Investment Banking Associate

4 days ago


New York, New York, United States Oppenheimer & Co. Inc. Full time
Job Opportunity

Oppenheimer & Co. Inc. is a leading middle-market investment bank and full-service broker-dealer. We are seeking a highly skilled and detail-oriented individual to join our Oppenheimer Asset Management team as an Investor Services Associate.

Responsibilities
  • Transaction Processing: Process and review investor transactions, including subscriptions, redemptions, and transfers for hedge funds, private equity funds, and private credit funds.
  • Client Support: Assist Financial Advisors with platform questions, client subscriptions, redemptions, capital calls, and distributions.
  • Anti-Money Laundering: Review and approve Anti-Money Laundering documents in accordance with US and Cayman regulations.
  • Interfacing with Stakeholders: Interact with hedge fund principals and their fund administrators, as well as internal groups such as accounting, operations, legal, and compliance.
  • Investor Support: Field inquiries from Financial Advisors and internal sales teams on alternative investment offerings.
  • Database Management: Review the investor share register database to ensure accurate setup and completion of subscriptions, capital calls, distributions, and redemption activity.
  • Operational Support: Interact with internal operational and business control departments to resolve client questions and issues.
  • Administrative Tasks: Assist with daily administrative tasks, including answering phones, typing correspondence, filing, and name/address updates.
  • Reporting and Feedback: Provide periodic reports and feedback to senior management.
  • Ad Hoc Projects: Assist in ad hoc projects to support AIG business initiatives.
Requirements
  • Education: Bachelor's Degree
  • Experience: 3-5 years of financial industry experience in client services
  • Skills: 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 at the time of this posting. Certain positions are eligible for additional forms of compensation such as discretionary bonus.



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