Senior Associate, Alternative Investments

Sanctuary Wealth Group LLC•New York, NY

2h•Onsite

About The Position

Support the firm's alternative investments platform across investment diligence, portfolio consulting, operations, transitions, compliance, and legal coordination. The analyst will be trained directly by the senior leader to take ownership of the recurring workflow calendar. Asset classes include: Private equity, private credit, private real assets (real estate and infrastructure), and hedge funds. Structures include LP, BDC, REITs, Tender Offer Funds, Interval Funds, Exchange Funds, 1031 and QOZ Funds.

Requirements

Bachelor’s degree preferred
3–7+ years of experience in alternative investments, wealth management, asset management, or investment research
Experience with private equity, private credit, hedge funds, real estate, REITs, BDCs, or other alternative investment structures
Strong analytical, organizational, and communication skills
Experience reviewing investment materials, subscription documents, and SEC filings
Strong Excel and PowerPoint skills
Ability to manage multiple priorities in a fast-paced environment
Willingness to pursue SIE / Series 7 / Series 63 if required
Ability to travel as needed

Nice To Haves

Experience within an RIA, institutional consulting, OCIO, private bank, or multifamily office environment
Direct manager due diligence or investment research experience
Familiarity with custodians such as Schwab, Fidelity, Pershing, or Goldman Sachs
Experience with alternative investment operations, onboarding, subscriptions, or capital calls
Progress toward or completion of CFA, CAIA, CFP, or MBA preferred

Responsibilities

Conduct in depth due diligence on prospective investment partnerships by evaluating investment strategy, analyzing operational strength.
Analyze data rooms and SEC Filings (e.g.: 10-Q, 8-K, Annual Reports, Prospectus, etc)
Write investment committee memos, summarizing key strengths and weaknesses of investment opportunities for the investment committee.
Maintain pipeline report of ongoing GP relationships with managers by stage of due diligence in CRM.
Participate and lead manager calls and onsite due diligence meetings.
Monitor existing fund recommendations, writing ongoing due diligence reports.
Stay current on sub-asset class dynamics, and recommend suitable, high conviction managers for Partner Firms based on investor goals and strategic asset allocation, as needed.
Provide timely investment reporting, analytics, and strategic recommendations to senior leadership.
Assist with private market primers and outlooks, and other topics of interest as necessary
Respond to Partner firm ad hoc projects around research, asset allocation, manager discussions, and RFPs.
Assist in creating thought leadership for use with partner firm and clients
Develop and update external manager high conviction list, Guide to Alternatives, and operating manual
Record manager and asset class primers/videos for the education library, as needed
Support creating Quarterly Performance Report of approved managers
Aid in compliance by establishing and monitoring risk limits, stress testing by tracking subscriptions
Aid in responding to Partner firm questions on NIGO sub-doc remediation, transfers, reregistration, NAV corrections on custodians
Support to onboarding and integration of new Partner Firms; tracking assets to platform, confirming fund names/share classes; verifying selling/servicing agreements for brokerage share classes.
Participate in weekly transition meetings
Cross reference custodian availability (Pershing, Schwab, Fidelity, Goldman Sachs)
Attend weekly legal calls, aid in execution of legal agreements and maintain legal files
Assist in adding manager tiles to proprietary white label investment platform
Prepare DocuSign packets for authorized signatories

Benefits

Medical, dental, and vision insurance options
Health Savings Account (HSA) programs
Employer-paid life and disability insurance
Wellness initiatives and preventative care support
Competitive base compensation and 10% performance-based annual bonus opportunity
401(k) retirement plan with company match
Employee referral bonus program
Unlimited paid time off (PTO) package
Paid company holidays
Paid parental leave
Hybrid work schedule
Ongoing learning and development opportunities
Professional certification and continuing education support
Career growth and internal mobility opportunities
Access to mentorship and leadership development programs
Company-sponsored events and employee engagement activities
Technology and equipment support for applicable roles
Inclusive and collaborative workplace culture
Volunteer and community engagement opportunities