Associate - Investor Services
The Investor Services Associate administers investor activity for our Hedge Fund clients.
Responsibilities:
- Act as point of contact for and respond to inquiries/issues raised by fund investors and managers
- Review, understand and have ability to discuss fund PPMs/OMs and Subscription documents
- Process investor subscriptions and redemptions in accordance with the funds’ offering documents
- Process transfer/assignment requests in accordance with investor/fund manager instructions
- Execute distribution change requests in accordance with investor/fund manager instructions
- Review/Approve transactions entered by fellow team members
- Prepare and distribute investor transaction reports to accounting and fund managers to communicate monthly and pending activity
- Prepare and validate investor statements against accounting information
- Prepare investor statements for distribution in accordance with investor instructions
- Compile wire transfer requests in accordance with investor/fund manager instructions
- Maintain and update investor wire instructions
- Monitor bank account activity on an ongoing basis to confirm movement of funds
- Maintain database and dashboard to keep them accurate and current
- Prepare miscellaneous distributions in accordance with instructions from fund manager. i.e. Performance Letters, K1’s, audited financial statements, etc.
- Prepare fund manager reports per or upon request. i.e. ERISA, Blue Sky, etc.
- Perform database and application testing as warranted
- Load historical documents for conversion accounts
- Perform other duties as requested
Required Skills & Experience:
- Bachelor’s Degree in Business Administration, Finance, Accounting or similar field
- 1–3 years’ business experience, financial services experience a plus
- Strong knowledge of Microsoft Office product suite
- Excellent written & verbal communication skills
- Strong organizational skills and adaptable to various software/database applications
- Proven ability to work as part of a team