What are the responsibilities and job description for the Operations Analyst, Art Finance position at Yieldstreet?
Yieldstreet’s Art Finance team is looking for a Junior Operations Analyst to join us in New York to play a pivotal support position within one of our fasting growing asset classes. This person will work closely with the Head of Art Finance as well as the supporting team on key deliverables across the lifecycle of an Asset within our Art finance portfolio, including helping with supporting documentation and actions needed at the origination, due diligence, structuring, approval, execution and post close stages.
This role is a great fit for someone who has an understanding of and a passion for the Asset management lifecycle and is looking to play a part in one of the fastest growing asset classes in Private Markets. Yieldstreet is a category defining leader within Private Market retail investing and this position offers a unique opportunity to grow and contribute within a dynamic, cross-functional environment.
Key Responsibilities
Leverage Provider Documentation: Prepare and provide monthly and ad-hoc documentation to comply with leverage provider requirements.
Fundings and Paydowns: Efficiently facilitate and process new fundings and paydowns.
Audit Support: Organize and deliver necessary documentation to support accurate and timely audit processes.
Platform Distributions: Manage monthly interest and principal distributions.
Reconciliation: Identify, address, and resolve platform reconciliation issues to ensure data accuracy.
Invoice Management: Prepare and issue interest invoices to borrowers on a monthly or quarterly basis.
Third-Party Payments: Ensure timely payment of third-party invoices.
Covenant Monitoring: Oversee borrower covenants to ensure compliance.
Record Keeping: Maintain precise and up-to-date records across multiple systems.
Assistant: Assist the CEO of Art Finance on administrative tasks and data entry tasks
Qualifications
Yieldstreet is the leading private market investment platform. We believe that private market alternatives should be a fundamental part of your portfolio. That’s why we’re unlocking access to make it easier than ever to get started. We partner with top-tier investment managers to provide investors with a wide range of opportunities across real estate, venture capital, private equity, art, short term notes and more. All of our offerings are curated and vetted by our team to help investors diversify away from the stock market with confidence.
Why Yieldstreet?
Join a team of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages who are on a mission to make alternative investments a fundamental part of the modern portfolio. Our team is comprised of successful entrepreneurs with combined exits of over $1B. We get social with each other during happy hours, exercise classes and team off sites! We are a hybrid work company giving you the opportunity to connect with your peers in real time with the flexibility to work remotely a few days per week.
What’s in it for you:
Competitive compensation packages including equity
Health, dental & vision coverage with FSA/HSA options
Unlimited PTO
401k Match
Paid lunch once a week
Commuter benefit
Life insurance
Sabbatical
Summer Fridays
Compensation:
This role is a great fit for someone who has an understanding of and a passion for the Asset management lifecycle and is looking to play a part in one of the fastest growing asset classes in Private Markets. Yieldstreet is a category defining leader within Private Market retail investing and this position offers a unique opportunity to grow and contribute within a dynamic, cross-functional environment.
Key Responsibilities
Leverage Provider Documentation: Prepare and provide monthly and ad-hoc documentation to comply with leverage provider requirements.
Fundings and Paydowns: Efficiently facilitate and process new fundings and paydowns.
Audit Support: Organize and deliver necessary documentation to support accurate and timely audit processes.
Platform Distributions: Manage monthly interest and principal distributions.
Reconciliation: Identify, address, and resolve platform reconciliation issues to ensure data accuracy.
Invoice Management: Prepare and issue interest invoices to borrowers on a monthly or quarterly basis.
Third-Party Payments: Ensure timely payment of third-party invoices.
Covenant Monitoring: Oversee borrower covenants to ensure compliance.
Record Keeping: Maintain precise and up-to-date records across multiple systems.
Assistant: Assist the CEO of Art Finance on administrative tasks and data entry tasks
Qualifications
- Bachelor’s degree required
- 1-3 years of experience in a relevant field
- Strong organizational and multitasking skills
- Familiarity with financial processes, audits, and compliance is a plus
- Proficiency in reconciling data and resolving issues across platforms
- Effective collaboration with cross-functional teams
- Detail-oriented with a strong commitment to meeting deadlines
- Proactive mindset with a willingness to learn and adapt to new responsibilities
- Able to work in a high-pressure environment and administratively assist superiors
Yieldstreet is the leading private market investment platform. We believe that private market alternatives should be a fundamental part of your portfolio. That’s why we’re unlocking access to make it easier than ever to get started. We partner with top-tier investment managers to provide investors with a wide range of opportunities across real estate, venture capital, private equity, art, short term notes and more. All of our offerings are curated and vetted by our team to help investors diversify away from the stock market with confidence.
Why Yieldstreet?
Join a team of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages who are on a mission to make alternative investments a fundamental part of the modern portfolio. Our team is comprised of successful entrepreneurs with combined exits of over $1B. We get social with each other during happy hours, exercise classes and team off sites! We are a hybrid work company giving you the opportunity to connect with your peers in real time with the flexibility to work remotely a few days per week.
What’s in it for you:
Competitive compensation packages including equity
Health, dental & vision coverage with FSA/HSA options
Unlimited PTO
401k Match
Paid lunch once a week
Commuter benefit
Life insurance
Sabbatical
Summer Fridays
Compensation:
- HIRING SALARY RANGE: $80,000 (Actual salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data.) Compensation package also includes generous, bonus, benefits and equity.
Salary : $80,000
