What are the responsibilities and job description for the Investment Implementation Associate position at GCM Grosvenor?
SUMMARY
As a member of the Investment Implementation team within GCM Grosvenor’s Finance Department, the Associate will conduct day-to-day investment operations-related responsibilities for the GCM Grosvenor funds with a focus on implementation of hedge fund, private equity, real estate, and infrastructure investments.
The Associate will liaise with numerous internal departments, including Investments, Portfolio Management, Legal, Fund Finance and Client Services in addition to external parties such as investment managers, administrators and custodians to coordinate the relevant functions.
As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays and Thursday.
RESPONSIBILITIES
- Ensure that the investment-related decisions of GCM Grosvenor’s Portfolio Managers, Investment Committees and Operations Committee are executed appropriately by implementing subscriptions, redemptions and transfers of interests among hedge fund, private equity, real estate, and infrastructure investments.
- Prepare and disseminate applicable investment documentation for investments (e.g., subscription documents, co-investment documents, redemption notices, transfer agreements and letters of direction).
- Liaise with external investment managers, administrators and custodians regarding investment decisions and related inquiries.
- Serve as the main point of contact between GCM Grosvenor, external administrators, and managers to ensure compliance with Anti-Money Laundering requirements.
- Identify and negotiate transactions required with investment managers to effect GCM Grosvenor Fund modifications, Fund restructures, transitions and transfers in-kind.
- Interface directly with external clients by preparing client reports and communications and implementing customized client requirements.
- Review and analyze governing documentation for planned investments in order to understand the terms and conditions of the GCM Grosvenor Fund investment.
- Review key provisions of underlying hedge fund documentation that have been abstracted into GCM’s databases in order to aid in investment decision making.
- Review legal documentation for newly created GCM Grosvenor funds to identify and extract key information required for completing subscription agreements.
- Perform liquidity analysis on hedge fund investments.
- Monitor and ensure compliance with internal trading policies and procedures.
- Design and implement control techniques including working with Information Technology staff to develop and implement automated solutions and find ways to leverage existing technology and software.
- Participate in and lead special and recurring projects and report results to senior management.
- Perform additional related duties as assigned.
EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS
- BA/BS with outstanding academic credentials.
- 3 to 5 years of business experience in the financial industry. A prior focus in the asset management segment of the financial services industry is preferable.
- Outstanding verbal and written communication skills. Proven ability to communicate effectively with clients and key stakeholders.
- Strong attention to detail and concern for quality and accuracy of final product.
- Ability to multi-task and prioritize work in a fast paced, changing environment.
- Excellent work ethic and high degree of professionalism.
- Proven ability to design and implement new processes.
- Superior organization, decision making and problem solving skills.
- Demonstrated initiative and ability to manage projects independently from start to finish.
- Strong interest in furthering technological initiatives to create efficiency and reduce risk.
- Proven ability to work both independently and within a team.
- Strong analytical abilities.
- Highest degree of integrity and ability to maintain confidential information.
- Proficient in Adobe Acrobat and Microsoft Office Suite (including Outlook, Excel, Word and PowerPoint).
- Desire to work in dynamic, entrepreneurial organization.
In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart and successful colleagues. He or she will enjoy being part of an organization focused on excellence and will be a naturally collaborative person who enjoys interacting with individuals at all levels. Additionally, he or she will be a strong team player with a proactive approach and the ability to exercise discretion and judgment.
CULTURE
We are not afraid to think differently. Embrace new ideas. Dream big. Welcome change. We are a culture of empowerment, accountability, high performance, and trust. Successful team members are self-motivated and energized by working alongside thoughtful and smart colleagues in a fast-paced environment. Individuals who thrive on this team enjoy being a part of an organization focused on excellence. We look for naturally collaborative individuals who enjoy interacting at all levels of the organization.
DIVERSITY, EQUITY & INCLUSION
A diverse, engaged team is critical to our ability to successfully create and deliver value to our clients. We are committed to creating an inclusive environment where diverse professionals can thrive professionally, and we are dedicated to training, retaining, and promoting minorities, women, LGBTQ employees, veterans and individuals with disabilities. Over 55% of GCM Grosvenor employees and 43% of executive management are women and/or ethnically diverse individuals. In addition, we seek to drive a more diverse, inclusive industry through our partnership with diverse professionals organizations and by consciously working with subcontractors and vendors that are certified as minority-, women-, or persons with disabilities-owned businesses.