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Operational Due Diligence (“ODD”) is Albourne’s largest investment function with over 130+ employees across North America, Europe and Asia. We provide our clients with a thorough analysis of all non-investment related aspects of an investment manager’s business and prepare a written research report which outlines risks and recommendations. This includes reviewing an investment manager’s organization, investment operations, counterparty management, financing, valuation, information security, regulatory compliance, and employment practices. As part of the ODD team, you will have the opportunity to review funds with a diverse mix of strategies. You will have access to work collaboratively with a large group of peers, and you will have the opportunity for self-development through access to Albourne’s significant internal knowledge sharing resources and systems.
Job Responsibility:
Evaluate assigned alternative investment funds and managers across all asset classes. Produce detailed written reports with an analysis of operational risk and internal controls
Ongoing monitoring of assigned funds and updating written reports to reflect changes to the operational risk for those funds
Lead onsite interviews with alternative investment firms to discuss operational risks and internal controls
Review and interpret financial statements, offering documents, and other fund literature
Conduct reference checks with service providers for completion of the relevant reports
Prepare clear, accurate, concise reports, in line with client and management deadlines
Liaise with clients and fund managers with respect to ODD inquiries
Develop and champion alternative investment industry “best practices” with respect to ODD
Stay current on industry standards and trends to help to facilitate knowledge transfer within the ODD group, the company, Albourne clients, and across the industry
Mentor Associate Analysts in Albourne’s ODD process
Support business development activities and client interactions
Participate in project work to support the due diligence process and broader company initiatives
Act as an ambassador for Albourne at industry events
Collaborate with colleagues across teams and regions
Become an active idea contributor to client newsletter and internal intranet
Requirements:
At least 3 years prior relevant experience in the alternative investment industry, such as operational due diligence, fund auditor, fund accountant, or operational experience
Strong academic background (Degree or equivalent qualification)
Possession of professional qualification (e.g. CAIA, CFA, ACA) or interest in obtaining relevant professional qualification
High level of writing proficiency
Experience of report writing
Proactive self-starter, proficient time management and multi-tasking
Professional demeanour and strong interpersonal skills
Attention to detail
Ability to travel overseas
Attend company events
Comply with terms of Albourne Compliance Manuals
Meet regulatory requirements
What we offer:
Competitive salary
Discretionary bonus
Wellness program (fitness tracking device, classes)
Life insurance
Professional development support
25 days holiday plus bank holidays
Tax-efficient benefits (cycle to work, season ticket loan, private medical insurance)
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