Associate, Transaction Services

Cambridge Associates LLC; Boston (MA); On-site; USD 64,000 - 83,000; Full time

Benefits offered by this job

Bonus eligible

Comprehensive benefits

Job summary

Cambridge Associates LLC, based in Boston, seeks a professional to support Discretionary and Advisory client transactions. The role covers subscription/redemption workflows, AML/KYC compliance, and end-to-end trade support across multiple client accounts.

Responsibilities include coordinating with investment managers, custodians, and legal counsel, maintaining accurate records, and preparing post-trade documents. A Bachelor’s degree and strong communication skills are required.

Qualifications

• Bachelor’s degree and relevant professional experience in investment operations or related financial services.
• Familiarity with subscription and redemption processes, asset transfers, and trade settlement workflows.
• Knowledge of AML/KYC requirements and related operational documentation.
• Strong organizational skills to manage multiple workflows and deadlines.
• High attention to detail and accuracy in a fast-paced environment.
• Strong written and verbal communication across internal and external stakeholders.
• Proficiency in Microsoft Office.

Responsibilities

• Prepare and complete subscription and redemption documentation and track transaction workflows across assigned client accounts.
• Support subscription and redemption activity by navigating AML/KYC requirements and related documentation.
• Coordinate with investment managers, fund administrators, legal counsel, and other parties to ensure transaction documentation, approvals, and operational requirements are complete before trade date.
• Assist in coordinating asset transfers among custodians, investment managers, and clients while maintaining accurate account records.
• Prepare and complete post-trade fund and client documentation, including amendments, elections, voting materials, and investor questionnaires.
• Maintain and update client account records for accurate documentation and processing.
• Communicate with third-party service providers to support client objectives and documentation management.
• Use investment manager and custodian portals to monitor transaction activity and account status.
• Prepare ad hoc reporting and operational updates for internal and client needs.
• Leverage internal resources to support transaction execution and broader client activity.

Skills

Strong written and verbal沟ammable

Organizational skills

Attention to detail

Microsoft Office

Education

Bachelor’s degree in a related financial field

Tools

Custodian portals

Investment manager portals

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

The Discretionary Transaction Services Team supports the execution of investment-related transactions for Discretionary and Advisory with Comprehensive Operations clients. The team plays a critical role in coordinating activity across internal stakeholders, investment managers, custodians, legal counsel, and clients to ensure transactions are processed accurately and efficiently. This role offers the opportunity to gain broad exposure to investment operations, transaction processes, and cross-functional collaboration in support of sophisticated client portfolios.

Job Description

Key Responsibilities

• Prepare and complete subscription and redemption documentation and track transaction workflows across assigned client accounts.
• Support subscription and redemption activity by navigating AML/KYC requirements and related documentation.
• Work with investment managers, fund administrators, legal counsel, and other relevant parties to ensure transaction documentation, approvals, and operational requirements are complete and in good order prior to trade date.
• Assist in coordinating asset transfers among custodians, investment managers and clients while maintaining accurate account records.
• Prepare and complete post-trade fund and client documentation, including LPA amendments, MFN elections, voting materials, investor questionnaires, annual updates, and other related requirements across impacted clients.
• Maintain and update client account records to ensure accurate documentation, transaction processing, and ongoing account administration.
• Proactively support client objectives through communication with third-party service providers, documentation review, and correspondence management.
• Use investment manager and custodian portals to monitor transaction activity and account status.
• Prepare ad hoc reporting and operational updates for internal and client-related needs.
• Leverage internal resources and systems to support transaction execution and broader client activity.
• Maintain awareness of market developments, investment themes, and client priorities to support day-to-day execution and service.

Qualifications

• Bachelor’s degree and relevant professional experience in investment operations, fund operations, client servicing, trade support, or a related financial services role.
• Familiarity with subscription and redemption processes, asset transfers, and trade settlement workflows.
• Working knowledge of AML/KYC requirements and related operational documentation.
• Strong organizational skills with the ability to manage multiple workflows and deadlines simultaneously.
• High attention to detail and commitment to accuracy in a fast-paced environment.
• Strong written and verbal communication skills, with the ability to coordinate effectively across internal and external stakeholders.
• Proficiency in Microsoft Office applications.
• Experience working with alternative investment operations processes, custodians, or investment manager portals is preferred.

Base Salary Range for this role

• Pay Range Minimum: 63700
• Pay Range Maximum: 82800

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.

Equal Employment Opportunity

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.

Company Background

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.