Alternative Investments Associate

U.S. Bank•Milwaukee, WI

21h•Hybrid

About The Position

At U.S. Bank, the Alternative Investments Associate supervises a team of administrators providing accounting, administration, and investor servicing to investment companies and advisers. The role serves as a trusted advisor to clients by assessing changes in their businesses and strategies and providing expertise, tools, and information to support investment growth. The associate is the escalation point for assigned clients, directs issue resolution and process changes, and identifies risk-related issues by reviewing qualitative and quantitative data. The role anticipates obstacles and implements mitigating solutions. It also reviews accounting and financial statement information for audit and tax reviews, documents and sets up accounting principles for unusual investment types, and sets up and processes complex expense and incentive fee calculations and reconciliation items. This role requires working from a U.S. Bank location three or more days per week.

Requirements

Bachelor's degree in accounting, finance, or a related field, or equivalent experience.
Seven to nine years of experience in the alternative investments industry.

Nice To Haves

Working knowledge of Microsoft Office products.
Thorough knowledge of Advent applications.
Thorough knowledge and understanding of portfolio accounting and the investment management industry.
Excellent verbal and written communication skills.
Proven team-oriented, leadership, and organizational skills.
CPA or CFA certification preferred.

Responsibilities

Supervise a team of administrators responsible for accounting, administration, and investor servicing for investment companies and advisers.
Serve as a trusted advisor to clients by assessing changes in their businesses and strategies and providing expertise, tools, and information to support investment growth.
Act as the escalation point for assigned clients and direct issue resolution and process changes to support client needs.
Identify risk-related issues through review of qualitative and quantitative data, anticipate obstacles, and implement mitigating solutions.
Review accounting and financial statement information for audit and tax reviews.
Document and set up accounting principles for unusual investment types.
Set up and process complex expense and incentive fee calculations and reconciliation items.

Benefits

Medical, dental, and vision healthcare.
Basic term and optional term life insurance.
Short-term and long-term disability insurance.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation, from two to five weeks depending on salary grade and tenure.
Up to 11 paid holiday opportunities.
Adoption assistance.
Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase.
Pension.