Analyst, Portfolio Administration

Virtus•New York, NY

48d•$63,000 - $76,000

About The Position

The Analyst, Portfolio Administration is responsible for performing daily and monthly reconciliations of cash, positions, and market values. These reconciliations are conducted between Investment Managers-who use a common operating platform-and various counterparties. This role supports the centralized Portfolio Administration function within Virtus Shared Services Investment Operations.

Requirements

Bachelor's degree.
Experience in reconciliation processes.
Proficiency with Excel and VLOOKUPs.
Highly motivated with strong interpersonal skills.
Exceptional attention to detail.
Proficient documentation skills.
Ability to work under pressure.
Ability to work independently and in a team.
Work well under pressure and comfortable with change and complexity.
Strong verbal and written communication.
Ability to handle multiple competing deadlines and tasks required.

Nice To Haves

Bloomberg and Bloomberg AIM experience a plus.
Experience in a multi-boutique or large investment management organization is a plus.

Responsibilities

Perform daily and monthly client account transactions, cash, positions, and market value reconciliations with counterparties, agent banks, and custodians.
Research any exceptions found during the reconciliation process and communicate with counterparties and other internal departments as appropriate.
Ensure the accuracy of all records booked by the Investment Managers utilizing VBAM and the Custodians/Fund Administrators.
Ensure all prior month adjustments have been reflected properly.
Complete client-required month-end reconciliations in a timely manner to meet deadlines.
Identify solutions for business processes.
Recommend enhancements to procedures and project workflow to provide efficiency.
Evaluate business processes and recommend areas for improvement.
Collaborate with teammates and colleagues to streamline processes and create efficiencies where applicable.
Work with the technology team to monitor and improve existing processes.
Participate and complete tasks in various investment operations projects.
Field ad hoc requests and questions to provide additional support as needed.