Loan Services - Reconciliation Senior Associate

## Loan Services - Reconciliation Senior Associate Apply locations:
New York, NY:
227 Monroe St (7th Fl), Chicago, IL,UStime type:
Full time posted on:
Posted Yesterday job requisition :
JR- #
** Position Summary
** Guggenheim Investments is seeking an exceptional candidate to join its Investment Management Operations function. The Reconciliation Senior Associate will be part of the Portfolio Operations team and will be responsible for ensuring that both cash and positions across assigned portfolios are accurate. The ideal candidate will be extremely organized while having the confidence and communication skills to effectively work in a team setting.

A key aspect of the role is managing and liaising with counterparts at global custodians to minimize market risk, in addition to effectively communicating cross functionally with internal teams. The Senior Associate role requires the ability to analyze upstream business processes and understand where gaps may exist and propose recommendations for process improvements.
This position is located in our Chicago or New York office.#
** Responsibilities**#
** Key Responsibilities
*** Reconcile cash and positions with external parties and across Wall Street Office and Black Rock Aladdin systems
* Process activity in Wall Street Office and Aladdin databases
* Research and resolve bank loan cash and position discrepancies in both WSO and Aladdin systems
* Provide liquidity for the accounts that Bank Loan Reconciliation team is responsible for to the trading desk
* Review PNI transactions and positions between WSO and BRS to ensure that transactions are consistent across both systems
* Address cash reconciliation inquiries from various internal and external parties
* Analyze differences and breaks on positions, accrued income and cash with fund administrators on Monthly and Weekly NAV analyses.
* Serve as liaison between administrative agent banks and custodians
* Review and maintain contract level information and make sure that data is consistent with our third-party vendors
* Provides external/internal parties with notices and other loan-related documentation
* Review, request approval and process borrowing requests that come from various administrative agents
* Review of unscheduled commitment reductions processed by third-party vendors and administrative agents
* Review Amort schedules between our WSO and Markit daily reports and address any exceptions
* Address any ad hoc requests related to cash and positions data for Bank Loans#
** Qualifications
* * Basic Qualifications
* Undergraduate degree with 5+ years of relevant work experience in investment management or financial services environment
* Proficient in the use of Microsoft Office Suite, specifically Excel
* Must be able to multi-task in a fast paced and challenging environment

Preferred Qualifications
* Bachelor’s degree with 5+ years of relevant work experience
* 5+ years of bank loan related experience is preferred
* Knowledge of Wall Street Office and/or Aladdin strongly preferred
* Organized, detail oriented and extremely thorough with strong problem-solving skills and demonstrated ability to take initiative
* Must be able to successfully engage in multiple initiatives simultaneously
* Team oriented individual with ability to work well with diverse groups
* Able to translate between technical and business leaders at the highest levels
* Excellent written and verbal communication skills with an ability to collaborate with internal teams and external parties and service providers

We are not seeking agency assistance with this role.#
** Salary Range
** Annual base salary between$-$The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.### About Guggenheim Investments We focus relentlessly on delivering results through innovative solutions.

We relish opportunities to solve complex problems through exhaustive approaches. As we conduct our business every day, every member of Guggenheim is expected to uphold our uncompromising standards for integrity and excellence and to be personally accountable for their actions and business results.

Our principles entail engaging highly talented people, challenging them to think creatively, and encouraging them to achieve extraordinarily high standards in their fields of expertise. To succeed at Guggenheim, candidates should be a strong fit with our business principles, culture, and value system. We encourage you to review Our Firm page to learn more about how we seek to create value through our diversified businesses.

Visit the link below to review our current openings and job descriptions and to apply today.

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