We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Position Overview
The Investment Operations Senior Analyst/Associate will work on the cash and liquidity management for various investor facing funds managed by StepStone and assist in onboarding new funds to StepStone’s Private Debt Platform. The Senior Analyst/Associate will be in contact with professionals across the company and will work with different external service providers.
Essential Job Functions:
- Run daily cash reports to assess the need for cash actions in the form of Money Market Fund (MMF) subscriptions/redemptions, FX spots/swaps, credit line draws/repayments and investor capital calls
- Prepare and arrange for execution of MMF subscription/redemptions
- Prepare and arrange for execution of FX spots/swaps with different FX providers
- Prompt credit line draws/repayments and liaise with the dedicated credit line team to ensure timely and accurate delivery of requests to various credit line providers
- Assist on whether expiring credit line loans should be rolled or matured
- Assist with the calculation of investor capital calls, prepare internal approvals and share final numbers with external administrators
- Assist in the onboarding of new funds by opening bank accounts, onboarding service providers, update trackers and logs
- Work on enhancement of existing reports to help automate and streamline cash checks
Education and/or Work Experience Requirements:
- For the position at hand, we seek applicants with 2–5 years work experience and a bachelor’s degree from a top-tier college or university. The following factors will be a benefit for the potential candidates
- 2-5 years of relevant experience in Middle office or other investment fund related role is preferred but not necessary
- Experience in Private Debt is a plus
- Demonstrates commitment, accuracy and attention to detail, even in a high-volume, fast-paced environment
- Takes initiative and ownership of responsibilities assigned
- Ability to prioritize activities while working towards multiple daily deadlines and cut-offs
- Highly motivated with a willingness to learn
- Passion for fast-paced learning, especially in a technology-enabled environment
- Good analytical skills with a flair for processes as well as good IT skills
- Strong interpersonal and customer service skills
Other Desired Skills/Attributes:
- Flexibility—StepStone is a dynamic and entrepreneurial organization; all professionals are expected to perform multiple functions
- Promote and demonstrate a positive, team-oriented attitude
- Effective communication skills and strong problem-solving skills
- Highly proficient in using Excel, Word, and other Microsoft office programs
At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
Developing People at StepStone
Top Skills
What We Do
StepStone Group (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals.StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.
