7 Private Investment Operations Manager Jobs in Baltimore, MD
SORT BY
L
P
P
B
L
A
L
Private Investment Operations Manager
$104k-184k (estimate)
Full Time | Investment Management
2 Days Ago
Brown Advisory is Hiring a Private Investment Operations Manager Near Baltimore, MD
Company OverviewEvery firm has a culture – the values, beliefs, methodology, attitudes and standards that reflect an organization’s DNA. But the truly inspiring firms – the game-changers, the industry leaders and the disruptors – have cultures that propel them to innovate and stand out. At Brown Advisory, we aim to be one of those inspired firms. Over the years, we have purposefully built and nurtured our client-first culture.
Brown Advisory is an independent investment management and strategic advisory firm committed to delivering a combination of first-class performance, strategic advice and the highest level of client service with offices in Austin, Baltimore, Boston, Delaware, Frankfurt, London, Nashville, New York, North Carolina, San Francisco, Singapore, Southern California, Tokyo, Virginia and Washington, D.C. The firm’s institutional and private clients are based in 50 states and more than 44 countries and territories and are served by over 850 colleagues worldwide, all of whom are equity owners of the firm.
Job DescriptionThe Private Investment Operations Team supports the full lifecycle of alternative and illiquid assets at Brown Advisory, ensuring the accuracy and timeliness of transactions and valuations related to private equity, hedge fund, and direct investment deals. The Alternative Asset Manager is responsible for managing a team of analysts, overseeing our valuation practices, private investment reporting and analysis, and setting the strategic vision to support this fast-growing asset class.
Duties And Responsibilities
Brown Advisory is an independent investment management and strategic advisory firm committed to delivering a combination of first-class performance, strategic advice and the highest level of client service with offices in Austin, Baltimore, Boston, Delaware, Frankfurt, London, Nashville, New York, North Carolina, San Francisco, Singapore, Southern California, Tokyo, Virginia and Washington, D.C. The firm’s institutional and private clients are based in 50 states and more than 44 countries and territories and are served by over 850 colleagues worldwide, all of whom are equity owners of the firm.
Job DescriptionThe Private Investment Operations Team supports the full lifecycle of alternative and illiquid assets at Brown Advisory, ensuring the accuracy and timeliness of transactions and valuations related to private equity, hedge fund, and direct investment deals. The Alternative Asset Manager is responsible for managing a team of analysts, overseeing our valuation practices, private investment reporting and analysis, and setting the strategic vision to support this fast-growing asset class.
Duties And Responsibilities
- Provide career development support and coaching for direct reports
- Ensure accurate and timely maintenance of valuations and activity for non-marketable investments
- Build relationships with cross-functional stakeholders to drive business decisions and positive results
- Partner with investment teams to launch new alternative assets and ensure timely and accurate reporting
- Coordinate with the private fund operations to ensure the full operational lifecycle of alternative assets is working efficiently and accurately
- Lead and contribute to departmental and firmwide projects that improve our service and scale
- Develop strategy using team metrics on volumes, capacity, issues and cost to propel the team forward
- Chair the firm’s Pricing Committee; charged with ensuring accurate valuations and associated controls
- Engage custodians, funds, internal portfolio management, client service and operational teams to resolve valuation issues, breaks, delays and other related matters
- Lead the development and workflow of outsourced vendors to aid in the maintenance and oversight of private investment valuations. Create end to end workflows for new portfolio accounting solutions as it relates to private investment operations
- Collaborate with client teams to onboard new relationships with complex alternative asset holdings and recommend proper courses of action
- Develop industry insights through proactive networking, conference attendance, and independent research
- Management of Private Investment Operations team’s policies and procedures
- Bachelor’s Degree
- 5 - 7 years’ experience managing a team
- 5 - 7 years’ experience working with alternative investments, or fund accounting
- Demonstrated a solid proficiency and understanding of private equity and hedge fund securities, real assets, and possess a general knowledge of market mechanics.
- Strong level of attention to detail, proven ability to work under pressure with multiple priorities, and a sense of urgency is required
- Ability to remain calm in a fast-paced environment
- Strong decision making, organization, and communication skills, both written and verbal
- Effective time-management, problem-resolution, and research skills
- Ability to meet tight deadlines and escalate as necessary
- Demonstrated experience with and knowledge of Microsoft Excel, specifically macros and v-lookup functionality
- Proven track record of process improvements using technology
- Proactive mentality
- Ability to handle confidential material with utmost discretion
- Ability to work in an office location
- MBA and Master’s degree
- CAIA
- Advent APX, Addepar, Solovis, Efront, Tamarac, SWP portfolio accounting experience is a plus
- Advanced experience with Microsoft Excel, VBA preferred
- Medical
- Dental
- Vision
- Wellness program participation incentive
- Financial wellness program
- Gym membership discounts
- Fitness event fee reimbursement
- Corporate gym membership discounts
- Colleague Assistance Program
- Telemedicine Program (for those enrolled in Medical)
- Adoption Benefits
- Daycare late pick-up fee reimbursement
- Basic Life & Accidental Death & Dismemberment Insurance
- Voluntary Life & Accidental Death & Dismemberment Insurance
- Short Term Disability
- Paid parental leave
- Group Long Term Disability
- Pet Insurance
- 401(k) (50% employer match up to IRS limit, 4 year vesting)
Job Summary
JOB TYPE
Full Time
INDUSTRY
Investment Management
SALARY
$104k-184k (estimate)
POST DATE
06/27/2024
EXPIRATION DATE
08/31/2024
WEBSITE
brownadvisory.com
HEADQUARTERS
BALTIMORE, MD
SIZE
200 - 500
FOUNDED
1993
TYPE
Private
CEO
MICHAEL D HANKIN
REVENUE
$50M - $200M
INDUSTRY
Investment Management
Related Companies
About Brown Advisory
Brown Advisory is a Maryland-based investment firm that offersperformance and strategic advice and services to individuals, families and institutions.
Show more
Similar Jobs
Popular Articles
Top 10 Things to Avoid Putting on a Job Application
Read Article
How to Describe Your Education in a Resume
Read Article
How to Write a Memorable Cover Letter in 5 Ways
Read Article
4 Personal Finance Tips to Make During Job Transition
Read Article
4 Best Camera Setups for Interview
Read Article
Keeping a Job Search Journal: 9 Types of Journaling You Can Do
Read Article
