Operational Due Diligence Analyst — Investment Risk

UTIMCO; Austin (TX); On-site; USD 70,000 - 95,000; Full time

Job summary

UTIMCO in Austin is seeking an Analyst to join the Operational Due Diligence team. You will evaluate external investment managers across asset classes and monitor operational integrity, governance, compliance and tech environments.

This early-career role (1-3 years) emphasizes rigorous analysis, clear written work, and collaboration with internal stakeholders. Candidates should have a finance-related degree and be willing to travel up to 25%. In-office four days a week.

Qualifications

• 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.

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

Due diligence

Investment ops

Regulatory knowledge

Analytical skills

Communication

Education

Bachelor's degree in finance

Job description

UTIMCO in Austin is seeking an Analyst to join the Operational Due Diligence team. You will evaluate external investment managers across asset classes and monitor operational integrity, governance, compliance and tech environments.

This early-career role (1-3 years) emphasizes rigorous analysis, clear written work, and collaboration with internal stakeholders. Candidates should have a finance-related degree and be willing to travel up to 25%. In-office four days a week.