Alt Investments Ops Spec I

UMB Financial Corporation; Milwaukee (WI); On-site; USD 45,000 - 66,000; Full time

Benefits offered by this job

Paid Time Off

401(k) matching

Annual incentive pay

Health insurance

Tuition reimbursement

Wellbeing program

Employee banking benefits

Job summary

UMB Financial Corporation in Milwaukee, WI is seeking an Alternative Investments Operations Specialist I to start the operations process when the Funds Services division acquires new clients. You will review and process documents for all Alternative Investment products and resolve items not in order.

The role involves ensuring accurate, timely processing, participating in client conversions, testing systems, and updating procedures while maintaining high data accuracy.

Qualifications

• Bachelor's degree required.
• At least 1 year of transaction processing experience.

Responsibilities

• Ensure that all transactions are processed accurately, timely, and completed in their entirety
• Participate in projects/project teams and client conversions
• Test new systems and programs to improve efficiency and effectiveness
• Perform comprehensive review of all investor documents to ensure accuracy
• Input investor information into database ensuring 100% accuracy
• Review the work of others specialists and provide constructive feedback
• Assist with writing and updating procedures

Skills

Transaction processing

Education

Bachelor's degree

Job description

The Funds Services division of UMB works with clients to provide accounting, tax, audit, and administrative services for alternative investments, such as private equity funds, hedge funds, and fund of funds, as well as, mutual funds and collective trusts. As the Alternative Investments Operations Specialist I, you will help start the operations process when the Funds Services division acquires new clients. You will be assigned a group of alternative investment clients, and be responsible for processing all documents for Alternative Investment products that UMB services. As documents come to your queue to process, you will review the document to ensure everything is in good order. You will research and resolve items that are not in good order.

How you will spend your time

• Ensure that all transactions are processed accurately, timely, and completed in their entirety
• Participate in projects/project teams and client conversions
• Test new systems and programs to improve efficiency and effectiveness
• Perform comprehensive review of all investor documents to ensure accuracy
• Input investor information into database ensuring 100% accuracy
• Review the work of others specialists and provide constructive feedback
• Assist with writing and updating procedures

Qualifications

• You possess a Bachelor's degree
• You possess one year of transaction processing experience

Compensation Range: $44,685 - $65,736

The posted compensation range on this listing represents UMB's good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors.

Please see the description of benefits included with this job posting for additional information.

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits.

• Paid Time Off
• a 401(k) matching program
• annual incentive pay
• paid holidays
• a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
• health savings
• flexible spending
• dependent care accounts
• adoption assistance
• an employee assistance program
• fitness reimbursement
• tuition reimbursement
• an associate wellbeing program
• an associate emergency fund
• various associate banking benefits

Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more? You're more than a means to an end-a way to help us meet the bottom line.

UMB isn't comprised of workers, but of people who care about their work, one another, and their community.

Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about.

Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law.

If you need accommodation for any part of the employment process because of a disability, please send an e-mail to [e-mail] to let us know the nature of your request.

Who we are

We are more than a company. We are advisors, consultants, problem solvers, friends, community members, experts, and we are here to help you make the best of every moment with a financial foundation that can help you succeed.