Investment Operations Specialist

Company Overview

Every firm has a culture – the values, beliefs, methodology, attitudes and standards that reflect an organization’s DNA. But the truly inspiring firms – the game-changers, the industry leaders and the disruptors – have cultures that propel them to innovate and stand out. At Brown Advisory, we aim to be one of those inspired firms. Over the years, we have purposefully built and nurtured our client-first culture.

Brown Advisory is an independent investment management and strategic advisory firm committed to delivering a combination of first-class performance, strategic advice and the highest level of client service. The firm’s clients—including individuals, families, family offices, endowments, foundations, charities, institutions, consultants, and financial intermediaries—are served by over 1,000 colleagues worldwide, all of whom are equity owners of the firm.

Job Description 

Brown Advisory is seeking a proactive and detail-oriented professional to join the firm as an Investment Operations Specialist. The Investment Operations Specialist is an integral member of the investment team, reporting to the portfolio manager and interacting regularly with the entire investment team. This role is responsible for providing operational support to a client base of large complex portfolios through data management, reporting, cash flow tracking, and general support of broadly diversified family office portfolios with high allocations to alternative investments. The ideal candidate is a self-starter who demonstrates strong accountability, sound judgment, and a high level of attention to detail. 

Primary Duties and Responsibilities 

• Establish and monitor investment manager communications and transactions; gather, review, and ensure relevant data is properly reflected in systems.

• Collaborate with client team to set up new manager positions and investments accurately in systems and maintain consistent and clear communication across internal and external stakeholders.

• Own the accuracy of portfolio reporting to enhance execution and mitigate risk: interpret manager and custodian reports, keep manager documentation current, partner with other functions (operations, technology) to ensure timely and accurate data, remediate issues, and reconcile discrepancies.

• Track and reconcile cash flow activity.

• Perform first review of performance return data for quarterly reporting and work in partnership with investment team on producing and finalizing client reports.

• Monitor other investment manager requests and coordinate with responsible team members.

• Play a lead role in onboarding large and complex portfolios to Addepar, particularly those with alternative assets, by ensuring historical performance data is accurately collected, validated, and incorporated into reports, and that all reporting formats align with the needs of both the client and the investment team.

• Assist in process design with counterparty teams to continuously improve operational efficiency for complex clients.

• Contribute to ad hoc client-related initiatives and team projects as needed. 

Minimum Qualifications 

• Bachelor’s degree

• 2-5 years of substantive investment operations experience  

• Demonstrated critical thinking and sound judgment in evaluating and resolving operational issues.

• Strong organizational skills with exceptional attention to detail; proactive, self-motivated, and able to produce high-quality work under tight deadlines

• Proven ability to work effectively and collaboratively within a team. 

• Strong communication skills, both written and verbal. 

• Client-first mindset with excellent client service orientation, flexibility, and follow-through. 

• Strong time management, problem-solving, and research capabilities. 

• Advanced proficiency in Microsoft Office, particularly Excel. 

• High level of technical aptitude with the ability to quickly learn and adopt new technology solutions. 

Preferred Qualifications 

• Desirable experience includes investment operations at a family office, endowment, foundation, or investment management firm, with a good understanding of business, legal, and accounting considerations related to alternative investments and capital markets.

• Proficiency in interpreting and reconciling investment reporting across public, private, and hedge fund strategies (e.g., capital account statements, K‑1s, custodial/administrator reports, fee and NAV calculations, performance metrics)

• Experience with performance reporting process and systems

Applicants must be authorized to work in the United States without the need for current or future employer-sponsored work authorization (e.g., H-1B , O-1, F-1 (OPT), TN, or any other non-immigrant visa classifications that require employer support or sponsorship).

Salary: $95-110k. Commensurate with experience and location. Does not include bonus or long-term incentive eligibility (if applicable).

Benefits

At Brown Advisory we offer a competitive compensation package, including full benefits.
•    Medical
•    Dental
•    Vision
•    Wellness program participation incentive
•    Financial wellness program
•    Fitness event fee reimbursement
•    Gym membership discounts
•    Colleague Assistance Program
•    Telemedicine Program (for those enrolled in Medical)
•    Adoption Benefits
•    Daycare late pick-up fee reimbursement
•    Basic Life & Accidental Death & Dismemberment Insurance
•    Voluntary Life & Accidental Death & Dismemberment Insurance
•    Short Term Disability
•    Paid parental leave
•    Group Long Term Disability
•    Pet Insurance
•    401(k) (50% employer match up to IRS limit, 4 year vesting)

Brown Advisory is an Equal Employment Opportunity Employer.