Alternative Investment Administrator Oversight Analyst
: Job Details :

Position Type: Contract

Start Date: January 2025

Duration: 12 Months (with potential for extension or Full-Time conversion)

Work Schedule: Monday-Friday, 8 hours per day, 40 hours per week

Location: Chicago, IL (onsite role)

Pay Range: $21 to $24 per hour

Company Overview: Our well-known Financial Services client is one of the world's leading asset managers with over $2 trillion in assets under supervision. They provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about their craft, their clients, and building sustainable success. Bringing together traditional and alternative investments, our client provides their customers around the world with a dedicated partnership and focus on long-term performance.

Position & Team Overview: Our client is seeking a highly motivated and detail-oriented Administrator Oversight Analyst to join their Alternative Investment Client Services Administrator Oversight team. In this capacity, you will work closely with their fund administrators and portfolio managers and coordinate service-related strategies with the goal of providing an optimal client experience. The Alternative Investment Client Services team is a solutions-oriented team seeking to enhance the client experience by developing and monitoring ongoing service-related strategies and controls. The team is responsible for managing relationships with our fund administrators, reporting flows to fund portfolio managers, and processing all fund-related transactions.

Responsibilities:

• Oversee investor transactions in private equity or hedge fund vehicles to ensure accurate trade-flow reporting to portfolio managers.
• Evaluate trade waiver and correction requests from sales teams.
• Oversee the facilitation of investor trade settlement.
• Assist in oversight of vendor relationships (e.g., fund administrators, transfer agents).
• Oversee and coordinate resolution of product servicing issues and errors.
• Implement process improvements/enhancements.
• Improve internal controls over accounting and operational processes.
• Improve collection, dissemination and maintenance of product data attributes.
• Lead ad hoc projects.

Qualifications:

• Bachelor's degree
• 1-3 years of Financial Services experience
• Knowledgeable about the alternative investment industry
• Detail-oriented
• Ability to work effectively in a fast-paced environment and think clearly under pressure.
• Strong organizational/multi-tasking skills
• Leadership - Exchanges information with appropriate people to complete work
• Problem Solving - Solves difficult problems with effective solutions; asks good questions and probes for answers; looks beyond the obvious and does not stop at the first answers.
• Self-Development - Ability to recognize personal skills, abilities, limitations and strengths
• Strong Team Player - Creates strong morale and spirit in his/her team; shares wins and successes.
• Fosters the feeling of belonging in the team.
• Strong communication and interpersonal skills