Brown Advisory Incorporated

ISG Funds Operations Manager

Brown Advisory Incorporated$148K — $210K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree required
  • Master’s/Advanced degree preferred
  • 8-12 years of Fund Operations experience
  • Experience working with alternative funds (Hedge Funds and Private Equity)
  • Vendor contract negotiation experience
  • Superior analytical and problem-solving skills
  • Highly organized and detail-oriented

Responsibilities

  • Oversee strategic leadership of private and hedge fund operations
  • Strengthen relationships with fund vendors and custodians
  • Execute all capital activity for private fund vehicles
  • Evaluate and document workflows for alternative fund operations
  • Manage and develop fund operations team
  • Participate in the Firm’s Valuation Committee
  • Ensure compliance with regulatory requirements
  • Lead presentations with Fund Boards
  • Organize launches and closings of funds
  • Collect enhancement requests for fund operations
  • Execute ad-hoc projects and initiatives

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) with 50% employer match (4 year vesting)
Full Job Description

Position Summary

Operations at Brown Advisory provides applicants with a client first, fast paced, entrepreneurial environment where they will have the opportunity to develop their problem-solving skills with the support of dedicated teammates.  Our team takes great care to ensure that the needs of our clients are met and their expectations exceeded. The Fund Operations team is seeking a dynamic new leader to bolster our current processes and offerings. This role will provide the right candidate with the opportunity to lead a growing team, leverage their extensive experience, and add value to our firm in an outsized way.

Essential Functions/Responsibilities:

  • Responsible for the oversight and strategic leadership of our private and hedge fund operations, consisting of commingled vehicles and direct investments.

  • Lead and continuously strengthen Brown Advisory’s relationship with fund vendors and custodians with a focus on partnership and ensuring high client service and SLA adherence.

  • Oversee the execution of all capital activity related to the private fund vehicles – including capital call, distributions, subscriptions, redemptions, and all related capital activity.

  • Evaluate and document end to end workflow and processes for alternative fund operations to build scale, improve service, and position our fund operations to support the growth of the business.

  • Manage and develop existing fund operations talent – inclusive of three colleagues across offices.

  • Join and participate in the Firm’s Valuation Committee – organized to reach determinations on fair valuation and compliance with SEC regulations.

  • Adhere and ensure compliance with all regulatory requirements for our Funds.  Laise and facilitate delivery of accurate regulatory reporting in partnership with our compliance and legal teams.

  • Participate and lead presentations with our Fund Boards – collection and design of board presentation materials and work closely with business stakeholders to align on messaging.

  • Oversee and organize the launch, merging, and closing of all funds – work in tight coordination with legal and internal teams to project plan and coordinate all fund activity.

  • Collect and document enhancement and process related requests from our internal business stakeholders to course future advancements for fund operations.

  • Execute ad‐hoc projects and strategic initiatives for the business; partner with groups internally including, but not limited to, Private Client, Institutional Sales and Service, Technology and Infrastructure to deliver key results.

  • Advocate for our clients and firm through contract and service level negotiations with vendors.

Desired Qualifications:

  • Bachelor’s degree required

  • Masters/Advanced Degree preferred

  • 8-12 years Fund Operations experience

  • Experiencing working with alternative funds – Hedge Funds and Private Equity

  • Vendor contract negotiation experience

  • Management and creation of vendor service level agreements

  • Superior analytical and problem-solving skills

  • Superior written and oral communication skills

  • Highly organized and detail‐oriented

  • Diligent work ethic

  • Experience working in a team environment

  • Proactive mentality

  • Ability to adapt in a positive manner to rapidly changing priorities

  • Ability to remain calm in a fast paced environment

  • Ability to handle confidential material with utmost discretion

  • Interested applicants must conduct themselves in a highly professional manner

  • Demonstrates curiosity and a continuous improvement mindset by identifying opportunities to enhance processes, improve efficiency, and thoughtfully leverage new technologies and tools, including AI-enabled productivity solutions

DC Salary Range: $148.5k – $210k.Commensurate with experience and location. Does not include bonus or long term incentive eligibility (if applicable).

MD Salary Range: $135k – $200k. Commensurate with experience and location. Does not include bonus or long term incentive eligibility (if applicable).

NY Salary Range: $162k - $240k. Commensurate with experience and location. Does not include bonus or long term incentive eligibility (if applicable).

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).

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)

About Brown Advisory Incorporated

Brown Advisory is an investment management firm that provides wealth management, strategic advisory, and philanthropic services to individuals, families, and institutions. The firm manages assets for clients in the United States and internationally. Brown Advisory was founded in 1993 and is headquartered in Baltimore, Maryland.
Learn more about Brown Advisory Incorporated
Size
700 employees
Industry
Founded
1993
NASDAQ

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