What are the responsibilities and job description for the Vice President, Investment Operations position at Catalyst Capital Advisors?
About the job
The Investment Operations Team at Catalyst Funds and Rational Funds is searching for a Vice President – Investment Operations.
Catalyst Capital Advisors LLC and Rational Advisors, Inc. are registered investment advisers that are responsible for overseeing the investment programs of more than $12 billion in assets in mutual funds, ETFs and UCITS as of 12/31/2024. We are seeking an experienced and highly motivated individual with relevant experience in non-traditional investment products and complex instruments such as derivatives and asset-backed securities to engage in all aspects of investment and trading operations. The candidate will work closely with the investment, risk, compliance, and operations departments.
Primary Responsibilities:
The responsibilities required include daily fund operations activities across hedge funds, funds, mutual funds, and ETFs. This involves executing portfolio operations, trade settlement, cash management, regulatory compliance, and investor reporting. Additionally, the role requires preparing and reviewing Due Diligence Questionnaires (DDQs) and providing comprehensive support for 15c processes. Proficiency in trade operations, performing data reconciliation, and generating performance reports is essential. Understanding Fair Valuation of complex investments, mitigate operational risks, and ensure accurate NAV calculations is also crucial. Effective collaboration with investment teams, sub-advisors, and stakeholders is necessary to deliver seamless fund management services.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or a related field and at least 10 years of Financial Services industry experience with an emphasis on trading, operations and or fund administration.
- Excellent verbal and written communication skills including fluency in English
- Proficiency in Microsoft Office Suite, Bloomberg, and other financial tools
- Proven time management and organizational skills
- Capacity to work in a fast-paced, often-changing environment
Work Environment:
This is a hybrid position requiring three days in the New York City Midtown East or Huntington Long Island offices. Flexibility may be available based on individual circumstances and discussions with management. We have a collegial culture of cross-departmental partnership, where your work ethic and success will be recognized and rewarded.
Compensation
· Base salary is commensurate with experience, in the range of $140,000–$180,000.
· Candidates are also eligible for a discretionary bonus.
The Company also offers the following benefits:
- Health insurance is subsidized at 60% by the company.
- A 401(k) plan with a 3% company contribution for eligible compensation in accordance with IRS contribution limits.
- Other benefits, including supplemental insurance and perks, are employee-paid.
About Catalyst:
Catalyst Funds is a premier alternative asset manager. Since our founding in 2006, we have offered innovative strategies to support financial advisors and their clients in meeting the challenges of an ever-changing global market environment.
Catalyst offers a broad range of distinct, “intelligent alternative” funds. Our specialized strategies seek to address investor needs, including generating alpha, reducing volatility, limiting tail risk, mitigating interest rate risk, and generating income.
Salary : $140,000 - $180,000