Jr. Specialist, Valuation
About The Position
The Jr. Specialist, Valuation oversees pricing performed by the Funds' custodian and fund accountant and assists with fair value pricing securities for which market quotations are not readily available. The role supports the valuation of American Beacon Mutual Funds and ETFs, including research, committee communications, documentation, reporting, pricing vendor oversight, and maintenance of fund pricing procedures. It interacts with internal departments and external parties, including State Street Bank, fund sub-advisors, and external auditors. The position is based in Irving, Texas (Las Colinas), with a hybrid schedule: currently in the office Monday through Wednesday and the option to work from home Thursday and Friday. It reports to the Sr. Specialist, Valuation.
Requirements
- 1–3 years of previous investment experience.
- College degree required.
- Team player with strong decision-making skills and the ability to drive key initiatives and outcomes in a dynamic, fast-paced environment.
- Excellent written and oral communication skills, with the ability to interact effectively with stakeholders at all organizational levels, external service providers, and auditors.
- Strong planning, organization, analytical, research, and technical skills.
- Ability to manage multiple responsibilities concurrently, work independently, and deliver varied tasks accurately and with attention to detail.
- Proactive and coachable, with eagerness to learn, contribute to departmental goals, and adapt across multiple projects.
- Ability to identify opportunities and implement technology solutions to streamline work processes and enhance operational efficiency.
- Proficiency in Microsoft Excel and Word.
- Flexibility to work extended hours if necessary.
Nice To Haves
- CPA, MBA, and/or CFA candidate preferred.
Responsibilities
- Oversee daily pricing of American Beacon Mutual Funds and ETFs performed by State Street Bank, the Funds' administrator and custodian.
- Assist with research and proposed pricing recommendations to the Funds' Fair Valuation Committee for securities without readily available market quotations.
- Conduct ongoing research and provide updates to the Fair Valuation Committee regarding securities considered recurring fair value.
- Assist with research on pricing and accounting treatment for unique securities.
- Prepare communications to the Fair Valuation Committee.
- Prepare fair value pricing decisions and other reporting items for quarterly Board of Trustees' meetings.
- Organize and maintain supporting documentation for fair value decisions and price challenges required by external auditors and SEC SOX reviews.
- Assist Fund Reporting with valuation requests for annual fund audits.
- Perform pricing vendor methodology oversight and back testing.
- Assist with maintaining the Funds' Pricing Procedures, including the Funds' Price Source Authorization for State Street Bank and Fair Valuation Procedures.
- Liaise with ABA's Fair Valuation Committee as needed.
- Interact with various departments within ABA and with third parties, including State Street Bank, the Funds' Sub-Advisors, and external auditors.
- Complete special projects as necessary.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
