(212) 406-5800

Alternative Investment Support- ($22-25/hr)

Role: Consultant Private Wealth Management- Alternative Investment Support

Position Overview:

The Private Wealth Management Alternative Investment Support Team with the company is responsible for Processing and Booking Capital Calls/Distribution, Reconciliations of Alternative Investments to Custodian and Fund Admins and field phone/email inquiries from Internal and External Teams.  This role supports a rapidly evolving business working closely with internal and external parties to resolve all issues in a timely manner.  This individual should be able to work in a fast paced environment and work well under pressure.  The ideal candidate for this role is expected to understand portfolio accounting and Alternative Investments (Private Equity and/or Hedge Funds).

 

Responsibilities:

  • Daily reconciliation of Alternative Investments to custodian and Fund Admins.
  • Review exception reports and work with to resolve the exception.
  • Monitor mailbox to address Client Admins questions regarding Alternative Investments.
  • Work closely with Technology and Investor Relations to ensure receipt of information from Fund Admins regarding Alternative Investments.
  • Work with internal teams and Custodian to setup New Alternative Investment Funds.
  • Oversee valuation updates in internal accounting system regarding Third Party Alternative Investments.
  • Field phone/email inquiries from internal Wealth Management and Portfolio Management teams questioning internal Portfolio Accounting Alternative Investments records.
  • Various ad hoc projects as needed

 

Qualifications:

  • B.A. degree in Accounting or Finance or equivalent experience
  • 2-5+ years’ experience with middle office, reconciliation, asset manager or prime broker required
  • General product knowledge Alternative Investments (Private Equity and/or Hedge Funds)
  • Excellent time management and organizational skills required with the ability to prioritize and multitask effectively
  • Must be proficient in Excel using pivot tables, vlookups, macros, and If/Then statements
  • Excellent verbal and written communication skills with a strong attention to detail