Investment Associate

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POST DATE 9/12/2016
END DATE 10/23/2016

Parker and Lynch Chicago, IL

Chicago, IL
AJE Ref #
Job Classification
Full Time
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Company Ref #
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span To apply to this position you must email your resume directly to Andria Goff at br   br In the subject line of your email type “Investment Associate” br   br Our client is one of the world’s largest and most diversified independent alternative asset management firms.  The Firm’s investment management and advisory services span public and private markets, focusing on hedge funds, private equity, infrastructure and real estate. br   br The client is seeking to hire an Investment Associate in Chicago, IL br   br As a member of the Investment Operations team the Associate will have a primary focus on conducting investment operations-related responsibilities pertaining to trade execution, settlement and underlying hedge fund documentation reviews.  Additional responsibilities include ensuring that the decisions of the appropriate governing bodies and committees are implemented. br   br Responsibilities: br The role will be involved in the following activities: br Conduct day-to-day Investment Operations responsibilities for the funds, with a focus on the area of trade execution and settlement which includes ensuring that the decisions of the firm’s Investment Committee and Operations Committee are implemented appropriately.   br Coordinate the implementation of subscribing to, redeeming from and transferring interests among underlying hedge funds and implementing other investment-related decisions.   br Assist with fund launches and fund restructurings by analyzing the fund’s governing documents, abstracting the key provisions of the documentation into databases, coordinating with any third party service providers, and working with underlying hedge funds to execute transactions as necessary. br Interface directly with external clients by preparing and reviewing client reports and communications and implementing customized, client requirements. br Aid in the drafting and negotiation of side letters with external hedge fund managers. br   br Monitor and ensure compliance with internal trading policies and procedures. br   br Review and analyze governing documentation for underlying hedge fund investments in order to understand the terms and conditions of the fund investment in the areas of subscribing to the underlying fund, redeeming from the underlying fund and understanding and executing other investment-related decisions pertaining to the fund investments. br   br Liaise with external hedge fund managers and administrators regarding investment decision making, including preparing required documentation and responding to inquiries from the external hedge fund managers and administrators. br   br Compile, draft and disseminate trade instructions for hedge fund investments, including subscription agreements, redemption notices, transfer agreements, letters of direction and share class elections. br Monitor and ensure proper data integrity and analysis of hedge fund liquidity. br   br Liaise with internal departments, including Investments, Legal, Fund Finance and Client Services to coordinate Investment Operations functions. br   br Design and implement control techniques including liaison with systems staff to develop and implement automated solutions. br   br Participate in and take the lead on special and recurring projects and report results to management. br   br   br Requirements: br The individual in this position should have experience working in the financial industry.  The ideal experience and competencies for the role include the following: br&g