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Raymond James · 1 hour ago

Director, Alternative Investments Operational Due Diligence

St. Petersburg, FL

Full-time

Hybrid

Mid, Senior Level

6+ years exp

Raymond James is a financial services firm, and they are seeking a Director of Alternative Investment Operational Due Diligence. The role involves leading the operational due diligence program for alternative investments, conducting risk reviews, and interacting with external fund managers to analyze investment structures and compliance programs.

BankingFinancial ServicesInformation TechnologyInsuranceWealth Management

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Assist with leading in the further development and maintenance of AIG’s operational due diligence program. Update design as needed on a regular basis

Perform operational risk reviews of funds. Prepare written reports based on these reviews

Conduct and lead onsite due diligence reviews of third party asset managers and service provider operational support, internal controls, trade processing, and employees

Evaluate accounting and reporting processes and controls, including cash management, valuation practices, and NAV analysis

Review financial statements and any other relevant reports on the firms’ control environments

Analyze asset managers’ adherence to internal compliance policies and regulatory requirements

Create and execute an annual project plan to cover all required ongoing operational due diligence reviews

Willingness to embrace technology and employ lessons learned to improve operational due diligence processes

Provide strategic mentorship and coaching to team members, fostering growth and improving skill sets

Interact with Raymond James Financial Advisors to answer questions about the operational infrastructure of funds on the Raymond James platform

Actively support the AIG product teams’ efforts to ensure platform competitiveness and advisor satisfaction while meeting the firm’s regulatory/oversight responsibilities

Develop and/or distribute topical reports to educate advisors on pertinent regulatory updates or industry trends related to operational due diligence topics

Maintain an archive of relevant regulatory updates and educational materials that may be easily referenced by advisors and other employees of the AIG team

Perform other duties and responsibilities as assigned

Qualification

Operational due diligenceFund accounting proceduresFinancial analysisInvestment managementExcelCommunicationProject managementRegulatory knowledgeTeam leadershipDetail-orientedInterpersonal skillsMentorshipAdaptability

Required

Bachelor's Degree (B.A.) in accounting or finance and a minimum of five to seven (5-7) years of experience at a broker/dealer, hedge fund, private equity firm, or similar in a related role

Any equivalent combination of experience, education, and/or training approved by Human Resources

General Experience – 10 to 15 years

Manager Experience - 6 to 10 years

Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Operations of broker dealers, hedge funds, private equity, and similar firms

Fund accounting procedures and audit

Complex investment concepts, practices and procedures used in the securities industry

Financial markets and complex products

Quantitative and qualitative understanding of the investment management business and performance measurement

Understanding of major securities acts and how they apply to alternative investment funds

Excellent written and verbal communication across varying groups and individuals, both formal and informal

Performance calculations

Analyzing financial information including audited financial statements

Proficiency in Excel and Access

Produce accurate information on products and projects

Exhibit excellent written, verbal and interpersonal communication skills, as this position will be a contact point for Financial Advisors who wish to talk in detail about all aspects of AIG and specifics about investment managers and performance reporting

Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment

Attend to detail while maintaining the big picture orientation

Read, interpret, analyze and apply information from professional publications

Meet many deadlines to provide quarterly and monthly data to internal associates and external Financial Advisors

Work independently as well as in a team environment

Assist in leading meetings and contribute to team efforts by ensuring all relevant information is included in the outcomes

Preferred

CAIA, CFA, or CPA

Company

Raymond James

Raymond James provides a range of investment banking services focused on the telecommunications and communications sectors.

Founded in 1962

Atlanta, Georgia, USA

10001+ employees

http://www.raymondjames.com

H1B Sponsorship

Raymond James has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2023 (1)