Job Description

Job Description

Job Description

Thriving global investment management is seeking a Portfolio Operations Associate for its headquarters office in Los Angeles, CA. The Portfolio Associate reports to the Director of Portfolio Control and Onboarding in the Investment Operations department and is responsible for the initial set up and ongoing maintenance of the investment portfolios in the firm's systems.

Position Responsibilities:

• Maintain internally developed portfolio onboarding application and golden source of portfolio data
• Communicate improvement suggestions to application developers for process enhancement and risk mitigation
• Create, maintain, and close portfolios in the firm's order management system and accounting system
• Manage communication of portfolio set up, changes, or closing to business partners to anticipate downstream effects to their processes
• Interface with accounting teams for mapping of accounting system chart of accounts to firm general ledgers during month-end close
• Portfolio Control duties over time may include user access, user entitlements, report scheduling, trade amendment, and general administrative duties
• Help facilitate transfers process for the firm including continuing to build and strengthen processes and controls around them as well as enhance policies and procedures
• Custodian setup and removal process for users for the firm
• Facilitate the transitions of new deals, including Asset in Kind and Cash process for these transitions
• Assist Investment Teams with administrative trading
• Help coordinate new third-party client onboarding across internal and external stakeholders and various applications. Internal stakeholders include : Investment Teams, Client Relationship/Support Teams, Compliance, Investment Accounting, Legal, Trade Support, Technology and Data Office.

Qualifications and Experience:

• Bachelor's Degree in Finance, Accounting or Business, or equivalent work experience
• 5 years of industry experience in an asset management, broker/dealer or in a custodian account administration setting
• Prior experience in Middle Office or Operations desired, including any experience in Transitions or Account Set-up
• Experience working with various investment products including Corporate Bonds, Treasuries, FX, Privates, Alternatives, and Derivatives
• Experience using systems supporting portfolio management or custody operations (State Street PAM for Investments, MarkIt thinkFolio, and Aladdin Explore experience a plus)
• Experience in managing/supporting projects across functional areas
• Strong organizational skills and demonstrated capacity to work independently towards tight deadlines
• Positive team player who is comfortable with ambiguity
• Technology skills, Specifically Bloomberg, Excel, and SQL or python

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