Fund Administration Analyst

Bessemer Trust is seeking a Fund Administration Analyst to join its Alternative Investments group working within the Alternative Investor Relations ("IR") team. The analyst will work closely with colleagues to administratively support all facets of our Alternative Investments fund of funds business. This role includes significant interaction with a wide variety of internal teams including Client Advisors, Investment Research, Finance, Tax, Marketing, Legal and Compliance, among others, to contribute towards maintaining and improving the day-to-day operations of our Alternative Investments business.

The Alternative Investments group comprises 27 dedicated team members across 5 teams: Hedge Funds, Private Equity, Real Assets, Advisory and IR. Alternative Investments manages 18 active funds with approximately $6.0 billion under management, encompassing over 300 underlying investment funds and over 9,000 client investments.

Responsibilities:

• Function as point of contact for Client Advisors and investors for Alternative Investments fund-related inquiries
• Fulfill requests and complete documentation related to Alternative Investments funds marketing, fundraising, subscriptions, capital calls, transfers, distributions, and fund redemptions – both investment manager and investor related
• Support function of coordinating and distributing client communications pertaining to Alternative Investments investment summaries, fund performance and marketing materials, as well as other general mailings
• Coordinate with underlying investment managers and internal Tax and Finance teams to facilitate and track the distribution of information to investors, such as K-1s and financial statements
• Fulfill requests and complete documentation related to investments offered through our External Manager Solutions program
• Monitor and maintain client records in accordance with compliance policies and procedure
• Assist with ongoing work and any special projects related to Alternative Investments

Qualifications:

• Bachelor's degree required
• 1-4 years of relevant experience
• General knowledge and comfort level with financial concepts and financial markets, previous experience with Alternative Investments a plus
• Ability to work independently and as a collaborative team member
• Positive attitude and willingness to take a proactive, problem-solving approach to work
• Successful candidate should be able to multitask and prioritize, with keen attention to detail
• Effective communicator with excellent written and oral communication skills
• Excellent interpersonal skills and ability to build working relationships with professionals at all levels of the organization
• Advanced proficiency in Microsoft Office (Word, PowerPoint and a strong emphasis on Excel)

The base salary range for this position is $80,000-$100,000. Actual salaries will vary and will be based on various factors, such as skills, experience, and qualification for the role.

In addition, this position may be eligible for a discretionary incentive based on individual and company performance.

Eligible employees may participate in a 401 (k) program with a company profit sharing contribution, medical, dental, vision, life insurance and disability coverage and paid holidays, vacation, and sick days.

About Bessemer Trust:

• Bessemer Trust is a family office, overseeing more than $200 billion in assets for over 3,100 individuals and families of substantial wealth. Its more than 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.
• Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.
• Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

 Key Facts:

• For more than 118 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
• Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
• To watch a video about Bessemer Trust’s history, click here.
• To learn more about Bessemer Trust, click here.

 About Our Employee Rewards and Benefits:

• We provide exceptional rewards and benefits that are among the best in the industry, giving our people access to a wide range of options, including:
• Competitive base salary plus discretionary annual bonus for select positions
• A 401(k) plan with a generous annual profit-sharing contribution
• Personalized development and career opportunities, including tuition reimbursement support
• Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
• Employee assistance (EAP) and wellness programs
• Hybrid work environment: 60% in office, 40% remote for most positions
• Paid time off and paid parental leave
• Employer-paid life insurance and short- and long-term disability coverage
• Legal services and financial wellness plans at no cost to employees

Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.