Company Description
Coremont provides market-leading portfolio management technology and outsourced services across all investment management and trading functions, including risk and quantitative analysis, operations, treasury, accounting and regulatory reporting.
Clients include hedge fund managers and institutional asset managers, spanning 4 continents.
The cornerstone of Coremont’s offering is Clarion, cloud-based portfolio management technology, which is powered by Coremont’s proprietary pricing models and analytics. Clarion helps clients navigate the daily demands of trading and risk management, with advanced capabilities in derivatives.
Coremont LLP is an FCA-regulated financial services firm which was spun out from Brevan Howard in early 2018. With offices in London, New York and Hong Kong, Coremont employs over 300 people.
For more information, visit Coremont’s website at www.coremont.com.
Job Description
This job opening represents an exciting opportunity to join a rapidly growing business with institutional backing and a proven track record in delivering a suite of financial services to a market-leading standard. The successful individual will be able to combine their industry experience with a vision for further development in a dynamic and supportive environment.
Ad hoc projects are ongoing both within the operations team and firm-wide. The successful candidate will have opportunities to participate in projects as well as gain exposure to different aspects of the Coremont business, from operations to sales and relationship management.
MAIN DUTIES/RESPONSIBILITIES OF THE ROLE:
- Review daily reconciliation output from fund administrators
- Run daily reconciliation using IREC and other reconciliation systems
- Build out reconciliations in IREC and other reconciliation systems
- Co-ordinate with Administrators, PB’s and technology teams for delivery of appropriate formats of cash ledgers
- Work with technology partners to improve reporting for better reconciliation
- Detailed testing of reporting changes
- Co-ordination of appropriate cash transfer booking with treasury
- Co-ordination of appropriate expense, commission bookings with Client Service team
- Resolving breaks
- Assist in multi department projects, including client on-boarding
Qualifications
WORK EXPERIENCE/BACKGROUND:
- University Degree and accounting qualification (or working towards one)
- Experience in Product Control, Fund accounting and/or Operations at bank, hedge fund or administrator
TECHNICAL SKILLS/ KNOWLEDGE/PROFESSIONAL QUALIFICATIONS:
- Understanding of Cash control environment and Cash reconciliation issues
- Strong working knowledge of Excel
- Experience of reconciliation systems
- Strong product knowledge across a variety of financial instruments
Additional Information
Standard hours will be 8am to 6pm with other such hours as are necessary to fulfil the role, some flexibility required.