• Mutual Fund Reconciliation Support Associate |

    Raymond James Financial, Inc. (Southfield, MI)


    Responsibilities

    + Follow a range of mandatory procedures to ensure that work is carried out to the required quality standards and/or to ensure adherence to external regulatory codes and internal codes of conduct.

    + Carry out operational tasks by following established processes. May involve adjusting basic settings or parameters in order to meet performance standards.

    + Use standard office software to carry out basic formatting of letters, memoranda, and routine reports.

    + Conduct data entry into company systems, and review and verify the information to ensure accuracy and accessibility.

    + Uses position management reconciliation system to accurately identify and resolve position breaks.

    + Identifies transactions between omnibus vendor and/or fund companies and the firm's books and records resulting in position breaks and facilitates proper and timely resolution as needed.

    + Reviews basic cash reconciliation issues; analyzes and interprets data and determines appropriate corrective action.

    Knowledge of

    + Basic investment concepts, practices, procedures and industry regulations related to Mutual Fund Reconciliation activities.

    + Basic mathematical skills including addition, subtraction, multiplication, division, percentages, fractions, averages and balancing sufficient to complete settlement.

    + Accounting principles.

    + Principles and practices of customer relations and communications.

    + Excel, Word, Outlook and other applications as needed.

    Skills

    + Monitor, interpret and understand policies and procedures and ensure their alignment with organizational strategies and work objectives.

    + Plan, organize, prioritize and oversee activities to efficiently meet objectives.

    + Organization and time management sufficient to prioritize workload, handle multiple tasks, and meet critical deadlines

    + Review and evaluate recommendations and requirements and to develop appropriate plans or deliver actions required.

    + Identifying financial events that affect balancing and reconciliation.

    + Reconciling and correcting share discrepancies.