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Alternative Investments/Assets Analyst Job in Cleveland, Ohio US
Monster
 
 
 
 

Job Summary

Company
KeyBank NA
Location
Cleveland, OH
Industries
Government and Military
Job Type
Full Time
Employee
Years of Experience
Less than 1 Year
Job Reference Code
84119911

Alternative Investments/Assets Analyst

About the Job

Location:
4900 Tiedeman Road - Brooklyn, Ohio 44144-2302

Qualified candidate must report to the office 2 days per week to the Brooklyn, OH (Tiedeman) location.

ABOUT THE JOB (JOB BRIEF)

The Alternative Investment Analyst role supports Key Private Bank, Wealth Management and Institutional Advisors in the processing of Alternative Investments. The role is responsible for daily processing of Alternative Investments including, initial purchases, subsequent purchases, exchanges, statement processing, subscription agreements, offering memorandums, capital calls, returnable return of capital, reinvestments, partial and full redemptions, unit and cost adjustments, and collections, re-registrations and distributions of Alternative Assets. The Analyst works with Administration to ensure proper documentation is received for all requests. The Analyst works with Pricing, Performance, Income Collections, Client Reporting and the Line of Business to ensure proper transactions are posted. Alternative Investments includes Limited Partnerships, LLC's, Hedge Funds, and REITs.

ESSENTIAL JOB FUNCTIONS

Analyze and interpret documentation received to ascertain how an asset should be setup, priced and processed
Research and work with Limited Partnership & Hedge Fund companies to resolve/understand statements and complex situations such as unit & market value discrepancies
Reconcile statements to transactions and positions in trust accounting system
Responsible for wire processing for Capital Call activity
Monitor Trust Alternative Investments mailbox daily
Uploading statements department share drive
Contacting fund companies to obtain monthly statements if not received timely
Subject matter expert on Alternative Investments and is responsible for training all new team members
Administer all Alternative Investment audits from start to issue resolution, escalating as needed
Research and resolve complex problems
Daily Reconciling
Trust Real Estate Management balancing
Responsible for collection, re-registration, and distribution of Alternative Assets
Handle GRC Audit requests
Research and resolve any transaction rejects
Handle the on-boarding and maintenance of Assets Under Management, while coordinating with Performance Measurement for accurate reporting
Act as the liaison between the LOB and the external fund company Foster strong relationships within the department, other Investment Operations areas, as well as with the LOB
Takes lead on system upgrades and testing, along with disaster recovery exercises
Maintain and develop documented procedures with and reviews and updates
Communicate any issues with the LOB, using system and industry knowledge to determine the appropriate resolution
Meet performance objectives for accuracy and timeliness in completing actions
Actively participate in department projects and efforts to increase efficiency and improve service
Contribute ideas for improvements appropriately
Prioritize workflow and adapt as expectations change

REQUIRED QUALIFICATIONS

B.S. in Business or Finance or equivalent work experience
Detail Oriented
Proven Analytical skills
Proven experience and success in a team environment
Proven difficult problem resolution skills
Proven ability to demonstrate the Key Values
Ability to multi-task, meet aggressive deadlines, and work with minimal supervision while prioritizing workloads and issues
Superior and timely decision making, resilient customer service skills, strong written and verbal communication skills, proactive problem solving
Strong peer leadership skills
Ability to adapt as customer/business/organizational expectations change

PREFERRED QUALIFICATIONS

Alternative Asset knowledge
Prior experience in trust operations
Knowledge of current systems: Global Plus, TRMS, APA, SharePoint, MS Office, Outlook

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be mobile or home based, which means you may work either at a home office or in a Key facility to perform your job duties.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $50,000 to $55,000 annually depending on job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance. Please click here for a list of benefits for which this position is eligible.

Please click here for a list of benefits for which this position is eligible.

Job Posting Expiration Date: 08/01/2025

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.
 
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