Senior Analyst, Reconciliation

Job Description

The Reconciliation Team is a critical part of Antares by ensuring the accuracy of investment data internally across the firm as well as externally with counterparties, fund administrators and investor reporting.

Reporting to the Assistant Vice President, the Senior Analyst’s primary role is to perform daily, monthly, quarterly and periodic reconciliations across multiple accounts, portfolios and internal systems and identify root causes. This role is situated in a fast-paced, high-volume environment where you will be expected to apply your analytical skills and financial expertise to ensure accuracy, efficiency, and compliance in all operations.

Responsibilities

• Perform daily, weekly, monthly, and quarterly reconciliations of cash, positions, and accrued income values across multiple portfolios, custodians and fund administrators

• Communicate effectively with internal and external parties to ensure discrepancies are identified correctly, assigned appropriately and resolved in a timely manner

• Provide Standard Operating Procedures training and best practices guidance to team members

• Produce complete, accurate and on time monthly tie-out and sign-off deliverables for assigned reconciliations

• Analyze data on assigned reconciliations for escalation issues, recurring break themes and root cause considerations

• Collaborate with IT and Operations teams to enhance reconciliation tools and automate processes where possible

• Identify areas for process improvements and efficiencies within transaction processing and reconciliation

• Implement best practices to enhance operational workflows and accuracy

Qualifications

• Bachelor’s degree, with a preferred concentration in finance, accounting, business, or economics

• 3-5 years of experience with a financial institution and data reconciliation processes

• Strong understanding of Loan Operations with some exposure to Structured Products

• Motivated self-starter with a responsive, collaborative, and professional demeanor and strong written and verbal communication skills

• Demonstrated ability to be decisive, highly organized and prioritize tasks including the ability to adapt to changing circumstances and adjust priorities as needed in a deadline-driven environment while maintaining attention to detail and accuracy

• Ability to work productively in a cross-functional team environment with both internal and external stakeholders while taking individual responsibility for quality and accuracy

• Proven record of reliability and dedication to high-quality work product

• Proficiency with Microsoft Office 365 with emphasis on Outlook, Word and Excel or comparable software application

• Knowledge of LoanIQ or WSO a plus

Competencies

Strategic thinking and decision making: 

• Applies a developing understanding of Antares' business, major market drivers and general stakeholder needs to make day-to-day decisions within scope and in support of team goals 

• Uses an understanding of team and functional goals to formulate insights and monitor outputs while working towards key milestones and contributing ideas or updating team plans with support 

• Uses a structured and logical approach to break down moderately complex problems into key drivers, gathers input and relevant data and recommends 1-2 practical options within scope or seeks guidance when situations are not straightforward 

Drives execution and results:  

• Takes timely, prioritized action to deliver on goals, follows established procedures and KPIs, and supports team execution by ensuring clarity of roles and effective handoffs. 

Cultivates strategic relationships and influence:  

• Engages in productive working relationships and demonstrates awareness of stakeholder needs and perspectives when developing recommendations and tailors their approach to deliver work aligned to expectations based on feedback and constraints 

• Explains complex, domain-specific information to immediate audiences in straightforward situations and is able to adapt messaging to audience through questioning and checking for understanding 

• Engages in difficult conversations with professionalism to strengthen understanding 

Fosters an inclusive culture and leads teams to achieve excellence:  

• Demonstrates inclusive behavior, engages respectfully with others and contributes to positive team culture 

• Works openly, respectfully and constructively with colleagues, shares information and contributes positively to problem-solving efforts 

• Sets clear goals within their scope and provides informal guidance and help to support individual and team outcomes 

Masters oneself and demonstrates a growth mindset:  

• Actively seeks feedback and learning opportunities and acts on new learnings or feedback to strengthen personal effectiveness 

• Builds credibility through reliable delivery, acting with integrity, professionalism and ethical behavior to take ownership within their scope and develops a perspective before escalating to peers or leaders 

• Raises concerns respectfully and asks constructive questions to address issues and strengthen working relationships in support of organizational values 

• Complies with all regulatory requirements across the organization and proactively identifies and mitigates risk within their identified scope 

• Responds effectively to change by adapting habits, maintaining focus under pressure and continuing to deliver within their scope 

Drives innovation:  

• Identifies ways to improve day-to-day processes and suggests practical enhancements or new ways of working to improve the quality and efficiency of their work 

• Uses available data and tools to inform decisions, track progress and enhance insights on assigned work according to established operating procedures 

THE FINE PRINT

• Must have unrestricted authorization to work in the United States.

• Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.

• Must be willing to work from Chicago and travel as necessary.

Antares is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

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A reasonable estimate of the current base salary range at the time of posting is below. Base salary does not include other forms of compensation or benefits. Actual base salary within the specified range is comprised of several components, including but not limited to applicant's skill, prior relevant experience, specific degrees and certifications, job responsibilities, market considerations and the location of the position.

This role is eligible for a discretionary annual bonus (based on company, business unit and individual performance).

Our benefit offerings include medical, dental and vision coverage, employer paid short & long-term disability and life insurance, 401(k), profit sharing, paid time off, Maven family & fertility benefit, parental leave (including adoption, surrogacy, and foster placement), as well as other voluntary benefits.

Base Salary Range

$90,000 - $105,000

To learn more, visit www.antares.com. Antares is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.