Truist Portfolio Administrator 

United States, North Carolina, Charlotte 

977917327

Regular or Temporary:

English (Required)

1st shift (United States of America)Accurate, timely investment account data, generated by Portfolio Administrators, is critical to supporting nearly every aspect of Sterling; from portfolio management and trading, to compliance, to marketing and client service.Portfolio Administrators oversee portfolio accounting for an assigned group of institutional, separately managed fixed income and equity accounts. This requires daily reconciliation of Sterling’s portfolio accounting system to the client’s book of record at custody, with the active resolution of any breaks.

Core Responsibilities:

• Ensure transaction/position integrity in Sterling’s records (Advent APX) against client custodial records, and also to Sterling’s OMS (Charles River) and relevant reference data (Bloomberg, etc.).
• Research and remediate reconciliation discrepancies daily. Requires close and frequent communication (email and phone) with counterparts at custodial banks and internal settlement team.
• Prepare and distribute all month-end accounting and performance statements, per client specific instructions, for assigned client list during first 7 business days after month end.
• Manage operational aspects of new account onboarding, including set up of account attributes in portfolio accounting system, data feed connectivity to custodian, and verifying funding status.
• Oversee necessary steps for other operational activities over an account lifecycle, such as contributions/withdrawals, audit requests, and account terminations.
• Provide internal “customer” support, quickly responding to a high volume of time sensitive questions and requests from multiple internal teams.

Skills and Competencies:

• Bachelor’s degree. Preferably in accounting, finance, or relevant field.
• 2+ years of back/middle office financial work experience, preferably within Asset Management.
• Technical understanding of investment markets, securities, security data, and investment systems.
• Direct experience with a portfolio accounting system, preferably an Advent system.
• Excellent overall computer skills with demonstrated proficiency in several software packages. Familiarity with Bloomberg, Charles River, Factset and Salesforce preferred.
• Strong ability in Microsoft Excel, including vlookups, pivot tables and macros.

Character Traits:

• Accurate – Highly precise and accurate, truly detail oriented. High degree of personal accountability and high standards. Take initiative, accept responsibility, and work accurately under pressure.
• Timely – Deliver work on time while juggling multiple competing demands. Requires a high degree of organization, prioritization, and focus. Ability to stay calm under pressure and meet deadlines.
• Productive – Efficiently master the workload on a daily basis. Effectively handling the routine tasks and seamlessly juggling unplanned, urgent issues that need attention. Committed to ensuring the job gets done, happily putting in extra efforts and going above and beyond where needed.
• Service oriented – Strong communicator (written and verbal) with helping, service oriented mindset. Quickly respond to requests with useful, accurate information. Inspire confidence in our work product.
• Critical thinker – Ability to both follow process and standards while also thinking critically and creatively to actively problem solve, trouble shoot, and create solutions to one-off issues.