Russell Tobin and Associates/Pride Global is currently seeking a Investment Support Associate for Tempe, AZ. This is a 6+month contract position that could be extended for the right candidate.
Position: Investment Support Associate
Location: Tempe, AZ
Duration: 6+ months, with possible extension
Pay rate: $33.00-35.00/hr on w2
JOB SUMMARY:
Key job responsibilities (Duties):
- The Central Investor Services Support Associate is responsible for supporting the Investor Services and Investor Allocations teams acting as a subject matter expert in areas included but not limited to investor allocations, fee calculations and investor return calculations.
- Reviews and prepares offline and system generated calculations to support new fund launches and existing fund updates including but not limited to, complex expense and waterfall/incentive fee calculations, regular and specialized PnL allocations, performance metrics, such as IRR, MOIC, ROR on a partner, tranche or fund basis based on the terms of the offering documents.
- Proactively identifies issues through review of qualitative and quantitative data, anticipates obstacles and then implements mitigating solutions.
- Builds relationships with stakeholders, including project managers, and IT professionals, to ensure that project goals are aligned, and communication is effective.
- Completes system testing before releases.
- Reviews and prepares offline and system generated calculations to support new fund launches and existing fund updates.
- Complete complex expense and waterfall/incentive fee calculations, regular and specialized PnL allocations,
- Calculate performance metrics, such as IRR, MOIC, ROR on a partner, tranche or fund basis based on the terms of the offering documents.
- Completes system testing before releases for quality assurance of existing reports as well as functionality of new releases.
Requirements:
- Two to three years of experience in alternative investments industry
- Working knowledge of Microsoft Office products
- Proactive critical thinking and problem-solving skills.
Preferred Skills/Experience:
- General knowledge and understanding of the private funds (private equity, private credit) industry.
- Basic knowledge of Advent applications preferred.
- Strong communication, presentation, and documentation skills.
Benefits that Russell Tobin offers:
Russell Tobin offers eligible employee’s comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), a 401(k)-retirement savings, life & disability insurance, an employee assistance program, identity theft protection, legal support, auto and home insurance, pet insurance, and employee discounts with some preferred vendors.