Analyst, Portfolio Administration

Virtus is dedicated to the success of employees and helping everyone on our team achieve their goals.

We are a dynamic, fast-growing organization with the resources of a large firm and the innovative environment of an entrepreneurial company that promotes collaboration and employee engagement. Every member of our team is empowered to make a tangible impact in offering clients high-quality investment strategies to meet their financial needs and delivering value for our shareholders.

We are an organization where employees can thrive personally and professionally. Professional development opportunities help employees enhance their skills and grow in their careers. Meaningful financial rewards and a comprehensive package of benefits support employees at every stage of life and encourage work-life balance, and physical, emotional and mental well-being.

We believe in the value of a diverse, inclusive, and respectful work environment and are committed to making a positive impact in the communities where we live and work.

Job Description

The Analyst, Portfolio Administration is responsible for performing daily and monthly reconciliations of cash, positions, and market values. These reconciliations are conducted between Investment Managers-who use a common operating platform-and various counterparties. This role supports the centralized Portfolio Administration function within Virtus Shared Services Investment Operations.

Primary Job Responsibilities :

Portfolio Administration

• Perform daily and monthly client account transactions, cash, positions, and market value reconciliations with counterparties, agent banks, and custodians.
• Research any exceptions found during the reconciliation process and communicate with counterparties and other internal departments as appropriate.
• Ensure the accuracy of all records booked by the Investment Managers utilizing VBAM and the Custodians / Fund Administrators.
• Ensure all prior month adjustments have been reflected properly.
• Complete client-required month-end reconciliations in a timely manner to meet deadlines.

Business Analysis and Process Improvement

Other Business Area Support

Ideal Qualifications :

The salary range is $63,000 to $76,000.

The starting salary offer will vary based on the applicant's education, experience, skills, abilities, geographic location, internal equity, and alignment with market data. This position is also eligible to participate in the annual incentive plan.