Senior Associate, Alternative Investor Services

About the role

The Alternative Investor Services Team delivers comprehensive fund administration for domestic and offshore Hedge and Private Equity Funds. Core functions include investor transaction processing, compliance and due diligence, reporting and communications, and investor onboarding and maintenance.

Responsibilities

• Act as main contact for fund investors and managers via email and telephone correspondence.
• Process investor subscription and redemption activity in accordance with the fund’s offering documents and anti-money laundering (AML) requirements.
• Communicate pending transactions to fund management as required.
• Prepare and validate investor statements to fund accounting information.
• Prepare distribution of investor statements, letters and miscellaneous documents in accordance with investor and fund management instructions.
• Ensure distribution information is up to date and compliant in accordance with investor and fund management instructions.
• Prepare wire transfer instructions in accordance with investor and/or fund management instructions through various Internet banking platforms.
• Confirm expected cash activity was processed by the bank and communicated to fund accounting and/or fund management.

Requirements

• Bachelor's degree in Business Administration, Finance or similar field.
• 5 - 2 years’ experience in Financial Services, Fund Administration.
• Previous experience in any of the following: banking, hedge funds, private equity funds.
• Knowledge of Anti-Money Laundering and KYC procedures is a plus.
• Strong Communication skills both oral and written.
• Excellent interpersonal skills and customer service orientation.

Qualifications

• Advanced knowledge of Microsoft Office product suite, specifically Excel.
• Compliance framework for fund administration.
• Mentoring/Coaching leadership style as related to fund administration or financial services.

Benefits

• Medical, dental, and vision coverage.
• A 401(k) plan with company match.
• Paid time off, holidays, and parental leave.
• Professional development reimbursement opportunity.

Pay

• New Jersey: The expected base salary for the position is between $63,000 USD to $135,000 USD.
• New York: The expected base salary for the position is between $63,000 USD to $135,000 USD.

Schedule

• Work onsite 6 days per month.