Data and Risk Operations

3 weeks ago


La Jolla, United States StepStone Group Full time

StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $675 billion of total capital allocations, including more than $150 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program. With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

Position Description

The DARO Reporting and Operations Junior Analyst role is for professionals looking to gain exposure to the private markets industry and develop skills for investment analysis and reporting. DARO Junior Analysts will develop a deep understanding of Private financial markets by working closely across all SPAR teams to support active Investment Data management and reconciliation efforts within the StepStone investment reporting and analytics system (ie, "SPI Reporting").

Primary responsibilities include
  • Provide operational support for daily valuation clients. Provide timely service to specific client accounts with rapid turnaround daily reporting requirements.
  • Provide dedicated SPI Reporting system support for discretionary investment client operations (Cash flows, quarterly capital account balances, and portfolio company analysis) with the timely system entry, review, reconciliation, and reporting of new and ongoing Investment Data activity.
  • Participate in active daily communication with team including live daily meetings, resolution of issues through email, and saving down records of necessary support materials/documentation. Proprietary Database Investment Data management for discretionary funds and investments includes:
  • New investment commitments
  • Daily capital activity for existing investments
  • Daily underlying portfolio company (Portco) analysis and data system entry
  • Quarterly capital account/fair market values
  • As necessary, reconcile proprietary data against comparable Fund Administrator records

  • Develop and enhance operations systems across the DARO suite of processes

  • Learn and develop technical skills that will aid in the enhancement of the DARO suite of processes including
  • SQL
  • Power BI
  • DAX
  • Advanced Excel

  • Performs other duties as requested or as responsibilities dictate

Skills and Qualifications may include
  • Bachelor's degree in business, finance, economics, accounting preferred
  • Relevant coursework or work experience
  • Strong analytical skills
  • Strong written and verbal communication skills in English
  • Promote and demonstrate a positive, team-oriented attitude
  • Dynamic, hard-working and a self-starter
  • Significant experience with Microsoft Excel
  • Basic knowledge of accounting and working knowledge of the financial services industry
  • Interest in Global Financial Markets and Private Markets
  • Strong attention to detail

Salary range for posting is set to $27/hour.

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential. Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer/Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

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