CIBC US · 1 week ago
Director of Private Funds Support
Boston, MA
Full-time
Onsite
Mid Level
$105K/yr - $120K/yr
4+ years expCIBC US is building a relationship-oriented bank for the modern world, seeking talented professionals dedicated to client service. The Director of Private Funds will work closely with various teams to become a subject matter expert on administrative processes for alternative investments and support client service teams.
BankingFinancial 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
Required
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
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
Benefits
Medical
Dental
Vision
Health Savings Account
Life Insurance
Disability
Other Insurance Plans
Paid Time Off (including Sick Leave, Parental Leave and Vacation)
Holidays
401(k)
Banking benefits
Wellbeing support
MomentMakers, our social, points-based recognition program
Purpose Day; a paid day off dedicated for you to use to invest in your growth and development
Company
CIBC US
CIBC US provides tailored commercial and personal banking services, private banking, wealth management and small business financial solutions.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Brant Ahrens
Chief Administrative Officer
Recent News
2026-01-20
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