Investment Operations Associate — Reconciliations & Trades

Sammons Financial Group Companies; West Des Moines (IA); On-site; USD 40,000 - 75,000; Full time

Benefits offered by this job

Health coverage for you and family

ESOP participation and 401(k) plan

Friday afternoons off

Tuition reimbursement

Volunteer time off

Job summary

Sammons Financial Group is seeking a role focused on investment operations, cash matching, and reconciliation. You will learn and apply knowledge of fixed income, equities, derivatives and bank loans while supporting audit reporting and operational efficiency.

Collaborate with accounting and reporting teams to maintain financial data integrity, and handle trade batching, compliance with internal controls, and data analysis to support monthly closes and risk management.

Qualifications

• Bachelor's Degree in Accounting, Finance or Business Management preferred.
• Ability to analyze financial data and identify discrepancies quickly and accurately.
• Meticulousness in handling financial transactions, reconciliation and reporting to ensure accuracy and compliance.

Responsibilities

• Perform cash matching activities to ensure accurate tracking of outgoing cash flows related to investment transactions.
• Conduct reconciliation processes daily identify and resolve discrepancies between internal records and bank statements.
• Batch trades efficiently, preparing them for processing while ensuring accuracy in the transaction data.
• Develop foundational understanding of investment vehicles including fixed income, equities, derivatives and bank loans.
• Learn transactional functions and operational aspects of different investment types including security master setup and income calculation.
• Contribute to operational process improvements to enhance efficiency, accuracy and productivity.
• Facilitate investigation and resolution of operational issues with investment managers and custodians.
• Ensure adherence to internal control policies to maintain data integrity.
• Utilize financial systems and software tools to execute responsibilities with precision.
• Compile and analyze operational data for reporting to Investment Accounting teams.

Skills

Cash reconciliation

Data analysis

Trade batching

Investment vehicles knowledge

Audit preparation

Excel proficiency

Communication

Team collaboration

Attention to detail

Education

Bachelor's degree in Accounting, Finance or Business Management

Tools

Microsoft Excel

Financial systems/software

Job description

Sammons Financial Group is seeking a role focused on investment operations, cash matching, and reconciliation. You will learn and apply knowledge of fixed income, equities, derivatives and bank loans while supporting audit reporting and operational efficiency.

Collaborate with accounting and reporting teams to maintain financial data integrity, and handle trade batching, compliance with internal controls, and data analysis to support monthly closes and risk management.