Alternative Investments Supervisor

U.S. Bank National Association • Hackensack, NJ

7d • Hybrid

About The Position

Supervises a team of administrators who are responsible for providing accounting, administration and investor servicing to investment companies and advisers. Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments. Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs. Proactively identifies risk-related issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions. Reviews LPA and other governing documents to extract key economics and set-up/processing of complex expense and incentive fee calculations. Hands-on involvement in preparing and reviewing workpapers for complex fund structures.

Requirements

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

Nice To Haves

• Working knowledge of Microsoft Office products
• Thorough knowledge of Advent applications preferred
• 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

Responsibilities

• Supervises a team of administrators who are responsible for providing accounting, administration and investor servicing to investment companies and advisers.
• Serves as trusted advisor to clients by continually assessing changing business and strategies, as well as providing expertise, tools and information to focus on growing investments.
• Acts as the escalation point for all clients assigned to the team and directs issue resolution and process changes to support client needs.
• Proactively identifies risk-related issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions.
• Reviews LPA and other governing documents to extract key economics and set-up/processing of complex expense and incentive fee calculations.
• Hands-on involvement in preparing and reviewing workpapers for complex fund structures.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• 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 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees