Acadian Asset Management LLC is a Boston-headquartered investment management firm with wholly owned affiliates located in Singapore, London, and Sydney. As of September 30, 2024, the firm managed approximately US$120 billion on behalf of major pension funds, endowments, foundations, governments and other investors based in the U.S. and abroad.
Position Overview:
The Operations Specialist will work within the Corporate Actions & Pricing team and assume a lead role in the pricing and valuation functions. This includes the coordination and presentation of fair value recommendations for month-end valuation. The Operations Specialist will be responsible for managing the monthly fair value process from beginning to end as well as maintaining the daily price requests while overseeing the preparation of monthly pricing packets for presentation to Fair Value committee. The Operations Specialist will be responsible for corporate action research and processing as well as account maintenance.
Acadian supports a hybrid work environment; employees are on-site in the Boston office 3 days a week.
What You’ll Do:
- Fair Valuation: Research and respond on daily fair value requests. Serve as a lead in the coordination and presentation of fair value recommendations for our monthly fair valuation process. Coordinate and review the preparation of monthly pricing packets by team members. Serve as a resource to various groups within Acadian as well as external parties for pricing and fair valuation related inquiries and requests.
- Project Management: Responsible for participating in various initiatives and projects within Corporate Action & Pricing group. Take a lead role in enhancing the current Fair value processes and reporting to increase efficiency and minimize risk.
- Assist with creating/maintaining the outsource operating model for the daily and monthly pricing process.
- Assist with creating/maintaining the outsource operating model for voluntary/mandatory corporate actions.
- Assist in development of requirements of daily pricing oversight of BNY outsource process.
- Establish /maintain BNY outsource pricing guidelines for standing instructions. Work with fair value committee review policy periodically.
- Corporate Action Research, Processing, Support and Communications: Involvement in the entire corporate action (CA) life cycle for both voluntary and mandatory corporate actions. Serve as a resource to various groups within Acadian as well as external parties for corporate action related inquiries and requests.
- Assist with creating/maintaining the outsource operating model for voluntary/mandatory corporate actions.
- Cross train team members to provide additional coverage of the fair value pricing process. Maintain oversight of the fair value pricing recommendation process and individual valuation support creation by Ops Specialist.
- Oversight/support of data team to ensure all securities priced in CRD for trading purposes.
- Reconciliation of Account Holdings/Activity: Maintain account responsibilities of an Operations Specialist.
- Facilitate Monthly/Quarterly/Annual Reporting: Ensure accounting data is correct by performing account reviews at month end.
- Oversee and Maintain Inter-Departmental Relationships: Respond to special requests made by the clients, internal groups and/or consultants. Maintain collaborative relationships with the various teams within Acadian.
We’re Looking for Teammates With:
- Bachelor’s degree in Finance, Mathematics or Economics preferred
- 2-4 years of relevant experience within the investment industry
- Strong analytical background and knowledge of financial accounting principles
- Strong organizational skills, interpersonal skills and leadership skills
- Excellent business judgment, professionalism and integrity
- Detail oriented, flexible, and able to multitask
- Ability to work within a team environment as well as independently
- Demonstrated ability to maintain cross-departmental relationships
Why Work Here:
Acadian is a quantitative investment firm where ideas are empowered by technology. Our team is made up of a diverse mix of professionals who thrive in a culture that fosters ingenuity through collaboration and transparency. We offer a casual office environment, top-notch benefits, and excellent professional and personal development opportunities.
To apply for this position or view Acadian’s open roles, please visit the Careers section of our website at: http://www.acadian-asset.com/careers/Job-opportunities. We will contact only selected candidates. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at [email protected].
Acadian Asset Management LLC is committed to providing equal employment opportunity to all employees and applicants. No employee or applicant shall be discriminated against on the basis of gender, race, creed, color, sex, age, national origin, marital status, pregnancy or parenthood, veteran status, citizenship status, disability, gender identity, or sexual orientation.
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What We Do
Acadian Asset Management is a global, systematic investment manager. Founded in 1986, Acadian is head-quartered in Boston, with affiliates in London, Singapore, and Sydney. We find our edge in the convergence of talented people, rich data, and powerful tools – all underpinned by a collegial culture with an ardent appetite for continuous research and healthy debate. Building on the idea that markets are inefficient, we were among the first firms in the world to apply data and technology to the systematic evaluation of global investments. With over 35 years of data-driven insights, we manage equity and credit strategies intended to deliver active returns and alternative strategies designed to deliver absolute, uncorrelated results. Our sustainable investing capabilities provide a platform for both client-specific solutions and a cutting-edge approach to engagement. DISCLOSURE: Acadian Asset Management is not responsible for the content provided on any linked external site and makes no warranties, express or implied, for the accuracy of any content or use of a third-party website and assumes no liability for any errors, inaccuracies, or omissions for third-party website content. While Acadian is providing a link to a third-party website, Acadian does not control, approve, or endorse the website or any of its contents, its sponsor, or any of the policies, activities, products, or services offered on the site or by any advertiser on the site.
