Corporate Actions, Portfolio Accounting (Former Employee) – Seattle, WA – February 28, 2018
I worked there a few years ago so maybe the environment has changed since I was there. But when I was there, the operations department was toxic. Underfunded and poorly managed, the operations department had almost 100% turnover in two years. Most left to make 10k more doing similar work for their competitors. It's a good first job out of college but not somewhere to build a career.
Automation Intern (Former Employee) – Seattle, WA – July 23, 2018
Parametric was a great place to work. I remember that they worked hard and knew how to maintain a pleasant office environment. I contributed to important projects, and never felt like my efforts were wasted or unappreciated.
Client Relations Associate (Former Employee) – Seattle, WA – September 11, 2017
During the hiring process, they emphasize that your success is based on performance and then when you're hired, it's anything but that. You have to pander to incompetent managers to get ahead. Trying to move to other departments is near impossible if you're good at your job.
Operations Associate (Former Employee) – Seattle, WA – February 12, 2014
Investigated details for corporate action events, through Bloomberg and other resources, and posted the events to the accounting system ensuring a high level of accuracy and timely completion. Communicated portfolio manager’s elections with various custodians, meeting the competing corporate action deadlines. Monitored custodian websites to communicate upcoming corporate actions with portfolio managers, ensuring accuracy in supporting the operations team in preparation for the proceedings within the firm. Handled operational and administrative tasks related to client portfolios; kept and maintained client records, and reviewed holding reconciliation. Worked with the trading department providing research support and record keeping; posted daily trades to client accounts, prepared and communicated daily reports with the custodians. Ensured the accuracy of the equity price data held by Parametric through creating, verified and maintained the price file on a daily basis.