Client Services – Alternative Investments

AQR Capital Management; California; Hybrid; USD 100,000 - 130,000; Full time

Benefits offered by this job

Annual discretionary bonus

Benefits package including paid time 0

Job summary

AQR Capital Management seeks an exceptional candidate to join the Client Services team within Operations. The role centers on supporting business development, coordinating complex fund documentation, and facilitating transactions with custodians and prime brokers.

You will work with engineering to automate workflows, collaborate with onboarding for new series accounts, and manage ongoing client service activities across multiple functions.

Qualifications

• Bachelor's degree or higher required.
• 4+ years of experience in financial services/fund operations.
• Ability to work autonomously as well as in a team.
• Excellent written and verbal communication skills.
• Well-organized with the ability to multi-task within tight timeframes.
• Proficiency in Microsoft Office Suite.

Responsibilities

• Support the Business Development Team by educating clients on the AQR Flex 1 Series LLC fund structure.
• Coordinate documentation with RIAs, Wirehouses, and high-net-worth clients.
• Collaborate with custodians, administrator, and prime brokers for in-kind fund transactions.
• Work with Engineering to build automated workflows for the Fund.
• Partner with Onboarding to launch new series accounts and provide post-launch support.
• Coordinate with Portfolio Implementation on strategy changes and Flex up/down events.
• Oversee a dedicated Manila-based Client Service Team.
• Assist Investor Services, Client Administration, and Mutual Fund Services teams.

Skills

Autonomy

Communication skills

Time management

Team collaboration

Education

Bachelor's degree in finance or related field

Tools

Microsoft Office

Job description

About AQR Capital Management

AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to identify and isolate the factors that matter most, and by developing ideas that stand up to rigorous testing. By putting theory into practice, we have become a leader in alternative strategies and an innovator in traditional portfolio management since 1998.

At AQR, our employees share a common spirit of academic excellence, intellectual honesty and an unwavering commitment to seeking the truth. We're determined to know what makes financial markets tick - and we'll ask every question and challenge every assumption. We recognize and respect the power of collaboration and believe transparency and openness to new ideas leads to innovation.

About Operations

The Operations team has a diverse set of responsibilities, including settling and recording thousands of transactions per day, identifying, and mitigating all operational risk, and partnering with technology to develop and implement low touch, streamlined processes. The operations department continually seeks ways to improve while closely assisting the development of new business, structures, and markets.

The Role

We are looking to hire an exceptional candidate to join the Client Services team within Operations.The primary responsibilities of the role include, but are not limited to:

• Provide support to AQR's Business Development Team by helping educate clients on the unique structure of the AQR Flex 1 Series LLC fund
• Coordinate bespoke documentation requirements with RIAs, Wirehouses and Direct High Net Worth clients
• Work with client custodians, AQR's administrator and AQR's institutional Prime Brokers to help facilitate in kind transactions into and out of the Fund
• Work closely with AQR Engineering to build out automated workflows for the Fund to increase efficiency and reduce manual risk
• Work hand in hand with AQR's Onboarding Team to launch all new series accounts and take over support once accounts are live
• Coordinate with Portfolio implementation to manage all strategy changes and Flex up / Flex down events for the Fund
• Manage daily oversight of a dedicated Manilla based Client Service Team
• Provide additional support to AQR Investor Services, Client Administration and Mutual Fund Services Team

What You'll Bring

• Bachelor's degree, with a preferred concentration in finance
• 4+ years of experience within financial industry, complex fund structure experience a plus.
• Ability to work autonomously as well as within a team.
• Excellent written and verbal communications skills
• Well-organized with the ability to multi-task and work within tight timeframes
• Proficient in Microsoft Office Suite

AQR is an Equal Opportunity Employer.EEO/VET/DISABILITY

The salary range for this role is expected to be $100,000 to $130,000.This is the range that we in good faith believe is accurate for this role at the time of this posting.We may ultimately pay more or less than the posted range, depending upon factors such as skills, experience, location, or other business and organizational needs.This wage range may also be modified in the future.

This job is also eligible for an annual discretionary bonus.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and any other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.