Business Operations Specialist

2 weeks ago


Conshohocken, Pennsylvania, United States Randstad Full time
Business Analyst III Job Description

Randstad, in partnership with a Global Wealth investment firm, is seeking a highly skilled Business Analyst III to join their team. As a key member of the business operations team, you will be responsible for monitoring critical investment and investor activity for multiple portfolios and custodian banks.

Key Responsibilities:

  • Actively monitor and ensure proper settlement of transactions, including cash distributions and receipts.
  • Oversee third-party service providers in posting activity to the portfolios' general ledger and maintain portfolio activity in Investran.
  • Reconcile transactions, valuations, management fees, performance fee/carried interest calculations, P&L components, and other activity between Investran and the third-party service provider's records.
  • Verify accuracy of investor capital account balances, NAV allocations, and capital activity on a monthly/quarterly basis.
  • Prepare or review monthly performance reports for investment management and clients using valuations from underlying investments, cash balances, and derivatives valuations.

Requirements:

  • Bachelor's degree in a related field.
  • Strong knowledge of accounting and operations for HFS portfolios, including investments in hedge funds, private equity funds, and co-investments.
  • Excellent analytical and problem-solving skills.
  • Ability to work in a fast-paced environment and meet deadlines.

About Randstad:

Randstad is an equal opportunity employer and welcomes applications from diverse candidates. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.



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