The Reconciliations Analyst plays a critical role in enhancing the investment management process by ensuring the integrity and accuracy of portfolio data for the front office and clients. This is achieved through a globally consistent, client-focused reconciliation service that leverages data-driven insights and optimises processes and technology to drive operational health and risk mitigation.
Core Responsibilities
- Perform daily, weekly, and monthly reconciliations of cash and stock positions between internal Investment Book of Records (IBOR) and external sources (custodians, fund administrators, brokers).
- Investigate and resolve reconciliation breaks, collaborating with internal teams (e.g., Custody, Asset Services, Counterparty Operations) and external partners to identify root causes and implement corrective actions.
- Provide timely and accurate data and insights to Portfolio Managers, supporting informed investment decisions within a controlled framework.
- Utilise reconciliation data to perform trend analysis, identify systemic issues, and drive continuous improvement across operational workflows.
- Maintain comprehensive documentation and audit trails for all reconciliation activities, ensuring compliance with internal controls and regulatory requirements.
- Support the “Region Ahead” operating model by ensuring seamless handovers and timely snapshots for global investment teams.
- Participate in process improvement initiatives, technology upgrades, and special projects as required.
- Contribute to a culture of collaboration, knowledge sharing, and operational excellence within the team.
Skills and Qualifications
- Bachelor's degree in finance, Accounting, Economics, or a related field (or equivalent experience).
- 1–2 years’ experience in reconciliation, fund operations, or accounting roles preferred.
- Proficiency in MS Excel (pivot tables, VLOOKUP), reconciliation platforms, and analytics tools (e.g., Tableau, PowerBI) is advantageous.
- Strong analytical and problem-solving skills, with keen attention to detail.
- Excellent verbal and written communication skills.
- Ability to manage multiple tasks, prioritise under time-sensitive deadlines, and maintain accurate records.
- Professional certifications (e.g., CPA, ACCA) are a plus.
- Demonstrated ability to work both independently and as part of a collaborative, cross-functional team.
Special Factors
- Work from the office applies with some level of flexibility to work from home when required
- Visa sponsorship is not offered for this position.
- Opportunities for career progression and involvement in process improvement projects.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.