The Senior Operational Due Diligence Analyst will identify and assess operational risk factors at prospective and currently funded traditional and alternative (hedge fund, private equity, private real estate, infrastructure) investment managers through the performance of operational due diligence reviews.
The responsibilities of the individual in this position include:
Evaluates business, compliance, and operational risks associated with traditional and alternative investment managers relative to the scope of the Global Manager Oversight and Due Diligence (GMODD) program requirements by conducting desktop and/or on-site reviews of investment managers globally.
Leads due diligence reviews focusing on several areas including, but not limited to, organizational structure, regulatory compliance, legal entity risks, fund structure risks, allocation policy, valuation policy, cash and collateral management, trading infrastructure, asset monitoring, information technology, background checks as well as third party service providers utilized by the investment manager (e.g. administrator, prime broker, custodian, auditor).
Obtains and analyzes investment manager documentation including offering memorandums, fund formation documents, deal documents, financial statements, regulatory filings, due diligence questionnaires, and policies and procedures.
Identifies key areas of operational risk and confirms that the manager has completed associated remediation actions and/or implemented appropriate mitigating controls.
Prepares written reports for internal and external distribution documenting the due diligence performed, findings and recommendations tosupport conclusions.
Communicates summary conclusions to internally interested parties and conducts follow-up with investment managers on any recommendations or risk findings, as needed.
Ensures records management/data systems are maintained and up todate.
Proactively identifies and leads efforts/projects to evolve the team’s practice in operational due diligence.
Supports presentations of the due diligence program in meetings with current and prospective clients.
Stays current with industry best practices and key events across applicable areas (e.g. regulatory, technology/systems, trading).
The successful candidate will have extensive demonstrable skills and experiences including the following:
Bachelor's Degree in relevant field required, MBA preferred.
Minimum 8+ years of experience in a Business Analyst, Operations, Compliance role within financial services, including Operational Due Diligence experience.
Knowledge of private equity / real estate / hedge fund strategies and trading, valuation, reconciliation issues and best practices of the industry.
Ability to articulate concerns/issues effectively tointernal and external senior investment management professionals and compliance professionals.
Demonstrated initiative towork independently and engage, undirected, in execution of responsibilities required.
Strong attention to detail. Must be able to consume and triangulate information and data from multiple sources and ultimately reconcile any conflicts.
Ability tosupport ongoing reviews and take the leadon ad hoc projects while maintaining accountability and ensuring that expected deadlines are met. Must be able to multi-task and prioritize multiple projects in an efficient manner.
Excellent communication skills, both oral and written required.
Excellent interpersonal skills integrating tact and diplomacy required.
Ability to professionally represent the firm required.
Proficient in Microsoft Office project management and coding skills are preferred
Familiarity with various global regulatory and compliance regimes, rules, and regulations preferred.
Familiarity with investment best practices with respect to operations, accounting, technology, and compliance preferred.
Willingness and ability for domestic and international travel (up to 25%).
Must be a team player.
Equal Employment Opportunity
Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status , or any other characteristic protected by law.