Client Reporting Co-op

Co-op Program Overview

The Arrowstreet Co-op Program provides an exciting opportunity to gain experience in the institutional asset management industry and Arrowstreet as a company while gaining deep experience within a specific function. The co-ops are highly valued members of the team and participate in team meetings, perform business-critical work, and receive real-time, balanced feedback. They enjoy all the benefits of being an employee at Arrowstreet, including a warm and friendly work environment and a relaxed, business-casual dress code. The co-ops across the organization come together on a regular basis to meet members of the firm’s leadership and to learn about all aspects of the investment management process.

 

Job Overview

The role is positioned within the larger Business Development and Client Relationship Management department. The candidate will have the opportunity to support several groups within the department including Client Reporting, Client Services Operations, and Performance  and will collaborate cross functionally with teams such as Investment Analytics, Funds, Finance, Investment Services and Compliance.

The Client Reporting co-op role is primarily focused and has an integral role in supporting the overall client experience in terms of client and investor month end reporting. The co-op role provides the opportunity to participate and learn across the team, in addition to providing the opportunity to participate in some complementary tasks within the Client Services Team. The co-op will gain valuable experience with a wide range of daily responsibilities while contributing to both ongoing processes as well as strategic initiatives. This role provides an excellent opportunity in a fast-paced client-focused environment to gain broad exposure and insight into the inner workings of an investment manager.

 

Responsibilities

• Contribute to initiatives and processes relating to the Client Reporting team that will add value to the end client

• Contribute to the monthly portfolio reconciliation review and reporting process through conducting month-end analyses on portfolio records via custodial bank portals

• Work on and assist with various client reporting operational deliverables and ad hoc requests

• Maintaining internal client data system and ensuring client information in internal systems is complete and accurate

• Support the audit confirmation processes

• Maintain and own checklists, procedures, and process documentation

• Provide support for strategic project initiatives

• Process improvement on existing tasks and look for ways to gain efficiency and reduce risk

• Collaborate directly with manager to identify a co-op project that will improve functionality within the team encompassing skills and knowledge learned during the program and present findings of project at the completion of project/end of co-op

 

Qualifications

• Strong academic record in the undergraduate program preferably with a focus on finance, accounting, or data science

• A positive attitude with enthusiasm and maturity

• Excellent organizational, analytical, and critical thinking skills

• Strong interpersonal, verbal, and written communication skills

• Proficiency with Microsoft Excel (knowledge of SQL and/or Python is ideal but not required)

• Ability to multi-task and work on a variety of assignments across multiple teams

• Committed to delivering a high-quality work product and seeing assignments through to completion

• Detail-oriented with a strong curiosity in how things work and how to improve processes

• Works well in a team environment and can also excel as an independent contributor

• A strong interest in the investment management industry

The hourly wage range for this position is $21-$29 per hour.

Arrowstreet Capital operates a robust talent acquisition program, and we also seek to compensate and reward our employees competitively within our industry and in line with our merit-based culture. The determination of a successful candidate’s base wage placement within the listed range will vary based on the candidate’s relevant experience and qualifications (which may also include relevant certifications, credentials and other education), the job responsibilities and scope, the commensurate resulting level of the position and other relevant factors. The listed range is also an estimate, and additional information regarding base wages and other elements of total compensation offered by Arrowstreet Capital to successful applicants will be communicated during the recruitment process.

Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world. 

All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, ancestry, genetic information, age, pregnancy, medical condition, disability, veteran or military status, marital status or any other characteristic protected by federal, state, or local law.

Arrowstreet Capital is committed to working with and providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation for any part of the employment process due to a disability,

accommodations@arrowstreetcapital.com

to discuss the nature of your request and contact information.