Head of Client Data and Performance Reporting

HRB; New York (NY); On-site; USD 180,000 - 240,000; Full time

Job summary

A leading global investment firm is seeking an Operations Executive to head the Client Data and Performance Reporting function. This pivotal role involves providing strategic direction and oversight to a team responsible for client valuation and performance reporting across various asset classes. Ideal candidates will have extensive experience in financial services, demonstrating proven leadership abilities and a deep understanding of investment performance standards.

Qualifications

• 15+ years in financial services, preferably investment management.
• Experience overseeing global operations teams.
• Understanding of investment strategies and performance reporting.

Responsibilities

• Lead Client Data team and oversee onboarding and maintenance.
• Develop strategic vision aligning with performance goals.
• Ensure integrity of portfolio performance calculations.

Skills

Leadership

Problem Solving

Analytical Skills

Interpersonal Skills

Education

BS/BA in Business, Finance, or related field

Masters degree preferred

CFA designation preferred

Job description

Job Description

Our client is a global investment firm, providing investment advisory services, financial planning, and proprietary research to institutional investors, private clients, and financial intermediaries.

They are currently seeking an Operations Executive to head Client Data and Performance Reporting function to provide leadership, strategic direction, and oversight for managing and transforming the Client data and Client reporting teams, - depending on the candidate’s qualifications, the role can be on a Senior or Managing Director levels. These teams are responsible for collection of valuation and transaction information of client investments, comprising of both marketable and alternative assets, and producing Performance Reports. The team comprises of roughly 100 Employees and 40 offshore contractors.

We are seeking a proven leader that can successfully structure, organize, and transform the operational processes of these teams while at the same work closely with the Global Investment Teams to build an Industry-standard client data and portfolio performance calculations function that ensures compliance with global regulatory standards. The position will report to the Chief Operating Officer of the firm.

Primary Responsibilities
· Subject Matter Expert: Serve as a subject matter expert for internal stakeholders and working groups, clients, and external industry peer groups; interpret and apply CFA Institute GIPS guidance to ensure compliance in firm-wide operations, composite construction, and marketing materials.
· Team Leadership:
· Lead a centralized Client Data team and oversee the onboarding and maintenance of monthly Client Investment Information received from Investment Managers and Custodians
· Lead a centralized Performance Reporting Team delivering client reporting across all major asset classes.
· Strategic Vision & Operations Evolution:
· Develop strategic vision for the practices ensuring alignment with firmwide performance goals
· Stay current with industry trends in evolving Fintech firms and look for opportunities to streamline and evolve the operations model across the teams
· Collaborate with IT to develop and integrate technology solutions to enhance data and reporting functions through a build/buy strategy
· Work closely with internal departments including Global Investing Team to evolve the Operations model as data and reporting needs of the firm.
· Operational Oversight:
· Ensure portfolio performance calculation integrity through use and oversight of proprietary performance reporting capabilities
· Design and implement policies, procedures and reporting to effectively identify and resolve operational issues, mitigate business risk, and establish best practices
· Provide support to composite related issues, including construction, performance calculations, and dispersion analysis
· Vendor Management: Build a strong relationship with vendor partners to deliver the best possible outcome for the firm in a scalable and cost-effective manner


Qualifications
· 15+ years of experience in the financial services industry preferably within the investment management industry, including deep experience in the calculation and execution of portfolio performance and/or client reporting and data analytics
· Proven experience in leadership roles overseeing large-scale global operations teams in the financial services industry
· Deep expertise in investment management performance standards (e.g., GIPS, SEC, FMPS, etc.)
· Proven ability to work with IT team to build scalable and strategic solutions for the team
· Proven ability to work collaboratively with multiple stakeholders to identify and address performance reporting challenges, develop strategic solutions, and drive results
· Demonstrated experience in building teams and forming trusted and productive relationships across the organization
· An understanding of investment strategies, products, and asset classes and how investment returns are calculated, measured, and assessed
· Experience in understanding private investment performance reporting preferred
· Demonstrated experience guiding organizational change
· Demonstrated success in delivering high quality business outcomes on time/budget for an Operations team within a financial services firm
· Strong interpersonal, analytical, problem solving, negotiating, influencing, facilitation, organizational, prioritization, decision making, and conflict resolution skills
· Experience managing within a global context
· BS/BA in a Business, Finance, or related field. Masters degree preferred
· CFA designation preferred

Salary Range $180--240K/base