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Reconciliation Lead

InvestM Technology LLCSan Francisco, CA🇺🇸United StatesPosted 7 Aug 2026

Quick Overview

Work Type
Hybrid
Level
Mid Senior

Job Description

Reconciliation Lead
  • Own daily and month-end reconciliations across custodian, cash, and fund administrator records, including unit reconciliations for hedge fund and private equity positions
  • Own data integrity within the Accounting Book of Record (ABOR) — positions, transactions, cash, accruals, and valuations — including NAV validation, side pocket tracking, and fee calculations for hedge fund and private equity holdings
  • Manage exception queues end-to-end, driving root-cause resolution for recurring or systemic breaks
  • Review and enhance reconciliation procedures and documentation to bring processes to industry-standard rigor
  • Partner with technology teams on reconciliation platform requirements as part of the firm’s SimCorp Dimension / IVP redesign
  • Serve as the operations group’s dedicated point of expertise for reconciliation questions
 
CORE RESPONSIBILITIES
  • Operate as an embedded, hands-on individual contributor within a lean, high-growth operations team
  • Maintain working proficiency across client-service, reconciliations, and reporting workflows — beyond your primary specialization — to provide backup coverage and team resilience
  • Apply deep knowledge of hedge fund and private equity mechanics — valuations, commitments, capital calls, distributions, and subscription documents — across a predominantly fund-of-funds book
  • Support a custodian-agnostic operating model spanning numerous counterparties, largely wire- and emailbased rather than automated trade feeds
  • Contribute to standardizing procedures, documentation, and training materials — including scalable onboarding workflows, data templates, and operational checklists — that support the client team’s growth toward eventually owning BAU independently
  • Partner with compliance and legal teams on account documentation and data needed for regulatory reporting relevant to client mandates
  • Use AI tools (e.g., Claude) and advanced Excel to improve the accuracy and efficiency of daily operations work
 
QUALIFICATIONS
  • 10–15 years of experience in client or investment operations; prior experience at an OCIO is a key differentiator for this role — asset manager, custodian, or fund administrator backgrounds also considered
  • Direct experience with fund-of-funds structures and operations, including manual subscription and redemption processing in the absence of automated trade feeds
  • Direct experience with hedge fund and private equity valuations, commitment processing, and capital call/ distribution mechanics and the complexities around cash management associated with private equity
  • Working knowledge of subscription documents, wire processing, and fund terms (notice periods, locks, gates)
  • Hands-on daily and month-end reconciliation experience, including unit reconciliations, exception management, and data quality across the Accounting Book of Record (ABOR) and downstream reporting
  • Familiarity with client performance reporting concepts (flash reports, quarterly statements) and reporting cadences
  • Experience with relevant systems — SimCorp Dimension, IVP, DealCloud, Canoe, or Addepar (or comparable platforms) — strongly preferred
  • Advanced Excel proficiency and comfort working with AI tools (e.g., Claude) to support daily operations
  • Strong process-improvement instincts, with experience in business requirements development, operating model design, and standardizing procedures and documentation
  • High degree of ownership, accuracy, and responsiveness across multiple concurrent workstreams
  • Comfort flexing across adjacent operations functions (client service, reconciliations, reporting) to support team coverage and resilience, while anchoring in one primary specialization

Skills

Compliance
Onboarding
Reconciliation
Regulatory Reporting

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