Daily Fund Reconciliation Associate

Company: Point72 Asset Management, L.P
Location: Stamford
Posted on: November 13, 2024

Job Description:

A Career with Point72's Operations Department
Point72's Operations team supports all operational aspects of trade processing, reconciliation, financing, and reporting firmwide for all products, including equities, derivatives, bonds, foreign exchange and futures, and digital assets across global markets.The Daily Fund Reconciliation group is responsible for the daily reconciliation of all cash balances in Point72's accounting system, Geneva, as well as ensuring that all bookings, trade, and non-trade related activities are recorded accurately and appropriately.What you'll do

• Supervise reconciliations and help troubleshoot issues
• Support the daily reconciliation of accounts across all product areas including equities, futures, equity swaps, FX, OTC derivatives, and collateral
• Support Point72's Fund Administrator relationship and assist in resolving breaks, troubleshooting issues, and identifying areas to improve processes
• Create efficiencies and drive process improvements in all aspects of DFA
• Investigate differences between Geneva and Point72 Prime Brokers/clearing counterparties and work with the reconciliation team and fund administrator to resolve accordingly
• Ensure timely and accurate recording of non-trade related income and expenses in Geneva
• Partner with internal teams to investigate and resolve trade and P&L discrepancies
• Help drive the month end close process by ensuring that Geneva is accurate for month end reporting
• Perform ad hoc project work as neededWhat's required
  
  • Superior problem solving and analytical skills with an assertive approach to resolving problems
  • A thorough and organized self-starter with strong attention to detail
  • Strong time management and prioritization skills
  • Ability to work independently as well as part of a team
  • Excellent communication skills, both written and verbal
  • The ability to excel in a fast-paced environment
  • Sound professional judgment and discretion with sensitive information
  • Some knowledge of U.S. markets, Bloomberg, and financial products
  • Some knowledge of corporate actions
  • Understanding of general accounting principals
  • Proficiency in Excel and MS Office Suite
  • Commitment to the highest ethical standardsWe take care of our people
    We invest in our people, their careers, their health, and their well-being. When you work here, we provide:
    • Fully-paid health care benefits
    • Generous parental and family leave policies
    • Mental and physical wellness programs
    • Volunteer opportunities
    • Non-profit matching gift program
    • Support for employee-led affinity groups representing women, minorities and the LGBTQ+ community
    • Tuition assistance
    • A 401(k) savings program with an employer match and moreAbout Point72
      Point72 Asset Management is a global firm led by Steven Cohen that invests in multiple asset classes and strategies worldwide. Resting on more than a quarter-century of investing experience, we seek to be the industry's premier asset manager through delivering superior risk-adjusted returns, adhering to the highest ethical standards, and offering the greatest opportunities to the industry's brightest talent. We're inventing the future of finance by revolutionizing how we develop our people and how we use data to shape our thinking. For more information, visit
      
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Keywords: Point72 Asset Management, L.P, Pittsfield , Daily Fund Reconciliation Associate, Other , Stamford, Massachusetts