Analyst-Associate

Summary

Join our team at ICONIQ Capital, a global investment firm, to work in one of four divisions: Data Operations, Fund Operations, Trade Operations, or Client Operations. As an operations professional, you will collaborate with internal teams, manage client processes, and partner with custodians and service providers to enhance the client experience.

Requirements

• Detail-oriented, organized, results driven and solution-oriented
• 2+ years of Accounting or Operations experience within Hedge Fund, Private Equity/Venture Capital firm or Fund Administrator
• Experience with Addepar or other Portfolio Management Accounting System and Salesforce or other Customer Relationship Management is a plus
• Demonstrated ability to work cooperatively and collaboratively with all levels of employees across multiple offices and time zones, as well as independently, to exceed clients’ expectations
• Strong Excel knowledge (construction of pivot tables, and use of VLOOKUPs, SUMIFs and similar formulas)
• Excellent interpersonal and communication skills and ability to learn quickly and execute efficiently

Responsibilities

• Collaborate with internal teams to handle various client processes
• Perform capital operations, bill pay, and general money movement
• Coordinate subscription documents for private investments of both third party and proprietary funds
• Execute and manage the client on-boarding process, account openings and transfers
• Carry out the execution of ongoing payments for personal properties
• Partner with custodians and service providers to manage and enhance the client experience
• Contribute to initiatives regarding the centralization of Family Offices processes
• Manage creation of assets and investments in Portfolio Management System
• Review Portfolio Management System for accuracy and completeness with respect to valuations, commitments, capital calls, distributions, etc
• Resolve any reconciliation discrepancies in a timely manner
• Collaborate with the investment team to produce quarterly fund reporting
• Oversee the operational aspects of the LP/investor lifecycle across ICONIQ’s funds and investment vehicles
• Respond to daily investor inquiries and requests through email and phone
• Prepare internal and external reports to analyze investor base, asset flows, etc
• Oversee and facilitate investors’ transfers across all ICONIQ funds
• Managing and facilitating the investment process through completion of subscription document and investment funding alongside our Investment Strategy Group
• Liquidity management which includes daily cash reconciliations, monitoring investors cash flows, and managing various lines of credit via loan drawdowns and paydowns
• Entity management for all ICONIQ entities, generating EINs, tax forms creation and maintenance, and bank account openings and closures
• Oversee ICONIQ’s internal inbox which includes managing clients’ investments emails and bulk cashiering process
• Managing the closing process for our Investment Management products, which includes maintaining, updating, and reconciling allocations and redemptions in our CRM system as well as working closely with our fund administrator
• Support ICONIQ’s internal and external trading teams and accounting groups by ensuring that all trades are accounted for and settled correctly
• Actively monitor daily trade orders and execution while maintaining limit order review process
• Assist in reconciling trading positions and settlement breaks with executing counterparties and custodians/prime brokers
• Collaborate with data and technology teams in building automation to streamline reporting, reconciliation, and order management

Benefits

• Comprehensive Medical, Dental and Vision Insurance
• Life and disability insurance coverage as well as family and wellness benefits including mental health benefits, fertility benefits, and back-up childcare
• A matching 401(k) program
• Commuter Benefits program
• Stipends to support wellness and hybrid working arrangements