Associate - Institutional Consulting

Cerity Partners; Seattle, Northern (WA, KY); Hybrid; USD 90,000 - 105,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

401(k) with 4% match

Flexible PTO

Parental Leave

Education assistance

Commuter benefits

Job summary

Cerity Partners in Seattle is seeking an Associate - Institutional Consulting to support the operations group in daily administration and trading of client accounts. The role emphasizes proactive collaboration, data integrity, and strong reconciliations.

You will work with OMS and custodial platforms, draft trade and cash transfer directives, and assist with manager funding. A bachelor’s degree and 1–3 years in investment operations are required.

Qualifications

• Bachelor’s Degree required; 1-3 years in investment operations or trading group preferred.
• Proficiency in Microsoft Office Suite, Adobe Acrobat and Smartsheet.
• Experience with Bloomberg AIM and Compliance modules is preferred.

Responsibilities

• Data integrity functions (beginning of day): update security prices, confirm start-of-day positions, reconcile assets across OMS and custodians, run reconcilations and cash reconciliation, investigate breaks.
• Draft/review trade directives and cash transfer directives for discretionary and non-discretionary accounts; process manager subscriptions and funding documents.
• Collaborate with technology platforms for discretionary accounts; provide input on process improvements and integration of new systems.
• Trade reconciliation: send end-of-day files to custodians, submit trade allocations, confirm settlements on settlement date.
• Non-discretionary support: review consultant-generated trade packets for accuracy; provide funding and operational support.
• Operational Due Diligence (ODD) reviews: write initial assessments, gather documentation, follow up with managers, monitor process improvements.

Skills

Organization

Analytical thinking

Problem solving

Judgment & accuracy

Accountability

Team communication

Initiative

Education

Bachelor's Degree

Tools

Bloomberg AIM

Microsoft Office

Smartsheet

Adobe Acrobat

Job description

## Associate - Institutional ConsultingApply: Hybrid: Seattle Office: Full time: Posted Today: R953**Position Summary:**The Operations Associate role will report to the Director Operations supporting the operations group in the daily administration and trading of discretionary and non-discretionary client accounts and general operational functions and administration. The individual in the role will be expected to be proactive and work in a collaborative team environment. **Primary Responsibilities*** Data integrity functions (beginning of day process):* + Updating security prices for discretionary positions with the Order Management System (OMS)* + Confirming start-of-day positions* + Reconciliation of assets between the OMS and custodial platforms* + - Run beginning of day reconciliation processes* + - Reconciling and confirming cash balances* + - Researching position breaks with daily position and cash reconciliation and other discrepancies. Determine the cause of the break and method of correction* + Sending daily cash reports to the portfolio management team as needed* Drafting/reviewing trade directives and cash transfer directives, including wire directives, for executing transactions and money movements for discretionary and non-discretionary accounts* Completing manager subscription and funding documents for discretionary client’s investment into fund accounts* Work directly with the technology platforms for discretionary accounts. This includes the OMS, custodial platforms, and other systems as needed.* Provide input on the continued development and process improvement of all facets of the discretionary account offering, including ways to better utilize current technology and integrate new systems into the current process* Trade reconciliation:* + Send end of day trading file to the custodian(s) for settlement* + Submit trade allocation file to the broker(s)* + - Confirm all trades settled correctly on settlement date* Non-discretionary support:* + Review of consultant generated trade packet material for accuracy. Sending trade packet material to appropriate parties for execution.* + Provide specific manager funding and operational support to consultant teams.* Operational Due Diligence (ODD) reviews:* + Write the initial assessment of a manager review in the ODD process + Gather documentation for the review* + Follow up with the manager as needed* + Review and monitor the Firm’s ODD process to identify possible areas of improvement and steps to implement improvements **Required Qualifications:*** Bachelor’s Degree* Minimum of 1-3 years related work experience in investment operations and/or a trading group (Relevant internship experience will be considered)* Proficiency in Microsoft Office Suite, Adobe Acrobat, and Smartsheet* Experience with Bloomberg AIM and Compliance modules **Skills and Competencies:** * Organization, Prioritization & Time Management* Analytical Thinking & Creative Problem Solving* Judgment, Accuracy & Process Orientation* Accountability, Credibility & Dependability* Team Orientation & Courteous/Helpful Communication* Initiative & Efficiency **Compensation Range:**$90,000 - $105,000 **Why Cerity Partners:**Our people drive our success by working together to deliver exceptional service to our clients. Below is a glimpse of the key elements of our total rewards package:* Health, dental, and vision insurance – day 1!* 401(k) savings and investment plan options with 4% match* Flexible PTO policy* Parental Leave* Financial assistance for advanced education and professional designations* Opportunity to give back time to local communities* Commuter benefits*Cerity Partners is committed to providing an environment where all individuals can be their authentic selves. We are an Equal Opportunity Employer who respects each individual and supports the diverse cultures, perspectives, and experiences of our colleagues. We are dedicated to building an inclusive and diverse workforce and will not discriminate based on race, religion, national origin, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.**Cerity Partners is committed to working with and providing accommodations to applicants with disabilities or special needs. For those needing accommodations, please reach out to [e-mail]. Applicants must be authorized to work for any employer in the U.S.*