A mid-sized wealth management firm located in the Loop, is hiring for a Client Reporting Associate to join their Performance team.
My client offers great work/life balance as well as career growth.
This is an entry-level opportunity for someone who has light accounting experience, preferably investment accounting.
Position Summary: The Client Reporting Associate is responsible for the timely and accurate reconciliation of the firm’s internal portfolio accounting systems to the custodial records for each client investment.
This position is a member of Altair’s Client Reporting team, whose responsibility is to provide a fair, accurate and complete picture of client investment portfolios across multiple formats on a daily, monthly and quarterly basis.
The primary task assigned to this role is the reconciliation of the investment data, the accuracy of which is critical to the firm and to clients.
Responsibilities Electronically import, review, reconcile and publish core investment data, including activity, positions, and prices Set up new accounts and portfolio investments following established procedures Research Corporate Actions, including global security changes, to ensure proper impact on investment reports Enter investment data manually and perform other less automated tasks in order to process, reconcile and publish client portfolio data for investments from non-electronic sources Populate Microsoft Access and SQL Server databases, both manually and using proprietary software Document, retain, and escalate, all warnings, errors and other technical problems; follow-up and drive to completion all unresolved, outstanding issues Use available resources, including custody and manager statements, to independently research investment accounting related questions, and to resolve any data problems raised by reporting and data recipients Strive to maintain and improve the overall service experience to internal clients and to all client reporting and data recipients Ensure that client reporting and data recipients remain informed about by providing status updates on tasks Establish and maintain online access to download all monthly custodian statements Follow established monthly and quarterly pre-production checks and procedures Qualifications Bachelor’s Degree in Accounting, Finance, Business or related field Professional experience in investment accounting and reconciliation Understanding of basic investment accounting principles Proficiency with Microsoft Office, including Outlook, Word, and Excel Detail-oriented and analytical Problem-solving mind-set to localize data-related issues