Associate - Abandoned Property Compliance

$75,000 - $90,000 yearly
  • The Resume Review - Recruiting Department
  • Feb 08, 2021
Full time Real Estate

Job Description

Job description
Company Profile:
This company is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. This company offers a range of solutions from thorough fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies crafted to gain broad exposure to capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
A new position is being created to support this company’s North American Abandoned and Unclaimed Property compliance efforts. The position will be a collaboration between the Technology and Operations Risk and Controls team and Finance Controls team, reporting into R&C with a dotted line to Finance. The individual will responsible with assisting with the oversight and governance of this company’s abandoned and unclaimed property process. The individual will work with professionals in Finance, Business Operations and Human Resource to ensure this company is aligning with North American abandoned and unclaimed property requirements. The individual will also be responsible for coordinating projects to improve the process, educate partners on compliance and assist with asset recovery. This role will be based in our Wilmington, Delaware or Atlanta, GA office location.
A successful candidate will develop strong relationships across this company, develop a broad understanding of abandoned and unclaimed property requirements as well as an understanding of the areas impacted by these requirements, and have strong analytical and problem-solving skills.
Role Responsibility
  • Collaborate closely with different teams to document and monitor escheatment status for abandoned and unclaimed assets
  • Research items, acquire supporting documentation and connect with external consultants for items due to be escheated to ensure escheatment compliance within organizational deadlines
  • Serve as a central point of contact to address questions and concerns from business
  • Engage with this company's partners to understand and identify key processes and risks within a specific business unit
  • Assist partners with special projects to help mitigate risks with compliance
  • Assist with the continual improvement of processes among teams to optimize efficiency, mitigate risk and incorporate changes, ensuring procedures are maintained in line with all current practices.
  • Assist with developing and or enhancing Abandoned and Unclaimed Property policies and procedures
  • Assist with the research and recovery of abandoned property assets
  • Undergraduate or graduate degree in Finance or Accounting preferred and at least 3 years of experience in Finance, Audit or other Risk Function
  • Basic understanding of abandoned and unclaimed property requirements preferred
  • Working knowledge of Microsoft Office with Excel and Outlook proficiency
  • Demonstrates risk, project management, organizational, and problem-solving skills
  • Excellent verbal and written communication skills with the ability to effectively communicate to all levels of the organization
  • Ability to manage several priorities successfully within a fast-paced environment
  • Willingness to explore process efficiencies and improvements