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)