Job Description
FIRM OVERVIEW
Sierra Investment Management has three Registered Investment Advisers (RIAs): Sierra Investment Management (retail RIA); Ocean Park Asset Management (model delivery through Financial Advisors (FAs)); and Wright Fund Management (adviser to the Sierra Mutual Funds). The firm currently has assets under management of approx. $5.5 billion.
SUMMARY
The Investment Operations Analyst is responsible for ensuring the efficient and accurate operations of mutual funds, TAMP models and separately managed accounts (SMAs) within a fast-growing investment management firm. The successful candidate will work closely with portfolio managers, analysts, and other stakeholders to support the day-to-day operations, including performance reporting, portfolio data reporting, trade processing and reconciliation. Reports to the COO.
This role requires strong analytical and problem-solving skills, as well as a strong attention to detail and a deep understanding of the mutual fund and registered investment advisory industry.
KEY RESPONSIBILITIES
- Prepare and distribute accurate and timely performance reports for mutual funds and registered investment advisory accounts, including performance attribution, portfolio analysis, and risk metrics.
- Conduct daily reconciliations of trade positions and cash balances for mutual funds and registered investment advisory accounts and investigate and resolve any discrepancies.
- Prepare and distribute regular reports to internal and external stakeholders, including portfolio managers, marketing and sales.
- Assist in the gathering of portfolio data for due diligence questionnaire responses.
- Participate in special projects and initiatives as assigned.
Required Qualifications, Education, and Experience:
- Bachelor’s Degree in finance, economics, or a related field.
- 2+ years of experience in mutual fund or registered investment advisor operations.
- Strong understanding of mutual fund and registered investment advisory products, trade processing and reconciliation.
- Experience with performance reporting and portfolio data reporting, including performance attribution and risk metrics is preferred.
- Excellent analytical and problem-solving skills, with the ability to identify and resolve complex issues.
- Strong attention to detail and the ability to work accurately under tight deadlines.
- Excellent written and verbal communication skills, with the ability to interact effectively with a variety of stakeholders.
- Strong computer skills, including proficiency in Microsoft Excel and other data analysis tools.
- Ability to work independently, as well as collaboratively within a team.
- Experience with Morningstar Direct or Orion is a plus.
WORK ENVIRONMENT
Normal office working environment. Sierra is currently in a ‘hybrid’ work arrangement with employees in the office 3 days per week with the ability to work remotely 2 days per week.
COMPENSATION
- Ø Base salary $90,000 - $120,000 depending upon experience and fit
- Ø Eligible for annual bonus depending upon job performance
- Ø Subsidized health insurance
- Ø Dental and vision insurance available
- Ø 401(k) plan with employer matching contributions
Job Tags
Remote job, 2 days per week, 3 days per week,