Cash And Reconciliations Specialist

Job DetailExperience Level StaffDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000019745Salary Type AnnuallyIndustry Hedge FundSelling Points Contribute to a dynamic team in a fast-paced financial environment. Enhance your expertise in cash and position reconciliation processes. Collaborate with cross-functional teams to drive operational excellence.Job DescriptionCash and Reconciliations Specialist OverviewThe Cash and Reconciliations Specialist will manage daily cash and position reconciliations across multiple accounts and platforms.Collaborate with Trading, Technology, and Operations teams to ensure accuracy and resolve discrepancies efficiently.Utilize internal and third-party systems to maintain accurate transaction records and support investment strategies.Identify and address process gaps, proposing innovative solutions to enhance operational workflows.Work in a dynamic, fast-paced environment requiring strong analytical and problem-solving skills.This hybrid role offers opportunities for professional growth and cross-functional collaboration.Cash and Reconciliations Specialist Key Responsibilities & DutiesPerform daily cash and position reconciliations across various systems and Prime Brokers.Investigate and resolve reconciliation breaks, ensuring timely escalation and resolution.Maintain accurate transaction records and ensure data integrity across platforms.Collaborate with internal and external stakeholders to address process inefficiencies.Respond promptly to queries and requests from Trading, Technology, and Operations teams.Utilize reconciliation tools like DUCO to streamline operations and enhance accuracy.Support the development and implementation of solutions for operational challenges.Cash and Reconciliations Specialist Job RequirementsBachelor's degree in a relevant field is required.Minimum of 3 years of experience in operations or financial services, with exposure to equities, credit, derivatives, and rates preferred.Proficiency with reconciliation tools like DUCO or similar platforms is advantageous.Strong analytical, communication, and problem-solving skills are essential.High attention to detail and ability to manage competing priorities in a dynamic environment.Collaborative team player with the ability to work across multiple functions effectively.