What are the responsibilities and job description for the Portfolio Administrator position at Cyperus Group, Inc?
Overview:
Portfolio Administrator - Will handle accounts ensuring all issues in trades, cash balances, and settlements are handled and resolved effectively.
Responsibilities:
- Interaction with traders on a daily basis
- Responsible for end of day processing of trades, including daily P&L valuations
- Liaise with brokerage firms, clearing houses, and custodian banks to resolve any issues that arise in settlement of trades
- Reconcile cash and equity positions with custodian banks on a daily basis
- Reconcile client accounts on a daily, monthly and quarterly basis
- Preparation of new accounts and documentation
- Maintain and update settlement instructions on DTCC Alert
- Work closely with Prime Brokers on various trade and settlement issues
- Match trades on Depository Trust Company (DTC) via Omgeo Trade suite
- Match foreign trades with brokers via DTCC (Central Trade Manager) CTM
Qualifications:
- Undergraduate degree with strong academic performance while in school is required.
- 5 years working in investment management operations
- Proficiency in Microsoft Office products
- Knowledge of DTCC, including Omgeo CTM and Trade Suite.
- Knowledge of accounting and reconciliation software.
- Knowledge of order management systems and analysis systems. Eagle, Charles River, Bloomberg, and Factset are a plus.
Salary : $100,000 - $130,000
