Senior Associate, Private Wealth Operations

Confidential client opportunity

Senior Associate, Private Wealth Operations

Purpose of Position

This role is in the Private Wealth Operations team, which is led by the Head of Private Wealth Operations. The team has been established to facilitate the operational requirements of servicing the bespoke private wealth channel which includes high net worth investors into our flagship funds, supporting our 40 Act and CIT offerings and working on new initiatives and products.

The incumbent of this position is prohibited from undertaking investment management or providing investment advice.

Key Responsibilities

General Operations Knowledge and support of Private Wealth Initiatives

• Will gain a well-rounded education of the alternative investment space, the dynamics of Private Equity and the cross-section with Private Wealth channels.
• Reduce risk by building upon and documenting current and future processes.
• Work with the Head of Private Wealth Operations to research and produce content and visuals for new fund initiatives
• Develop an understanding on products and operational infrastructure/framework to better understand the flow of information and how data can be extracted from our systems
• Listen and engage in exploratory conversations around new initiatives in order to build a metaphorical library of knowledge on the variety of private wealth channels and offerings.
• The incumbent will be expected to build strong interdepartmental relationships across the firm including Core Operations, Valuations Analytics, Product Control, Investment Structuring, Legal/Compliance, Investor Relations, etc.

Oversight and operations of Private Wealth products

• Work with Private Wealth sales team to handover operations-oriented processes and procedures.
• Support the audit processes of the firm’s private wealth offerings, particularly the Fund and CIT.
• Build and expand upon knowledge of current and pipeline products which we offer to the private wealth sector including, but not limited to, 40 Act funds and defined contribution offering (“CIT”).
• Assist Private Wealth sales organization with ad-hoc projects and queries as needed.
• Work alongside the Head of Private Wealth Operations to build out the Private Wealth Operations function, infrastructure, and team.
• Work closely with Operations teams to ensure custodial recognition process is running properly and remedy or respond to matters as they arise.
• Assist in process improvement projects with relevant parties, both internally and externally, as it relates to private wealth products.
• Build and maintain a relationship/rapport with key private wealth stakeholders, both internally and externally.

Knowledge and Experience Required

• Excellent organisation and planning skills with the ability to prioritize and manage own workload to meet tight deadlines.
• Knowledge of software and tools such as SAP Business Objects/Crystal Reports, PowerBI, Tableau and/or QlikView is a plus.
• Prior work experience in the financial sector with familiarity of the alternative investments or private wealth space required.
• Excellent communication skills, both written and verbal.
• Ideal candidate will have prior working experience in either a front- or middle-office setting with exposure to reporting, client queries, and/or the end-to-end operational processes within a financial firm.
• Should have a professional demeanour and natural high EQ while having a team player attitude with a willingness to learn.
• Strong analytical skills and excellent attention to detail.
• Professional working knowledge of MS Office, with emphasis on PowerPoint and Excel dexterity.

This job description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. You may be required to perform other job-related duties as reasonably requested by your manager.