Investment Operations Associate – Reporting recruitment

Dimensional is an independently-owned company whose primary business is investment management. This gives the firm flexibility to address clients’ investment needs in creative and powerful ways. Dimensional was founded in 1981 on a set of ideas that revolutionised financial economics: it is possible to add value without trying to pick stocks or bonds or outguess the market. In markets where securities are freely traded, their prices are almost always fairly valued which provides an opportunity for investors to benefit from the natural relationship that exists between risk and return. By systematically focusing on the dimensions of risk that are worth taking—and avoiding those that are not—Dimensional’s strategies are designed to deliver higher expected returns. Implementation is critical. Keeping costs low will increase net returns. Value can be added through the use of cutting-edge portfolio management and trading techniques.

Position:

The role will contribute to the Operations Group’s objective of delivering high levels of service to clients and internal departments. This mainly consists of the maintenance of internal databases and oversight of the completeness, accuracy and timeliness of reports produced by the outsourced back-and middle office vendors.

The ideal candidate will have knowledge of finance and accounting with working experience of internal sales reporting and external investor reporting for mutual and separately managed investment portfolios. The ability to understand complex reporting models and excellent communication skills is an absolute.

Responsibilities:

• Upload of daily mutual fund price, tax transaction activity into internal databases and reconciliation to outsourced back office vendors

• Oversight of daily publication of mutual fund price tax data on Dimensional and external data vendor websites

• Oversight of accuracy timeliness of standard outsourced middle office investor reports

• Customization standard outsourced middle office investor reports as required by clients

• Review middle office periodic portfolio valuation reconciliations to custodians and 3rd party administrators

• Compile ad hoc investor reports on request

• Complete ad hoc internal data requests from internal and vendor systems

• Monitor periodic KIID update requirements with external vendors

• Contribute to ad hoc projects to identify procedure and oversight enhancements

Qualifications:

• Bachelor’s degree in Business, Finance, Economics or related subject

• Three to five years’ experience in financial services industry, specifically client investment reporting or fund accounting

• Basic knowledge of industry middle and back office processes

• Extensive analytical and problem solving skills with attention to detail

• Able to work well in a team environment