in a finance-related and analytical field.
• •2+ years of directly applicable experience (reconciliation, accounting, or finance)