Operations Due Diligence Associate
New York, New York • $80,000 - $100,000
About the Company:
Our client a $20 Billion investment manager with funds of funds, including those focused exclusively on co-investments, and direct lending businesses. The team is responsible for the due diligence of the underlying fund managers processes within the FOF business, which includes coverage of approximately 80-90 fund managers globally.
Responsibilities
- Gather and review prospective and current underlying manager information (i.e. PPMs, audited financial statements, due diligence questionnaires)
- Review background checks of key personnel of prospective and current underlying managers
- Participate in onsite due diligence meetings with prospective and current underlying managers and their respective administrators and document the findings in the proprietary due diligence system.
- Document and communicate the assessment of the underlying manager’s operations and back office environment with the investment team and operations team
- Participate in the ongoing review and revision of manager operational due diligence documents (back office review, administrator review, financial statements, administrator transparency reports)
- Beta testing of new technology applications and make recommendations regarding future improvements.
- Work with marketing and investor relations and other groups within the firm to provide information for external communications
Requirements:
- Bachelor’s degree required
- 3-5 years of experience, including hedge fund audit experience
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Personable
- Excellent writing and communications skills
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