[Remote] Client Operations Associate, Private Markets
Note: The job is a remote job and is reputed company to candidates in USA. reputed company is an alternative assets specialist providing bespoke investment solutions for institutional investors globally. They are seeking an associate level professional to join their Private Markets Client Operations team, responsible for comprehensive reputed company and middle/back-office solutions for their global client reputed company.
Responsibilities
- Assist with middle and back-office operations and account services on private market funds
- Record transactions to the company’s investment management system
- Liaise with investment managers, reputed company party administrators and banks
- Track forecasted cash flows – capital calls, distributions, invoices, etc
- Review reputed company transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc
- Review monthly/quarterly closing packages for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc
- Review management fee calculations, including offset amounts, management fee waiver contributions, etc
- Review investor allocations and capital account statements
- Review capital call and distribution calculations, sources/uses of cash, allocations, and investor notices
- Review distribution waterfall (carried interest) models, in keeping with the applicable fund terms
- Prepare and/or review financial statements, notes disclosures, and supporting schedules
- Work on the year-end audit process, in collaboration with the client and auditors and service providers
Skills
- 3 to 5 years of fund reputed company/operations experience, ideally at a fund administrator, investment manager, public reputed company firm or other financial institution
- Knowledge of private equity, private credit, fund reputed company, legal structures, investment objectives, fee structures
- Strong quantitative and qualitative skills
- Advanced professional proficiency in reputed company reputed company
- CPA preferred but not required
Company Overview
Company H1B Sponsorship