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CIBC · 1 month ago

Director of Private Funds Support

Denver, CO

Full-time

Onsite

Mid Level

4+ years exp

CIBC is building a relationship-oriented bank for the modern world and is seeking a Director of Private Funds Support. This role involves working closely with investment teams and external partners to manage administrative processes for alternative investments, as well as developing training materials and providing support to client service teams.

BankingCredit CardsFinancial Services

No H1B

Responsibilities

Work closely with investment team, operations and private funds team to understand the processes and requirements for alternative investment products

Subject matter expert for private placement memorandum procedure (suitability & distribution), subscription documents (procedure for submission, completion and supporting documentation requirement), and post-trade support (capital call processing, asset booking and pricing)

Develop and maintain educational and training materials for all products. Host regular training sessions and is an available resource for the relationship management teams to provide on-going support

Continuously engage external custodian partners to understand paperwork and processing requirements for new alternative investments, additional purchase and transfer requests

Research, follow-up and assist with the resolution of inquiries and problems through effective interaction with custodial partners, relationship management teams, and private fund & operations departments in a timely and professional manner

Participates in ongoing process improvements based on specialized skills, knowledge, and experience

Participate in other duties as requested

Qualification

Alternative InvestmentsFund AdministrationPrivate Placement DocumentsFinancial Industry ExperienceKYC/AML ProceduresFollow-up SkillsMulti-taskingProprietary Software LearningMicrosoft Office ProficiencyCommunication SkillsProblem SolvingTeamworkOrganizational SkillsAdaptability

Required

Knowledge of trusts and various investment account registration types

High level of comfort communicating directly with relationship management teams

Understanding of or aptitude & ability to learn about alternative investments and the impact on processing and the client experience

A genuine desire and capability to work in a professional and inclusive environment which requires teamwork, exceptional problem-solving skills, frequent re-prioritization, ongoing and comprehensive communication, constant attention to detail, and a commitment to continuous improvement and best practices

Strong organizational skills necessary to manage working with multiple relationship management teams at once

Ability to work independently and be self-motivated, but also able to collaborate with other departments and client service teams as needed

Follow-up skills essential

Excellent written and oral communication skills

Ability to multi-task and manage priorities effectively with minimal direction

Capacity to adapt to a rapidly changing business and technology environment

Ability to learn proprietary software and databases

Highly proficient user of Word, PowerPoint, Outlook, Adobe Acrobat and Excel

Preferred

Bachelor's degree with 4 - 6 years of previous professional experience in finance, fund administration, alternative asset trading platforms, or investor relations preferred

3 – 5 years of financial industry. Client servicing experience preferred

Experience completing private placement subscription documents and KYC/AML procedures preferred