Senior Associate, Operational Due Diligence

Partners Capital • Boston, MA

1d • Hybrid

About The Position

Partners Capital is seeking a Senior Associate to join as a member of the Operational Due Diligence (“ODD”) team in its Boston office. The candidate will lead operational due diligence reviews end-to-end, including gathering manager information, conducting meetings with CFO/COO level employees at investment management firms, assessing key risk areas and preparing detailed reports. This individual will report to Partners Capital’s Head of Operational Due Diligence. As a fast-growing, 400+ person company (with 200+ employees in North America), Partners Capital is seeking someone who is motivated, entrepreneurial, adaptable and excited to join a small team in a fast-paced, dynamic environment. The ideal candidate will exhibit strong verbal and written communication skills and will have prior investment operations, risk management and/or operational due diligence experience.

Requirements

• Bachelor’s degree in Accounting, Business Administration, Finance or a related field is strongly preferred. Relevant professional certifications (e.g., CPA, CFA, CAIA, FRM) a plus.
• 4+ years of relevant experience in operational due diligence, investment operations, risk management, or a related field.
• Strong understanding of alternative investment fund structures, public/private asset classes and investment operations.
• Proficient in Microsoft Office, particularly Excel and PowerPoint. Experience with maintaining databases and using reporting tools (e.g., Power BI) is a plus.
• Excellent verbal and written communication skills, with a proven ability to convey information clearly and interact effectively with internal and external investment managers.
• Highly organized and detail-oriented with a strong commitment to data accuracy and quality reporting.
• Ability to manage several projects simultaneously and meet deadlines in a fast-paced, evolving work environment.
• Excellent problem-solving skills, professional integrity and a critical, analytical mindset.
• Exhibits professionalism, integrity and strong interpersonal skills while fostering a culture of accountability and continuous improvement.

Nice To Haves

• Relevant professional certifications (e.g., CPA, CFA, CAIA, FRM)
• Experience with maintaining databases and using reporting tools (e.g., Power BI)

Responsibilities

• Conduct in-depth ODD reviews of both new and existing investment managers across a range of asset classes, including hedge funds, private equity, real estate, and long-only strategies
• Prepare and present detailed ODD reports that assess key operational risk areas, including staffing, fund accounting, trading operations, compliance policies, valuation procedures, technology infrastructure, data security, and systems and service providers. Present findings and recommendations to research team members and internal committees in a clear and compelling manner.
• Maintain and manage the team’s pipeline, coordinating closely with the Research team to ensure ODD completion in advance of investment committee meetings.
• Work directly with investment managers to coordinate the ODD process, including document collection, leading virtual or on-site meetings, and any follow-ups as appropriate.
• Conduct background checks on key personnel at investment managers and verify third-party service provider relationships, including fund administrators and auditors.
• Ensure timely update of ODD team databases and ensure the accuracy of key manager and fund information in Partners Capital’s internal systems.
• Keep up to date on industry trends, best practices and emerging risks.
• Contribute to broader team or firmwide projects, including identification of process or system improvements, vendor assessments, annual surveys, financial statement reviews, or other projects as agreed.
• Responsible for ensuring all information security processes, policies and procedures are adhered to and any issues or concerns are raised with the Cyber Security team.
• Ensure full compliance with all local data protection regulations and privacy controls, and any related issues are raised via the appropriate channels.

Benefits

• professional development and career progression opportunities
• competitive compensation
• exceptional benefits
• flexible “results-focused” working model
• medical, dental, and vision insurance
• short and long-term disability insurance
• life insurance
• flexible spending accounts
• commuter benefits
• paid time off
• 401(k) plan with employer matching
• global philanthropy via a charity program and volunteer day
• wellness and social events
• support the pursuit of professional certifications such as the Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), etc.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior