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Associate, Investment Operations Jobs

Company

Dimensional Fund Advisors

Address , Santa Monica, 90401, Ca
Employment type FULL_TIME
Salary $70,000 - $90,000 a year
Expires 2023-07-26
Posted at 11 months ago
Job Description
For this position, which is subject to credentials, industry experience, education, training/certifications, [and/or geographic differentials], Dimensional reasonably expects to pay a salary range of:
$70,000 - $90,000
Notes to applicants:
  • Most roles at Dimensional will be part of our best-of-both hybrid working model. This includes working together in the office on Tuesdays, Wednesdays and Thursdays, and choosing to work where one works best on Mondays and Fridays. This maximizes in person collaboration and interaction while simultaneously providing flexibility. This broad universal approach applies to most roles globally with a few exceptions that require more or less time in the office. Please discuss with your Recruiter to confirm the details for this specific role.
  • Resumes and portfolios (when applicable) are required as part of your application. When applying from a mobile device or tablet, you may not be able to attach a resume. If you cannot include an attachment at the time of your application, you will receive a follow up email asking you to attach your resume from a computer.
  • Here at Dimensional, we strive to be an inclusive workplace for all. Even if you do not match every qualification listed, if you are interested in who we are, what we do, and why we do it, we suggest and encourage you to apply.

:
Dimensional’s Investment Operations team coordinates and provides oversight of Dimensional’s service provider relationships, including global transfer agents, accounting and administrative agents, custodians, and a complex network of service groups that provide middle office services to the firm’s primary and regional offices. The Associate will assist in the daily oversight of outsourced fund operations functions with these external vendors.
Primary Responsibilities:
  • Develop an in-depth understanding of the service provider’s processes and platforms of back or middle office
  • Assist with preparation of audit requests received from Dimensional client and external auditors
  • Monitor adherence to contractual policies, procedures & controls through review of Service Level Agreements
  • Qualify new business and document compliance
  • Support special projects and initiatives for Investment Operations and other groups on an ad hoc basis
  • Escalate issues from internal & external stakeholders to assist in resolution with the service provider
  • Support new fund products and trading instruments including Mutual Funds, ETFs and SMAs
  • Participate in the oversight of daily operations among service providers, transfer agents, custodians, fund accountants and internal departments
  • Oversee cash reporting and projections to portfolio managers
  • Process daily transaction files from service provider and track new product activity
  • Assist in developing business requirements and data gathering as necessary for any change service requests
  • Review daily back or mid office deliverables
  • Process data from in-house client databases; analyze and assist in the resolution of operational issues
  • Evaluate trade exceptions and complex shareholder issues and track reoccurring trends for management review
  • Assist with the Net Asset Value review process
  • Service client calls and provide quality service and an excellent customer experience to clients, banks, trusts, broker/dealers and other service providers; coordinate associated internal and external information flow
Qualifications:
  • Eager to learn and responsive to constructive feedback and guidance
  • Seeks opportunities for continuous improvement and mentors others by sharing expertise and experiences
  • Motivated to self-teach skills and apply learned knowledge to applicable tasks
  • Bachelor’s degree: Finance, Business or Economics preferred
  • Develops unique business insights, generates forward- looking opportunities, and effectively problem solves
  • Working knowledge of Power BI and Power Automate a plus
  • Strong analytical mindset with an ability to synthesize data
  • Ability to work well in a team environment, both locally and across international offices
  • Detail-oriented and capable of multi-tasking and prioritizing in a fast-paced environment to meet deadlines
  • Excellent verbal and written communication skills
  • Proficient in the Microsoft Office suite with Advanced Excel knowledge required
  • Past experience working in Financial Services, preferably in fund operations with exposure to ETGS preferred
  • Works effectively with others to create partnerships and implement solutions that benefit our business
  • Ability to work independently to meet project requirements with minimal supervision
  • Focuses on results and works diligently to accomplish them through evolving circumstances
#LI-Hybrid

Dimensional offers a variety of programs to help take care of you, your family, and your career, including comprehensive benefits, educational initiatives, and special celebrations of our history, culture, and growth.
It is the policy of the Company to provide equal employment opportunity for all applicants and employees. The Company does not unlawfully discriminate on the basis of race, color, religion, creed, sex, gender, gender identity, gender expression, national origin, age, disability, genetic information, ancestry, medical condition, marital status, covered veteran status, citizenship status, sexual orientation, or any other protected status. This policy applies to all areas of employment including recruitment, hiring, training, job assignment, promotion, compensation, benefits, transfer, discipline, termination, and social and recreational programs.