Operations Analyst

RockCreek is a leading global investment management firm that applies data-driven technology and innovation to sustainable investing. RockCreek’s entrepreneurial spirit, open culture, and inclusive team lead to better investments for universities, foundations, pension plans, and sovereign funds that partner with us. The firm is highly focused on the integration of environmental, social, and governance (ESG) factors as well as diversity and sustainable impact across portfolios to generate long-term returns. RockCreek has a culture of diversity, debate, and relentless drive to excel. RockCreek is among the largest woman- and diverse-owned and managed firms in the world.

Since our founding, RockCreek’s commitment to sustainable investing, long term value creation, and good governance has begun at home. The way we operate our offices and partner with multiple stakeholders keep with our aim to have a positive impact on markets globally and reduce our carbon footprint. Our founders have a deep commitment to sustainability as well as extensive experience with sustainable impact investing and ESG policies, dating back to the 1980s. This includes investing in energy, health, education, fintech, and financial inclusion. Our team members are responsible for the first-ever green bond done at the World Bank and the first ever bond done with a gender lens.

Job Description

RockCreek is looking for an Operations Analyst to join its Operations Team. The Operations Analyst will play a critical role in supporting the Operations Team in ensuring the accuracy of portfolio valuations, performance reports, and investment transactions. You will work with a highly experienced and talented team with deep knowledge in multi-asset class portfolios.

Responsibilities:

1. Perform daily and monthly reconciliation of positions, cash, and valuation with third-party administrators and custodians.
2. Calculate daily and monthly investment portfolio performance using accounting systems and service provider data.
3. Ensure accuracy and proper accounting treatment of investment activities including, but not limited to:
1. Valuations/ pricing.
2. Subscriptions and redemptions.
3. Private investment commitments.
4. Payments to/from underlying funds.
5. Accounts receivable/ payables.
6. Cost reconciliation.
7. Realized and unrealized gain/loss.
8. Corporate actions.
4. Verify accounting treatment of investor activities including contributions and withdrawals, calculation of asset-based fees and expenses, allocation of income/loss and expenses, calculation of performance fees, NAV computation, and series accounting.
5. Oversee annual audits of the portfolios which includes preparing and reviewing of financial statements with third party administrators, working with independent auditors, preparing audit confirmation requests, and other audit related tasks.
6. Validate tax filings such as K1’s, annual tax returns, and FATCA.
7. Handle ad-hoc requests and projects such as investor requests, audit confirmations, and other assigned tasks.
8. Knowledge of pricing and valuation of liquid and illiquid securities, including – equities, futures, forwards, and other derivatives.
9. Understanding of US GAAP for investment funds/portfolios.
10. Experience in maintaining trial balance and general ledger entries related to investment portfolio accounting.
11. Experience in using accounting software for portfolios.
12. Experience in Hedge Fund, Private Investment, and Multi-Asset Funds a plus.
13. Fully proficient in Microsoft Office Suite.
14. Demonstrated ability to apply good judgment specifically as it relates to identifying issues in a timely manner, good problem-solving skills and prioritization of workload to meet deadlines.

Qualifications

1. Excellent team player with a positive attitude, good work ethic, willing to take on additional responsibilities as needed, and take a proactive approach to ensure the success of the team as a whole.
2. Ability to interact well with co-workers across the firm, external clients, and third-party service providers.
3. Capacity to work effectively under time constraints with limited supervision, multi-task, and meet tight deadlines.
4. Strong interpersonal and communication skills, both written and verbal.
5. Knowledge of additional languages is a plus.
6. Undergraduate degree in finance or accounting.
7. 1-5 Years of relevant work experience at an asset manager, administrator, or public accounting firm.
8. Professional certification: CPA/CFA is a plus.

Additional Information

Consistent with our belief that team members are our most valuable asset, RockCreek offers a competitive benefits package.

● Medical, dental, and vision insurance; dependents eligible

● 401(k) retirement plan with company match

● Paid time off, sick leave, and company holidays

● Wellness programs including remote meditation and fitness classes