Director, Investment Systems Business Analyst

About Cresset

Cresset is an award-winning, independent, multi-family office, and private investment firm. Cresset’s goal is to reinvent the way people experience wealth by providing access to the talent, ideas, and investment opportunities available to the largest single-family offices and endowments. We offer deeply personalized wealth management, investment advisory, and family office services through Cresset Asset Management, an SEC-registered investment advisor that has surpassed $50 billion in assets under management. The firm is widely recognized for its excellence and is frequently ranked as a Barron’s and Forbes top RIA firm.

Overview:

We are seeking a skilled and detail-oriented Investment Systems Business Analyst to join our team at a leading wealth management firm. The ideal candidate will play a critical role in bridging the gap between business stakeholders and technology teams, ensuring the effective utilization and enhancement of investment systems. This position requires deep knowledge of wealth management operations, investment workflows, and the ability to analyze, design, and implement system improvements that align with the firm’s business objectives.

Key Responsibilities:

• System Analysis & Support: Serve as the primary point of contact for managing, supporting, and optimizing our investment vendor systems.
• Business Requirements Gathering: Collaborate with portfolio managers, traders, compliance, operations teams, and other stakeholders to gather and document business requirements for system enhancements or new functionalities.
• System Configuration & Customization: Work with internal and vendor teams to configure our investment platforms and Addepar to meet evolving business needs, ensuring systems are aligned with compliance, risk management, and reporting requirements.
• Data Integration & Management: Analyze, map, and ensure the integrity of data flows between our investment vendors, Addepar, and other systems, including portfolio accounting, CRM, and performance reporting tools.
• Process Improvement: Identify inefficiencies in current workflows and propose solutions to streamline processes, leveraging system capabilities to enhance productivity and user experience.
• Testing & Implementation: Develop and execute test plans for system upgrades, patches, or new features. Oversee successful implementation and monitor system performance post-deployment.
• Training & Documentation: Provide training and support to end-users on system functionalities, workflows, and best practices. Create and maintain comprehensive documentation for system configurations and processes.
• Vendor Management: Liaise with investment system vendors, Addepar, and other third-party vendors to address system issues, request enhancements, and stay informed on product roadmaps.

Qualifications:

• Experience: 5 years of experience as a Business Analyst or similar role in investment/wealth management.
• Platform Experience: Hands-on experience in Charles River Development (CRD) and Addepar.Bloomberg AIM and IMTC experience a plus.
• Technical Skills: Strong understanding of investment systems architecture, data flows, and integrations. Familiarity with SQL, data mapping, and API integrations is a plus.
• Financial Acumen: In-depth knowledge of wealth management operations, investment products (e.g., equities, fixed income, alternatives), and portfolio management workflows.
• Analytical Skills: Strong ability to analyze complex systems and data, identify issues, and recommend innovative solutions.
• Communication Skills: Excellent verbal and written communication skills to interact with diverse stakeholders and translate business needs into technical requirements.
• Project Management: Proven ability to manage multiple priorities, meet deadlines, and collaborate effectively in a fast-paced environment.
• Certifications: Relevant certifications such as CFA, CIPM, or certifications related to Charles River Development or Addepar are a plus.

What We Offer:

At Cresset, we focus on people first. As a service business, our people are our assets. Engaging our clients and employees is our highest priority. Starting base salary range: $150,000 - $175,000. Salary will be based on factors including, but not limited to, experience, licenses/certifications, industry knowledge, and geographic location. Cresset offers a competitive compensation package including an annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs. Aligning employee and organizational interests, all employees receive equity in Cresset.

Equal Employment Opportunity

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Cresset’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.