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Full-Time

Group Head

Alternative Investments Middle and Back Office Support

Confirmed live in the last 24 hours

City of New York

City of New York

1,001-5,000 employees

Provides city services and employment opportunities

Senior, Expert

New York, NY, USA

Category
Asset Management
Investment Banking
Finance & Banking
Required Skills
Data Analysis
Requirements
  • A baccalaureate degree from an accredited college, and six (6) or more years of satisfactory full-time experience in a financial services organization handling either Middle Office functions or Back Office operational support/oversight functions similar to those described in the bulleted list of the job description above; at least 18 months of this experience must have been in an administrative, managerial, or supervisory capacity, supervising professional staff engaged in performing functions mentioned above;
  • Education and/or experience equivalent to "1" above. A graduate degree or a valid New York State Certified Public Accountant (CPA) license can be substituted for two (2) years of professional experience as described in “1” above.
Responsibilities
  • Manage the alternative investments capital call and distribution process, ensuring that all transactions are processed timely and accurately. Review and distribute daily reporting associated with activity;
  • Manage the alternative investments oversight process to ensure that transactions are reflected accurately in the official books and records. Work with alternative’s administrator and third-party consultants to align records and ensure consistency in reporting;
  • Manage reconciliation process of market values for alternative investments as reported in the official books and records to the general partners’ statements;
  • Manage the quarterly fee reporting process which includes the tracking of ILPA fee templates and other fee documents as well as the analysis and reporting of fee data;
  • Manage the reconciliation of IRR and TVPI between consultants and alternative administrator;
  • Participate in discussions with Investment Staff, Investment Managers, Consultants and others to ensure that investments are correctly recorded and reported;
  • Manage the operations due diligence process for potential new alternative investments and participate in operations due diligence meetings;
  • Assist with any automations and conversion efforts to new technology platforms; conduct research to support data analysis and resolve discrepancies;
  • Manage two operations teams including training and development of the team; and, perform other related duties and functions as required.

Working for the City of New York offers a unique opportunity to engage in meaningful public service that directly impacts the lives of over 8 million residents. With a diverse range of career paths across more than 40 agencies, employees can contribute to vital areas such as public health, urban planning, and technology development. The city's commitment to competitive salaries, comprehensive benefits, and a culture of inclusion fosters an environment where talented individuals can thrive while shaping the future of one of the world's most iconic cities.

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%