BSP Reconciliation Operations Specialist

Benefit Street Partners (BSP) is owned by Franklin Templeton, a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world.

Benefit Street Partners operates independently as a Specialist Investment Manager and is a leading credit-focused alternative asset management firm. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. These complementary strategies leverage the proprietary sourcing, analytical, operational and compliance capabilities that encompass BSP’s robust institutional platform.

Visit www.benefitstreetpartners.com to learn more about our company and investment strategies.

What is the BSP Reconciliation Operations Specialist responsible for?

• BSP is seeking an analytical, detail-oriented, collaborative individual to join the team as a Recon Operations Specialist.
• The individual in this position will work on a team of operations professionals and report to the BSP Vice President.
• BSP’s operational headquarters are based in Boston, MA and support the investment team located in New York, NY.
  
  

What are the ongoing responsibilities of a BSP Reconciliation Operations Specialist?

Responsibilities Include But Are Not Limited To

• Daily review, action and escalation of position, cash, and data reconciliations for broad range of funds and asset classes
• Research and solve breaks using various third-party data sources
• Liaise with third-party Custodians, Administrators, Prime Brokers, and Vendors
• Collaborate with various teams across BSP, including Finance, Operations, Portfolio Analytics, and the Front Office
  
  

Qualifications

The successful candidate will ideally possess:

• 2-4 years of relevant experience, preferably in reconciliation
• Fluent in English (spoken and written)
• Base knowledge of equity, bonds and bank loans preferable
• Bachelor’s degree in finance, Accounting or Economics
• Proficient computer skills including applications within Microsoft Office
• Strong analytical, comprehension and problem-solving skills
• Self-motivated, ability to manage own time
• Exceptional communicator
  
  

Job Level - Individual Contributor

Work Shift Timings – 2:00 PM – 11:00 PM IST

Experience our welcoming culture and reach your professional and personal potential!

Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.

By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.

Learn more about the wide range of benefits we offer at Franklin Templeton

• Most benefits vary by location. Ask your recruiter about benefits in your country.
  
  

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to [email protected]. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.