Leading London Asset Manager is looking for a Operations Associate to join a small team, They are looking for someone who has strong reconciliations skills (Cash & Securities) and also have NAV knowledge. This is an initial 6 month contract but this role is potential long term for the right person.

Cash/Securities Reconciliation (core role)

  • To complete any client, custodian and internal queries/requests for information (both on a valuation and reconciliation perspective), relating to each of the accounts that has been assigned, and respond in an accurate and timely manner.
  • To complete all tasks/job specific requests deemed necessary by operations management
  • To perform daily cash reconciliations and weekly stock reconciliations to the custodians for each of the accounts that has been assigned.
  • To perform NAV reconciliations for assigned accounts as per pre-defined deadlines.
  • To communicate reconciliation issues to appropriate internal teams and monitor until resolution.
  • To perform/respond to ad-hoc tasks requested by clients and portfolio managers.
  • Monitoring of external deadlines and ensuring parties are chased in a timely manner to not fail on delivery expectations.
  • To escalate any matters to your line manager that may potentially impact upon the firm or any client relationship.
  • To ensure procedures are adhered to, updated and maintained.
  • Monitoring of mailboxes for follow up queries.
  • To analyse the day-to-day work and make suggestions within Cash Reconciliations in order to enhance procedures.
  • To manage the flows/postings by booking/approving them in the system in a timely manner


  • 3 to 5 years experience of valuation production and reconciliation working with fixed income asset manager/hedge fund manager - experience of cash and security reconciliations is essential, experience of NAV reconciliations too would be an advantage.
  • Good technical knowledge of fixed income and derivative markets
  • Good analytical mind when investigating on operational queries
  • Understanding of performance measurement
  • Detailed understanding of main securities - (Bond/FFX/ Futures/Swaps and TBA)
  • Dealing with relatively senior individuals internally, as well as at brokers and custodian banks.
  • Ideally, the candidate can demonstrate delivery of procedural improvements in a previous role.