Asset & Wealth Management Operations - Portfolio Control Reconciliations - Dallas - Associate (Finance)

TL;DR

Asset & Wealth Management Operations Associate (Portfolio Control Reconciliations/Finance): Ensuring accurate portfolio accounting, positions, cash balances, realized gain-loss, and NAV for client accounts with an accent on reconciliations, exception management, and operational risk control. Focus on investigating accounting and tax-lot differences, improving accounting platforms and processes, and leading solutions across complex investment products.

Location: Onsite in Dallas, Texas, United States

Company

A global investment banking, securities, and investment management firm providing financial services to corporations, institutions, governments, and individuals.

What you will do

• Execute and manage daily portfolio control, accounting, reconciliation, and exception-management processes.
• Partner with portfolio managers and operations teams to maintain accurate positions, cash, realized gain-loss, and NAV data.
• Investigate accounting and tax-lot differences with custodians and fund administrators and coordinate issue resolution.
• Assess portfolio accounting platforms and system functionality to improve data integrity and operational efficiency.
• Develop accounting standards, controls, and scalable process improvements that reduce manual work and mitigate risk.
• Mentor junior colleagues and lead training on derivatives, product lifecycle, accounting treatment, and reconciliation methodologies.

Requirements

• Bachelor’s degree with an excellent academic record.
• 4+ years of experience in operations or financial services, preferably asset management.
• Strong knowledge of fund accounting, tax-lot accounting, NAV, and accounting principles.
• Understanding of the lifecycle of equities, fixed-income instruments, derivatives, and related financial products.
• Experience with FIS Investment Accounting Manager, formerly Invest One, or another portfolio accounting system.
• Strong analytical, problem-solving, communication, risk-management, and advanced Microsoft Office skills.

Culture & Benefits

• Collaborative environment with interaction across portfolio management, client onboarding, reporting, controllers, asset servicing, and data teams.
• Opportunities to work on initiatives affecting client experience, regulatory requirements, operational risk, and system architecture.
• Training and development opportunities, firmwide professional networks, wellness programs, and personal finance resources.
• Inclusive workplace with reasonable accommodations available during the recruiting process.