Senior Associate, Investment Operations - Portfolio Control

Acadian Asset Management LLC • Boston, MA

14h • Hybrid

About The Position

The Senior Associate, Investment Operations - Portfolio Control role is within the Investment Operations department, specifically in the Portfolio Control group. This team operates at the intersection of operations, fund accounting, and external service providers, focusing on oversight, control, and issue resolution across client portfolios and Acadian funds. The position is responsible for ensuring the integrity of portfolio data, managing key operational relationships, and supporting the entire lifecycle of client accounts, from onboarding to ongoing maintenance. This role offers exposure to a wide range of asset classes, global markets, and operational workflows, with opportunities to drive process improvements and engage with both internal and external stakeholders. Acadian supports a hybrid work environment, requiring employees to be on-site in the Boston office 3 days a week.

Requirements

• Bachelor’s degree in Finance, Mathematics or Economics.
• 7+ years of experience in investment operations, fund accounting, or related roles.
• Strong organizational, interpersonal, and analytical skills with a proven ability to manage multiple priorities across daily tasks and long-term projects.
• Self-starter; highly motivated and driven individual with a strong work ethic and integrity.
• Strong analytical, organizational, and interpersonal skills with a detail-oriented approach and a solid foundation in financial accounting.
• Proven ability to manage multiple priorities across daily tasks and long-term projects while effectively solving complex problems.
• Effective communicator with experience working cross-functionally and with external partners.
• Ability to serve as a point of escalation for operational issues, driving root cause analysis and coordinating resolution across internal teams and external partners.
• Advanced Excel proficiency.

Nice To Haves

• Experience with portfolio accounting systems (e.g., Advent Geneva or similar).
• Experience with data analysis and visualization tools (e.g., Tableau).

Responsibilities

• Oversee portfolio accounting, custody, and middle-office functions.
• Investigate and resolve discrepancies across internal systems and external providers.
• Interact with custodians, prime brokers, and derivative counterparties (e.g., ISDA relationships) to support new fund launches, trading, collateral, and account maintenance activities.
• Reconcile proxy-voting reports and address inquiries from external and internal parties.
• Prepare documentation to complete counterparty welcome packages for separately managed accounts, complete internal system setups, and act as a liaison between stakeholders.
• Manage and participate in oversight of fund expense processes including budgeting, accruals, invoice review, and payments.
• Prepare regulatory, compliance, and tax filings and support audits; research and resolve exceptions or breaches.
• Collaborate with external auditors and counterparties to finalize audited financial statements.
• Open local markets for funds and maintain market and compliance documentation throughout the life of the fund.
• Respond to client inquiries regarding fund taxes; facilitate K-1 and Canadian tax filings, Form 5500, PFIC and other tax reporting.
• Identify process improvement opportunities including the use of AI across workflows, service providers, and systems; drive initiatives to enhance scalability, reduce operational risk, and improve data quality.
• Continuously assess and strengthen operational processes, controls, and governance.

Benefits

• flexible hybrid work environment
• strong benefits
• casual but focused office culture
• comprehensive benefits program, which includes health, retirement, and wellness offerings
• discretionary incentive compensation

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 101-250 employees