Operations Associate - Reams Asset Management
Reams Asset Management ("Reams"), an affiliate of Raymond James Investment Management, is a fixed income investment management firm located in downtown Indianapolis, Indiana. Since its establishment in 1981, Reams has grown to manage over $23 billion in a variety of fixed income strategies for a diverse group of institutional clients, including Fortune 500 corporations, large public pension funds, Taft-Hartley plans, health care organizations, and a variety of universities, foundations and endowments. Reams employs 40 individuals with a mission to provide the highest quality investment management expertise and unmatched client service in all product areas over the long-term.
About the role
We currently have an opportunity in our Investment Operations Department for an Analyst who will be responsible for processing account transactions and reconciliations, generating reports, and acting as liaison for internal and external contacts. This position will also support day-to-day resolution of complex problems and be involved in process improvement projects.
Responsibilities
- Supports day-to-day resolution of complex investment accounting problems and transaction processing and is responsible for the client portfolio reconciliation processes.
- Processes and reviews account transactions, ensuring accuracy and timely settlement.
- Performs cash, position, and portfolio reconciliations and investigates discrepancies.
- Prepares and posts journal entries and adjustments as required.
- Researches and resolves transactions, reconciliation, and accounting-related exceptions.
- Collaborates with custodians, brokers, and internal teams to resolve operational issues.
- Identifies process improvement opportunities and recommends solutions to enhance efficiency and controls.
- Balances competing priorities and meets established deadlines.
- Performs other duties and responsibilities as assigned.
Requirements
- Bachelor’s degree in Accounting, Finance, or related degree or two (2) years of relevant experience.
- Strong analytical skills.
- Ability to multi-task.
- Self-motivated with natural curiosity.
- Works well in a team environment.
- Excellent interpersonal skills.
- Involvement in process improvement projects.
Skills
- Portfolio accounting systems and databases.
- Strong Excel skills.
- Effective oral and written communication.
- Uncompromising adherence to ethical principles.
- Preparing analyses and information reports for management.
- Analyzing problems and developing creative solutions.
- Handling stressful situations and providing a high level of customer service in a calm and professional manner.
- Providing efficient service to internal and external clients.
- Partnering and collaborating in a team environment.
- Fostering a cooperative work environment and partnering with other functional areas to accomplish objectives.
- Attention to detail while maintaining a big picture orientation.
Preferences
- Experience with fixed income securities.
- Experience with custodian platforms.
- Familiarity with derivative securities.
- Familiarity with non-USD securities.
- Familiarity with SWIFT.
Benefits
This position is eligible for a benefits package that may include:
- Medical, dental, and vision insurance.
- Life insurance; critical illness insurance and accident insurance.
- Disability benefits.
- Retirement savings.
- Paid time off (including vacation, holidays, and sick leave).
- Parental leave.
Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.
Pay
The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions.
Schedule
- Workstyle: Hybrid
- Travel: Less than 25%