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Guggenheim Investments · 2 days ago

Cash Services - Reconciliation Associate

Chicago, IL

Full-time

Onsite

Entry, Mid Level

$105K/yr - $120K/yr

2+ years exp

Guggenheim Investments is seeking an exceptional candidate to join its Investment Management Operations function. The Reconciliation Associate is responsible for ensuring that both cash and positions across assigned portfolios are accurate, while managing and liaising with counterparts at global custodians to minimize market risk.

FinanceFinancial ServicesVenture Capital

Responsibilities

Ensure that all cash is reconciled accurately, efficiently and on a timely basis

Monitor accurately cash balance positions for Trading Desks and Portfolio Managers

Work with internal and external parties in order to resolve breaks, identify root causes and expedite resolution

Ensure that all cash is accurate and reconciled across multiple internal systems including BlackRock Solutions, Wall Street Office, e-PAM and others as needed

Monitor formal processes that ensure reconciliation processes meet standards established by internal and external auditors including SSAE 16 procedures

Qualification

Fund AccountingBlackRock SolutionsGlobal Custodian ProcessesFixed Income InstrumentsCash flowsTransactionsData skillsProblem-solvingAttention to detailTeam-orientedCommunication skills

Required

2-5 years of experience in financial services industry, specifically back office operations and/or fund accounting

Ability to multitask and meet tight deadlines in a fast-paced environment, while maintaining accuracy and quality of work

Prior experience with one or more of the following: Fixed Income Instruments, Fund Accounting, Global Custodian Processes, Cash flows and transactions associated with securities (FI, EQ and Derivatives), BlackRock Solutions and/or Wall Street Office

Bachelor's degree

Preferred

Strong problem-solving skills and demonstrated ability to take initiative and critically analyze processes and procedures in a push toward constant improvement

Prior experience in an Asset Management, Private Equity, or Alternative Investment firm

Must have a strict attention to detail while able to prioritize issues appropriately

Team-oriented individual with ability to collaborate with a diverse range of groups

Desire to work in Investment Management space

Excellent data skills (Excel, Macros, Access, etc.) and system experience