Position Overview:

The Cash Operations team leverages its understanding of the investment life cycle to validate, reconcile, and publish start of day cash on behalf of the investment portfolio management team. The team is responsible for resolving exceptions and variances by working with others including external counterparties. The Cash Operations team is also responsible for initiating payments, recording subs/reds, and overseeing our securities lending program. As a Cash Operations Analyst, you will fulfill all cash operations responsibilities, focusing on standard and gradually more complex tasks.

Responsibilities:

  • Reconcile cash balances and ensure timely delivery of balances to Front Office portfolio managers
  • Monitors, investigates, and resolves cash exceptions
  • Investigate issues during the accounting close process
  • Responds to inquiries from portfolio managers
  • Develop working relationships with other operational teams
  • Develop a working relationship with external parties (e.g. custodians)
  • Record cashflows and initiate payments
  • Complete the bespoke process as assigned

Required Qualifications:

  • Degree in Finance or Accounting or equivalent area
  • Technical skills in Microsoft Office with a focus on Excel, Access, TEAMS
  • Awareness of the investment lifecycle and/or experience in the asset management or banking industries
  • 1-4 years of working experience

Preferred Qualifications:

  • Prior experience with Aladdin
  • Strong attention to detail with a passion for problem-solving
  • Strong written and verbal communication
  • Ability to multi-task and work independently in addition to collaborating with a team
  • Strong sense of accountability

What we offer:

  • Highly competitive annual pay
  • A good work/life balance including annual leave and statutory holidays in accordance with the Hungarian labor regulations.
  • Work from home in a hybrid working model.
  • Pension and medical plan
  • Yearly training budget, plus a large pool of in-house training to choose from
  • Complex people programs to support your individual and team development.
  • An opportunity to work with international offices and businesses, while being based in Budapest.
  • And last, but not least: fun and energetic, on the ground and global team!

Aegon is an international financial service holding company headquartered in The Hague, the Netherlands. Our ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Our purpose is to help people live their best lives, which goal runs through all of our activities. The company has multiple locations across the globe, with core markets in the UK and the US, partnerships in Spain & Portugal, Brazil, and China, and an Asset Management organization with locations in UK, US, NL and Hungary. In the Netherlands, Aegon generates value via strategic shareholding in a market-leading insurance and pensions company.

Aegon Global Business Solutions Center, based in Budapest, Hungary, supports these businesses with IT, finance, risk, model validation, actuarial, audit, and asset management services. The growing team is approximately 320 people.

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AGT Hungary IT Services LLC (HUN entity)