Business Development Representative

Alter Domus; Chicago (IL); Hybrid; USD 60,000 - 80,000; Full time

Benefits offered by this job

Support for professional accreditations

Flexible arrangements and generous holidays

Continuous mentoring

Job summary

Alter Domus, located in Chicago, is seeking a finance operations professional to process alternative investment information and support client needs. The ideal candidate should possess a thorough understanding of alternative investments and excel in a remote work setting.

This role requires strong organizational skills, a commitment to customer service, and the ability to handle multiple tasks effectively. A Bachelor’s degree in Finance or a related field and relevant experience in finance operations are essential.

Qualifications

• 3-4 years in Finance Operations or similar experience.
• Ability to work with team members and manager remotely.
• Fund Accounting/Alternative Investment experience is a plus.

Responsibilities

• Process critical alternative investment information.
• Prepare cash reconciliations and wires for cash movements.
• Serve as primary point of contact for client needs.

Skills

Microsoft Suite experience

Highly organized

Strong work ethic

Good communication skills

Interpersonal skills

Education

Bachelor’s degree in Finance or similar

Job description

About Us

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different - in what we do, in how we work and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.

Find out more about life at Alter Domus at careers.alterdomus.com

Job Description

• Process/enter critical alternative investment information (capital calls, distributions and valuations) for clients into a workflow/performance system


• Prepare cash reconciliations as well as wires for cash movements


• Reconcile agreed-upon metrics including unfunded, IRR, and MOIC and exchange data flows with Client’s platforms


• Demonstrate a thorough understanding of the customized services provided to the clients


• Onboard, train and help with performance reviews for direct reports


• Serve as the primary point of contact for client needs; onboard new clients/historical data


• Analyze and onboard new Clients’ dataset


• Be an expert in alternative investments data managementand portfolio reporting


• Assist with portfolio analysis and monitoring, risk management and reporting and prepare cash reconciliations as well as wires for cash movements


• Review client net worth reports to ensure alternative data entered by the team is accurate


• Assist clients in report design and improvement

Qualifications/Requirements

• Microsoft Suite experience, including use of Excel


• Highly organized and proactive, with follow-through on commitments


• Personal and professional integrity


• Strong work ethic, responsiveness and passion for customer service and quality


• Excellent team player and good interpersonal skills


• Able to handle multiple tasks and prioritize accordingly


• Good oral and written communication skills


• Ability to work with team members and manager remotely


• Ability to follow instructions and receive feedback and review comments on work prepared

Preferred Education And Experience

• Bachelor’s degree or higher in Finance (or Accounting, Data Analytics, Audit, Economics or other similar education)


• 3-4 years Finance Operations (or other similar experience)


• Fund Accounting/Alternative Investment experience is a plus but not required

What We Offer

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our Global Benefits Also Include

• Support for professional accreditations such as ACCA and study leave


• Flexible arrangements, generous holidays, plus an additional day off for your birthday!


• Continuous mentoring along your career progression


• Active sports, events and social committees across our offices


• 24/7 support available from our Employee Assistance Program


• The opportunity to invest in our growth and success through our Employee Share Plan


• Plus additional local benefits depending on your location

Equity In Every Sense Of The Word

We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong.

We celebrate our differences, and understand that our success relies on diverse perspectives and experiences, working towards shared goals and a common purpose. We take pride in creating a workplace where all our people are empowered to be truly invested in the alternative and bring their whole selves to work.

We are committed to ensuring a welcoming recruiting and onboarding process for everyone. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you.

(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)