Mutual Fund Reconciliation Support Associate | St. Petersburg, FL or Southfield, MI

Mutual Fund Reconciliation Support Associate | St. Petersburg, FL or Southfield, MI

Join to apply for the Mutual Fund Reconciliation Support Associate | St. Petersburg, FL or Southfield, MI role at Raymond James

Job Description Summary

Hybrid Work Environment:
This position follows our hybrid‑friendly schedule, so you get the best of both worlds – flexibility and collaboration. In‑office days will be 3 per week, averaging 12 days per month in either our St. Petersburg, FL, or Southfield, MI Corporate Offices.

Mutual Funds is looking for a Reconciliation Support Associate. In this role, you will execute standard banking transactions for specific units or operating/processing departments in accordance with administrative and operational processes. You will process a range of specialized and non‑standard transactions that usually require some research or investigation, as well as balance/reconcile ledgers, enter trade corrections, and more.

• Follow a range of mandatory procedures to ensure that work is carried out to the required quality standards and/or to ensure adherence to external regulatory codes and internal codes of conduct.
• Carry out operational tasks by following established processes. May involve adjusting basic settings or parameters in order to meet performance standards.
• Use standard office software to carry out basic formatting of letters, memoranda, and routine reports.
• Conduct data entry into company systems, and review and verify the information to ensure accuracy and accessibility.
• Use position management reconciliation system to accurately identify and resolve position breaks.
• Identify transactions between omnibus vendor and/or fund companies and the firm’s books and records resulting in position breaks and facilitate proper and timely resolution as needed.
• Review basic cash reconciliation issues; analyze and interpret data and determine appropriate corrective action.

• Basic investment concepts, practices, procedures and industry regulations related to Mutual Fund Reconciliation activities.
• Basic mathematical skills including addition, subtraction, multiplication, division, percentages, fractions, averages and balancing sufficient to complete settlement.
• Accounting principles.
• Principles and practices of customer relations and communications.
• Excel, Word, Outlook and other applications as needed.

• Monitor, interpret and understand policies and procedures and ensure their alignment with organizational strategies and work objectives.
• Plan, organize, prioritize and oversee activities to efficiently meet objectives.
• Organization and time management sufficient to prioritize workload, handle multiple tasks, and meet critical deadlines.
• Review and evaluate recommendations and requirements and develop appropriate plans or deliver actions required.
• Identify financial events that affect balancing and reconciliation.
• Reconciling and correcting share discrepancies.

High School (HS) (Required)

General Experience - 4 to 6 months

–

Less than 25%

Hybrid

• Entry level

• Full‑time

• Other

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people‑first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.