Investment Operations Specialist – Settlement & Reporting

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

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.