Associate, Investment Operations

About the role

The Investment Operations Associate position offers an opportunity to serve as a key member of our centralized investment operations team focused on private fund investments, separately managed accounts, client relationships, AML / KYC requirements, and transaction execution. The role requires strong attention to detail and a high degree of operational and process acumen.

Responsibilities

• Work independently and prioritize tasks based on urgency and deadlines.
• Cook up with necessary parties as needed (including relevant counterparties, custodians, portfolio managers, client teams, research, and Legal & Compliance) to ensure seamless processing of transactions.
• Communicate directly with clients in a timely manner.
• Independently complete fund subscription documents on behalf of clients.
• Independently complete custodian new account opening forms for clients.
• Timely and accurately execute investment operations (i.e. transaction processing, investment funding, cash transfers, facilitate securities trades, wire set-up, standing letters of authorization, etc.) in accordance with guidelines and regulatory requirements.
• Cook up the collection of AML/KYC documents for client investment in funds with external clients and internal teams, applying judgment in response to specific manager requests.
• Using appropriate judgment, escalate issues and inaccuracies to the head of Investment Operations.

Qualifications

• Possess a strong motivation to provide great client service.
• Enjoy problem solving, a fast-paced environment, and working as part of a team.
• Value and model the attributes that make our firm great: collaboration, excellence, good judgement, initiative, innovation, integrity, and leadership.
• Have a bachelor’s degree and one to three years of financial services experience, with exposure to the areas of investment operations, fund administration, data governance, and/or investment management.
• Work well in a “start-up” team environment where accountability and initiative are highly valued.
• Are an intellectually curious, creative problem solver who is not afraid to ask questions.
• Communicate effectively and are comfortable presenting in both verbal and written formats.
• Demonstrate the ability to handle pressure and thrive in a fast-paced, deadline-motivated environment, while maintaining a high level of attention to detail.
• Prioritize operating ethically and professionally, demonstrate a strong sense of integrity, and consistently exercise good judgement.
• Welcome feedback and are quick to act on it.
• Operate with a positive, proactive, “no-job-is-too-small” attitude.

Pay

Pathstone’s expected starting base compensation range for the position as of the time of this posting is $70,000 - $85,000 per year. The actual base compensation selected for this role will be set based on a variety of factors, including (but not limited to) experience, education, specialty and training. The successful candidate(s) may also be eligible for a discretionary bonus award.