Private Investment Operations Associate

Cresset; Chicago (IL); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401(k) retirement plan

Health savings accounts

Short-term disability

Long-term disability

Voluntary critical illness insurance

Pre-tax parking

Job summary

Cresset is seeking an Associate in Private Investment Operations to join our team in Chicago. This role coordinates onboarding, funding, and lifecycle events for private investments, collaborating with Advisors, Client Associates, and fund partners to ensure accurate, timely execution.

The ideal candidate will have a Bachelor’s degree and 3+ years of experience, strong attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

Qualifications

• Bachelor's degree and minimum of 3 years of professional experience.
• Exceptional attention to detail and ability to manage multiple tasks and priorities.
• Ability to understand complex operational nuances and consistently execute with precision and accuracy.
• Experience supporting private investment operations, including subscription processing, funding, distributions, redemptions, and investor servicing.
• Strong organizational, analytical, communication, and interpersonal skills.

Responsibilities

• Manage the operational onboarding of private investment opportunities by coordinating fund documentation and key investment details with internal stakeholders, external fund partners, and the firm’s subscription vendor.
• Build and manage cross-functional partnerships to ensure timely and accurate execution of private investment transactions.
• Serve as a subject matter expert on private investment operations and provide guidance on fund structures and lifecycle events.
• Review, execute and validate subscription, funding, redemption, and reregistration transactions across custodial and fund platforms.
• Identify opportunities to improve workflows, documentation, and operational controls to enhance scalability and client experience.

Skills

Attention to detail

Cross-functional collaboration

Operational excellence

Communication skills

Problem solving

Education

Bachelor's degree

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Cresset is seeking an Associate in Private Investment Operations to join our team in Chicago. This role coordinates onboarding, funding, and lifecycle events for private investments, collaborating with Advisors, Client Associates, and fund partners to ensure accurate, timely execution.

The ideal candidate will have a Bachelor’s degree and 3+ years of experience, strong attention to detail, and the ability to manage multiple priorities in a fast-paced environment.