Fund Operations Analyst

Commonfund • Wilton, CT

70d

About The Position

We are seeking a technically skilled recent graduate with a foundation in data science, computer science, or engineering who is interested in applying their expertise to investment operations. This role is ideal for an analytical problem solver who wants to learn institutional investment fund operations while applying technical skills to build efficiency into the fund oversight process. As a Fund Operations Analyst, you'll be responsible for various control procedures utilized to ensure timely and accurate reporting of valuations, performance and trading activity for institutional investment funds. You will help to bridge complex financial operations with modern automation techniques. This will include developing scripts that streamline manual processes, creating tools that identify discrepancies across large datasets, and transforming data from multiple sources into actionable insights. This position offers the opportunity to apply technical skills to optimize mission-critical fund operations while gaining exposure to institutional investment management.

Requirements

• Bachelor's degree in Data Science, Computer Science, Engineering, Finance, Accounting, or related field
• Demonstrated programming proficiency in Python, SQL, Java, or similar languages
• Advanced Excel skills with experience in automation (macros, VBA, or Python integration)
• Strong analytical and problem-solving abilities with exceptional attention to detail
• Excellent written and verbal communication skills, including the ability to explain technical concepts to non-technical audiences

Nice To Haves

• Prior exposure to investment accounting, fund operations, or financial services
• Familiarity with hedge funds, private equity, or alternative investment structures
• Experience with data visualization tools such as Tableau or Power BI
• Academic coursework or project experience in financial modeling or quantitative analysis

Responsibilities

• Data reconciliation: Match investment manager data against administrator records across multiple sources
• Fund NAVs: Review fund accounting packages to verify accuracy of fund Net Asset Values
• Performance analytics: Compare fund returns against benchmarks, investigate variances, and identify trends
• Risk identification: Spot potential valuation issues, trade breaks, and reporting errors before they escalate
• Cash flow modeling: Track and allocate capital movements across funds and separate accounts
• Reporting: Assist with year-end audits, financial statement reviews, and regulatory reporting
• Develop automation tools using Python, SQL, or similar languages to reconcile data from investment managers, administrators, and custodians
• Create scripts and dashboards that flag discrepancies automatically instead of relying on manual reviews
• Optimize existing processes by identifying bottlenecks and implementing data-driven solutions
• Integrate new technologies into daily workflows (Canoe, Salesforce, Power BI, internal databases)
• Design and monitor data validation systems for daily, weekly, and monthly fund valuations
• Work with investment teams, external managers, and administrators to resolve discrepancies
• Support fund launches and manager transitions as the technical point of contact
• Contribute to special projects including due diligence analysis and process improvement initiatives

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree