Bachelor's degree (finance or accounting preferred) or equivalent experience.
5+ years in financial services operations, preferably in Fixed Income
Knowledge of bank loans is required
Strong analytical and organizational skills; adept at creating and maintaining documentation and workflows.
Proficiency in Microsoft Office (Excel)
Effective communicator, team player, and self-starter
Able to work under pressure and adapt to changing priorities.
Detail-oriented, intellectually curious, and comfortable driving change and process improvements via Gen AI
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Applicants must be authorized and have the right to work in the country where the role is located without the need for current or future sponsorship.
Compensation Details
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Benefits
Dental insuranceVision insurancePerformance bonus
Additional Information
The Institutional Portfolio Services Team is responsible for supporting and overseeing operations for our Fixed Income Insurance business. The individual will work closely with internal teams (Operations, Technology, and Front Office) as well as with external vendors (Clearwater and Blackrock). They will also help to oversee the quality of the data based upon several data validation checks that are run daily.
Primary Responsibilities:
Instruct Clearwater on new account opening setups
Instruct posting of asset transfers in Clearwater and validate accuracy post completion
Oversee daily positions reconciliation report which highlights differences between Clearwater, Aladdin, and Custody; reach out to respective teams to resolve differences
Drive weekly joint meetings with Clearwater, focusing on the agenda items
Partner with Technology to develop a solution to validate data loads from Clearwater to Aladdin
Partner with Clearwater to develop a solution to ensure Aladdin data is being ingested correctly
In cases where our Client is also utilizing Clearwater for their own accounting books, work with the Clearwater teams to ensure both instances are in line, where expected.
For bank loans, work with Clearwater and our Bank Loan Team to ensure that the WSO Operating Model (i.e. WSO to CW technology feed) is working as expected across both instances, if applicable
For bank loans, work with Clearwater and our Bank Loan Team to ensure that cash and position breaks are aligned between Clearwater and Aladdin
Work with Clearwater to track, review, and resolve issues highlighted by PM Teams
Develop and maintain standard operating procedures (SOPs) and training materials to ensure consistency and operational resilience
Nb · Chicago, IL