We are looking for accounting-oriented investment professionals who are highly motivated, enjoy working in a team environment, and desire to be part of a forward looking investment operations team.
The optimal candidate must have excellent investment accounting skills and exhibit a strong interest in applying technology solutions to the role.
You will be responsible for the accounting and administration of domestic and global investment portfolios (separately managed accounts).
Your role will focus on the relationships between our custodian banks and internal parties as a problem solver, conflict resolver and relationship builder.
Interface daily with custodian bank, third party administrator, portfolio management and analytics to guide communication between parties to resolve complex issues
Daily reconciliation of portfolio cash accounts with prime broker, custodian bank and third-party administrator
Completion of monthly reconciliation of clearing broker futures and options statements as well as centrally cleared derivative statements
Completion of monthly reconciliation of investment holdings, cash, cash equivalents, forward foreign exchange and pricing to custodian bank and / or third party administrator
Researching and analyzing discrepancies between Western Asset and the client's / fund's designated prime broker or custodian bank.
Ensuring that discrepancies are communicated to designated contacts and adequately resolved
Preparation and review of performance returns for designated client portfolios
Creation of accounting reports to meet custom reporting requests
Identification of funding requirements and overdrafts to ensure sufficient monies available at the prime broker or custodian bank to meet settlement of executed transactions
Assist the team supervisor in establishing operating policies and procedures for the team
Academic Qualifications :
Bachelor’s degree in business finance, accounting or related field.
Strong computer skills required, particularly in Microsoft Excel
Experience with industry-specific analytical tools such as Bloomberg, Tableau and Smartsheet is a plus
Knowledge and / or experience with the following security types : Government Bonds, Corporate Bonds, Municipal bonds, Derivatives, Mortgages and Foreign Exchange.
Excellent communication and interpersonal skills with ability to work effectively with various groups and departments throughout the organization
A team player that values accuracy and has excellent time-management, multi-tasking and organizational skills
We are looking for individuals who are highly motivated, proactive and enjoy working in a team oriented environment.
The optimal candidate must have strong analytical and problem solving skills and exhibits a strong interest in finance and accounting
Capital Markets, Financial Securities, Asset Management