SMA Operations Associate

Social Capital Resources; New York (NY); On-site; USD 70,000 - 90,000; Full time

Job summary

Social Capital Resources is seeking an SMA Operations Associate for a permanent position in New York. This role involves servicing our Separately Managed Account (SMA) business and providing quality support relating to account supervision.

The ideal candidate will have a Bachelor’s Degree and at least 3 years of relevant experience, along with excellent computer skills and proficiency in Excel for data management.

Qualifications

• 3+ years of relevant experience in operations or account management.
• Ability to work with large data files and pivot tables in Excel.

Responsibilities

• Play an integral role in servicing our Separately Managed Account (SMA) business.
• Manage daily queues for new account restrictions and resolve issues with Account Managers.
• Review daily reconciliation files and communicate with back office for processing.
• Research account breaks and reconcile discrepancies.
• Respond to daily inquiries about SMA accounts.
• Monitor account freeze notifications and escalate issues as needed.

Skills

Excellent computer skills

Proficiency with Microsoft Excel

Education

Bachelor’s Degree

Job description

Top-Tier Fund in Manhattan is seeking an SMA Operations Associate for a permanent position!

Responsibilities:

• Play an integral role in servicing our Separately Managed Account (SMA) business, providing the highest quality support relating to new accounts supervision, and delivering “best in class”
• Managing daily queues for new account restrictions, transfer in-kinds, state preference, strategy changes and work with Account Managers to resolve any issues
• Reviewing daily reconciliation files for firm’s internal accounting system and communicating with back office for processing
• Researching account breaks and working with back office to reconcile account discrepancies in a timely manner
• Responding to daily inquiries from other internal firm’s departments regarding SMA accounts
• Monitoring daily account freeze notifications, proxy meetings, claim reports and escalating issues to the appropriate internal teams as needed

Qualifications:

• Bachelor’s Degree
• 3+ years of relevant experience
• Excellent computer skills (including Microsoft Office); proficiency with excel spreadsheets (e.g., working with large data files, pivot tables and preparing summary schedules for presentations).