What are the responsibilities and job description for the Investment Operations Associate position at Kayne Anderson Rudnick?
Kayne Anderson Rudnick Investment Management in Century City is seeking a highly motivated, organized, committed individual with strong initiative and excellent communication skills for the role of Operations Associate.
Kayne Investment Operations Department is responsible for the oversight of middle and back-office processing activities. With the exception of proxy voting, collateral management, and support of CRD Investment Book of Records (IBOR), most operations activities are outsourced to SS&C Technologies. Quality control is maintained through a written “runbook” of procedures and guidelines, as well as through monitoring of daily control reports and service-level agreement metrics.
Outsourced activities include :
Settlements
Reconciliation
Corporate Actions
Pricing
Security Master Maintenance
Client reporting
Responsibilities :
- Collaborate with Senior Associates and Director of Operations to Support Investment Operations.
- Review controls and enforce SLAs of 3rd back-office vendor.
- Provide operational services to clients and internal constituents.
- Oversee functions such as data integrity, trade settlement, investment accounting / reconciliations, proxy voting, corporate actions, monthly performance review
- Support and maintain Charles River (OMS) IBOR accuracy.
- Provide timely and accurate client statements reports on an ad hoc, monthly, quarterly, and annual basis.
- Monitor technology vendors, connectivity with data sources, and assist with trouble shooting daily issues in various applications such as SalesForce (CRM), ISS Governance (Proxy), GWP (Accounting System / Data hub), GWPA (Performance), Pages (Client Statements Reporting), etc.
- Being aware of technology needs and requirements to support ongoing regulatory and business environment changes (e.g., CSDR Regulation, North America T 1 shortened settlements cycle, SEC rulings on proxy, etc.)
- Ensure internal processes and procedures holistically support all business segments (institutional, dual contract, wealth advisory, and wrap).
- Onboard client accounts by reviewing and executing items associated with account setup, custodian, market openings for global accounts, client statement reporting, reconciliations, etc.
Ideal Qualifications :
Salary Range : $65,000- $85,000
The starting salary offer will vary based on the applicant’s education, experience, skills, abilities, geographic location, internal equity, and alignment with market data. This position is also eligible to participate in a company incentive plan
We offer a variety of benefits that support employees and their families in maintaining all aspects of health and wellness. We pride ourselves on offerings that encourage work-life balance and support the needs and goals of the team.
KAR is made up of diverse, talented, and passionate employees working together to achieve a common and rewarding goal : providing high quality investment strategies and wealth solutions for our clients.
Awarded Best Firm Culture at the 2022 PAM Awards, KAR maintains a team-oriented culture of accessibility, open communication, and respect. We believe in empowering and growing our people and are excited to be hiring.
KAR is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
For additional information on Kayne Anderson Rudnick, please access the firm’s web site at .
Salary : $65,000 - $85,000
