Reconciliation Supervisor Los Angeles

 

If not you, would you know someone???

 

 Position: Reconciliation Supervisor $85K Base; strong Bonus

(Will relocate; but easier/faster if in L.A.)

 

The reconciliation supervisor is responsible to oversee the _____reconciliation team.  The team is responsible for reconciliation of ____internal records for each of the funds to the trustee records.  The reconciliation is designed to verify and monitor all transactions cash and security that are processed in the funds.  The supervisor must ensure that all cash reconciliations are performed on a daily basis and position reconciliations are performed monthly.  The supervisor is also responsible to monitor for proper procedures and maintain the predefined service levels of the team.

 

Experience and Skills Required:

·         Minimum four years of investment operations experience

·         Minimum of one year supervisory experience in a reconciliation department 

·         Fixed-income product knowledge, particularly bank loans, CLO’s, CDO’s variable rates securities

·         Hedge fund or private equity experience is a plus

 

Position Responsibilities:

·         Review all reconciliations to ensure proper identification and action is taken on each reconciliation item with an expectation that all items are closed within three  business days

·         Work directly with reconciliation team to review all outstanding items from previous reconciliations that have not been addressed

·         Ensure adequate documentation on each open item, until resolution has been reached

·         Provide ongoing guidance and training for the reconciliation process, transaction identification and posting

·         Manage daily workflow of team to insure that all reconciliations can be completed on a daily basis

·         Review all backdated transactions

·         Respond to inquiries from business partners related to the portfolios holdings, cash and activity

·         Work with custodians, prime brokers and counterparties (internal and external) to set up new accounts

·         Participate in special projects such as technology advancements

 

General Skills:

·         Excellent communication skills

·         Ability to lead a team of professionals to perform job requirements

·         Strong organization and time management skills

·         Ability to multi-task and work in a fast-paced environment

 

 

Computer Skills:

·         Highly proficient in Microsoft Excel – knowledge of formulae a must (e.g.

·         “vlookup”)

·         Proficient in Microsoft Outlook, Word

·         Working knowledge of Microsoft Access or other databases a plus

·         Basic knowledge of Bloomberg

·         Knowledge of Thomson’s Portia system is a plus

 

 

 

Email resume in Word to thebiggamehunter@cisny.com  ONLY IF YOU HAVE THE EXPERIENCE SOUGHT. Please include the job code with the position.

NO VISA TRANSFERS. NO 3RD PARTIES. NO OVERSEAS RESUMES.

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