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Investment Operations Associate

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Arch Capital Services LLC

2021-12-03 07:32:07

Job location Raleigh, North Carolina, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

The Position:

Reporting to the VP of Investment Operations, the Investment Operations Associate will be responsible for the various Investment Operations responsibilities that supports Arch Investment Management (AIM). The incumbent will also be responsible for ensuring optimal delivery of all operational services across the complete list of products that AIM invests and will collaborate with legal/compliance and performance teams as well as portfolio managers and service providers to deliver efficient and effective operational support to our firm.


The ideal candidate must have experience working in a middle or back office operations environment for an asset manager, broker dealer or hedge fund and have knowledge of both traditional and alternative investments. We are open to a candidate in various locations throughout the U.S. however, the preference is for the candidate to sit in Raleigh, NC with the rest of the team.

Job Responsibilities:
  • Coordinate various types of account maintenance obligations including opening of accounts, asset transfers, cash movements and account closings
  • Review new accounts set-up by identifying and reconciling discrepancies between the data within the individual systems
  • Process account documentation and paperwork including custodial forms, application input, and other deliverables required for completion
  • Process and liaise with appropriate teams on all directed cash flows
  • Perform pricing, position and cash reconciliations between the individual systems
  • Actively participate in departmental internal and external audit request and document accordingly
  • Provide daily trade support while addressing issues as they arise
  • Participate in various types of system improvement testing both internal and external
  • Research and resolve account issues leveraging internal support resources and escalate to management as appropriate
Desired Skills/Experience:
  • Minimum of 3 years of broad financial services experience preferably in Investment Operations
  • Knowledge of traditional and alternative investments, including understanding of processing requirements for complex asset types including derivatives, private equity, and bank loans, etc.
  • Structured, disciplined approach to work, with attention to detail
  • Ability to multi-task and work on multiple initiatives
  • Strong reconciliation skills and the ability to identify and correct accordingly
  • Ability to react positively under pressure to meet tight deadline
  • Advanced Microsoft Office skills with a heavy emphasis on Excel
Education:
  • Bachelor's Degree in Finance or Accounting
The Company:
Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services LLC provides support and expertise to entities across ACGL to help them operate effectively and efficiently. Arch is committed to helping its associates create what's next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company.
Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.

If you receive a communication or email, please be vigilant to fraudulent activity asking you to submit any personal information. DO NOT send money or share any details with someone suggesting they can provide employment with Arch. Your information should only be entered into our official job portal at archgroup.com.

Please know the following about our interviewing and hiring practices:
  • We never make job offers without a formal interview process.
  • We never ask you to send money of any kind.

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