U. S. Bank

Financial Services

InvestorAllocationsSeniorAssociate

$105–123k Hackensack, New Jersey, United States FULL TIME
The Brief

“Investor Allocations Senior Associate at U. S. Bank. Skills: Alternative Investments, Investor Allocations, Fund Accounting, Microsoft Excel. Calculate client fund and investor level NAV. Maintain official books and records of funds”

Industry & Context.

Financial Services
Problems you'll solve

Identify and resolve/escalate complex problems

Eligibility Requirements

FINRA, NMLS registration, Reg Z, Reg G, OFAC, NFA, FCPA, Bank Secrecy Act, SAFE Act

What They're Looking For.

Must Have

Bachelor's degree in Accounting, Finance or a business-related field, Five or more years of experience in alternative investments industry

Nice to Have

Detail-oriented acumen, Ability to identify and resolve/escalate complex problems with minimal guidance, Ability to manage multiple tasks/projects and deadlines simultaneously, Effective interpersonal, verbal and written communication skills, Proficient computer navigation skills using a variety of software packages including Microsoft Office products (with intermediate to expert Excel skills), PCS (Investran) and/or Cascade

What You'll Do.

Calculate client fund and investor level NAV

Maintain official books and records of funds

Prepare investor statements

incentive or carried interest fees

Interpret legal documents

Prepare capital calls

Prepare distribution computations

Prepare rebalancing computations

Prepare notices sent to investors

How You'll Work.

Team & Collaboration

Work closely with operations and investor relations teams; Liaise with fund's auditors; Liaise with financial reporting teams

Communication Scope

Professional communication; Communicate information carefully; Active listening; Written correspondence clear, professional and grammatically correct; Verbal communication skills; Written communication skills

Process & Methodology

Manage multiple tasks/projects and deadlines simultaneously

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