Investment Operations Associate

Pavebank; United States; Remote; USD 15,000 - 25,000; Full time

Job summary

Pave Bank, the world’s first programmable business bank, is seeking an operations professional to run day-to-day back-office tasks for the investment business. You will process client transactions end-to-end, reconcile positions and cash, and produce monthly statements for institutional clients.

Work closely with Finance, Compliance and external counterparties, reporting to the Head of Asset Management. Strong Excel skills and a careful, numbers-driven mindset are essential.

Qualifications

• 1–4 years in operations, finance or client servicing in a bank, broker, asset manager or fund administrator.
• A careful, numerate approach - you notice when a figure does not tie, and you check before you send.
• Strong Excel skills and comfort working with large data files.
• Composure under month-end and reporting deadlines, and the judgement to elevate early.
• Clear written English for correspondence with counterparties and institutional clients.
• Discretion in handling confidential client information.

Responsibilities

• Process client transactions across their full lifecycle, from instruction to settlement.
• Reconcile positions and cash daily against counterparty records and investigate breaks.
• Calculate month-end client yield and fee accruals and reconcile them to counterparty reporting.
• Prepare monthly client statements with a four-eyes check before release.
• Support collateral custody service, including asset movements, client instructions and reporting.
• Maintain client records and respond to client, counterparty and audit queries.
• Keep operating procedures current and move manual steps into back-office tooling.

Skills

Excel

Attention to detail

Written English

Tools

Excel

Job description

Location: Malaysia

About Pave Bank:

Pave Bank is the world’s first programmable business bank. Built by the founders behind Monzo and BigPay, we are redefining global business banking by integrating programmable financial infrastructure with world-class client experiences.

The role

You will run the day-to-day back office for the investment business: processing client transactions from instruction through to settlement, keeping position and cash records accurate, and producing the reporting our institutional clients rely on. You will work closely with Finance, Compliance and the Bank's external counterparties, and report to the Head of Asset Management.

What you will do

• Process client transactions across their full lifecycle, from instruction and confirmation through to settlement and maturity.

• Reconcile positions and cash daily against counterparty records, and investigate and clear breaks.

• Calculate month-end client yield and fee accruals, and reconcile them to counterparty reporting.

• Prepare monthly client statements, with a four-eyes check before release.

• Support the Bank's collateral custody service, including asset movements, client instructions and periodic reporting.

• Maintain client records and supporting documentation, and respond to client, counterparty and audit queries.

• Keep operating procedures current, flag operational and regulatory risks early, and help move manual steps into the Bank's back-office tooling.

What we are looking for

• One to four years in an operations, finance, fund administration or client servicing role at a bank, broker, asset manager or fund administrator. Strong candidates from adjacent backgrounds will be considered.

• A careful, numerate approach - you notice when a figure does not tie, and you check before you send.

• Strong Excel skills and comfort working with large data files.

• Composure under month-end and reporting deadlines, and the judgement to elevate early.

• Clear written English for correspondence with counterparties and institutional clients.

• Discretion in handling confidential client information.

Nice to have:

• An understanding of securities settlement mechanics, fixed income or repo

• Exposure to digital assets or collateral management

• Experience with a custodian, prime broker or fund accounting platform

• Familiarity with client onboarding or tax documentation

• Experience documenting procedures or specifying requirements for operations tooling.