Alternative Asset Operations Specialist

Hemenway & Barnes LLP; Boston (MA); On-site; USD 60,000 - 75,000; Full time

Job summary

Hemenway & Barnes LLP, a Boston-based law firm specializing in asset management, seeks an Alternative Asset Administrator to support portfolio operations and protect client confidentiality.

Under the Senior Manager of Portfolio Operations, you will maintain market values for hedge funds and private equity, process capital calls and subscriptions, and coordinate with LPs, GPs, custodians, and service providers. This is a team-driven role with growth opportunities.

Qualifications

• Bachelor’s degree in accounting, finance or equivalent experience.
• Knowledge of financial, accounting or mathematical principals.
• Knowledge of alternative assets such as hedge funds and private equity.

Responsibilities

• Maintain current market values for the department’s alternative investments.
• Serve as the firm’s primary contact with LPs, GPs, hedge funds, their service providers, and custodian banks.
• Maintain key-person contact lists and online portal access for all funds.
• Administer incoming fund documents and file them from Canoe Analytics into NetDocs.
• Process and reconcile capital calls and distributions.
• Process and administer new subscription documents including KYC/AML verification.

Skills

Financial concepts

Integrity

Organization

Education

Bachelor’s degree in accounting/finance

Tools

SEI SWP Canoe MOXY

Job description

Hemenway & Barnes LLP, a Boston-based law firm specializing in asset management, seeks an Alternative Asset Administrator to support portfolio operations and protect client confidentiality.

Under the Senior Manager of Portfolio Operations, you will maintain market values for hedge funds and private equity, process capital calls and subscriptions, and coordinate with LPs, GPs, custodians, and service providers. This is a team-driven role with growth opportunities.