What are the responsibilities and job description for the Wealth - Manager, Client Onboarding position at HarbourVest Partners?
Job Description Summary
For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.
In our collegial environment that’s marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.
We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.
HarbourVest is an equal opportunity employer.
This position will be a hybrid work arrangement, which translates to 2-3 days minimum per week in the office.
The Investor Onboarding Manager will have accountability for the oversight of subscriptions and repurchases for high net worth and institutional investors. This person will also work closely with the funds’ third-party administrators.
The ideal candidate is someone who is/has:
Transaction Oversight: Serve as a key member of the Private Wealth team reporting to the Head of Client Onboarding and the Head of Private Wealth and be accountable and responsible for driving and ensuring the operational excellence of the wealth focused investment vehicles.
For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.
In our collegial environment that’s marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.
We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.
HarbourVest is an equal opportunity employer.
This position will be a hybrid work arrangement, which translates to 2-3 days minimum per week in the office.
The Investor Onboarding Manager will have accountability for the oversight of subscriptions and repurchases for high net worth and institutional investors. This person will also work closely with the funds’ third-party administrators.
The ideal candidate is someone who is/has:
- A strong understanding of the mechanics and inter-dependencies of SEC-registered Funds, outsourcing of service providers, and distributors within the US private wealth channel
- Experience working with funds subject to the Investment Company Act, the Investment Advisers Act, Securities Act, and Securities Exchange Act and with corresponding compliance requirements
- Strong written and oral English communication skills
Transaction Oversight: Serve as a key member of the Private Wealth team reporting to the Head of Client Onboarding and the Head of Private Wealth and be accountable and responsible for driving and ensuring the operational excellence of the wealth focused investment vehicles.
- Contribute to Wealth product development to achieve strategic objectives
- Plan and manage the new account onboarding process
- Serve as primary contact to clients for onboarding accounts and trade servicing
- Process and reconcile monthly trading activity
- Manage the ongoing processing of all transactions and ad hoc requests
- Serve as key liaison to other areas supporting Wealth clients including operations, performance and compliance, including cross divisional operational groups
- Participate in group projects to improve quality and efficiency within the client services
- Strong academic and professional credentials
- 10 years of investment, client service and/or experience with the operations of SEC-registered investment companies
