Fund & IR Operations Analyst

About Allocate

Allocate is transforming private market investing by enabling RIAs and family offices to seamlessly discover, model and manage their private market exposure.

About the role

As a member of the Fund & IR Operations team, you will play a dynamic and vital role in supporting Allocate’s long-term growth. This role will provide critical support in servicing Allocate’s client base and maintaining accurate operational processes. This role reports into the Director of Fund & IR Operations and is ideal for someone looking to grow within fund operations and investor relations.

Responsibilities include (but would not be limited to):

• Work alongside the Relationship Management (RM) team and Fund & IR Operations Associates to manage the client pipeline
• Assist clients in processing subscriptions, transfers, and account maintenance updates
• Support the preparation, submission, and reconciliation of key custodian files (including capital calls, positions reconciliations, and trade/wire confirmations)
• Help coordinate and track investor deliverables such as audited financial statements and K-1s
• Monitor and respond to ad-hoc operational requests and service cases
• Perform initial AML/KYC and closing reviews to ensure compliance with regulatory requirements.
• Assist in the development of new processes to further automate workflows
• Coordinate internally (Legal, Finance, Product, and Engineering teams) to appropriately respond to inbound requests and questions
• Additional responsibilities will be determined based on capacity, skill, and interest

Qualifications:

• 1-2+ years of applicable alternative asset management or private wealth management industry experience preferred
• Advanced working knowledge of Microsoft Excel and CRM programs
• FINRA Registrations Series 7, 63 a plus
• Strong client service orientation with the ability to manage multiple, competing priorities
• Exemplary oral, written and interpersonal communication skills

Essential Values & Culture

• Providing our clients with a world-class experience is our number one priority. We obsessively search for ways to improve the experience for our clients and partners. This requires extraordinary response times, proactivity, and ensuring that everything we do, from product strategy to offline communications is a top-tier client experience.
• Challenge convention: Instead of detailing all the reasons why an idea may not work, we constantly question things to determine how a viable idea may be put into motion.
• Commitment to continuous improvement: We find ways to personally scale each day by pushing ourselves up the learning curve.
• Meritocracy, not politics: We place the utmost value on results and rewards through merit, not reward actions driven by political agendas or behavior.
• Civil Discourse is embraced: We believe open, intellectually curious conversations are required to arrive at the best decisions. Respect is paramount in our dealings with one another, but our mission is always to get the right answer collectively, not to be right.

Additional Details:

• Location: New York, NY
• Salary Range: $89-110k base salary + equity.
• May qualify for a discretionary bonus if employed and in good standing at the end of the fiscal year
• Benefits: Medical, dental, vision, responsible time off (RTO), 401k
• Employment: Full-time
• This role will be subject to Allocate's Code of Ethics and related compliance obligations of Allocate

The base pay offered will be determined based on the candidate’s experience, location, skills, training, certifications and education, and other relevant qualifications specific to the role, as well as internal equity and market data. Total compensation may also include a discretionary performance-based bonus. We do not anticipate that candidates hired will begin at the top of the range; however, from time to time, it may occur on a case-by-case basis.