Operational Due Diligence Analyst

UTIMCO; Austin (TX); On-site; USD 60,000 - 85,000; Full time

Job summary

UTIMCO is seeking an Analyst for its Operational Due Diligence team to evaluate and monitor external investment managers across asset classes. You will review DDQs, LPAs, PPMs, and firm policies, and document findings for Investment Committee consideration.

The role targets early-career professionals (1–3 years) with strong analytical skills, attention to detail, and excellent communication. Some travel may be required up to 25%.

Qualifications

• Bachelor’s degree in finance, accounting, economics, or a related field.
• 1–3 years of relevant experience in accounting, asset management, M&A, fund operations, or middle/back office.
• Strong interest in investment management operations, compliance, and risk frameworks.
• Demonstrated analytical rigor, attention to detail, and structured problem-solving.
• Effective written and verbal communication skills; ability to engage with internal stakeholders and external managers.
• Exposure to, or strong interest in developing expertise in, regulatory frameworks (e.g., SEC custody rule, AML/KYC, global regimes).
• High integrity, intellectual curiosity, and a collaborative, team-oriented mindset consistent with UTIMCO values.
• Willingness to travel domestically and internationally (up to ~25%).

Responsibilities

• Participate in due diligence meetings with fund managers and key service providers (virtual and in-person)
• Analyze due diligence materials, including DDQs, LPAs, PPMs, fund structures, and firm policies
• Evaluate operating models across governance, compliance, middle- and back-office functions, and risk controls (including IT and cybersecurity)
• Document findings and prepare clear, decision-ready memoranda for internal stakeholders, including the Investment Committee
• Assess oversight and effectiveness of third-party providers (administrators, custodians, auditors)
• Research regulatory frameworks (e.g., SEC, AML/KYC, AIFMD) and evaluate adherence across managers and jurisdictions
• Identify process improvements and leverage AI tools to enhance efficiency and scalability of ODD workflows

Skills

Analytical thinking

Attention to detail

Communication skills

Team collaboration

Education

Bachelor’s degree in finance, accounting, economics, or related field

Job description

We are seeking a high-performing, detail-oriented Analyst to join UTIMCO’s Operational Due Diligence (ODD) team. This role supports the evaluation and ongoing monitoring of external investment managers across asset classes, including hedge funds, public equities (domestic and international), private equity, venture capital, real estate, and infrastructure.

The Analyst will contribute directly to protecting the endowment by assessing managers’ operational integrity, governance, compliance, and technology environments. This role is designed for early-career professionals (1-3 years of experience) who combine analytical rigor with intellectual curiosity and strong interpersonal skills.

Overall Responsibilities:

• Participate in due diligence meetings with fund managers and key service providers (virtual and in-person)
• Analyze due diligence materials, including DDQs, LPAs, PPMs, fund structures, and firm policies
• Evaluate operating models across governance, compliance, middle- and back-office functions, and risk controls (including IT and cybersecurity)
• Document findings and prepare clear, decision-ready memoranda for internal stakeholders, including the Investment Committee
• Assess oversight and effectiveness of third-party providers (administrators, custodians, auditors)
• Research regulatory frameworks (e.g., SEC, AML/KYC, AIFMD) and evaluate adherence across managers and jurisdictions
• Identify process improvements and leverage AI tools to enhance efficiency and scalability of ODD workflows

Requirements:

• Bachelor’s degree in finance, accounting, economics, or a related field
• 1-3 years of relevant experience (e.g., public accounting, asset management, M&A, fund operations, or middle/back office)
• Strong interest in investment management operations, compliance, and risk frameworks
• Demonstrated analytical rigor, attention to detail, and structured problem-solving
• Effective written and verbal communication skills; ability to engage with internal stakeholders and external managers
• Exposure to, or strong interest in developing expertise in, regulatory frameworks (e.g., SEC custody rule, AML/KYC, global regimes)
• High integrity, intellectual curiosity, and a collaborative, team-oriented mindset consistent with UTIMCO values
• Willingness to travel domestically and internationally (up to ~25%)

NOTE: This role requires in-office, 4 days a week, Monday thru Thursday.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.

As part of UTIMCO’s Code of Ethics and personal trading compliance requirements, employees are subject to restrictions and reporting obligations related to personal securities trading activities, including activities conducted through household or dependent accounts. Please refer to UTIMCO’s Code of Ethics for additional information regarding these requirements. If you or someone in your household engages in extensive personal trading, please raise the issue with Human Resources for further discussion.