About this Manager, Data Operations role at Addepar
Who We Are
Addepar is a global data and AI platform empowering investment professionals to turn complex financial information into actionable intelligence. Addepar unifies portfolio, market and client data in a total portfolio view and delivers AI-powered insights within investment and client workflows. More than 1,400 firms in nearly 60 countries use Addepar to manage and advise on nearly $9 trillion in assets. Its open platform integrates with nearly 650 software, data and consulting partners to power end-to-end investment operations across firms of all sizes and complexity. Addepar supports clients worldwide with offices in New York City, Salt Lake City, London, Edinburgh, Pune, Dubai, Geneva, Singapore and São Paulo.
The Role
We are seeking a Manager, IBOR Operations, based in Pune, to lead the team responsible for the accuracy and timeliness of Addepar's Investment Book of Record (IBOR) — spanning Corporate Actions, Investment Accounting, Investable/Safe Cash, and Performance & Valuation. This role owns the operational integrity of positions, transactions, and reconciliations across custodial, aggregator, and trading data feeds, and acts as the senior escalation point for complex data and reconciliation issues. Reporting into Data Operations leadership, this person will manage a team made up of a Lead and Analysts, partner closely with Product and Engineering to evolve IBOR tooling, and represent Data Operations to senior stakeholders across the business.
Do you enjoy the ability to work and build your career in an exciting, fast-growing environment? If so, you’ll fit in with our open and inclusive culture that is disrupting the wealth management and financial services industry.
Applicants must have legal authorization to work in the country where this role is based on the first day of employment. Visa sponsorship is not available for this position.
What You'll Do
- Own the operational integrity of Addepar's IBOR — positions, transactions, corporate actions, tax lot accuracy, trade static data, trade enrichment, and market claims — across custodial, aggregator, and trading data feeds
- Lead and develop a team comprising a Data Operations Lead and Analysts, setting priorities, quality standards, and performance expectations
- Establish and maintain process controls and metrics that track reconciliation break resolution, data quality, and SLA performance across the IBOR function
- Serve as the senior escalation point for complex trade lifecycle, corporate actions, reconciliation, and trade fail issues that affect IBOR accuracy, partnering with clients and custodial/data providers to drive resolution
- Partner with Product and Engineering to define requirements and prioritize tooling that improves IBOR data quality, automates reconciliation, and scales operations
- Drive cross-functional initiatives with other Operations, Product, and Engineering leaders on data strategy and new platform capabilities
- Own hiring, onboarding, mentorship, and career development for the Lead and analysts within the team
Who You Are
- Bachelor’s degree in Finance, Economics, Accounting, or equivalent experience
- 9+ years of experience in investment/portfolio operations, middle office, custody, or trading operations, with direct exposure to IBOR, OMS/EMS, or custody data feeds
- Background in asset management or the sell side of custody/fund administration, with solid grounding in capital markets fundamentals
- Strong working knowledge of corporate actions processing, position/cash/trade reconciliation, and tax lot accounting, including tax lot relief methods and tax-loss harvesting mechanics
- Understanding of the trade lifecycle and trading process end-to-end; a trading qualification (e.g. Series 7/63 or equivalent) is a plus
- Comfortable with SQL and Python for data analysis, break investigation, and process automation; familiarity with database management a plus
- Familiarity with IBOR or portfolio accounting platforms (e.g. SimCorp, Eagle, Aladdin, Charles River) is a plus
- Proven experience managing and developing a team directly, including through a Lead, with a track record of coaching individuals to grow in their roles
- Strong client-facing and stakeholder management skills, with the ability to represent Data Operations to senior internal and external audiences
- Excellent judgment under pressure, with a track record of driving process improvement in a high-throughput, deadline-driven environment
- Strong communication skills, able to convey complex ideas clearly across cultural and functional boundaries
- Experience working with globally distributed teams and clients is mandatory
Our Values
- Act Like an Owner - Think and operate with intention, purpose and care. Own outcomes.
- Build Together - Collaborate to unlock the best solutions. Deliver lasting value.
- Champion Our Clients - Exceed client expectations. Our clients’ success is our success.
- Drive Innovation - Be bold and unconstrained in problem solving. Transform the industry.
- Embrace Learning - Engage our community to broaden our perspective. Bring a growth mindset.
In addition to our core values, Addepar is proud to be an equal opportunity employer. We seek to bring together diverse ideas, experiences, skill sets, perspectives, backgrounds and identities to drive innovative solutions. We commit to promoting a welcoming environment where inclusion and belonging are held as a shared responsibility.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
PHISHING SCAM WARNING: Addepar is among several companies recently made aware of a phishing scam involving con artists posing as hiring managers recruiting via email, text and social media. The imposters are creating misleading email accounts, conducting remote “interviews,” and making fake job offers in order to collect personal and financial information from unsuspecting individuals. Please be aware that no job offers will be made from Addepar without a formal interview process. Additionally, Addepar will not ask you to purchase equipment or supplies as part of your onboarding process. If you have any questions, please reach out to [email protected].