Reconciliation Specialist, II

Dexian; Chester (Delaware County); Vor Ort; USD 65.000 - 90.000; Vollzeit

Zusammenfassung

Dexian is seeking a Specialist, Reconciliation II to maintain accuracy of cash, position, and transaction data across SMA and UMA programs. You will investigate exceptions and coordinate with custodians and internal teams.

The role focuses on daily reconciliations, data validation, and producing reporting to support client accounts while upholding a strong control environment.

Qualifikationen

• Bachelor's degree in business, Finance, or related field preferred.
• 3-5 years of reconciliation or investment operations experience.
• Strong knowledge of fixed-income and global markets.
• Proven ability to prioritize and manage deadlines with accuracy.
• Excellent communication and collaboration across teams.

Aufgaben

• Perform daily cash, position, and transaction reconciliations across SMA and UMA portfolios.
• Validate account transactions and portfolio updates.
• Investigate and resolve complex cash and position exceptions.
• Coordinate with custodians, banks, and brokers to resolve discrepancies.
• Produce and review reconciliation reporting.

Kenntnisse

Analytical thinking

Attention to detail

Excel proficiency

Communication skills

Problem solving

Ausbildung

Bachelor's degree in business or finance

Tools

MS Excel

MS Office

Jobbeschreibung

Position Summary

The Specialist, Reconciliation II plays a key role in maintaining the accuracy and integrity of managed account solutions by overseeing reconciliation activities across cash, position, and transaction data for separately managed account (SMA) and unified managed account (UMA) programs. This role is responsible for independently investigating and resolving complex reconciliation exceptions, validating portfolio activity, and coordinating with custodians, brokers, and internal teams to ensure accurate account administration. Through effective exception management and operational oversight, the Specialist helps support investment managers in delivering scalable and customized managed account solutions while maintaining a strong control environment.
Key Responsibilities

• Perform daily cash, position, and transaction reconciliations across SMA and UMA portfolios to ensure the accuracy of client holdings, balances, and account activity.
• Validate account transactions, security movements, cash activity, and portfolio updates to support the accurate administration of client managed account solutions.
• Investigate and independently resolve complex cash and position exceptions impacting managed account portfolios, utilizing sound analytical judgment and established escalation procedures.
• Partner with custodians, banks, brokers, and internal operational teams to research and resolve discrepancies that may affect portfolio accuracy, trading activity, or client reporting.
• Execute daily operational controls and reconciliation processes that support data integrity, risk mitigation, and compliance with client and sponsor requirements.
• Monitor reconciliation workflows and exception queues to ensure issues are identified, researched, and resolved within established service level expectations.
• Analyze reconciliation trends and recurring exceptions to identify opportunities for enhanced data quality, operational efficiency, and control effectiveness.
• Support account onboarding, account maintenance, portfolio transitions, and other managed account activities that impact cash, position, and transaction reconciliations.
• Produce and review reconciliation reporting related to portfolio activity, cash movements, and operational exceptions to support management oversight and decision-making.
• Maintain a strong control environment by adhering to established operational procedures, regulatory requirements, and risk management standards governing managed account operations.

Qualifications

• Bachelor's degree in business, Finance, or a related field preferred, or equivalent combination of education and experience.
• 3-5 years of experience in reconciliation, investment operations, asset servicing, managed accounts, or a related financial services environment.
• Experience performing institutional cash, position, or transaction reconciliations preferred.
• Strong knowledge of fixed-income securities required.
• Knowledge of foreign securities, currencies, and global market activity preferred.
• Strong analytical and problem-solving skills with exceptional attention to detail.
• Proven ability to prioritize multiple responsibilities and manage competing deadlines while maintaining a high level of accuracy.
• Strong verbal and written communication skills with the ability to collaborate effectively across internal and external stakeholder groups.
• Proficiency in MS Excel and other MS Office applications, along with the ability to quickly learn new systems and technologies.
• Demonstrated commitment to operational excellence, risk awareness, and continuous improvement.

Dexian stands at the forefront of Talent + Technology solutions with a presence spanning more than 70 locations worldwide and a team exceeding 10,000 professionals. As one of the largest technology and professional staffing companies and one of the largest minority-owned staffing companies in the United States, Dexian combines over 30 years of industry expertise with cutting-edge technologies to deliver comprehensive global services and support.
Dexian connects the right talent and the right technology with the right organizations to deliver trajectory-changing results that help everyone achieve their ambitions and goals.To learn more, please visit https://dexian.com/.
Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.