Investment Operations & Fund Accounting Analyst

What you'll do

Mercor is building a library of investment-operations and fund-accounting work products, and each task is a small, self-contained version of a day in middle or back office. You get mock files (ledgers, custodian and bank statements, corporate-action notices) and produce the deliverable an analyst would sign off, which is then graded against a rubric.

The exercise types named in the ad:

• Reconciliations: ledger versus custodian or bank; isolate and explain every residual break and produce the signed-off rec with adjusting entries
• NAV attribution: break down NAV movements, flag components outside tolerance and write the variance commentary
• Trade breaks: investigate a mismatch between two systems, find and classify the root cause, propose the fix and draft the narrative
• Corporate actions: process events and compute entitlements per account
• Payment exceptions: decide repair, return or escalate, and match messy merchant and vendor descriptors to a canonical registry

The ad does not say what the library is for. Rubric-graded work products like these are typically used as expert reference data for AI evaluation, but that is our reading, not a statement in the listing.

Who fits

• 3+ years in fund administration or investment operations: fund accounting, reconciliations, corporate actions, trade support and middle office, or payment operations
• Experience at a fund administrator, custodian, asset manager or bank operations team
• Hands-on with recs, NAV, trade breaks, corporate actions or settlement exceptions, plus strong Excel
• Nice to have: a CPA or IOC; SS&C Geneva, Multifonds or InvestOne; SWIFT and settlement systems
• United States-based (a hard location requirement)

This is one of the few expert listings that values operations staff rather than front-office or accounting credentials.

The assessment

Expect a practical test mirroring the work: a ledger-versus-custodian reconciliation that has to tie out, a NAV variance attribution, and a trade-break root-cause analysis with narrative. Practise tying out to zero under time pressure before you start it.

What it pays

$75–110 per hour depending on experience, paid weekly on Stripe or Wise. At the stated ~15 hours a week, that is roughly $1,125–1,650 a week.

Worth knowing

Good:

• Operations experience earns expert-level rates
• Light, predictable commitment of about 15 hours a week
• Very active: Mercor showed 133 hires on this listing this month
• The assessment is the job itself, so you know what you are signing up for

Less good:

• US only
• H-1B and STEM OPT holders are excluded
• The end use of the work is not stated
• Contractor terms; projects can be extended, shortened or concluded early

About this listing

Posted by Mercor as an hourly remote contract, confirmed open on 24 September 2026. Pay, hours, assessment and requirements are the ad's own. See Mercor.