Alternative Investments Operations Specialist

Join a team that values your ambition and empowers your growth

At Corient, we help high- and ultra-high-net-worth individuals, families and high achievers of all types enjoy a full life, while enabling them to preserve their wealth for future generations, and provide for the people, causes and communities they care about. We focus on exceeding expectations, simplifying lives, and establishing legacies that last for generations. We are always looking for talented and motivated individuals to join our team. If you want to work for a company that values your contributions and supports your growth, we would like to meet you.

Location: Newport Beach or San Diego, CA

Overview

As an Alternative Investments Operations Specialist, you will play a pivotal role in supporting and managing alternative investment operations for Corient’s alternative investments platform. This position will report to the Regional Head of Operations, Jeff Lin.

Responsibilities

Process Client Subscriptions and Manage Fund Closing Processes: Coordinate and manage the subscription and fund closing process. This includes maintaining client profiles within subscription generation platforms, tracking client subscriptions, filling out subscription documents, collecting signatures, and coordinating fund closing details with fund sponsors, custodians, and local offices. Process and Oversee Capital Calls and Distributions: Collect and maintain projected flows data for alternative investments. Process and oversee capital calls and distributions. This includes coordinating with trading teams, advisors, CSAs, and custodians, as applicable. Process Transfers and Account Updates: Handle investment entity transfer requests and account updates. Collaborate with Reporting Teams: Work in conjunction with reporting functions to ensure the smooth flow of information between fund sponsors/administrators and reporting teams. Tax Reporting: Assist with the tracking and collecting of all tax-related documents for alternative fund investments. Contribute to Standardization: Assist with the standardization of alternative investment operations within your region and across Corient as a whole. Opportunity for growth into additional areas related to alternative investments based on interests and capabilities.

Qualifications & Requirements

BA/BS degree, or equivalent combination of education and work experience. 2-3 years of experience in high level administrative or data management roleProficient in the following technology: Salesforce (CRM), Portfolio Accounting Software, DocuSign, Microsoft Office suite (Word, Excel, PowerPoint), and SharefileFinancial services industry experience preferredAbility to work with others and take direction from multiple sourcesStrong understanding of investment and CRM dataAnalytical thinking, problem solving and decision making skillsStrong analytical and problem-solving skills Communicate effectively, both orally and in writing Strong attention to detail with a high degree of accuracy and consistency High standards of professionalism and confidentiality Awareness of security and compliance protocols and client data security Key interactions will include the following stakeholders: Client Service team, technology team, leadership, wealth advisors, finance team, compliance team, and external vendors

Physical Requirements

Prolonged periods of sitting at a desk and working on a computer. Must be able to lift up to 15 pounds at times.

U.S. Eligibility Requirements

Must be 18 years of age or older. Must be willing to submit to a background investigation; any offer of employment is conditioned upon the successful completion of a background investigation. Must have unrestricted work authorization to work in the United States. For U.S. employment opportunities, Corient hires U.S. citizens or permanent residents. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. Corient will require proof of work authorization. Must be willing to execute Corient’s Employee Agreement or Confidentiality and Non-Disclosure Agreement, which require, among other things, post-employment obligations relating to non-solicitation, confidentiality and non-disclosure.

Pay Information

This position is exempt and is paid according to the laws of the State of California. The pay range for this position is $69,550-111,090 per year. We are required to provide a reasonable estimate of the compensation range for this role. This range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications, and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience.

What You Can Expect From Us

Our dedication to the Employee Experience at Corient is aimed at supporting, empowering, and inspiring our talented team through:

Flexible & Hybrid Work Program 401(k) Plan with Employer Matching Four Medical Plan options that is generously subsidized by CorientEmployer paid Dental, Vision & Life and AD&D Insurance Employer paid Short-term & Long-term Disability Paid Maternity & Parental Leave Flexible Spending Accounts & Health Savings AccountsDependent Care FSA Commuter & Transit FSA Corporate Discount Program - Perkspot Training Reimbursement Paid Professional Designations Giving back to the community - Volunteer days

Corient is one of the fastest-growing wealth management platforms in the United States. We serve more than 10,000 clients and manage over $100 billion of assets through offices located across the country. We combine a boutique's personal service, creativity and objective advice with the extensive resources and vast intellectual capital of an innovative industry leader to create a profoundly different wealth management experience for our clients.

We are focused on building a diverse and inclusive workforce. If you are excited about this role and are not confident you meet all the qualification requirements, we encourage you to apply to investigate the opportunity further.

We are an equal-opportunity employer and value each person's unique background, diversity, experiences, perspectives and talents. All candidates will be recruited, and, if applicable, selected and employed without regard to sex, race, religion, marital status, veteran status, age, national origin, sexual orientation, gender identity, color, creed, ancestry, disability, genetic information or any other basis It is prohibited by law.

Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all our employees and expect each of our employees to honor this commitment in their daily responsibilities.

We are an equal opportunity employer. All candidates will be recruited and, if applicable, selected and employed without regard to sex, race, religion, marital status, veteran status, age, national origin, sexual orientation, gender identity, color, creed, ancestry, disability, genetic information or any other basis prohibited by law.