[Hiring] Reconciliation Analyst @SGA

Role Description

Software Guidance & Assistance, Inc., (SGA), is searching for a Remote Reconciliation Analyst for a CONTRACT assignment with one of our premier Insurance clients. Candidate can work remotely from an EST location (Boston area preferred).

Seeking an Analyst to join the Investment Operations Shared Services Team supporting the reconciliation function of invested assets. The Shared Services Reconciliation Team supports various investment types including:

• Public equity
• Investment grade & high yield debt
• Structured credit (MBS/CMO)
• Private credit
• Bank loans
• Derivatives

The Analyst will work with the team members and Manager and is responsible for supporting team deliverables/mandates. Expected to foster an environment of continuous improvement and assist/participate in initiatives that enhance operational efficiency and control.

Responsibilities

• Review aging reconciliation reports to ensure that exceptions are validated, query owners on items that are outside determined thresholds.
• Ensure exceptions are resolved in a timely manner, provide updates to Lead regularly and escalate as needed.
• Review outstanding cash and holding reconciliation items for potential material impact and ensure timely resolutions. Escalate items as needed.
• Ensure cash and holding reconciliation breaks have proper backup support for each monthly close.
• Ensure SLA requirements for internal and external parties are managed efficiently and effectively.
• Keep Lead(s) and rest of team updated on progress of work, and communicate issues/delays timely to avoid missed deadlines.
• Ensure work is completed thoroughly and accurately before submitting for review.
• Review workflows and identify process improvements, and ways to make workflows more efficient.
• Escalate any issues or delays, pertaining to the items above, or other assigned tasks, to the Lead as soon as possible.
• Participate in other daily tasks as needed per the direction of the Lead or Manager.

Qualifications

• Bachelor's Degree in Finance, Accounting, Business, or related field is required.
• Requires a minimum of 3-5 years of relevant work experience in Investment Operations.
• Reconciliations.
• Working knowledge across various investment strategies and products.
• Strong business aptitude and time management skills.
• Proficient with Microsoft Office, especially Excel, and propensity to quickly learn new applications, processes, and areas of business.
• Detail-oriented, with strong analytical and problem-solving skills.
• Highly motivated with the ability to work effectively independently and within a team.

Preferred Skills

• Familiarity with BlackRock Aladdin, and SimCorp Dimension.

Company Description

By applying for a job with SGA, you agree to allow SGA to process your application for this and future opportunities in accordance with our Privacy Policy. Also, to ensure timely processing, you agree to be contacted by our AI recruiter via email, text, or phone. Message frequency varies and data rates may apply, but you can reply STOP to any SMS message to opt-out of texts and may contact SGA at [email protected] to opt-out of AI communications. The choice not to engage with AI will not adversely impact your consideration for placement. AI is not used to make any hiring determinations.

SGA is a technology and resource solutions provider driven to stand out. We are a women-owned business. Our mission: to solve big IT problems with a more personal, boutique approach. Each year, we match consultants like you to more than 1,000 engagements. When we say let's work better together, we mean it. You'll join a diverse team built on these core values: customer service, employee development, and quality and integrity in everything we do. Be yourself, love what you do and find your passion at work.

Please find us at https://sgainc.com/ .