Accounting, Artificial Intelligence (AI), Business Processes, Communication Skills, Cross-Functional, Customer Relations, Dental Insurance, Documentation, Economics, Equity Securities, Fiduciary, Finance, Financial Services, Health Insurance, Hedge Funds, Insurance, Know Your Customer (KYC), Money Laundering, Operational Support, Private Funding, Public Administration, Reconciliation, Regulations, Reimbursement, Securities, Securities and Exchange Commission (SEC), Tax Reporting, Time Management
Job Summary
The Investment Operations Specialist supports the processing and administration of public and private market investment transactions on behalf of client-facing advisory teams. This role serves as a primary point of contact for alternative investment operational matters, including subscriptions, contributions, distributions, and redemptions across a range of fund structures. The Specialist works cross-functionally with client teams, custodians, fund companies, and internal departments to ensure accurate, compliant, and timely execution of investment transactions.
Duties and Responsibilities
- Process public and private market investment transactions for client teams, including Alternative Investment (AI) subscriptions, contributions, distributions, redemptions, and transfers.
- Work with Technology Department & Custodian team to ensure the processes for AI's at each custodian are up to date.
- Assist in the implementation of processing new fund offerings for the client teams.
- Review fund documentation for accuracy and completeness prior to submission. Facilitate review of items needing clarification with client teams.
- Act as the liaison between client teams and fund companies to ensure timely communication on open issues, inquiries, and tax reporting.
- Assist with fund reconciliation following closes and capital calls.
- Communicate with custodians as needed regarding processing of AI paperwork.
- Ensure all investment transactions adhere to internal mandates, SEC regulations, and AML/KYC requirements.
- Modifies and documents internal business processes as needed.
- Additional assignments, as needed
Qualifications
- Bachelor's degree in Business, Finance, Accounting, Economics, or a related field preferred
- Minimum 1 year of experience in investment operations, financial services, or a related back-office function
- Familiarity with alternative investment products (hedge funds, private equity, real assets, or similar) preferred
- Working knowledge of AML/KYC requirements and SEC regulatory standards preferred
- Experience with custodian platforms and alternative investment subscription/documentation processes preferred
- Proficient in Microsoft Office applications; experience with Salesforce CRM preferred
- Must be authorized to work in the United States
Additional Information
Moneta is committed to providing the best possible care for our employees; part of this care includes offering comprehensive benefits that enhance the well-being of employees and their families:
- Paid holidays
- Paid time off (PTO)
- Employer cost-shared medical and dental insurance
- Employer-paid short-term disability, long-term disability, AD&D insurance, and basic life insurance
- 401k Match - 50% of employee contributions up to 6% of compensation
- Discretionary annual profit-sharing bonus
- Paid parental leave
- Professional development reimbursement
- Paid volunteer time off (VTO)
- Employee referral incentive bonus program
- Onsite wellness programs & rewards
- Employee engagement activities
Moneta is a fiduciary fee-only Registered Investment Advisory firm and unable to hold securities licenses with the exception of Series 65. We also do not allow outside business activities, insurance commissions, and/or trails.