GMO

Investment Management

PortfolioOperationsAssociate

$65–80k Boston, Massachusetts, United States FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Portfolio Operations Associate at GMO. Skills: Portfolio operations, Fund accounting, Data reconciliation. Develop understanding of assigned accounts. Perform reconciliation of holdings”

Industry & Context.

Investment Management
Problems you'll solve

Analytical skills

What They're Looking For.

Must Have

Bachelor's degree, 1-4 years fund accounting

Nice to Have

Derivatives experience preferred, Other asset class experience preferred, Experience with BlackRock Aladdin a plus, Experience with FIS’s Data Integrity Manager a plus, Microsoft Office programming skills a plus

What You'll Do.

Develop understanding of assigned accounts

Perform reconciliation of holdings

Perform reconciliation of cash

Perform reconciliation of security transactions

Investigate discrepancies

Resolve discrepancies

Communicate with investment teams

Conduct daily NAV validation

Conduct monthly NAV validation

Monitor cash availability

Report cash availability

Monitor overdraft positions

Report overdraft positions

Partner with Pricing team

Research valuation issues

Escalate valuation issues

Resolve valuation issues

Produce client-specific reporting

Produce ad hoc reporting

Track outstanding issues

Follow up on outstanding issues

Identify opportunities to prevent recurrence

Communicate discrepancies

Escalate discrepancies

Investigate data integrity issues

Resolve data integrity issues

Ensure reconciliation items resolved timely

Contribute to cross-functional initiatives

Contribute to ad hoc projects

Support data integrity initiatives

Assist with onboarding systems

Assist with implementation of systems

Contribute to process improvement

How You'll Work.

Team & Collaboration

Investment teams; Front office; Middle office; Technology teams; Client relationship teams; Cash Desk; FX teams; Pricing team; Data Management team; Operations teams

Full Job Description

## Description Company Profile   Founded in 1977, GMO is a global investment manager committed to delivering superior long-term investment performance and advice to our clients. We offer investment strategies and solutions where we believe we are positioned to add the greatest value for our investors. These include multi-asset class, equity, fixed income and alternative offerings.   We manage approximately $80bn for a client base that includes many of the world’s most sophisticated institutions, financial intermediaries, and private clients. Industry-wide, we are well known for our focus on valuation-based investing, willingness to take bold positions when conditions warrant, and candid and academically rigorous thought leadership. Jeremy Grantham, GMO’s Co-Founder and Long-Term Investment Strategist, is renowned as an expert in identifying speculative investment bubbles and also as a leading climate investor and advocate.   GMO is privately owned and employs over 430 people worldwide. We are headquartered in Boston, with additional offices in Europe, Asia and Australia. Our company-wide culture emphasizes commitment to clients, intellectual curiosity, and open debate. We celebrate and respect our differences, while embracing and valuing what each of us brings to work, as we know that diverse teams in an inclusive, caring environment achieve higher engagement and better client results.   Please follow the prompts included in this job posting to apply. The application window for this role is anticipated to remain open until the job is filled, or as otherwise determined by GMO.   Position Overview The Portfolio Operations Associate is responsible for ensuring the integrity of data provided by custodian banks, prime brokers, and administrators. You will perform various controls, audit, analytical, accounting and reporting responsibilities for a number of GMO’s mutual funds, hedge funds, ETFs, and separately managed accounts. “Ownership” is the key. You will take owners

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