Reconciliation Analyst

LanceSoft, Inc.; United States; Remote; USD 105,000 - 110,000; Full time

Job summary

LanceSoft, Inc. is seeking an Analyst to join the Investment Operations Shared Services Team supporting the reconciliation function of invested assets. The role covers multiple investment types and emphasizes process improvements, efficiency, and strong control environment.

The ideal candidate has 3–5 years in Investment Operations, with solid Excel skills and the ability to work remotely in EST hours; interview process includes 2–3 rounds.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business or related field required.
• 3–5 years of relevant Investment Operations experience.
• Working knowledge across various investment strategies and products.
• Strong business aptitude and time management skills.
• Proficient with Microsoft Office, especially Excel; quick learner.
• Detail-oriented with strong analytical and problem-solving skills.
• Motivated to work independently and in a team.

Responsibilities

• Review aging reconciliation reports and validate exceptions; query owners as needed.
• Ensure timely resolution of exceptions and provide regular updates to Lead.
• Review cash and holding reconciliations for potential material impact.
• Ensure reconciliation breaks have proper backup for monthly close.
• Manage SLA requirements with internal and external parties.
• Keep Lead and team updated on progress; communicate delays early.
• Ensure accuracy before submitting for review and look for process improvements.
• Escalate issues promptly to Lead; participate in other tasks as directed.

Skills

Investment Operations

Excel

Analytical thinking

Time management

Teamwork

Education

Bachelor’s Degree in Finance, Accounting, Business

Tools

BlackRock Aladdin

SimCorp Dimension

Job description

Work Mode: Remote EST REQUIRED (Boston preferred with hybrid 2X a week schedule)

Duration: 06 Months Contract with possible extension

Pay rate: $50.90

Description:

Interviews: 2-3 interviews

Preferred Industries:

Experience in Investments with an asset manager

Job Description:

Seeking an Analyst to join the Investment Operations Shared Services Team supporting the reconciliation function of invested assets. The Shared Services Reconciliation Team supports various investment types including public equity, investment grade & high yield debt, structured credit (MBS/CMO), private credit, bank loans and derivatives. The Analyst will work with the team members and Manager and is responsible for supporting team deliverables/mandates. Expected to foster an environment of continuous improvement and assist/participate in initiatives that enhance operational efficiency and control.

Job Responsibilities:

• Review aging reconciliation reports to ensure that exceptions are validated, query owners on items that are outside determined thresholds
• Ensure exceptions are resolved in timely manner, provide updates to Lead regularly and escape as needed.
• Review outstanding cash and holding reconciliation items for potential material impact and ensure timely resolutions. Escalate items as needed.
• Ensure cash and holding reconciliation breaks have proper backup support for each monthly close
• Ensure SLA requirements for internal and external parties are managed efficiently and effectively
• Keep Lead(s) and rest of team updated on progress of work, and communicate issues/delays timely to avoid missed deadlines
• Ensure work is completed thoroughly and accurately before submitting for review
• Review workflows and identify process improvements, and ways to make workflows more efficient.
• Escalate any issues or delays, pertaining to the items above, or other assigned tasks, to the Lead as soon as possible.
• Participate in other daily tasks as needed per the direction of the Lead or Manager.

Qualifications & Skills:

• Bachelor’s Degree in Finance, Accounting, Business, or related field is required.
• Requires a minimum of 3-5 years of relevant work experience in Investment Operations.
• Working knowledge across various investment strategies and products.
• Strong business aptitude and time management skills.
• Proficient with Microsoft Office, especially excel, and propensity to quickly learn new applications, processes, and areas of business.
• Detail-oriented, with strong analytical and problem-solving skills.
• Highly motivated with the ability to work effectively independently and within a team.

Preferred:

• Familiarity with BlackRock Aladdin, and SimCorp Dimension is preferred but not required.