Intern – Middle Office Operations

IQ-EQ • Fort Worth, TX

3d • $20 - $25 • Hybrid

About The Position

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. We employ a global workforce of 5,800+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 13 of the world’s top-15 private equity firms. Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. We’re driven by our Group purpose, to power people and possibilities.

Requirements

• Pursue a degree in accounting, finance, economics, or a related field, with a GPA of 3.3 or higher.
• Demonstrate Excel proficiency at an intermediate level, supporting data analysis and reporting tasks.
• Communicate effectively with strong written and oral skills, while collaborating as a team player who can multi-task.
• Show problem-solving ability with high motivation, attention to detail, and a results-oriented mindset.

Nice To Haves

• Internship experience as an added advantage, showcasing practical exposure to the industry.

Responsibilities

• Prepare daily reconciliations between client records and Prime Brokers, ensuring accuracy in positions and trades.
• Resolve trade breaks by working directly with clients and brokers to correct discrepancies.
• Handle monthly reconciliations of positions, cash, market values, and accruals, while also building and maintaining fund accrual schedules.
• Review NAV packages and prepare performance estimates, updating portfolio accounting systems when necessary.
• Process corporate actions like dividends, splits, and mergers, while supporting new client conversions and training them on technology and processes.

Benefits

• Generous paid time off, including 20 days of PTO and 7 sick days annually, with PTO increasing over time.
• Observes 10 paid holidays each year.
• 401(k) plan with a company match (subject to eligibility).
• Medical, dental, vision, mental health support and additional ancillary insurance plans.
• Paid parental leave.
• Hybrid work schedule.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern