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Operations Officer

Salary
$75,000-$99,999
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
New York City
 NY
Postal Code
10038
Country
United States

This job is no longer active.

Description


Under the direction of the Director of Real Estate and Real Assets and Director of Operations, with ad-hoc reporting to senior investment officers, the Operations Officer will perform the following duties:

  • Support the asset class teams in operational elements of all investment related activities.
  • Assist investment officers in performing due diligence for potential real estate and real asset opportunities by collecting relevant materials and data.
  • Interface with a variety of operational constituencies (legal, accounting, managers, investment officers) to facilitate the deal process once approved by the Internal Investment Committee or Real Estate Advisory Committee.
  • Work with the fund’s accounting staff, consultants, and custodian bank to establish timelines and ensure timely capital calls and accurate distributions of capital.
  • Support onboarding investment management solutions to enable superior performance and liaise with IT to connect external solutions to OSC and PICM systems
  • Maintain “first line of contact” with external partners to receive and report pertinent operational developments, reports, and other investment related data.
  • Work with Legal and Accounting to facilitate initial capital distributions to and ongoing financial reporting from co-investments and JVs by identifying critical reporting needs, sources of needed information, and reliable reporting responsibilities
  • Act as the daily point person with custodian bank and external investment managers’ operations.
  • Assist and coordinate with the preparation of content for Board and Investment Committee meeting materials.
  • Assist with the processing of requests for amendments and consents and ensure that the CRF responds in a prompt manner.
  • Assist in the procurement process for investment-related systems and services from end-to-end including RFP development and issuance, evaluation committee organization, and paperwork generation.
  • Assist with investment presentations, memos, analytical exercises, data-gathering projects, and other “ad-hoc” requests
  • Assist in the management of the affordable housing mortgage program.
  • Work with investment teams on an ongoing basis to identify investment process improvement opportunities.
  • Assist accounting with the preparation of the Annual Comprehensive Financial Report.
  • Assist with any audit requests for documentation.
  • Maintain accurate, timely, complete investment files.
  • Special projects as requested by Directors.
Required Minimum Qualifications:
  • Undergraduate degree from an accredited college or university majoring in business, finance, economics, accounting, or related field
  • Understanding of basic investment concepts, strategies, asset classes, and fundamental investment factors
  • Two (2) years of progressively responsible professional experience in Finance, Accounting, or Investment Operations
  • Strong oral and written communication skills to assist with memos, presentations, proposals, and other internal communications

Preferred Qualifications/Desired Competencies: 

  • Four (4) years of progressively responsible professional experience in Finance, Accounting, or Investment Operations (Relevant internships in asset management or finance industry count towards time accrued)
  • High ethical standards and commitment to the fiduciary responsibilities of a pension fund
  • Team player who stands ready to assist other members of the team to achieve unit objectives and actively seeks coaching, learning and growth opportunities
  • Knowledge of investment operations functions, including transaction structure, accounting, reporting, and monitoring
  • Knowledge of core investment concepts, strategies, operations, and fundamental investment factors across real estate and real assets
  • Working knowledge of software and systems used to monitor and manage investments
  • Knowledge of relevant statistical concepts used in investment monitoring and reporting
  • Detail-oriented working style and careful attention to complex operational processes
  • Ability to communicate issues, variances, solutions to business partners
  • Ability to meet deadlines, work under supervision, and take a detail-oriented approach to work
  • High degree of independence, self-direction, and time management ability
  • Working knowledge of advanced MS Office capabilities for charting and data manipulation

Job Function


 

Job Sector


Not specified

 

Experience


2+ to 5 years


This job is no longer active.

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