Hedge Funds and Liquid Alternatives Assistant Vice President
Stifel
Hedge Funds and Liquid Alternatives Assistant Vice President
Stifel
Full-service wealth management and investment banking
The Hedge Funds and Liquid Alternatives Assistant Vice President (AVP) is responsible for sourcing, monitoring and evaluating various hedge fund and liquid alternative investment products, which includes hedge funds, liquid alternative mutual funds, long-only limited partnerships, tax-deferral products, and other alternative investment products. The AVP is also responsible for producing detailed commentary, constructing proposals and ensuring platform coverage in concert with the Manager, Hedge Funds and Liquid Alternative Investments. The position entails building ad hoc reports, updating databases and adapting to the various needs of the department with a high degree of versatility – presenting product, strategy and market commentary with a high degree of professionalism to meet/assist the broader team. This role includes interaction with Financial Advisors and their clients. The Assistant Vice President (AVP) is responsible for sourcing, evaluating, monitoring, and supporting a broad range of alternative investment and tax-aware solutions, including hedge funds, liquid alternative mutual funds, private funds, long-only limited partnerships, exchange funds, tax-aware long/short strategies, opportunity zone funds, 721 exchange strategies, 1031 exchange-related solutions, tax-managed separately managed accounts (SMAs), and other tax-deferral and tax-efficient investment products.
• Responsible for initial underwriting of hedge fund, liquid alternatives and various tax strategies, culminating in the preparation and presentation of initial investment due diligence memoranda to Stifel’s Alternative Investment Working Group.• Responsible for initial underwriting and ongoing due diligence of hedge funds and tax-aware investment solutions, including Exchange Funds, Opportunity Zone Funds, 721 Exchange strategies, Tax-Aware Long/Short SMAs, Tax-Aware Hedge Fund strategies, and other tax-efficient investment vehicles. • Conduct ongoing due diligence of hedge fund and liquid alternative investment products, producing internal research reports.• Prepare quantitative analysis and complementary reports to support and highlight research.• Present in meetings and/or internal calls to financial advisors.• Ensure proprietary databases are maintained and appropriately updated.• Produce strategy highlights on hedge fund and liquid alternative investment strategies.• Engage with industry contacts on new fund launches and developments.• Lead and/or assist originating, structuring, and on-boarding new products.• Prepare, schedule and produce in meetings with product management teams, reviewing product materials, and maintaining detailed notes and files.• Maintain internal website pages for assigned products and assist with cross-departmental initiatives.
• Expert knowledge of hedge fund investment concepts, strategies, and risks.• Expert knowledge of private placement concepts and regulations.• Advanced knowledge of global financial markets and the global investment landscape.• Advanced understanding of investment instruments and portfolio construction techniques. • Ability to present in a professional context and to large audiences of financial professionals.• Ability to cogently explain complex products and situations, both verbally and in writing.• Ability to navigate operate independently with professional judgment and discretion.• Ability to travel and execute research initiatives with high attention to detail.
• Minimum Required: Bachelor's degree in Finance, Business, or a related field, or equivalent experience.• Minimum Required: 3+ years' relevant work experience; hedge fund strategies and related concepts experience preferred.
• Minimum Required: Series 7 or ability to obtain within 12 months of hire date.• Preferred: CFA, CAIA, CFP designations.
• Proficient in Microsoft Office product suites.• Familiarity with Morningstar Direct is preferred.• Familiarity with Bloomberg is preferred.• Familiarity with PowerBi and computer programming languages or concepts is preferred.
Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.
While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success.
At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.
Stifel is an Equal Opportunity Employer.
Compensation: 100000 to 151000 (USD)
Stifel Financial Corp. offers a full range of financial services, including private client brokerage, wealth management, and investment banking. Clients work with financial advisors to build personalized investment plans and execute trades, while its capital markets arm underwrites and distributes securities for institutional clients. The firm differentiates itself by combining private-client advisory services with institutional and capital markets capabilities across a large U.S. and Europe footprint, backed by a long history dating back to 1890. Its goal is to help clients grow, protect, and transfer wealth through coordinated financial advice and market services on a nationwide platform.
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