GMO
Investment Management
PortfolioOperationsAssociate
Neural analysis suggests this role is
optimal for Mid+ candidates.
“Portfolio Operations Associate at GMO. Skills: Portfolio operations, Fund accounting, Data reconciliation. Develop understanding of assigned accounts. Perform reconciliation of holdings”
Industry & Context.
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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