Investment Operations Associate — Portfolio Services

Sands Capital; Arlington (VA); Hybrid; USD 70,000 - 75,000; Full time

Benefits offered by this job

Medical insurance

Dental & vision insurance

Paid holidays

Vacation & sick leave

Parental leave

Job summary

Sands Capital seeks an Investment Operations Associate to support the Portfolio Services function. You will manage cash flow, reconciliations, and operational controls for separate accounts and funds, coordinating with custodians and internal teams to ensure accurate records and timely reporting.

The role emphasizes process improvement, data analytics, and robust controls within a hybrid Arlington, VA environment. A finance or accounting background and 1–3 years of experience are preferred.

Qualifications

• Undergraduate degree preferred in Finance, Accounting, Economics, Business, Information Systems, or related field.
• 1–3 years of relevant investment operations experience.
• Strong attention to detail and ability to produce accurate work products.

Responsibilities

• Reconciliation & Exception Management: perform daily and periodic reconciliations of cash, positions, transactions, income, FX activity, and other account-level activity against custodian or service-provider records.
• Cash Flow Management: review, process, and monitor client and fund cash flows and related movements.
• Discrepancy Research: research and resolve cash, position, pricing, income, and data discrepancies with clear analysis and recommended next steps.
• Portfolio Recordkeeping: validate activity and maintain data integrity for downstream use.
• Reporting & Audit Support: prepare and review recurring client, firm, audit, financial, and operational reports.
• Service Provider Coordination: communicate with custodians and administrators to resolve open items.
• Cross-Functional Partnership: collaborate with Portfolio Administration, Trade Settlements, Trading, Compliance, Accounting/Finance, Legal, etc.
• Process Improvement & Projects: identify gaps, assist with documentation, data validation, testing, and automation initiatives.

Skills

Analytical skills

Attention to detail

Communication skills

Team collaboration

Education

Bachelor's degree in Finance, Accounting, Economics, Business, or related field

Tools

Microsoft Excel

Job description

Sands Capital seeks an Investment Operations Associate to support the Portfolio Services function. You will manage cash flow, reconciliations, and operational controls for separate accounts and funds, coordinating with custodians and internal teams to ensure accurate records and timely reporting.

The role emphasizes process improvement, data analytics, and robust controls within a hybrid Arlington, VA environment. A finance or accounting background and 1–3 years of experience are preferred.