What are the responsibilities and job description for the Associate - Fund Operations position at Rialto Capital?
Summary
Rialto Capital is an integrated real estate investment management and asset management platform, with a dedicated special servicer. Our mission is to be a world-class, industry leading organization that creates long term value for our investors and sustains results across market cycles.
The Fund Operations Associate is a full-time employment opportunity at Rialto’s corporate headquarters in Miami, FL.
A successful candidate will have a strong interest in finance, accounting, real estate investments and private equity. The preferred candidate will have strong written and verbal communication skills, with a background in finance, real estate, real estate capital markets and/or investor relations and reporting. The candidate will be working in a fast-paced environment and is expected to gain a broad understanding of the firm’s investment vehicles and portfolio management strategies, as well as an understanding of the funds’ and the firm’s operations.
Key Responsibilities
Rialto Capital is an integrated real estate investment management and asset management platform, with a dedicated special servicer. Our mission is to be a world-class, industry leading organization that creates long term value for our investors and sustains results across market cycles.
The Fund Operations Associate is a full-time employment opportunity at Rialto’s corporate headquarters in Miami, FL.
A successful candidate will have a strong interest in finance, accounting, real estate investments and private equity. The preferred candidate will have strong written and verbal communication skills, with a background in finance, real estate, real estate capital markets and/or investor relations and reporting. The candidate will be working in a fast-paced environment and is expected to gain a broad understanding of the firm’s investment vehicles and portfolio management strategies, as well as an understanding of the funds’ and the firm’s operations.
Key Responsibilities
- Manage the day-to-day Fund/Investment Vehicle operations including liquidity, credit facilities, and capital activity
- Prepare and manage weekly report covering firm wide capital activity including deal transactions, fund closings, capital calls and distributions
- Collaborate with other departments to understand business needs and implement strategies and automations to improve efficiencies and operational excellence
- Manage 3rd party pricing service relationships and oversee certain aspects of the liquid securities’ valuation process
- Embrace attributes of adaptability and flexibility as the specific duties and responsibilities will evolve based on both the skills of the incumbent and the changing circumstances at the Company
- Establish and monitor personal performance and goals through setting objectives, discussing priorities and providing feedback.
- Uphold a culture that is based on innovation, initiative and value-add results.
- Bachelor’s Degree is required from a top-tier university in Economics, Finance, Accounting or other related field is preferred
- Minimum 1-3 years of experience in an Investment or Operations-focused role; experience in Private Equity (Real Estate specific a plus) preferred
- Highly organized, with focus on process discipline and attention to detail
- Excellent communication and project management skills
- Must have a professional demeanor, problem-solving ability, and possess good communication and writing skills
- Must be available for weekend and after hours work which includes and is not limited to responding to emails in a timely manner and completing tasks based on directives given from supervisors
- Detail oriented
- Hard worker and collaborative
- Strong communicator
- Positive Attitude
- Strong interest in Real Estate and Alternative Investments