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Raymond James · 1 week ago

Operational Due Diligence Analyst, Alternative Investments

St. Petersburg, FL

Full-time

Hybrid

Entry, Mid Level

1+ years exp

Raymond James is a financial services firm that offers a range of investment solutions. They are seeking an Operational Due Diligence Analyst to develop and maintain an operational due diligence program for alternative investments, analyze fund operations, and prepare reports based on their findings.

BankingFinancial ServicesInformation TechnologyInsuranceWealth Management

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Assist in the development and maintenance of a formal operational due diligence plan. Update design as needed on a regular basis

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

Conduct onsite due diligence reviews on third party 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 funds' adherence to internal compliance policies and regulatory requirements

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

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

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

Perform other duties and responsibilities as assigned

Qualification

Operational due diligenceFund accounting proceduresFinancial analysisExcel proficiencyInvestment conceptsRegulatory knowledgePerformance measurementCommunication skillsTeam collaborationDetail-orientedProject management

Required

Bachelor's Degree (B.A.) in accounting or finance and prefer a minimum of two years of experience at a broker/dealer or hedge fund or private equity firm

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

SIE required provided that an exemption or grandfathering cannot be applied

Series 7 within 6 months

Knowledge of operations of broker dealers, hedge funds, and private equity firms

Knowledge of fund accounting procedures and audit

Knowledge of intermediate investment concepts, practices and procedures used in the securities industry

Knowledge of financial markets and products

Knowledge of quantitative and qualitative understanding of the investment management business and performance measurement

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

Skill in performance calculations

Skill in analyzing financial information including audited financial statements

Skill in proficiency in Excel and Access

Ability to produce accurate information on products and projects

Ability to exhibit excellent written, verbal and interpersonal communication skills

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

Ability to attend to detail while maintaining the big picture orientation

Ability to read, interpret, analyze and apply information from professional publications

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

Ability to work independently as well as in a team environment

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

Preferred

Prefer candidate for the CFA, CIMA or CAIA

Bachelor's: Accounting

Bachelor's: Business Administration

Bachelor's: Data Processing

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

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Trends of Total Sponsorships

2023 (1)