Caser Grupo Helvetia is looking for a Junior Middle Office specialist for the Investment Hub in Madrid. The selected person will be integrated into a group of 13 professionals, based in Basel, Switzerland (80%) and in Madrid, Spain (20%).
In this role, you will be a key liaison between the Front and Middle Office, ensuring the accuracy and consistency of data across multiple systems, particularly in reconciliation processes related to alternative investments. You will be responsible for monitoring, investigating, and resolving discrepancies between Aladdin, SAP TRM, eFront, and external custodians, ensuring seamless operational efficiency.
Key Responsibilities
* Reconciliation & Exception Management
* Perform cash reconciliation between Aladdin and custodians, ensuring proper allocation and identification of breaks.
* Conduct position reconciliation between Accounting systems, Aladdin, and custodians to ensure accurate holdings and valuations.
* Validate and reconcile alternative investment mirroring bookings for consistency and accuracy.
* Ensure intersystem consistency between eFront and Aladdin, resolving any mismatches between investment records.
* Monitor and escalate unresolved breaks following defined procedures.
* Process Optimization & Integration
* Support the ISO 20022 migration, ensuring its smooth impact on reconciliation processes.
* Work closely with internal teams and external counterparties (custodians, fund administrators) to resolve discrepancies efficiently.
* Assist in identifying opportunities for process enhancements and automation improvements.
* Conduct root cause analysis of recurring breaks to drive long-term reconciliation efficiency.
Requisitos:
EDUCATION
* Bachelor's or Master's degree in Finance, Economics, or a related field is preferred.
* Accounting knowledge is a plus but not mandatory.
* Knowledge of alternative investment structures (e.g., private equity, hedge funds, real estate) is a plus.
EXPERIENCE
* At least, one year of experience in Middle Office reconciliation, preferably within Asset Management.
* Experience in data flow analysis and system integration for alternative investments.
* Prior experience working with Aladdin and SAP TRM is essential.
* Familiarity with middleware solutions connecting Aladdin and SAP TRM.
* Experience in working with automated reconciliation processes, only handling exceptions.
LANGUAGES
English – Advanced (most of the work will be conducted in English, in coordination with the Basel team).
METHODICAL & ANALYTICAL SKILLS
* Strong ability to investigate, analyze, and resolve reconciliation breaks in a structured manner.
* Capability to optimize existing reconciliation workflows and enhance operational efficiency.
* Strong problem-solving mindset with a proactive approach to issue resolution.
* Effective communication skills to liaise between Front Office, Middle Office, and external partners.
* Ability to adhere to strict deadlines and manage reconciliation processes with minimal errors.
* Team-oriented mindset, willing to share knowledge and contribute to overall process improvement.