Aerotek is a staffing and recruiting company and we are currently hiring for one of our clients within the financial industry.
* As a Functional Specialist, Associate 1, you will interact internally with global Centers of Excellence, Client Operations teams, business unit Shared Service teams and Joint Venture operations teams to complete the processing for assigned clients and portfolios.
Job Duties and Responsibilities
o Reviews and validates all daily activity in an accurate and timely manner, and maintains all required controls to ensure overall accuracy
o Calculate and process fund and account activities, e.g. supporting NAV (Net Asset Value), cash movements, distributions, process transactions, etc. and prepares proofs as needed for portfolio holdings and accrual information
Works in conjunction with individuals on the team as well as other shared services/COEs (Centers of Excellence), India and Client Operations to ensure seamless processing according to the funds policies
Perform research and resolution process for exceptions, reconciliations, incorrect transactions and inquiries
Provides information needed to prepare financial statements and reports for client, shareholder, director and management reports, in an accurate and timely manner
Reviews corporate actions
Remains familiar with back-up procedures when system applications and/or transmission problems arise
Maintains records in support of audits
Populates components of Security and Exchange Commission Yield, as necessary
Reconciles fund share transactions and resolve discrepancies
May perform other duties as requested
During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures