Trade and Treasury Operations Associate

Partners Capital•Boston, MA

8d•$65,000 - $80,000•Onsite

About The Position

The Trade and Treasury Operations, Associate located in Boston will play a critical role in supporting the trade execution, settlement, and treasury functions supporting the firm’s clients and multi-asset pooled vehicles through the completion of investment execution. This position involves managing complex trade and cash flow activities across a wide range of asset classes and investment strategies, ensuring seamless operational efficiency, and maintaining strong oversight of liquidity and cash management. As key stakeholders of investment execution, Trade Operations and Treasury team members are expected to have a high degree of attention to detail and understanding our execution policies and procedures. The candidate will be an integral member of the global Client Operations Team, with broad scope for progression into multiple specialist functions within the team. The role has a wide-ranging responsibility and involves working with the Operations and Investment teams across all offices. The candidate should be hardworking and must be able to interact with colleagues and third parties, prioritizing and completing multiple tasks and meeting key investment deadlines. The company has a ‘small business’ atmosphere and attitude. The successful candidate should be ready for wide-ranging responsibilities in multiple areas and will be expected to be flexible and willing to do whatever it takes to contribute to the firm’s continued success.

Requirements

1-3+ years of experience in trade operations, treasury, or investment operations (preferably in an OCIO, asset management, or institutional environment)
Bachelor’s degree in finance, Economics, Accounting, or a related field
High degree of attention to detail and experience inputting and reviewing large sets of data and documents
Experience with complex portfolio structures and multi-currency environments
Knowledge of regulatory requirements related to trading and cash management
Articulate self-starter with strong analytical and organizational skills
Bloomberg experience both in general and execution specifically
Experience with custodian portals of all kinds
Ability to multi-task and prioritize daily workloads while working efficiently and accurately
High degree of integrity and professionalism with strong interpersonal and communication skills
Team player who is willing to do whatever it takes to contribute to the success of the business
Comfortable receiving and providing feedback from/to direct manager and Partners

Nice To Haves

Grasp a detailed understanding of alternative investment products, with specific attention paid to the terms of the funds (e.g. fee classes, minimums, fund notice periods, gates, lock-up periods)

Responsibilities

Prepare complete and accurate investment documentation for client execution (e.g. hedge fund subscription and redemption documents, etc.)
Prepare and review wires across various custodians — including capital calls, subscriptions, and other fund transactions — ensuring accuracy and timely execution.
Perform detailed reviews of execution instructions and investment documentation
Submit fully executed subscription documentation to fund managers, ensuring timely confirmation of receipt and that all materials are in good order.
Manage the end-to-end execution process across a broad client base, coordinating and communicating effectively across internal teams to ensure all deadlines are met.
Manage daily cash flow and liquidity across multiple portfolios and currencies.
Execute cash movements, wire transfers, and funding activities in alignment with portfolio strategies and cash needs.
Monitor and forecast liquidity needs to support portfolio rebalancing and capital calls.
Ensure accurate reconciliation of cash balances and activity across all custodian accounts.
Support the implementation and enhancement of treasury management systems and tools.
Coordinate funding for private market investments, ensuring appropriate capital reserves.
Work closely with investment teams to manage liquidity for both strategic and tactical asset allocation decisions.
Track capital activity and provide reporting to portfolio managers and senior management
Continuously assess existing processes and procedures, providing actionable recommendations for improvement.
Collaborate across teams and the broader Firm to drive and implement process improvement initiatives.
Support senior management with a range of strategic and tactical projects as required.
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.