Job Summary
The Investment Operations Specialist supports the processing and administration of public and private market investment transactions on behalf of client-facing advisory teams. This role serves as a primary point of contact for alternative investment operational matters, including subscriptions, contributions, distributions, and redemptions across a range of fund structures. The Specialist works cross-functionally with client teams, custodians, fund companies, and internal departments to ensure accurate, compliant, and timely execution of investment transactions.
Duties and Responsibilities
- Process public and private market investment transactions for client teams, including Alternative Investment (AI) subscriptions, contributions, distributions, redemptions, and transfers.
- Work with Technology Department & Custodian team to ensure the processes for AI’s at each custodian are up to date.
- Assist in the implementation of processing new fund offerings for the client teams.
- Review fund documentation for accuracy and completeness prior to submission. Facilitate review of items needing clarification with client teams.
- Act as the liaison between client teams and fund companies to ensure timely communication on open issues, inquiries, and tax reporting.
- Assist with fund reconciliation following closes and capital calls.
- Communicate with custodians as needed regarding processing of AI paperwork.
- Ensure all investment transactions adhere to internal mandates, SEC regulations, and AML/KYC requirements.
- Modifies and documents internal business processes as needed.
- Additional assignments, as needed
Qualifications
- Bachelor's degree in Business, Finance, Accounting, Economics, or a related field preferred
- Minimum 1 year of experience in investment operations, financial services, or a related back-office function
- Familiarity with alternative investment products (hedge funds, private equity, real assets, or similar) preferred
- Working knowledge of AML/KYC requirements and SEC regulatory standards preferred
- Experience with custodian platforms and alternative investment subscription/documentation processes preferred
- Proficient in Microsoft Office applications; experience with Salesforce CRM preferred
- Must be authorized to work in the United States
Additional Information
Moneta is committed to providing the best possible care for our employees; part of this care includes offering comprehensive benefits that enhance the well-being of employees and their families:
- Paid holidays
- Paid time off (PTO)
- Employer cost-shared medical and dental insurance
- Employer-paid short-term disability, long-term disability, AD&D insurance, and basic life insurance
- 401k Match – 50% of employee contributions up to 6% of compensation
- Discretionary annual profit-sharing bonus
- Paid parental leave
- Professional development reimbursement
- Paid volunteer time off (VTO)
- Employee referral incentive bonus program
- Onsite wellness programs & rewards
- Employee engagement activities
Moneta is a fiduciary fee-only Registered Investment Advisory firm and unable to hold securities licenses with the exception of Series 65. We also do not allow outside business activities, insurance commissions, and/or trails.
Skills Required
- Bachelor's degree in Business, Finance, Accounting, Economics, or a related field
- At least 1 year of experience in investment operations, financial services, or a related back-office function
- Familiarity with alternative investment products, such as hedge funds, private equity, or real assets
- Working knowledge of AML/KYC requirements and SEC regulatory standards
- Experience with custodian platforms and alternative investment subscription/documentation processes
- Proficiency in Microsoft Office applications
- Experience with Salesforce CRM
- Authorization to work in the United States
What We Do
Moneta is one of the nation’s premier comprehensive wealth management and financial planning firms distinguished by a legacy of innovation, service, and loyalty to our clients that only a completely independent company can offer. At Moneta, we believe in the power of relationships. Our team of dedicated professionals are passionate about making a difference in people’s lives by empowering them to navigate life’s path and protect what they cherish. We foster a culture of excellence and continuous growth, providing opportunities for you to develop your career while helping individuals, families, and institutions achieve their financial goals through highly personalized services leveraging cutting-edge technology and deep industry expertise. At Moneta, you will seek to understand, discover possibilities, and take action to deliver an exceptional experience. Our approach focuses on building long-term relationships with clients so we can design and execute custom solutions tailored to their unique needs and aligned with their personal aspirations.
