Portfolio Performance Associate Jobs

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

Working Arrangement

Hybrid

The Opportunity

MIM PE&C is seeking a Portfolio Performance Associate to join its growing team. MIM PE&C manages investments and client accounts across multiple investment programs that continue to grow and evolve. The individual will be responsible for providing operational support to the investment, investor relations, and management teams across MIM PE&C’s investment programs. The individual will work with the team to meet all its performance and financial reporting requirements in a timely and efficient manner while promoting an environment of compliance, efficiency, accuracy, quality, and control.

Key Responsibilities
Performance and Compliance Reporting

• Obtain strong understanding of performance calculations in various systems and calculate manually as needed.
• Conduct reviews of dataset and supporting files of analysts to ensure accuracy, quality, and all necessary steps have been performed well.
• Coordinate quarterly compliance requests and AUM reporting.
• Prepare standard and ad-hoc performance reports on a daily / monthly / quarterly basis that support various internal groups, portfolio management and executive management.
• Respond to inquiries, on both a recurring and ad hoc basis related to performance data from internal and external groups.
• Prepare quarterly performance reporting and track records, and calculate performance returns at the deal level and fund level - IRR, Multiples, etc.
• Take the lead role in resolving data discrepancies in the reporting, while looking for better ways to distribute reporting as a whole.

Portfolio Management & Monitoring

• Provide timely support to clients, senior management, internal groups, and underlying fund sponsors through regular communications and ongoing diligence.
• Support the IR team with quarterly marketing materials as part of investor presentations and fundraising efforts.
• Prepare quarterly income projections/forecasts for each portfolio.
• Review fund governing documents, subscriptions documents, side letter, PPM, and investment management agreements to ensure proper application of fund terms, fee structures and reporting requirements
• Work closely with portfolio managers and associates from various programs on deal closing, and asset allocation among affiliate entities.
• Oversee all financial components of the firm’s capital solutions includes equity co-investments, fund of funds, and mezzanine debt.
• Provide guidance to underlying operation teams on setting up new investments to internal systems and prepare for the initial funding.

What Motivates You?

• You share your humanity, helping us build a diverse and inclusive work environment for everyone.
• You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
• You do what is right, work with integrity and speak up.
• You thrive in teams and enjoy getting things done together.
• You obsess about customers, listen, engage, and act for their benefit.
• You take ownership and build solutions, focusing on what matters.

What We Are Looking For

• A good understanding of private equity investments and legal agreements.
• Demonstrate experience building and maintaining effective business relationships at all levels, both internally and externally.
• Self-directed, analytical, and able to make sound judgments.
• Able to work independently and as a team member effectively.
• At least 2-6 years of professional experience as an alternative investment manager in a portfolio management support role.
• Strong organizational skills with the ability to multitask and prioritize workload to meet deadlines.
• BS or MS in Accounting, Finance, or a related major.
• A good understanding of the concepts surrounding asset management operations from the front office to back office.
• Strong interpersonal and communication skills with the ability to articulate information and ideas effectively.
• Proficient in Microsoft Suite with a strong understanding of Excel.
• Working knowledge of financial databases, preferably related to private equity investments.
• Working knowledge of INVESTRAN preferred but not required.

What can we offer you?

• A focus on growing your career path with us.
• A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
• Professional development and leadership opportunities.
• Flexible work policies and strong work-life balance.
• A competitive salary and benefits packages.

Our commitment to you

• Values-first culture We lead with our Values every day and bring them to life together.
• Championing Corporate Citizenship We build a business that benefits all stakeholders and has a positive social and environmental impact.
• Delivering the promise of Diversity, Equity and Inclusion We foster an inclusive workplace where everyone thrives.
• Boundless opportunity We create opportunities to learn and grow at every stage of your career.
• Continuous innovation We invite you to help redefine the future of financial services.

About Manulife And John Hancock
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].
Salary & Benefits
The annual base salary for this role is listed below.
Primary Location
Boston, Massachusetts
Salary range is expected to be between
$66,675.00 USD - $111,125.00 USD
If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.
Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify I Pay Transparency
Company: John Hancock Life Insurance Company (U.S.A.)