Reconciliation Analyst – Investment Operations Shared Services
Location:
Remote – EST hours required
Boston, MA:
Preferred; hybrid 2 days/week
Duration:
6 months, with possible extension
Contract-to-Hire:
Unlikely
Industry:
Investment Management / Asset Management
Interview Process
2–3 interview rounds
Job Summary
Our client is seeking a
Reconciliation Analyst
to join the
Investment Operations Shared Services Team
and support the reconciliation of invested assets.
The team supports a broad range of investment products, including
public equity, investment-grade and high-yield debt, structured credit (MBS/CMO), private credit, bank loans, and derivatives
.
The Analyst will work closely with the Reconciliation Team, Leads, and Manager to ensure reconciliation breaks are accurately investigated, properly documented, and resolved within established timelines and SLAs. The role will also contribute to
process improvement, operational efficiency, and risk/control initiatives
.
Key Responsibilities
Review aging reconciliation reports and validate outstanding exceptions.
Follow up with query owners on items exceeding established thresholds.
Monitor and resolve reconciliation exceptions within required timelines and escalate issues when necessary.
Review outstanding
cash and holdings reconciliation breaks
for potential material impact.
Ensure reconciliation breaks have appropriate supporting documentation, particularly for monthly close.
Manage work according to established
internal and external SLA requirements
.
Provide regular status updates to Leads and communicate issues, risks, and potential delays promptly.
Ensure all work is complete, accurate, and thoroughly reviewed before submission.
Analyze existing workflows and identify opportunities to improve efficiency, controls, and processes.
Escalate significant issues, delays, or risks to the appropriate Lead or Manager.
Support additional daily investment operations and reconciliation activities as assigned.
Participate in continuous improvement initiatives designed to strengthen operational efficiency and controls.
Required Qualifications
Bachelor's degree in
Finance, Accounting, Business, or a related field
.
3–5 years of relevant Investment Operations experience
.
Working knowledge of multiple investment products and strategies.
Experience with
investment reconciliation, cash reconciliation, holdings reconciliation, or related middle/back-office operations
.
Strong analytical, problem-solving, and organizational skills.
Excellent attention to detail and accuracy.
Strong time-management skills with the ability to manage multiple priorities and deadlines.
Strong
Microsoft Excel and Microsoft Office
skills.
Ability to quickly learn new systems, applications, processes, and business functions.
Ability to work effectively both independently and as part of a team.
Preferred Qualifications
Experience working within an
asset management or investment management organization
.
Experience with
BlackRock Aladdin
.
Experience with
SimCorp Dimension
.
Exposure to a broad range of investment products, including equities, fixed income, structured credit, private credit, bank loans, and derivatives.
Ideal Candidate The ideal candidate is an
Investment Operations professional with 3–5 years of reconciliation experience
, strong Excel skills, and exposure to multiple investment products. Experience within an
asset manager
is highly preferred, along with the ability to investigate breaks, manage aging items, meet SLAs, and communicate effectively with internal stakeholders.