Addison Categories:
Senior Billing/Quality Control Analyst Placemark Investments
THIS JOB HAS EXPIRED
BACKGROUND Placemark Investments is an investment advisory firm registered with the Securities and
Exchange Commission. The company is privately held, with 71 employees located in offices in
Dallas, Texas and Wellesley, Massachusetts.
Placemark develops, implements, and supports wealth solutions, including Unified Managed
Account platforms and retirement solutions for broker/dealers, registered investment
advisors, banks, and family offices. As the separate account industry?s leading independent
overlay portfolio manager, Placemark coordinates multiple investment vehicles such as
separately managed accounts, mutual funds, and ETFs into a single customized portfolio.
Placemark?s mission is to fundamentally change the way that investment management services
are delivered to clients, fostering a more efficient operating model and delivering more
sophisticated investment strategies to meet a wider variety of client needs. We enable
financial advisors, sponsors, and product providers (managers) to better collaborate in
delivering superior investment solutions to their clients. As a firm, Placemark seeks to foster an
entrepreneurial culture focused on integrity, innovation, respect for employees, exceeding
customers? needs and adding real value.
KEY RESPONSIBILITIES
Placemark is seeking a Sr. Analyst to develop/implement new capabilities and/or process
improvements in our client billing & quality control functions, reporting directly to our VPFinance with a dotted-line reporting relationship to our VP-Operations. The successful
candidate will become the authority and subject matter expert on all data quality and client
billing issues. Responsibilities shall include:
Client Billing:
System Testing:
? Act as lead resource in testing & reconciling billing calculations in Bonaire, our
customized billing system
? Research variances and work with Operations, Accounting, and Tech employees to
develop & implement long-term, scalable solutions/improvements
? Reconcile revenue on both a gross and net basis in Bonaire versus current process
? Reconcile revenue between general ledger & Bonaire, research variances, and
implement controls ensuring successful integration ? Work with Tech to develop & implement best-in-class reporting capabilities
Billing System Build-out & On-going Responsibilities:
? Maintain pricing/billing matrix for all clients
? With guidance from VP?s, ensure functionality is built into Bonaire to handle all
client billing requirements
? Revenue reporting and analysis, at both sponsor and sub-advisor levels
? Includes AUM, gross/net flows, fees
? Research variances between GL and billing system, as needed
? Act as point person for all sub-advisor reporting issues
? Ensure high-level of manager service, proactively communicating with managers
on status of payments and other pertinent billing issues.
? With guidance from VP?s, document all billing processes and institute improved
controls, as appropriate
? Set-up and maintain interface between Bonaire and g/l system
? Provide reports, both summary and detail, to substantiate entries made to the g/l
on a monthly/quarterly basis
? Serve as back-up to Ops personnel for billing related activities
Quality Control:
? Maintain data integrity in multiple databases across the organization data
? Research, analyze and interpret security related information necessary to set-up,
transact, value, and record keep investment portfolios containing a diverse array of
financial instruments
? Validate data; obtain missing information, and resolve discrepancies and exceptions
? Maintain the accuracy and the timeliness of file feeds to databases that support
downstream reporting
? Ensure the data integrity of all asset information
? Create reports and execute system updates; ensure accuracy of the results
? Oversee daily security price/valuation processes, generate pricing verification reports,
work with internal and external contacts to resolve pricing and valuation issues
? Perform data audits to ensure accuracy and adherence to established policies
? Create/monitor reconciliation reports and resolve reconciliation differences
? Identify and help to implement business process improvements
? Interface with market data vendors, brokers, investment managers, and partners to
obtain information regarding assets
REQUIRED EXPERIENCE AND SKILLS
? Bachelors Degree, Accounting preferred
? At least four to six years of relevant experience
? Solid understanding of general accounting principles
? Excellent critical thinking and analytical skills; ability to interpret financial and statistical information, demonstrating an understanding of measures/metrics and their
relationship to financial performance
? Ability to learn and apply securities valuation concepts
? Ability to learn and use 3
rd
party technology products such as Advent, Bonaire & Telkurs
? A solid knowledge of MS Suite, including Word, Excel, and Access.
? Experience in general ledger accounting
? Demonstrated knowledge of financial markets and experience in investment
management or brokerage a plus
? Prior experience with fixed income securities a plus
REQUIRED PERSONAL ATTRIBUTES
? Personable & proactive individual, with strong initiative and work ethic
? Detail-oriented and process-oriented approach
? Excellent written and verbal communications skills
? Strong sense of client service
? Ability to work in a fast-paced, deadline-oriented environment
? Accepts responsibility, ownership and accountability for work results
? Possesses good organizational skills; ability to multi-task and prioritize competing
priorities
COMPENSATION & BENEFITS
? Competitive salary plus bonus opportunity
? Comprehensive benefits package including:
o Medical, dental and vision insurance
o 3 weeks paid vacation
o 401(k) plan with company match
o Employer paid life insurance, AD&D and disability coverage.
| Location: | 16633 Dallas Parkway Suite 700 Addison, TX 75001 United States |
|---|
THIS JOB HAS EXPIRED
Placemark Investments
Investors: Ascent Venture Partners, Flybridge Capital Partners, Techxas VenturesAll Jobs: at Placemark Investments
| Web Site: | www.placemark.com |
|---|---|
| Headquarters: | 16633 Dallas Parkway Suite 700 Addison, TX 75001 United States |
| Industry: | Financial Services |
