Investment Specialist

Ilitch Companies; Detroit (MI); On-site; USD 120,000 - 180,000; Full time

Job summary

IFO Group, LLC is seeking an Investment Specialist to act as a central communications hub between clients, the Family Office, and investment managers. You will perform investment reviews, develop recommendations, and support reporting and due diligence with meticulous attention to confidentiality.

The role involves close collaboration with accounting, finance, tax, and family services teams. You will build relationships with clients and advisors, contribute to investment memoranda and portfolio

Qualifications

• Experience in financial services or investment management.
• Excellent writing and presentation skills.
• Strong understanding of wealth management concepts.
• Self-motivated with initiative and willingness to take on higher responsibilities.
• Excellent organizational, time management, and planning skills.
• Team player who can also work independently.
• Attention to detail and accuracy in work.
• Ability to adapt to a fast-paced, evolving environment.
• Discretion and confidentiality when handling sensitive information.
• Proficiency in Excel, PowerPoint; Bloomberg experience is a plus.

Responsibilities

• Conduct investment reviews with clients to discuss objectives and prepare recommendations.
• Support client engagement efforts and act as a resource for investment communication.
• Maintain and update investment reporting files for all documentation.
• Prepare investment reports, memoranda, and portfolio updates for stakeholders.
• Analyze investments, perform due diligence, and research market themes.
• Monitor existing fund investments, co-investments, and manager relationships.
• Assist with accounting and treasury processes for accuracy and timeliness.
• Coordinate calls with investment managers and external advisors as needed.
• Create presentations and transaction schedules for internal and client use.
• Ensure accuracy of investment reporting in coordination with software providers.

Job description

The Investment Specialist will serve as a central point of communication between the Family Office, its clients, and third-party investment managers. The Investment Specialist will work closely with the other members of the Family Office’s investment team, as well as Accounting, Finance, Tax and Family Services colleagues. The Investment Specialist is responsible for helping the Family Office deepen and strengthen client and advisor relationships through review of asset allocation and select investment opportunities. The Investment Specialist will have exposure to all aspects of the investment program and will work with select investment managers and external advisors to provide a seamless delivery of exceptional service to clients of the Family Office. This position will deal with highly sensitive and confidential information. Absolute discretion, confidentiality, and professionalism are required.

Key Responsibilities:

• Conduct investment reviews with clients to discuss the clients’ current investment objectives and prepare recommendations.
• Support coordination of various client engagement efforts and act as resource for investment communication.
• Responsible for maintaining and updating investment reporting files for all investment documentation received.
• Participate in the creation of presentations, investment reports, and transaction schedules for stakeholders.
• Conduct financial analysis, prepare investment models, and provide structure and transactional support on various investment opportunities pursued by clients of the Family Office.
• Build excellent working relationships with internal and external clients and advisors.
• Work with software providers to ensure accuracy of investment reporting.
• Assist in the accounting and treasury process, as appropriate, ensuring accurate and timely completion.
• Conduct investment analysis, due diligence, and research on market themes.
• Assist with monitoring existing fund investments, co-investments and manager relationships.
• Assist in the preparation of investment memoranda, investor letters, and portfolio updates.
• Participate in update calls with investment managers, as requested.
• Prepare and monitor financial reports and statements requested by stakeholders.
• Participate in special projects and additional tasks as requested.

Required Knowledge, Skills, and Abilities:

• At least seven (7) years’ experience working in a financial services firm, investment manager or family office. Experience in investment banking, a family office or with high-net-worth clients encouraged.
• Bachelor’s degree with focus on finance, economics or accounting. Additional degrees and certifications are a plus.
• Advanced knowledge of investment products and strategies including passive investments, mutual funds, hedge funds, private equity, and structured notes.
• Strong investment literacy across public and private markets.
• Exceptional writing and presentation skills.
• Demonstrated understanding of wealth management including, but not limited to, credit, deposits, trusts and financial planning.
• Evidence of self-motivation, initiative, and the ability and willingness to learn and accept higher-level responsibilities.
• Demonstrate strong organizational, time management, and planning skills with the ability to independently prioritize work.
• Demonstrates a professional and positive demeanor at all times.
• Detail orientated with superior organizational skills.
• Team player with the ability to collaborate with others while also able to work independently.
• Ability to work in a fast-paced, evolving environment and assist with other duties as assigned.
• Flexibility and ability to adapt to changing priorities and multi-task with demonstrated attention to detail and accuracy.
• Must be highly confidential, exercise absolute discretion, and display strong judgment. Experience handling sensitive and/or confidential financial information and maintaining ongoing confidentiality
• Computer proficiency with Excel, PowerPoint and Bloomberg. Additional experience with investment reporting software (e.g., Addepar) is a plus.

Working Conditions:

• Work in an office environment.
• Exposure to travel conditions by automobile, airplane, or public transportation.
• Ability to work in Detroit and travel as required.

The physical demands and work environment characteristics described here are representative of those a colleague encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The above is intended to describe the essential job functions, the general supplemental functions, and the essential requirements for the performance of this job. It is not to be construed as an exhaustive statement of all supplemental duties, responsibilities, and nonessential requirements. IFO Group, LLC has the right to change, modify, suspend, interrupt or cancel in whole or in part any job functions outlined in a job description at any time and without advance notice to the employee.