Details

Company Overview:
A global investment manager in Boston is hiring a junior level Operations Associate to join their team.

Job Responsibilities:

Develop a comprehensive understanding of all assigned accounts and their underlying activity.
Perform end-to-end reconciliation of holdings, cash, and security transactions against custodian banks.
Conduct daily and monthly NAV validation by comparing internal-calculated net assets with those reported by fund administrators.
Monitor and report cash availability and overdraft positions to the Cash Desk and FX teams.
Partner with the Pricing team and fund administrators to resolve security valuation issues.
Produce accurate and timely client-specific and ad hoc reporting.
Track and follow up on all outstanding issues with custodians.
Communicate with internal stakeholders to escalate discrepancies impacting investment decisions.
Collaborate with the Data Management team to resolve data integrity issues.
Work closely with all teams across Operations to ensure timely resolution of reconciliation items.
Contribute to cross-functional initiatives and ad hoc projects.

Qualifications:

Relevant college degree or commensurate industry experience required.
0-2 years of relevant experience; fund accounting a plus.
Derivatives and other asset class experience preferred.
Experience with BlackRock Aladdin and FIS’s Data Integrity Manager a plus.
Proficiency with Microsoft Word and Excel required; Microsoft Office programming skills a plus.
Familiarity with generative AI tools (e.g., MS Copilot, ChatGPT, Claude) and prompt engineering.

Compensation:
Salary: $65,000 – $75,000, Plus Bonus