What are the responsibilities and job description for the Investment Operations Associate - Cash Reconciliations position at Fusion Staffing Partners?
Our elite Alternative Investment Management client is seeking to recruit an Investment Operations Associate to ensure accuracy of cash activities, reconcile, cash transactions, monitor cash liquidity and provide trading and operations support across multiple investment strategies.
Responsibilities :
- Ensure accuracy of cash activities, reconcile, cash transactions, monitor cash liquidity and provide trading and operations support across multiple investment strategies
- Reconcile book-side and bank-side cash transactions on a daily basis
- Proactively resolve all cash discrepancies and operational issues in a timely manner
- Assist with cash clearing and develop procedures to automatically clear cash breaks
- Identify and remedy differences between booked and actual cash balances
- Ensure accuracy of cash feeds and resolve discrepancies with counterparties as required
- Work closely with offshore team in India and oversee cash reconciliations, team training, team onboarding and fostering consistent collaboration with NY office
- Work closely with external fund administrators on cash and position reconciliations
- Assist with process improvement, cash reconciliation automation, operational risk and special projects
Requirements :
