Financial Operations

Position Overview

ACT Consulting is seeking an entry-level Financial Operations professional (recent college grad) to join our Operations team in New York, NY. This direct hire role reports to the Director of Operations and plays a critical part in managing day-to-day operations including trade settlement, margin calls, repo and swap transactions, wire transfers, forecasting, and end-of-day reconciliations.

Key Responsibilities

• Manage day-to-day operations including trade settlement, margin calls, repo and swap transactions, wire transfers, forecasting, and end-of-day reconciliations.
• Communicate with accounting, traders, portfolio managers, custodian banks, and counterparties to resolve daily settlements and transactions.
• Produce and review reconciliations and reports using MS Excel.
• Take ownership of projects and process improvements to enhance efficiency and mitigate risks.
• Collaborate effectively within a small team environment.

Required Qualifications

• Bachelor's degree in Business, Finance, or a related field.
• 0-2 years of operational experience in trade support or settlements.
• Advanced proficiency with MS Excel for producing and reviewing reconciliations and reports.
• Strong attention to detail, ability to multitask, and work well under pressure to meet deadlines.
• Excellent communication and interpersonal skills with a highly motivated, process-oriented approach.

Preferred Qualifications

• Exposure to Whole Loans and Mortgage-Backed Securities (MBS).
• Familiarity with VBA and macro writing.
• Experience with systems such as TPG and Bloomberg.

Benefits & Perks

• Compensation: $70,000 - $90,000 plus bonus, with final salary based on qualifications and experience.
• 20 Paid Time Off (PTO) days (prorated for the first year), company-observed holidays, and 2 paid volunteering days per year.
• Platinum and Gold level Oxford health insurance options with a generous company subsidy; free dental and vision insurance.
• Company-matched 401k plan with immediate vesting and access to various tax savings programs (FSA/HSA, commuter, dependent & parking).
• Additional perks including unlimited sick days, parental leave, supplemental insurance options, fitness reimbursement, student loan repayment, childcare reimbursement, tuition/exam expense reimbursement, charity matching, a 529 College savings plan, employee referral bonuses, and more.