Senior Analyst, Global Alternatives Operations

russell; Seattle (WA); On-site; USD 90,000 - 100,000; Full time

Benefits offered by this job

Healthcare

Retirement plan

Vacation

Wellbeing programs

Job summary

Russell Investments in Seattle, WA is seeking a Senior Analyst, Global Alternatives Operations to support the administration and oversight of private equity, private real estate, private debt, infrastructure and other alternative funds. You will handle capital calls, NAV support, performance reporting and regulatory coordination, acting as a key operations resource.

The role requires 3–5 years in fund operations with a strong grasp of valuations, cash management and related controls.

Qualifications

• Bachelor's degree in a business-related discipline or equivalent experience.
• 3–5 years of fund accounting, valuations/NAVs, and cash management.
• Investment management or financial-services certification is preferred.
• Experience with alternative investments including private equity/private real estate/infrastructure preferred.

Responsibilities

• Coordinate complex, time-sensitive deliverables across supported alternative funds.
• Provide guidance and daily support to less-tenured team members without formal people-management responsibilities.
• Apply sound judgment to resolve operational issues and escalate exceptions when needed.
• Monitor the integrity of fund valuations, expenses and NAVs across systems.
• Coordinate with fund administrators, custodians and client-facing teams; assist with tax, audit and regulatory reporting.
• Support investment implementation, AML/KYC materials, and documentation setup.

Skills

Fund accounting/NAVs

Cash management

Valuations and pricing

Operational controls

Cross-functional collaboration

Education

Bachelor's degree in business-related discipline

Investment management certification (preferred)

Job description

Salary Range: $90,000 USD - $100,000 USD Specific compensation will be based on candidate's experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

Job Description:

Role Summary

The Senior Analyst, Global Alternatives Operations is responsible for independently supporting the administration and operational oversight of private equity, private real estate, private debt, infrastructure and other alternative investment funds and accounts. The role handles complex and time-sensitive fund activities, applies sound judgment to resolve operational issues, and serves as an experienced resource to team members and stakeholders. Specific duties include capital call and distribution processing, cash monitoring, valuation and NAV support, performance and client reporting, audit and tax support, investment implementation, AML/KYC coordination, systems support, and oversight of fund accounting, expense and valuation processes with administrators and custodians. The Senior Analyst also supports process improvements, documentation and team knowledge-sharing, escalating material risks or exceptions as appropriate.

Your Core Responsibilities:

FUND OPERATIONS & TEAM SUPPORT

• Independently coordinate complex, technical and time-sensitive deliverables across supported alternative funds and separate accounts.
• Act as an experienced resource for day-to-day fund operations, providing guidance and daily support to less-tenured team members without formal people-management responsibility.
• Apply sound judgment to research and resolve complex operational issues; clearly articulate decisions, risks and recommended actions, and escalation exceptions when needed.
• Maintain current procedures and contribute to process enhancements, automation and other change initiatives.

FUND VALUATION & ACCOUNTING

• Monitor the integrity of fund and separate-account valuations across systems, including expense and fee accruals.
• Review estimate and final NAVs and supporting fund-accounting deliverables; interact regularly with fund administrators and underlying fund administrators to resolve questions and exceptions.
• Support valuation data collection and reporting for private markets portfolios and assist with distribution and performance-fee calculations where applicable.

CLIENT & STAKEHOLDER SERVICE

• Act as a primary day-to-day operations liaison with investment teams, administrators, custodians, client-facing teams, Legal and other internal partners.
• Build effective working relationships with internal and external stakeholders and respond to inquiries with professionalism, accuracy and urgency.
• Coordinate handoffs and ensure issues requiring policy interpretation, client advice, or deviation from agreed procedures are escalated appropriately.

REPORTING, AUDIT, TAX & REGULATORY SUPPORT

• Prepare, review and coordinate technical internal and external reports and support ad-hoc reporting requests.
• Coordinate collection, tracking and distribution of investor tax and foreign-reporting information; support FATCA, Common Reporting Standard and audit-confirmation activities.
• Assist with fund audits, auditor queries, financial-statement support and applicable regulatory or board reporting.

INVESTMENT IMPLEMENTATION

• Coordinate new and follow-on commitments and other investment activity with portfolio managers, underlying managers and service providers.
• Prepare and coordinate subscription and related documentation, gather and submit AML/KYC materials, and ensure complete and accurate setup in portfolio-management and reporting systems.
• Identify documentation or setup issues and drive them to resolution with appropriate stakeholders.

CASH MONITORING & EXPENSE OVERSIGHT

• Coordinate capital calls, distributions, subscriptions and redemptions at client and underlying-fund levels.
• Prepare and/or review wire instructions, cash projections, reconciliations and unfunded-commitment data; support transaction approvals consistent with delegated authority.
• Monitor fund expenses and invoice processing and ensure transactions are accurately reflected in relevant systems.

Your Expertise:

• 3-5 years of experience with fund accounting , valuations /NAVs, capital activity , cash management, fund expenses and operational controls.
• Bachelor's degree in a business-related discipline or equivalent relevant experience required.
• Relevant investment management, accounting or financial-services certification preferred.
• In-depth knowledge of alternative investment operations, preferably including private equity, private debt, private real estate and/or infrastructure.
• Ability to work independently, prioritiz