• Senior Investment Data and Reconciliation Specialist

    Job Locations US-NC-Raleigh
    Job ID
    # of Openings
  • Overview

    The Company

    Arch Capital Group Ltd. (NASDAQ: ACGL)) is a Bermuda public limited liability company with approximately $11.3 billion in capital at December 30, 2017, and, through operations in Bermuda, the United States, Europe and Canada, writes specialty lines of property and casualty insurance and reinsurance, as well as mortgage insurance and reinsurance, on a worldwide basis. Our unique underwriting platform, successful management team and strong capital base has enabled us to establish a prominent presence in the global insurance and reinsurance markets. Arch Capital Services Inc. ("ACSI") provides services to the Arch entities within ACGL. 



    The Position

    This position will be responsible for Data and Reconciliations processes for Arch Investment Management (AIM), reporting to the VP, Investment Operations Manager. The Senior Investment Data and Reconciliation Specialist will be part of the operations team responsible for ensuring the optimal delivery of operations services across all the products that AIM invests in and will partner with legal/compliance and performance teams as well as portfolio managers and service providers to deliver efficient and effective operational support to our firm.

    Candidates must have recent, prior experience working in reconciliation and data management for an asset manager, broker dealer or hedge fund and have knowledge of both traditional and alternative investments, including understanding of processing requirements for complex asset types including futures, swaps, credit derivatives, private equity, and bank loans. Relocation assistance provided. 


    Job Responsibilities

    • Perform data administration and normalization - ensure data is in the proper format for upload and secondary use
    • Enforce and support data policies for data warehouse and file storage systems to ensure properly normalized data and golden copy of data while ensuring proper security and compliance is in place

    • Monitor data file storage hierarchy and remedy when necessary
    • Maintain data in the data warehouse while demonstrating the highest level of data integrity
    • Perform reconciliation functions daily, weekly, and monthly as needed for Security Master File, Pricing, and other data sources
    • Ensure cash and positions for respective Funds/Portfolios are reconciled accurately, efficiently, and on a timely basis with custodians and other external parties, as well as across multiple internal systems
    • Oversee the data quality produced by the RPA tool – converting External Manger statements to structured data – and remedy as necessary. Prior knowledge of the RPA is not required
    • Work on ad-hoc projects and contribute ideas and recommendations to improve process efficiencies and increase risk mitigation





    Desired Skills

    • Knowledge of traditional and alternative investments, including understanding of processing requirements for complex asset types including futures, swaps, credit derivatives, private equity, and bank loans
    • Knowledge of data warehousing, file storage systems, and data models
    • Structured, disciplined approach to work with attention to detail
    • Good interpersonal skills combined with willingness to listen and ability to manage conflict well
    • Ability to multi-task and work on multiple initiatives
    • Flexible and able to meet changing requirements and priorities
    • Ability to react positively under pressure to meet tight deadlines
    • Demonstrates initiative with regard to increasing own knowledge and assuming additional responsibility
    • Knowledge of Aladdin, BNY Workbench necessary; Prefer experience with Clearwater and Burgiss
    • Highly proficient in Microsoft Excel 
    • Knowledge of external reference data providers - Bloomberg, Reuters

    Required Education/Experience

    • Bachelor's Degree in Finance or Accounting
    • 3+ years' experience in investment operations for a large financial institution


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