Asset Management Operations Associate

Planet Group; Chicago (IL); On-site; USD 62,000 - 69,000; Full time

Job summary

Planet Group is seeking an Asset Management Operations Associate for a 6-month engagement in Chicago, IL. The role coordinates with fund administrators and portfolio managers to optimize client experience.

Key duties include overseeing investor transactions, evaluating waiver requests, and driving improvements across servicing processes. Strong organizational skills and 1–3 years in financial services are preferred.

Qualifications

• Bachelor's degree.
• Detail-oriented.
• Ability to work in a fast-paced environment and think clearly under pressure.
• Strong organizational/multi-tasking skills.
• Leadership - Exchanges information with appropriate people to complete work.
• Problem Solving - Solves difficult problems with effective solutions; asks good questions and probes for answers; looks beyond the obvious and does not stop at the first answers
• Self-Development - Ability to recognize personal skills, abilities, limitations and strengths
• Strong Team Player - Creates strong morale and spirit in his/her team; shares wins and successes. Fosters the feeling of belonging in the team
• Proven ability to multi-task and prioritize team responsibilities accordingly
• Strong communication and interpersonal skills
• 1-3 years financial services experience
• Knowledgeable about the alternative investment industry

Responsibilities

• Oversee investor transactions in private equity or hedge fund vehicles to ensure accurate trade-flow reporting to portfolio managers
• Evaluate trade waivers and correction requests from sales teams
• Oversee the facilitation of investor trade settlement
• Assist in oversight of vendor relationships (e.g. fund administrators, transfer agents)
• Oversee and coordinate resolution of product servicing issues and errors
• Implement process improvements/enhancements
• Improve internal controls over accounting and operational processes
• Improve collection, dissemination and maintenance of product data attributes
• Lead ad hoc projects within the Shareholder Services group

Skills

Detail-oriented

Organizational/multi-tasking

Leadership

Problem solving

Communication & interpersonal

Team player

Multi-tasking

Financial services experience

Alternative investments knowledge

Self-development

Education

Bachelor's degree

Job description

Asset Management Operations Associate
Duration 6 months
Location:Chicago, IL
Pay Rate:$30.00/hr -$33.00/hr (DOE)
Hours:40/wk

The Planet Group is seeking a highly motivated and detail-oriented candidate to join our Alternative Investment Client Services Administrator Oversight team. In this capacity, you will work closely with our fund administrators and portfolio managers and coordinate service-related strategies with the goal of providing optimal client experience.

Key Responsibilities:

• Oversee investor transactions in private equity or hedge fund vehicles to ensure accurate trade-flow reporting to portfolio managers
• Evaluate trade waivers and correction requests from sales teams
• Oversee the facilitation of investor trade settlement
• Assist in oversight of vendor relationships (e.g. fund administrators, transfer agents)
• Oversee and coordinate resolution of product servicing issues and errors
• Implement process improvements/enhancements
• Improve internal controls over accounting and operational processes
• Improve collection, dissemination and maintenance of product data attributes
• Lead ad hoc projects within the Shareholder Services group

Basic Qualifications:

• Bachelor's degree
• Detail-oriented
• Ability to work effectively in a fast-paced environment and think clearly under pressure
• Strong organizational/multi-tasking skills
• Leadership - Exchanges information with appropriate people to complete work
• Problem Solving - Solves difficult problems with effective solutions; asks good questions and probes for answers; looks beyond the obvious and does not stop at the first answers
• Self-Development - Ability to recognize personal skills, abilities, limitations and strengths
• Strong Team Player - Creates strong morale and spirit in his/her team; shares wins and successes. Fosters the feeling of belonging in the team
• Proven ability to multi-task and prioritize team responsibilities accordingly
• Strong communication and interpersonal skills
• 1-3 years financial services experience
• Knowledgeable about the alternative investment industry