Investment Operations Associate - Investment Operations & Risk Management Team
About The Position
The Investment Operations Associate is a member of CornerStone’s Investment Operations and Risk Management team and helps maintain and support the firm’s investment book of record. The role uses investment technology solutions and AI-assisted workflows to capture, record, and reconcile investment accounting data, and is suited to someone who is detail-oriented, curious, accountable, and skilled at problem-solving. The Associate reports to the Director of Investment Operations and Risk Management and works with client accounting and reporting, manager selection, and portfolio management colleagues. The team delivers investment data and analytics for nonprofit clients whose portfolios fund their missions. The position requires a minimum of two days per week with the team in CornerStone’s Charlottesville office, with additional office time during the initial training period.
Requirements
- Bachelor’s degree in accounting, finance, or a related field.
- 1–5+ years of relevant experience in professional accounting, investment operations, investment accounting, performance reporting, or a related field.
- Experience working with large datasets and multiple technology platforms or systems.
- Strong foundation in accounting principles and proven ability to investigate and resolve accounting complexities.
- Exceptional attention to detail and a strong commitment to data accuracy.
- Ability to work independently and collaboratively in a team environment.
- Positive attitude, team-oriented mindset, and willingness to contribute to process improvement.
Nice To Haves
- Experience in an institutional investment office.
- Familiarity with Burgiss and MSCI TPM.
Responsibilities
- Review and record investment accounting activities, including NAVs and transaction details, using internal tools and AI-assisted workflows, and identify and resolve exceptions or discrepancies.
- Monitor cash activity, subscriptions, redemptions, capital calls, and distributions across investment portfolios.
- Reconcile internal accounting records with third-party records.
- Develop a strong understanding of the investment book of record and contribute significantly to maintaining third-party accounting and performance systems.
- Develop expertise in accounting and performance analytics for alternative investments, especially private markets investments.
- Maintain and enhance internal controls, documentation standards, and accounting procedures related to investment operations.
Benefits
- Annual bonus.
- Group health insurance.
- Short- and long-term disability insurance.
- Life insurance.
- Employer retirement plan contribution.
- Generous benefits package.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
