About the job
Conversions Operations Specialist
WHO ARE WE SEEKING?
We are on the lookout for a passionate and detail-oriented Conversions Operations Specialist! This pivotal role is essential in supporting a variety of processes that facilitate the conversion plans onboarding to our client’s platform. You will work closely with cross-functional teams and internal stakeholders to improve the onboarding experience while delivering exceptional service to plan sponsors.
WHAT WILL YOUR ROLE ENTAIL?
- Review and document cash and in-kind asset transfers within the trust accounting system.
- Collaborate with sub-custodians to manage trade settlements from booking through to settlement for mutual funds, stable value funds, and ETFs.
- Conduct reconciliations of invested assets and cash activities between the trust accounting system and sub-custodian by specified deadlines.
- Partner with Implementation Managers and Investment teams to effectively transition new and conversion-qualified plans onto the client’s platform.
- Coordinate with receiving record keepers to liquidate and transfer plan assets from the client’s platform.
- Update, maintain, and review client data within CRM systems.
- Ensure collaboration with all internal teams to meet project timelines and expectations.
- Assist in creating and maintaining written operating procedures related to assigned functions.
REQUIREMENTS
The Essentials
- You are optimistic, flexible, creative, team-oriented, and results-driven, with the ability to collaborate effectively with both internal and external stakeholders.
- Strong understanding of how mutual funds, stable value funds, and ETFs trade and settle.
- Exhibit a strong aptitude for numbers and a solid understanding of cash and traditional securities reconciliations.
- Show a keen interest in learning, creating, and rapidly iterating processes.
- Be proactive and analytical, capable of problem-solving and proposing effective solutions.
- Demonstrate a high level of organization and reliability.
- Ability to prioritize tasks and manage client expectations effectively.
The Bonuses
- Experience with...
