Portfolio Operations Analyst

Allspring Global Investments; Minneapolis (MN); Hybrid; USD 70,000 - 85,000; Full time

Job summary

Allspring Global Investments is seeking a portfolio accountant to join their Portfolio Accounting team. The role requires at least 2 years of experience in portfolio accounting, as well as proven leadership skills. Responsibilities include preparing reconciliations and working closely with team members.

The successful candidate will operate in a hybrid work model and must possess strong communication and analytical skills. A competitive salary range from $70,000 to $85,000 is offered, with performance incentives.

Qualifications

• Minimum of 2 years of experience in portfolio accounting or related operations.
• Proven leadership skills.
• Ability to articulate issues and proposed solutions.

Responsibilities

• Prepare and review account reconciliations.
• Research and resolve discrepancies.
• Lead improvement and oversight projects.

Skills

Investment operations experience

Attention to detail

Time management skills

Analytical skills

Risk management ability

Teamwork

Communication skills

Tools

Advent Portfolio Exchange (APX)

MS Excel

Power BI

Job description

Overview

Allspring Global Investments is looking for a portfolio accountant to join our Portfolio Accounting team. The candidate should have a minimum of 2 years of experience in portfolio accounting or related operations experience with a history of increasing responsibilities. A track record of identifying and implementing improvements, including controls to mitigate risk, is considered a strong plus. In addition, candidate must have proven leadership skills and demonstrate a willingness to lead teams and projects.

We currently operate in a hybrid working model, whereby you will be required to work in-office 4 days per week.

Location(s): Milwaukee, WI, or Minneapolis MN

Responsibilities

• Prepare and review daily, weekly and monthly separate account reconciliations between internal accounting system and both trading system and custodians
• Thoroughly research discrepancies and resolve them in a timely manner
• Set up newly funded accounts with cash and assets on accounting and trading systems
• Work cooperatively with team members on shared responsibilities
• Lead and contribute to improvements and oversight
• Communicate clearly and effectively with custodians, internal operational team members, investment team contacts and relationship managers to resolve issues and build sound working relationships

Required Qualifications

• 2 plus years of investment operations experience
• Strong attention to detail and accuracy
• Demonstrated time management, analytical and organizational skills
• Ability to articulate issues, risks, and proposed solutions to various levels of staff and management
• Proven ability to manage risk, mitigate risk and make sound decisions
• Ability to work effectively in a team environment
• Excellent verbal, written, and interpersonal communication skills
• Remain in stationary position for prolonged periods of time
• Operate computer programs and software
• Ability to communicate effectively with audiences in person and in electronic formats
• Day-to-day contact with others (co-workers and/or public)
• Ability to work in a collaborative business environment in close quarters with peers and varying interruptions

Preferred Qualifications

• Ability to drive continuous improvement and execution excellence
• Enjoys working in a changing environment but able to focus on the task at hand
• Experience in other mid- and back-office roles including trade support, performance, portfolio operations, and client administration
• Experience with Advent Portfolio Exchange (APX), Bloomberg, CRD, Wall Street Office (WSO) and SS&C Recon
• Advanced experience with MS Excel and general facility with technology tools such as MS Access and Power BI

Please note: This position does not offer sponsorship for employment visas. Applicants must be legally authorized to work in the United States without sponsorship now or in the future.

Compensation

Base Pay Range: $70,000 - $85,000

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary bonus programs, or other annual or non-annual incentive or sales plans.)

Hybrid

Disclosure

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.