Investment Operations Analyst/Associate, Ethic
$95-120k
+ Equity (stock options)
3+ days a week in office
Sustainable asset manager
Open for applications
Sustainable asset manager
101-200 employees
Open for applications
$95-120k
+ Equity (stock options)
3+ days a week in office
101-200 employees
Company mission
To create personalized sustainability solutions to help investors transition money toward companies that treat people and the planet with respect.
Role
Who you are
- You prioritize building strong relationships, and enjoying the journey
- You’re kind, curious, and interested in other people’s perspectives
- You enjoy solving hard problems and learning from others along the way
- You’re inventive and excited about building something new
- You’re passionate about positively impacting the future of our planet and humanity
- You have 2+ years of relevant experience in investment operations with risk and control experience at a registered broker dealer or asset manager
- You have a solid understanding of how reconciliations work, and have the ability to create a manual reconciliation as needed in Excel
- Experience using SS&C Advent’s APX software is a plus
- You’re an analytical and detail oriented problem solver, constantly learning and applying your knowledge to optimize processes, systems, controls and improve client experience
- You thrive under pressure, are comfortable managing competing priorities and adopt a risk and control mindset in your approach
- You are comfortable escalating critical issues as they arise and ensuring the appropriate parties are involved and are aware of the potential risks
- You’re a great communicator, able to explain operational details to a variety of stakeholders from business development, to engineers, to advisor clients
What the job involves
- We are looking for an Investment Operations professional to contribute to the day-to-day portfolio accounting, trade management and project work of our Investment Operations team
- Maintain accurate portfolio accounting data through daily position, transaction and cost basis reconciliations in coordination with our third party vendor tools and services
- Execute on daily middle office functions including trading execution controls and reconciliations in partnership with current team members
- Act as a key point of contact for custodial statements and performance reporting inquiries in partnership with investments, product, engineering and investment strategy
- Support relationships with custodians, brokers, portfolio accounting and other service providers
- Ensure new clients and accounts are accurately onboarded and configured in our systems for trading, proxy voting, billing, and platform reporting
- Manage corporate action and electronic proxy voting on behalf of our clients
- Manage client billing process, in coordination with accounting team, including generation, processing, and reconciliation
- Partner with Portfolio Managers to analyze trading and workflow; suggest improvements to internal processes and services provided to clients
- Partner with Product and Engineering Teams to define areas of development for operational processes and controls, including defining requirements and testing
- Partner with our Client Team to understand Ethic client experience and how we can more effectively serve our Advisor clients
Application process
- If you are interested in applying for this role, please submit both a resume and a cover letter
Our take
Ethic is capitalising on two major trends: the democratisation of the financial system through FinTechs, and the growing awareness among investors about the social impact and costs of where they are putting their money.
Ethic help investors to understand and define their values, gain transparency into their current portfolio, and engage with the real-world impact their investments are having. This makes it easier to ensure their investments match with their personal ethics while still yielding solid returns.
Although the company faces competition in the ethical investing space from the likes of Algbra, Ethic's product stands out with its user-friendly design. The company has attracted significant investment and is smartly poised to weather any changes in investor appetite in the years to come.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
14% employee growth in 12 months
Company
Company benefits
- Medical, dental & vision insurance – premiums 100% covered by Ethic
- Unlimited paid time off
- 16-weeks of paid parental leave
- An annual wellness & education stipend
- Sponsored employee resource groups
- Regular lunch & learns and volunteering opportunities
- A fully-stocked office in lower Manhattan + the flexibility to regularly work remotely
Company values
- We believe that capital markets can be a powerful force for good, helping us address the defining issues of our time
- We believe that showing what matters with our dollars is one of the most powerful ways to address the defining issues of our time
- We create personalized sustainability solutions to help investors transition money toward companies that treat people and the planet with respect
- We are a diverse team that combines extensive institutional investing, technology, data, and design expertise
Company HQ
Tribeca, New York, NY
Articles
Leadership
Jay Lipman
(Co-Founder)Graduated in Economics and Politics from Edinburgh and UCLA.
Johnny Mair
(Co-Founder)Previously held Product Manager positions at Imagebrief and Sapient. Also co-founded Collector's Edition. Further, previously worked at J.P Morgan and Deutsche Bank.
Doug Scott
(Co-Founder & CEO)Worked in M&A Investment Banking at Deutsche Bank from 2010 to 2014 before founding Ethic.
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