Portfolio Administrator

Social Capital Resources; Charlotte (NC); On-site; USD 50,000 - 70,000; Full time

Job summary

A top-tier investment management firm in Charlotte, NC, is seeking multiple Portfolio Administrators for permanent positions. The role involves managing reconciliation discrepancies, preparing month-end accounting statements, and overseeing account onboarding processes. Ideal candidates should have over 1 year of financial work experience, technical knowledge of investment markets, and familiarity with portfolio accounting systems like Advent. This position offers a chance to work at a prestigious firm in a dynamic environment.

Qualifications

• 1+ years of back and middle office financial work experience, preferably within Asset Management.
• Technical understanding of investment markets, securities, and investment systems.
• Direct experience with a portfolio accounting system.

Responsibilities

• Research and remediate reconciliation discrepancies daily.
• Prepare and distribute month-end accounting and performance statements.
• Manage operational aspects of new account onboarding.

Skills

Communication skills

Analytical skills

Technical understanding of investment markets

Tools

Advent Portfolio Exchange

Bloomberg

Charles River

Salesforce

Job description

Top-Tier Investment Management firm in Charlotte, NC is seeking multiple Portfolio Administrators for permanent positions!

Responsibilities

• Research and remediate reconciliation discrepancies daily. Requires close and frequent communication (email and phone) with counterparts at custodial banks and internal settlement team.
• Prepare and distribute all month-end accounting and performance statements, per client specific instructions, for assigned client list during first 7 business days after month end.
• Manage operational aspects of new account onboarding, including set up of account attributes in portfolio accounting system, data feed connectivity to custodian, and verifying funding status.
• Ensure transaction/position integrity in records (Advent APX) against client custodial records, and to OMS (Charles River) and relevant reference data (Bloomberg, etc.).
• Oversee necessary steps for other operational activities over an account lifecycle, such as contributions/withdrawals, audit requests, and account terminations.

Qualifications

• 1+ years of back and middle office financial work experience, preferably within Asset Management.
• Technical understanding of investment markets, securities, security data, and investment systems.
• Direct experience with a portfolio accounting system, preferably an Advent system.
• Excellent overall computer skills with demonstrated proficiency in several software packages. Familiarity with Bloomberg, Charles River, Advent Portfolio Exchange, and Salesforce preferred.