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Russell Tobin · 6 hours ago

Investment Operations Associate

Conshohocken, PA

Contract

Onsite

Mid Level

$45/hr - $51/hr

3+ years exp

Russell Tobin is a company that supports Investment Teams within the client Investment Management. The Investment Operations Associate will primarily be responsible for operations and portfolio management support activities for Hedge Fund Solutions funds and separately managed accounts.

ConsultingHuman ResourcesLegalStaffing Agency

Hiring Manager

Parth Dua

Responsibilities

Actively monitoring critical investment and investor activity for multiple portfolios and custodian banks, ensuring proper settlement of transactions, including cash distributions and receipts

Developing significant level of expertise of the holdings, terms and transactions of multiple portfolios to provide intuitive and proactive oversight of these portfolios

Overseeing third party service providers in posting activity to the portfolios’ general ledger and maintaining portfolio activity in AIS’s parallel portfolio accounting system, Investran

Reconciling transactions, valuations, management fees, performance fee/carried interest calculations, P&L components, and other activity between Investran and the third party service provider's records on a monthly/quarterly basis to ensure accuracy

Verifying accuracy of investor capital account balances, NAV allocations, and capital activity on a monthly/quarterly basis

Preparing or reviewing monthly performance reports for investment management and clients using valuations from underlying investments, cash balances, and derivatives valuations

Reviewing daily cash reconciliations performed with multiple custodian banks and ensuring outstanding items are resolved on a timely basis

Tracking email correspondence within the AIS Team’s group mailbox and escalating time sensitive correspondence to the appropriate internal parties

Providing regular daily support and responding to numerous ad hoc requests from investment management, investors, and other internal and external stakeholders

Providing support for the AIS Team’s product, regulatory, and other audits; assisting with preparation of materials for periodic board of director meetings; assisting with review of offering documents for new products and supporting other areas of product development, as needed

Working effectively with third party service providers and internal parties to ensure a high level of service for the AIS Team’s products; raising service issues in an appropriate manner and following up issues to resolution; creating or enhancing processes to improve the efficiency of the AIS Team

Performing other related functions or responsibilities as needed or assigned

Qualification

Investment accountingAlternative investment operationsHedge fund accountingInvestranAnalytical skillsMotivatedOrganizational skillsDetail-oriented

Required

Bachelors degree, or equivalent, in Accounting, Finance, or related business field

A minimum of three to five years of investment accounting experience

Strong organizational and analytical skills and the ability to effectively summarize findings, both verbally and in writing, in a clear and concise manner

Detail-oriented and highly motivated