Trade and Treasury Operations Associate

About the role

Partners Capital is a Global Investment Office acting for distinguished endowments and foundations, senior investment professionals and prominent families across the globe. The Trade and Treasury Operations, Associate located in Boston will play a critical role in supporting the trade execution, settlement, and treasury functions supporting the firm’s clients and multi-asset pooled vehicles through the completion of investment execution.

The candidate will be an integral member of the global Client Operations Team, with broad scope for progression into multiple specialist functions within the team. The role has a wide-ranging responsibility and involves working with the Operations and Investment teams across all offices.

Responsibilities

• Grasp a detailed understanding of alternative investment products, with specific attention paid to the terms of the funds (e.g. fee classes, minimums, fund notice periods, gates, lock-up periods)
• Prepare complete and accurate investment documentation for client execution (e.g. hedge fund subscription and redemption documents, etc.)
• Prepare and review wires across various custodians — including capital calls, subscriptions, and other fund transactions — ensuring accuracy and timely execution.
• Perform detailed reviews of execution instructions and investment documentation
• Submit fully executed subscription documentation to fund managers, ensuring timely confirmation of receipt and that all materials are in good order.
• Manage the end-to-end execution process across a broad client base, coordinating and communicating effectively across internal teams to ensure all deadlines are met.
• Manage daily cash flow and liquidity across multiple portfolios and currencies.
• Execute cash movements, wire transfers, and funding activities in alignment with portfolio strategies and cash needs.
• Monitor and forecast liquidity needs to support portfolio rebalancing and capital calls.
• Ensure accurate reconciliation of cash balances and activity across all custodian accounts.
• Support the implementation and enhancement of treasury management systems and tools.
• Coordinate funding for private market investments, ensuring appropriate capital reserves.
• Work closely with investment teams to manage liquidity for both strategic and tactical asset allocation decisions.
• Track capital activity and provide reporting to portfolio managers and senior management
• Continuously assess existing processes and procedures, providing actionable recommendations for improvement.
• Collaborate across teams and the broader Firm to drive and implement process improvement initiatives.
• Support senior management with a range of strategic and tactical projects as required.
• Ensure all information security processes, policies and procedures are adhered to and any issues or concerns are raised with the Cyber Security team
• Ensure full compliance with all local data protection regulations and privacy controls, and any related issues are raised via the appropriate channels

Qualifications

• 1-3+ years of experience in trade operations, treasury, or investment operations (preferably in an OCIO, asset management, or institutional environment)
• Bachelor’s degree in finance, Economics, Accounting, or a related field
• High degree of attention to detail and experience inputting and reviewing large sets of data and documents
• Experience with complex portfolio structures and multi-currency environments
• Knowledge of regulatory requirements related to trading and cash management
• Articulate self-starter with strong analytical and organizational skills
• Bloomberg experience both in general and execution specifically
• Experience with custodian portals of all kinds
• Ability to multi-task and prioritize daily workloads while working efficiently and accurately
• High degree of integrity and professionalism with strong interpersonal and communication skills
• Team player who is willing to do whatever it takes to contribute to the success of the business

Benefits

• Professional development and career progression opportunities
• Competitive compensation
• Exceptional benefits, including medical, dental, and vision insurance, short and long-term disability insurance, life insurance, flexible spending accounts, commuter benefits, paid time off and a 401(k) plan with employer matching
• Flexible “results-focused” working model
• Global philanthropy via a charity program and volunteer day
• Wellness and social events
• Support for the pursuit of professional certifications such as the Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), etc.

Pay

A reasonable estimate of the base salary range for this role in Massachusetts is $65,000 - $80,000. The base salary offered will be determined on factors such as experience, skills, training, certifications, and education. Decisions will be determined on a case-by-case basis. The base salary is one element of our competitive compensation package. In addition to the base salary, this position may be eligible for performance-based incentives.