Administrator 2, SMA

As one of the world s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If youre looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

Job Description

• Review and Perform Reconciliation across Custom Fixed Income & Custom Equity SMAs, including corporate bonds, municipals, treasuries, Equities, and structured products.
• Perform Client level reconciliation for Cash & Positions between Invesco Portfolio account systems and relevant various Custodian accounts.
• Collaborate with Traders, Portfolio Managers, Custodians & Vendors to resolve trade discrepancies.
• Proactively contribute ideas and participate in continuous improvement initiatives.
• Monitor and report the cash and position discrepancies in a timely manner to the trading desk.
• Research/Resolve of various corporate actions discrepancies like Partial, Conditional & Full Call, Pre-Refunding, Matured, etc.
• Cost basis recon knowledge on Equity product.
• Identify & resolve individual account discrepancies accurately and efficiently, to ensure systems are ready for trading.
• Working rigorously on Equity and Fixed Income cash breaks on a daily basis and resolve them to maximum extent.
• Reviewing and identifying items in the Middle Office Reconciliation Global mailbox
• Create Procedures & Ensure they are up to date on a monthly basis.
• Proactively identify potential operational risks, suggest mitigation strategy to manager and lead the implementation of the agreed upon mitigation strategy
• Review and Ensure all the e-mails in the Global mailbox are routed properly and all the items are handled correctly and accurately.
• Responsible for helping/Guiding the team members to prioritize the work and to do the Job on their own.
• Ensure timely completion of critical end-of-day reports (e. g. , trade allocations, files saving, email handling).
• Foster a communicative and collaborative team environment.
• Demonstrate visibility, being vocal & accountability in process management and team building.
• Must be willing to work full-time night shifts to support global operations - USA.
• Flexibility to provide support during overtime and off-hours as business needs arise.
• Participation in Business Continuity and Recovery testing, as required and scheduled by the Manager.
• Communicate with Traders, Client Service teams, Brokers, and Custodians to investigate and resolve reconciliation related queries through Calling them proactively.
• 2 to 4 Years Investment Operations Industry Experience Excellent Knowledge of Global Investment Products is required.
• Strong understanding of SMA processes and the full trade lifecycle.
• Proven team player with excellent interpersonal skills.
• Open-minded, flexible, and willing to listen to other people s opinions.
• Good Understanding of Quality and process improvement concepts.
• Excellent analytical and numerical skills.
• Strong oral and written communication skills.
• Proficiency in MS Excel, and other MS Office tools.

Job Type

Full Time

Worker Type

Employee

Job Exempt

No

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