Description:
Thornburg is a global investment firm delivering on strategy for institutions, financial professionals and investors worldwide. The privately held firm, founded in 1982, is an active, high-conviction manager of fixed income, equities, and multi-asset solutions.
As an independent firm, Thornburg can take on a wide range of opportunities, explore ideas thoroughly and work across strategies to deliver consistent risk-adjusted out performance over the long term. The firm attracts free-thinking professionals who are eager to pursue investment outcomes beyond the confines of popular wisdom. From nimble operational capabilities to principles and actions fitting of a global citizen, Thornburg’s world-class investment platform and team are aligned on strategy to serve investors.

JOB SUMMARY

The Operations Associate will manage cash and asset reconciliation, including daily and monthly reconciliations, research, and issue resolution for institutional and mutual fund accounts. They will respond to vendor and client custodian inquiries, address discrepancies, prepare regular reports, provide account coverage, and support special projects as needed.

Requirements:

• College degree in business administration or related field (accounting or finance) - preferred.
• 1-3 years of related work experience, or a combination of education and experience equivalent to meet the requirements of the role.
• Proficiency using Microsoft software such as Excel, Word, Access, Outlook, etc.
• Strong attention to detail.
• Strong organizational skills including time management & establishing priorities

• Reviews and oversees vendor reconciliation and accounting system issue resolution for assigned institutional and mutual fund accounts on a daily basis.
• Responds to accounting vendor and client custodian questions or issue inquiries for assigned institutional and mutual fund accounts.
• Independently and proactively reaches out to internal and/or external parties with accounting or order management discrepancies, including validation of client-directed flows in separately managed accounts if not identified by vendor(s).
• Reconciliation and correction of any issues identified in the order management system.
• Prepares various daily and monthly reporting.
• Completes monthly reconciliations.
• Provides account coverage as necessary.

Requirements:

• College degree in business administration or related field (accounting or finance) - preferred.
• 1-3 years of related work experience, or a combination of education and experience equivalent to meet the requirements of the role.
• Proficiency using Microsoft software such as Excel, Word, Access, Outlook, etc.
• Strong attention to detail.
• Strong organizational skills including time management & establishing priorities.