Investment Operations Associate recruitment
The role will be involved in the following critical activities:
- Conduct day-to-day investment operations responsibilities for the funds, with a focus on the area of trade execution and settlement which includes ensuring that the decisions of the committees are implemented appropriately.
- Coordinate the implementation of subscribing to, redeeming from and transferring interests among underlying hedge funds and other investment-related decisions.
- Assist in drafting and negotiation of side letters with underlying portfolio fund managers.
- Monitor and ensure compliance with internal trading policies and procedures.
- Review and analyze governing documentation for underlying hedge fund investments in order to understand the terms and conditions of the fund investment in the areas of subscribing to the underlying fund, redeeming from the underlying fund and understanding and executing other investment-related decisions relating to the fund investments.
- Describe the key provisions of underlying hedge fund documentation into the databases in order to aid in investment decision making.
- Work with external hedge fund managers and administrators regarding investment decision making, including preparing required documentation and responding to inquiries from the external hedge fund managers and administrators.
- Compile, draft and distribute trade instructions for hedge fund investments, including subscription agreements, redemption notices, transfer agreements, letters of direction and share class elections.
- Monitor and ensure proper data integrity and analysis of hedge fund liquidity.
- Create and update process tracking logs and systems as required.
- Design and implement control techniques including liaison with systems staff to develop and implement automated solutions.
- Participate in and take the lead on special and recurring projects and report results to management.
General Education, Skills or Experience Requirements:
The ideal experience include the following:
• BA/BS with strong academic credentials.
• 3-5 years business experience in the financial industry. Focuse in asset management/financial services industry is preferred, and fund of funds experience a plus.
• Strong attention to detail.
• Ability to multi-task and prioritize work in a fast paced environment.
• Excellent verbal and written communication skills.
• Superior organization, decision making and problem solving skills.
• Demonstrated initiative and ability to manage tasks and projects independently from start to finish.
• Abilty to work both independently and within a team.
• Strong analytical abilities.
• Proficient in Adobe and Microsoft Office Suite (including Outlook, Excel, Word and PowerPoint).