Herndon Capital Management Work Values

Daily Duties at Herndon Capital Management:

• Processed daily trade activities for domestic and international institutional accounts with an approximate $10 billion in assets under management. • Processed reconciliations for various international accounts using bank statements mailed in or retracted from online websites according to client requirements and schedule. • Troubleshoot findings with bank statements and internal reports for account activity and transaction verification for monthly and quarterly reconciliations. • Monitored daily cash or monthly cash flows of portfolios from bank and prepares monthly and quarterly reports to various clients. • Supplied monthly performance reports to portfolio managers, client service and consultants. • Conducted tracking, reporting, and analysis of trends in key operating areas with established performance benchmarks. • Facilitated the implementation of procedures and controls to maintain the highest quality and efficiency, and was instrumental in developing operational procedures. • Resolved all client inquiries and production discrepancies with financial institutions, clients and internal departments to meet operational deadlines and achieve client driven satisfaction. • Participated in the design and installation of process improvements and procedural updates for established daily, weekly and monthly operations as needed to correct or increase departmental efficiency. • Monitored various trade settlement platforms with several custodians and brokers • Proficient in working with different platforms to manage over 1,500 UMA accounts and maintain client requirements. • Trained and developed a team of seven operations analyst, reviewed 150 accounts on a monthly basis and perform performance analysis to ensure that funds are accurately reported. • Primary member of the composite committee responsible for performance measurement ensuring company compliance with GIPS standards. • Processed corporate actions, which includes providing instructions to custodian banks regarding tender offers and dividend options. • Assisted Director of Operations with multiple projects and special projects.

What they like about Herndon Capital Management:

The social vibrance of a hiring firm is very important to you. Your ability to make and maintain friendships there is a critical part of your decision. You would likely be dissatisfied with a workplace that is quiet, cold, or otherwise not particularly social. When you investigate a new hiring company, ask recruiters, managers, and potential co-workers about the social life and opportunities there. This is especially important when you are relocating; moving dramatically alters your social sphere both inside and outside the workplace.

Tags

fund accounting, investment accounting, operations analyst, operations manager, mutual fund accountant, mutual fund manager, geneva, axys, bloomberg, financial services, accounting officer

Skills

• Over fifteen years in the financial services industry that has resulted in a diverse background trading, fund accounting, hedge fund accounting, investment securities, mortgage backed securities, financial statement preparation, performance reporting

These are some of the questions we asked our climbers about their experiences with Herndon Capital Management: