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Bessemer Trust · 4 weeks ago

Operational Due Diligence Analyst

New York, NY

Full-time

Hybrid

Mid Level

$100K/yr - $150K/yr

3+ years exp

Bessemer Trust is seeking an Operational Due Diligence Analyst to join its Investment Department working as part of the Firm’s dedicated Operational Due Diligence team. The analyst will conduct detailed reviews of asset management firms and their critical operations to identify potential operational, legal, regulatory or reputational risks that could impact Bessemer’s investments across asset classes.

Financial ServicesWealth Management

Responsibilities

Conduct comprehensive operational due diligence reviews of both new and existing external hedge funds, private equity, real assets, and long-only investment managers

Participate in manager due diligence meetings taking an active role in interviewing senior personnel (COO, CFO, CCO, Head of Operations etc.)

Review the legal documentation, audited financial statements as well as operations, compliance, and trading policies and procedures of the external managers prior to investment and as part of ongoing monitoring

Maintain periodic communications with managers to gather updated information related to their business operations and document changes that relate to operational risk

Assist with the distribution of annual questionnaires and review the information obtained

Assist with assessments of industry providers including administrators, compliance consultants, systems, accountants, law firms, and prime brokers

Analyze and document findings in detailed due diligence reports, summarizing risks, mitigants, and recommendations

Collaborate with the internal Legal and Compliance departments as well as the relevant investment teams on matters related to operational due diligence

Track regulatory developments as well as market and industry trends that could impact the asset managers or due diligence procedures

Qualification

Operational due diligenceFund accountingAudit experienceLegalComplianceMicrosoft OfficeCommunication skillsOrganizational skillsInterpersonal skillsTeam playerProblem-solving

Required

Bachelor's degree required

A minimum of 3-5 years direct operational due diligence experience or experience working in related areas of fund accounting (public and private funds), audit, legal and compliance or broader back-office operations

Effective communicator with excellent verbal and written communication skills

Exceptional planning and organizational skills with attention to detail

Ability to handle multiple tasks simultaneously and work under tight deadlines

Positive and flexible attitude

Excellent interpersonal skills

Team player mentality

Highly motivated and self-starter with willingness to take a proactive, problem-solving approach to work

Flexibility to travel

Proficiency in Microsoft Word, Excel, and PowerPoint