Job Description
Job DescriptionSalary: $70,000-$80,000/year
Overview
The Investment Operations Associate (Associate) supports the operations team, key processes, and projects. The Associates responsibilities include serving as subject matter expert for the firms investment management system. The Associate is responsible for aggregating, normalizing, maintaining, and auditing data to ensure accurate and timely performance calculation, analytics, and reporting for the investment team and clients. To succeed, the Associate must have excellent organization, time management, analytic, and communication skills.
Key Areas of Responsibility
General
- Serve as expert for the firms processes and systems related to investment data aggregation, partnership accounting, investment management, data, performance calculations, and reporting.
- Aggregate, normalize, maintain, and audit data in the investment management system to ensure accurate and timely analysis and reporting.
- Develop and generate investment and portfolio reports.
- Support the investment and portfolio management teams to identify needs, develop, and produce analyses, reports, and insights.
- Learn and support investment operations processes and workflows and provide recommendations to promote efficiency and effectiveness.
- Maintain department policies and procedures.
- Lead or actively participate in department meetings, projects, and initiatives.
- Oversee and audit work and deliverables of colleagues and processes.
- Back-up the Senior Investment Operations Associate and other team members as requested.
Private Equity Program
- Onboard new investment funds on various systems to ensure data is timely and accurately ingested.
- Input, maintain, and audit data for capital calls, distributions, and valuations.
- Develop and maintain appropriate documentation in document management system.
Investment Management
- Serve as subject matter expert for Canoe Intelligence, Caissa investment management, and other assigned systems.
- Onboard new portfolios including:
- Timely and accurate opening of new entities, client portfolios and groups
- Ensuring portfolio commitments are maintained in systems.
- Developing and maintaining data lineage, mapping, normalization, and accuracy of data across systems.
- Ensure accuracy and resolution of undefined or duplicate securities, security classifications, and asset class schemas in the investment management system.
- Develop and maintain a data governance process through the definition of data standards, policies, procedures, and other documentation.
- Develop and implement training and support programs to ensure employees effectively utilize investment management data, applications, and reports.
Investment Reporting
- Support the Senior Associate and Manager as liaisons to the investment, portfolio management, and wealth management teams. Support the development and maintenance of insights, metrics, trends, and risks associated with fund investments and portfolios.
- Develop and generate periodic and ad hoc analytics and reports as requested.
Investment Operations & Waycrosse
- Support wire processes, ensuring accuracy and adherence to money movement procedures.
- Collaborate with the Senior and Manager to design, develop, and maintain visualizations, analyses, reports, dashboards, workflows, KPIs, and other tools to enable the team to monitor, manage, and audit processes.
- Support projects and special reporting as assigned.
- Serve as backup to the Senior Associate.
Professional Qualifications
- Bachelors degree in economics, accounting, finance, or business. Relevant professional certifications a plus (CPA, MBA, CFA).
- 4+ years relevant work experience in investment operations, finance, accounting, or professional services with demonstrated success in data management, investments, analytics, accounting principles, and project management.
- Experience with Investment Book of Record systems such as Caissa, BlackRock, Geneva, Charles River, Solovis, Limina, or Addepar a plus.
- Experience creating data visualization and data models in Power BI or similar a plus.
- Experience with large data sets, reconciliation, performance calculations, and analytics.
- Expert level proficiency in Excel. Proficiency in Microsoft Office.
- Strong interpersonal, consultative, and critical thinking skills.
- Exceptional analytic, verbal, written, and presentation skills.
- Strong attention to detail, and the ability to balance multiple priorities, projects, and deadlines.
- Curious, goal oriented, and initiative-taking with a passion for supporting transformative change.
- Ability to lead and manage processes and projects.
- Ability to proactively identify, suggest, and implement process improvements.
- Ability to maintain a prominent level of integrity and discretion handling confidential information.
- Ability to complete a high volume of tasks and projects with little or no guidance.
Working Conditions
The physical working conditions of this position include an office environment where sitting and working on a computer for extended periods of time are common.
Hybrid Work Environment
We operate a hybrid work environment. Employees are required to be in the office Wednesdays and a minimum of two other days per week, for a total of three days in office and two days remote. However, during the initial training period new employees are expected to be in the office 5 days per week. This work arrangement is subject to change at the discretion of Waycrosse.
Benefits Overview
Waycrosse, Inc. provides employees with a comprehensive benefit program including but not limited to medical, dental, life, vision, retirement (401K), and disability plans.