Job Title: Operations Analyst Duration: 6 Months Location: Salt Lake City, Utah
Duties: The External Investing Group (XIG) provides investors with investment and advisory solutions, across leading hedge fund managers, private equity funds, real estate managers, and traditional long-only managers. XIG manages globally diversified programs, targeted sector-specific strategies, customized portfolios, and a range of advisory services. Our investors access opportunities through new fund commitments, fund-of-fund investments, strategic partnerships, secondary-market investments, co-investments, and seed-capital investments. XIG provides manager diligence, portfolio construction, risk management, and liquidity solutions to investors, drawing on client’s market insights and risk management expertise. We extend these capabilities to the world's leading sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations and family offices, for which we invest or advise on over (USD)325 billion.
XIG Operations has primary responsibility for aspects of portfolio accounting, liquidity, credit facility management, foreign currency transactions, payments, and serves as the single point of contact for all business related inquiries. These functions cover a wide range of clients and a complex product range, which include equities, money markets, currency, leveraged financing, asset backed loans, and derivatives. The group supports portfolio managers, risk managers, sales, and client relationship professionals by providing accurate and timely client account information and overseeing all aspects of operational risk across portfolios and strategies. This involves extensive interaction with internal and external parties to ensure effective oversight for existing business and also to shape and implement solutions for new clients, products, strategies, and system architecture. The group continues to focus on best in-class client experience and working closely with the business to maintain and enhance client relationships.
RESPONSIBILITIES AND QUALIFICATIONS
Learn daily operational tasks and business initiatives quickly to add value as a subject matter expert.
Work closely with teams and colleagues across the globe to deliver the best experience for our clients by leveraging available resources or developing process improvements.
Understand and be consistent with the policies and procedures documented by the team.
Assist with recurring divisional and regulatory functions (e.g., quarterly, and annual operational risk assessments).
Drive consistency across various XIG business channels, including elimination of manual processes, and adoption of best practices.
Ability to self-direct, analyze, evaluate, and form independent and effective thought leadership in navigating evolving financial regulatory landscapes.
Provide excellent service when responding to requests and inquiries. Ensure complete accuracy in all work. Interpret and determine client needs and prioritize or escalate work as needed.
Review indicators proactively the operational issues/concerns with the goal of resolving such issues before client impact.
Review account level metrics as defined by operating standards and research, escalate, and remediate exceptions as appropriate.
Skills:
Prefer 1 to 5 years of professional experience.
Be highly collaborative, team-oriented and strong consensus builder.
Demonstrate strong communication and interpersonal skills both written and oral.
Strong attention to detail and experience producing complex customized client materials with highest degree of accuracy.
Advanced or highly proficient with Excel. Candidate is also expected to demonstrate adaptability to other software products.
Effective interpersonal skills, team player, self-motivated and demonstrate a willingness to take on more responsibility.
Preferred Qualifications
Previous experience in Operations and/or Financial Services industry.
Demonstrate ability to partner across product groups, regions and functional responsibilities.
Be a strategic thinker, possesses strong facilitation and data gathering skills.
Attention to detail and ability to work to tight deadlines under pressure and to provide practical solutions.
Possess experience in risk management concepts and processes.
Education:
Bachelor’s degree
About Us: Established in 2004, SPECTRAFORCE® is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRAFORCE is built on a concept of “human connection,” defined by our branding attitude of NEWJOBPHORIA®, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com
Benefits: SPECTRAFORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRAFORCE provides unpaid leave as well as paid sick leave when required by law.
Equal Opportunity Employer: SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at LOA@spectraforce.com if you require reasonable accommodation.
California Applicant Notice: SPECTRAFORCE is committed to complying with the California Privacy Rights Act (“CPRA”) effective January 1, 2023; and all data privacy laws in the jurisdictions in which it recruits and hires employees. A Notice to California Job Applicants Regarding the Collection of Personal Information can be located on our website. Applicants with disabilities may access this notice in an alternative format by contacting NAHR@spectraforce.com.
LA County, CA Applicant Notice: If you are selected for this position with SPECTRAFORCE, your offer is contingent upon the satisfactory completion of several requirements, including but not limited to, a criminal background check. We consider qualified applicants with arrest or conviction records for employment in accordance with all local ordinances and state laws, including the Los Angeles County Fair Chance Ordinance for Employers (FCO) and the California Fair Chance Act (FCA). The background check assessment will consider whether a criminal history could reasonably have a direct, adverse impact on the job-related safety, security, trust, regulatory compliance, or suitability for this role. Such findings may result in withdrawal of a conditional job offer.
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $23.00/hr.
