Reconciliation Associate
Description
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:
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Meets daily deadlines for the review and update of reporting data.
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Investigates and takes action on identified issues within the reconciliation system through problem-solving, seeking support from mentors and department experts as needed.
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Creates and maintains valuable relationships with data providers, clients, and internal stakeholders.
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Contributes feedback to product teams on internal projects as requested .
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Demonstrates familiarity and competency with internal tools and processes.
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Understands financial concepts and can apply them to reconciliation errors.
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Effectively communicates with internal and external parties to submit inquiries and provide timely updates on relevant issues.
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Required Skills:
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Basic understanding of investment, financial, and accounting concepts.
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Finance and/or accounting experience preferred.
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Knowledge of GAAP and/or IFRS will be an added advantage.
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Basic understanding of standard security types.
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Securities or financial markets experience preferred.
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Advanced ability in Microsoft Excel ( VLOOKUP, SUMIF , Pivot Tables, VBA, etc.) preferred.
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Strong computer skills, including proficiency in Microsoft Office.
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Excellent attention to detail and strong documentation skills.
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Outstanding verbal and written communication skills.
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Strong organizational and interpersonal skills.
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Exceptional problem-solving abilities.
Education and Experience:
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Bachelor's degree in a finance-related and analytical field.
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2+ y ears of directly applicable experience (reconciliation, accounting, or finance)