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Portfolio Operations Manager

Allspring Global Investments
United States, California, San Francisco
525 Market Street (Show on map)
Nov 17, 2024
Description
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COMPANY

Allspring Global Investments is a leading independent asset management firm that offers a broad range of investment products and solutions designed to help meet clients' goals. At Allspring, our vision is to inspire a new era of investing that pursues both financial returns and positive outcomes. With decades of trusted experience propelling us forward, we strive to build portfolios aimed at generating successful outcomes for our clients. We do this through the independence of thought that powers our investment strategies and by bringing a renewed approach to look around the corner to unlock what's possible. Allspring is a company committed to thoughtful investing, purposeful planning, and the desire to deliver outcomes that expand above and beyond financial gains. For more information, please visit About Us - Allspring Global Investments.

At Allspring, unique views inspire us. We leverage the diversity of people, ideas, and skills to help our clients pursue their financial goals. We strive to attract and retain a diverse talent pool that enables us to better serve our global client base. Intentionally fostering a diverse and inclusive culture allows us to empower innovation, productivity, and engagement. It's also essential for elevating the experience of our clients as well as the communities in which we operate. Thank you for considering Allspring as you explore the next step in your career journey.

POSITION

Allspring Global Investments is looking for an Operations Accounting Manager to oversee a team of portfolio accountants responsible for reconciliation, portfolio accounting and portfolio performance. The Portfolio Accounting team maintains critical portfolio data required by investment teams, investment analytics, pre-trade compliance, composites and client reporting. In this role, you will lead a team of portfolio accountants to meet standards of excellence with assigned responsibilities as well as support for internal teams and ongoing enhancements to controls. Manager should have a minimum of 7 years of experience managing investment operations teams, preferably in portfolio and/or fund accounting functions and a track record of increasing responsibility.

RESPONSIBILITIES

Manage a team of portfolio analysts responsible for daily reconciliation, portfolio accounting and performance review functions. Support staff with training, coaching and skills development. Lead the team to strive for service excellence, continual improvement and a team approach. Escalate issues with custodians and other parties to resolve discrepancies timely. Liaise with other operations and technology teams to address solutions for new products or client requirements. Identify opportunities to reduce risk, increase efficiencies and collaborate with others to make meaningful positive change.

REQUIRED QUALIFICATIONS



  • 7+ years of investment operations management experience with emphasis on empowering staff growth and development
  • Subject matter expertise with operational support of derivatives (OTC, bi-lateral, exchange traded) including collateral management, trade support and lifecycle management
  • Experience managing operational lifecycle of syndicated loans including trade settlement, reconciliation and restructures
  • Demonstrated time management, analytical and organizational skills
  • Ability to articulate issues, risks, and proposed solutions to various levels of staff and management.
  • Proven ability to manage risk, mitigate risk and make sound decisions.
  • Ability to work effectively in a team environment.
  • Excellent verbal, written, and interpersonal communication skills.
  • Ability to drive continuous improvement and execution excellence.
  • Strong attention to detail and accuracy


PREFERRED QUALIFICATIONS



  • Experience in other mid- and back-office roles including trade support, performance, portfolio operations, and client administration
  • Experience with Advent Portfolio Exchange (APX), Bloomberg, CRD, Wall Street Office (WSO) and SS&C Recon.
  • Advanced experience with MS Excel and general facility with technology tools such as MS Access and Power BI



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We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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