Associate, Investment Operations

Company Description: Pathstone is a dynamic, rapidly growing, partner-owned wealth management firm that serves ultra-high net worth families, single family offices, and foundations and endowments. Our comprehensive range of services and deep expertise goes far beyond investment advice. We provide tax planning and compliance, insurance and risk management, lifestyle management, wealth and estate planning, trust services, and philanthropy services. We have 20+ office locations and more than $100 Billion in Assets Under Advisement and Administration. The number of Pathstone team members has more than doubled in the past five years.

As a Certified B Corporation, Pathstone seeks to make a difference in the lives of our clients and their families as well as to offer a positive and supportive work environment for our employees. Our team members are encouraged to pursue their passions by serving on committees and initiatives addressing topics of importance to our business. Our talented people are our greatest asset and therefore we offer a competitive, comprehensive, and flexible benefits program that helps meet the needs of our team members and their families. Pathstone’s generous benefits include comprehensive medical, vision, and dental coverage, flexible spending, flexible PTO, life insurance, education support, 401k plan, parental leave, and more.

Description of Role:

The Investment Operations Associate position offers an opportunity to serve as a key member of our centralized investment operations team focused on private fund investments, separately managed accounts, client relationships, AML / KYC requirements, and transaction execution. The role requires strong attention to detail and a high degree of operational and process acumen.

In This Role, You Will:

• Work independently and prioritize tasks based on urgency and deadlines
• Coordinate with necessary parties as needed (including relevant counterparties, custodians, portfolio managers, client teams, research, and Legal & Compliance) to ensure seamless processing of transactions.
• Communicate directly with clients in a timely manner
• Independently complete fund subscription documents on behalf of clients.
• Independently complete custodian new account opening forms for clients.
• Timely and accurately execute investment operations (i.e. transaction processing, investment funding, cash transfers, facilitate securities trades, wire set-up, standing letters of authorization, etc.) in accordance with guidelines and regulatory requirements.
• Coordinate the collection of AML/KYC documents for client investment in funds with external clients and internal teams, applying judgment in response to specific manager requests.
• Using appropriate judgment, escalate issues and inaccuracies to the Director of Investment Operations.

You Are a Great Fit If You:

You do not have to match all the listed requirements exactly to apply. Pathstone believes that our organization and culture are made stronger through diverse perspectives and experiences.

• Possess a strong motivation to provide great client service
• Enjoy problem solving, a fast-paced environment, and working as part of a team.
• Value and model the attributes that make our firm great: collaboration, excellence, good judgement, initiative, innovation, integrity, and leadership.
• Believe that diversity and inclusion drive more robust dialogue and improved decision making and share our commitment to fostering an inclusive culture.
• Have a bachelor’s degree and one to three years of financial services experience, with exposure to the areas of investment operations, fund administration, data governance, and/or investment management.
• Work well in a diverse, “start-up” team environment where accountability and initiative are highly valued.
• Are an intellectually curious, creative problem solver who is not afraid to ask questions.
• Communicate effectively and are comfortable presenting in both verbal and written formats.
• Demonstrate the ability to handle pressure and thrive in a fast-paced, deadline-motivated environment, while maintaining a high level of attention to detail.
• Prioritize operating ethically and professionally, demonstrate a strong sense of integrity, and consistently exercise good judgement.
• Welcome feedback and are quick to act on it.
• Operate with a positive, proactive, “no-job-is-too-small” attitude.

Pay Transparency:

Pathstone’s expected starting base compensation range for the position as of the time of this posting is $90,000 - $105,000 per year. The actual base compensation selected for this role will be set based on a variety of factors, including (but not limited to) experience, education, specialty and training. The successful candidate(s) may also be eligible for a discretionary bonus award.

Visa Sponsorship:

Please note, we are unable to provide visa sponsorship for the position offered. Accordingly, we are unable to hire individuals who require, or will require, employment visa sponsorship either now or in the future.

California Privacy Notice:

Pathstone’s applicant privacy notice for residents of California is available here: https://hallcapital.com/california-personnel-privacy-notice/

Pathstone is an equal opportunity employer continually seeking to diversify its staff and will consider all qualified applicants with criminal history in a manner consistent with the requirements of the Fair Chance Ordinance of San Francisco and New York City’s Fair Chance Act.