Associate, Alternative Investments

Description

At Corient, we help high- and ultra-high-net-worth individuals and families to 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.

Responsibilities: 

• Lead month-end and quarter-end close processes in coordination with fund administrators, including fund expense preparation and financial package review.
• Oversee and reconcile fund and client transactions, including capital movements, trading activity, line of credit usage, and expense allocations.
• Coordinate capital calls and distributions with third-party fund administrators and ensure accurate internal tracking.
• Support year-end audit procedures by preparing documentation and liaising with auditors and fund administrators.
• Support year-end tax processes by coordinating with external tax service providers.
• Assist with annual ADV compliance filings and related regulatory documentation.
• Collaborate with Client Advisor teams to resolve client inquiries.
• Interpret and extract key information from fund legal documents, including partnership agreements, offering memorandums, and audited financials.
• Contribute to team-wide projects aimed at improving operational efficiency and scalability.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related strongly preferred
• Minimum 4 years of experience in fund accounting, fund operations, and/or a tax-focused role.
• Strong understanding of fair value financial statements, hedge and private equity fund structures, and general ledger systems.
• Exceptional attention to detail and ability to manage multiple priorities in a fast-paced environment.
• Strong problem-solving skills and self-motivation.
• Proficiency in Excel, strong written and verbal communication abilities.

Desired: 

• CPA preferred.
• Hands-on experience with fund accounting and operations for alternative investments.
• Prior experience in public accounting, fund administration, or a tax firm.

Physical Requirements

• This position requires the physical capabilities to work in an office environment, which may include prolonged periods of sitting at a desk and working on a computer. Corient seeks to make reasonable accommodations that enable individuals with disabilities to perform essential duties when possible.
• This position may require the ability to lift up to 15 pounds.
• This position is required to work onsite 4 days per week.

U.S. Eligibility Requirements

• Must be 18 years of age or older.
• 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.
• Corient participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot confirm that you are authorized to work, this employer is required to give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) so you can begin to resolve the issue before the employer can take any action against you, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9.
• 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.

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:

• 401(k) Plan with Employer Matching
• Four Medical Plan options that is generously subsidized by Corient
• Employer paid Dental, Vision & Life and AD&D Insurance
• Employer paid Short-term & Long-term Disability 
• Paid Maternity & Parental Leave
• Flexible Spending Accounts & Health Savings Accounts
• Dependent 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. 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.  

The duties and responsibilities described are not a comprehensive list and additional tasks may be assigned to the employee from time to time; or the scope of the job may change as necessitated by business demands.