Reconciliation Associate

Job Summary: 

The Reconciliation Analyst 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.  

• 1+ years of directly applicable experience (reconciliation, accounting, or finance)