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Investment Accounting - Complex Assets Lead

Information About This Job

Job Title: Investment Accounting - Complex Assets Lead
Contract Type: Permanent
Location: Wilmington
Salary: $90,000–$125,000
Contact Name: Ben Kinley
Contact Email:
Job Published: 29 days ago

Job Description

The Role

The Accounting Services include the preparation and oversight of monthly accounting packages and support schedules, including regulatory returns and statutory reporting. As well as working with clients to deliver services, the team also supports client changes through corporate and other developments which impact on services. Also, the business is currently embarked on an exciting program of work to develop the accounting operating platform and to extend asset class coverage. The business is investing in new Aladdin technology and integrating this with PAM for Investments to develop an integrated accounting and risk platform and the industry-leading investment accounting provider.

As the business has expanded they have a requirement for strong technical skills and knowledge to continue to extend. They are currently recruiting for a Vice President with a broad knowledge of derivatives products.  They are also looking for similar product knowledge related to bank loans, mortgage loans and alternatives.

This group is responsible for the integrity of all asset data utilized by internal and external clients for both portfolio trading and accounting-based reporting.  The group ensures complete accurate and timely processing of asset security data and transaction data for the clients of the business as it pertains to the Investment Accounting Group and other businesses requiring trade management of externally managed assets. This includes, among other things, ensuring the accuracy of all terms and conditions of asset data pertaining to all known asset types, ensuring accurate market data, capturing trade file information for processing while creating a high level of straight-through processing to the accounting system from Aladdin and external investment managers.


Key Responsibilities

  • Lead the timely review and setup of securities specifically complex securities (e.g., Currency SWAPs, Total Return SWAPs, Interest Rate SWAPs, Alternatives, Bank Loans and Scheduled Periodic Paying Options) in the accounting platform

  • Manage and monitor the relationships with external managers to optimize straight through processing by re-engineering protocols to mitigate risk and create scale

  • Lead, manage and support client implementations, system upgrades, disaster recovery exercises, data conversions and BAU production releases

  • Ensure and monitor training needs for business continuity and platform scalability

  • Responsible for building optimal environment for process controls and documentation to ensure scalability and risk mitigation

  • Multitask and manage special projects/requests as identified


Qualifications & Experience

  • Possess and demonstrate a working knowledge of various investment products and finance theory; a strong understanding of fixed income, derivative, alternative and mortgage products preferred

  • Thrives in an entrepreneurial and team-oriented environment

  • Excellent analytical, critical thinking, and problem-solving skills

  • Ability to multi-task while working in a fast-paced, deadline driven environment while maintaining the quality and integrity of investment data

  • Strong attention to detail

  • Working knowledge of technical tools such as Excel functions, SQL, Unix commands, etc. strongly preferred

  • Excellent communication skills

  • Excellent organizational skills and people management

  • Proven experience with process improvement and project management

  • Experience with PAM for Securities/Investments a plus

Ref: | Published: 24 Jun 2019