Job Opportunity

Back to Search Results

Operations Analyst II

Edina, MN

Job Summary

Prepare and review the daily reconciliation process for transactions, cash and holdings support for the assigned funds. Ideally 1-2 years of financial industry experience. Must have 4yr College and/or Master’s degree in Accounting or Finance.

Details

This function is responsible for:

* Managing the treasury management process of assigned accounts
* Standard settlement instruction (SSI) creation and verification, money transfer setup and release, capital call and redemption processing, and daily account maintenance
* Prepare and review the daily reconciliation process for transactions, cash and holdings support for the assigned funds
* Prepare daily reconciliations that are fully supported with source documentation in a standardized format
* Provide insightful commentary for reconciliations differences in the daily reports
* Escalation of breaks or unsupported balances
* Work with client traders, counter-parties, custodian/prime brokers and accountants to settle financial transactions
* Ensure the accuracy and timeliness of daily trade confirmations, settlements and customer reporting
* Provide back-up coverage for other desks within Trade Operations
* Manage and monitor the timing and quality of deliverable packages to internal stakeholders
* Establish plan for new client setup to ensure appropriate access to supporting documentation
* Coordinate with Fund Accounting group to provide information or obtain internal support

Qualifications

* Ideally 1-2 years of financial industry experience
* 4yr College and/or Master’s degree in Accounting or Finance
* Strong internal control orientation
* Knowledge of hedge fund industry and related products
* Strong computer skills including proficiency with spreadsheet
* Strong organizational and detail oriented skills with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions
* Strong analytical skills and business acumen
* Strong verbal and written communication skills
* Strong dispute resolution and effective problem solving skills
* Demonstrated customer service and continuous improvement focus
* Ability to work in changing, fast-paced work environment

Click here for details on this job

  • Min Experience: 4 years

Email this job to a friend.

Tweet this job