Associate, Investment Operations

Cambridge Associates LLC; Greater London; On-site; GBP 54,000 - 70,000; Full time

Benefits offered by this job

Bonus eligibility

Comprehensive benefits package

Job summary

Cambridge Associates in the United Kingdom seeks an Investment Operations Associate to manage trade execution and lifecycle, cash wires, and reconciliation across hedge funds, private equity, mutual funds, and more. You will collaborate with custodians, banks, and internal teams to ensure precise processing.

The role emphasizes attention to detail, time management, and a proactive approach to risk management in a fast-paced, growing environment.

Qualifications

• Bachelor’s degree in accounting, finance, or business required or equivalent experience.
• Experience in investment operations, financial services, or related field preferred.
• Advanced Excel skills and strong attention to detail essential.

Responsibilities

• Trade execution and lifecycle management across asset classes including ETFs, long-only, hedge funds and private investments.
• Wire execution and cash movements including capital calls, subscriptions, redemptions, and FX transactions.
• Daily cash reconciliation and investigation of breaks with custodians and fund administrators.
• Support AML/KYC requirements for subscription and redemption activity with Client Information Management Team.
• Develop understanding of investment products and operational complexities across asset classes.
• Utilize internal systems to improve efficiency and ensure accurate processing.

Skills

Attention to detail

Communication skills

Advanced Excel

Time management

Cross-functional collaboration

Education

Bachelor’s degree in accounting, finance, or business

Tools

Excel

AI tools

Job description

Firm Overview:

Cambridge Associates (“CA”) is a leading global investment firm. CA’s goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world.

Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting. Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world.

For more information, please visit www.cambridgeassociates.com.

Job Description Summary:

Investment Operations at Cambridge Associates is responsible for the execution and administration of client portfolios. Within this function, the Investment Operations at Cambridge Associates is responsible for the execution and administration of client portfolios. The team oversees cash and security management, trade execution, and the management of trading accounts across a range of CA-managed portfolios. This role offers exposure to both traditional and alternative asset classes. The Investment Operations Associate supports the daily transaction management of CA-managed portfolios invested in hedge funds, private equity, and mutual funds. The role requires frequent collaboration with internal operations and investment teams, as well as external service providers such as custodians, banks, and investment managers. Strong attention to detail, accuracy, and time management are essential for success in this position.

Job Description:

Trade Execution and Lifecycle Management: Prepare and execute nominee trade instructions through custodian banks and brokers, and complete fund subscription and redemption documentation across a range of asset classes in accordance with internal procedures and controls. Types of investments include ETFs, long-only strategies, hedge funds, and private investments. Monitor trades throughout the full transaction lifecycle, working closely with custodians, service providers, and fund administrators to ensure timely execution and the prompt resolution of any issues.

Wire Execution: Prepare and process cash wires for private investment capital calls, alternative asset subscriptions, manager and service provider invoices, client withdrawals, and foreign exchange transactions. Track all wire activity to ensure completion within internal and external deadlines.

Cash Reconciliation: Perform daily reconciliation of cash accounts against custodian bank records. Identify, investigate, and resolve reconciliation breaks, and elevate transaction issues as needed.

AML/KYC and Risk Management: Support AML/KYC requirements as necessary for subscription and redemption activity in partnership with the Client Information Management Team. Identify operational and client risks, adapt processes as needed, and implement proactive solutions to improve controls and reduce risk.

Investment Operations Knowledge: Build and maintain a strong understanding of investment products, structures, and asset classes, including the operational complexities associated with each.

Technology and Operational Excellence: Develop expertise in the systems and applications that support CA’s trading and investment operations processes. Use internal tools and resources effectively to improve efficiency and deliver high-quality work with consistent attention to detail.

Collaboration and Stakeholder Engagement: Work closely with other internal teams to monitor client transactions and improve cross-functional processes. Build strong working relationships with internal and external stakeholders through clear and professional communication.

Project Participation: Contribute to team projects and initiatives by providing insights, support, and subject matter expertise to drive successful outcomes and continuous improvement.

Training and Development: Support the training of team members by sharing knowledge and best practices. Contribute ideas to strengthen training programmes and support the development of others.

Qualifications:

Bachelor’s degree in accounting, finance, or business. Experience in investment operations, financial services, or a related field; equivalent education and experience will also be considered. Experience with wire processing and knowledge of fund-of-funds, hedge funds, and/or private equity funds is preferred. Knowledge of ETF and/or mutual fund trading and settlement. Strong interpersonal, organisational, and communication skills, with excellent attention to detail. Ability to work effectively in a fast‑paced, growing environment and manage multiple priorities under tight deadlines. A proactive approach to identifying and solving problems. Advanced Excel skills preferred. Demonstrated ability to learn quickly and adapt in a dynamic environment. Experience using AI tools and AI literacy would be advantageous.

Base salary range for this role:

Pay Range Minimum: 53700 Pay Range Maximum: 69800 In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.

Employees of Cambridge Associates Ltd. or an affiliated firm, are prohibited from employment or other association with any company, organization, business, or other entity that is involved in any way with the securities or financial services industry except for those entities that are directly affiliated with Cambridge Associates Ltd. Employees are prohibited from acting as a Trustee or Director of, or accepting a similar position of responsibility with, any entity that is a client of or directly affiliated with a client of Cambridge Associates Ltd. or any of its affiliated companies without prior written consent from the Chief Compliance Officer of Cambridge Associates Ltd. Employees are prohibited from serving on the investment or finance committee of any company or organization with investable funds, or likely to develop investable funds, without prior written consent from the Chief Compliance Officer of Cambridge Associates Ltd.

If applying for the role, you need to inform the Recruiter if there are any potential conflicts with the above.

The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co‑workers. Since our founding in 1973, we have been a market leader in building diversified investment portfolios. With 13 offices around the globe and a world‑class network of managers, we offer the scale, resources, and networks of a global firm, coupled with the trust, independence, and personal attention of a boutique firm.

Wherever you are in your career journey, we offer a wide range of opportunities and a truly collaborative, diverse environment. Our work helps our clients do good in the world, and we embrace the opportunity to contribute to their positive impact.

If you need a reasonable accommodation during your application process, please submit a request to [e-mail] that includes your first and last name, email, and type of accommodation(s) requested.

If you need a reasonable accommodation for an interview that is already scheduled, please consult with your recruiter.