Intern – Middle Office Operations

What youll do

• Youll prepare daily reconciliations between client records and Prime Brokers ensuring accuracy in positions and trades.
• Youll resolve trade breaks by working directly with clients and brokers to correct discrepancies.
• Youll handle monthly reconciliations of positions cash market values and accruals while also building and maintaining fund accrual schedules.
• Youll review NAV packages and prepare performance estimates updating portfolio accounting systems when necessary.
• Youll process corporate actions like dividends splits and mergers while supporting new client conversions and training them on technology and processes.

What we offer

• IQ-EQ offers a comprehensive benefits package designed to support employees well-being and work-life balance. 
• Employees receive generous paid time off including 20 days of PTO and 7 sick days annually with PTO increasing over time. The company also observes 10 paid holidays each year and financial wellness is supported through a 401(k) plan with a company match (subject to eligibility).
• Health benefits include medical dental vision mental health support and additional ancillary insurance plans. 
• Additional benefits include paid parental leave and a hybrid work schedule promoting both personal and professional fulfillment.
• The salary for this position will be dependent on experience and location ($20 - $25 per hour). 

Qualifications :

• You pursue a degree in accounting finance economics or a related field with a GPA of 3.3 or higher.
• You bring internship experience as an added advantage showcasing practical exposure to the industry.
• You demonstrate Excel proficiency at an intermediate level supporting data analysis and reporting tasks.
• You communicate effectively with strong written and oral skills while collaborating as a team player who can multi-task.
• You show problem-solving ability with high motivation attention to detail and a results-oriented mindset.

Additional Information :

Our commitment to you and the environment

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders including our employees clients and local communities while also reducing our impact on our natural environment.  

There is always more we can and should do to improve whether in relation to our people our clients our planet or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. Were committed to fostering an inclusive equitable and diverse culture for our people led by our Diversity Equity and Inclusion steering committee. 

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees careers while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5800 employees - from 94 nationalities across 25 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund in an environment where only 15% of all private equity and venture capital firms are gender balanced.  

 Were committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients sustainability and success leads to our sustainability and success. Were emotionally invested in our clients right from the beginning.  

#LI-HYBRID

Remote Work :

No

Employment Type :

Full-time