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Investment Banking Associate

2 months ago


New York, New York, United States Oppenheimer & Co. Full time
Job Title: Investment Banking Associate

**About Us**

Oppenheimer & Co. Inc. is a leading middle-market investment bank and full-service broker-dealer with a rich history dating back to 1881. Our company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking, equity and fixed income research, market making, trust services, and investment advisory and asset management services.

**Job Summary**

We are seeking an experienced Investment Banking Associate to join our Oppenheimer Asset Management (OAM) Alternative Investment Group. The successful candidate will be responsible for processing and reviewing investor transactions, including subscriptions, redemptions, and transfers, as well as assisting Financial Advisors with platform questions and client inquiries.

**Key Responsibilities**

  • Process and review investor hedge fund, private equity fund, and private credit fund transactions, including subscriptions, redemptions, and transfers.
  • Assist Financial Advisors with AIG platform questions, client subscriptions, redemptions, capital calls, and distributions.
  • Review and approve Anti-Money Laundering documents pursuant to US and Cayman regulations.
  • Interact with hedge fund principals and their fund administrators.
  • Field inquiries from Financial Advisors and internal sales teams on alternative investment offerings.
  • Communicate with internal groups, such as accounting, operations, legal, and compliance, with respect to transaction processing, billing, etc.
  • Review the investor share register database to ensure that all subscriptions, capital calls, distributions, and redemption activity is set up and completed accurately.
  • Interact with internal operational and business control departments to resolve client questions and issues.
  • Assist with daily administrative tasks, including answering phones, typing correspondence, filing, and name/address updates.
  • Respond to investor audit-related inquiries.
  • Provide periodic reports and feedback to senior management.
  • Assist in ad-hoc projects to support AIG business initiatives.

**Requirements**

  • Bachelor's Degree
  • 3-5 years of financial industry experience in client services
  • Strong computer and Excel skills
  • Attention to detail and accuracy
  • Ability to work efficiently in a deadline-driven environment

**Compensation**

A reasonable estimate of the current base salary range is $90,000.00 to $100,000.00, with additional forms of compensation available for certain positions.