Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy, and consent to receive emails from Rise
Jobs / Job page
Investment Associate image - Rise Careers
Job details

Investment Associate

Overview

Provides direct and primary operational support for all Fort Washington departments. Position handles client account maintenance and may also perform operational aspects of the Private Equity Funds of Funds. Position prepares reports for weekly and monthly internal Finance Committee meetings. Interacts regularly with bank and broker personnel regarding client accounts. Works with some supervision and is responsible for making a minimal range of decisions, escalating to manager when appropriate and updating manager on a regular basis.

Responsibilities

What you will do:
  • Institutional Product Line Functions: Processes purchases and sales of fixed income and equity securities via trading to accounting software. Understands purpose and processing requirements of complex transactions such as dollar rolls, repurchase agreements and auction rate preferred securities. Verifies maturities, interest, dividends and pay down transactions are accurate and timely. Reconciles client transaction and holding data with custodians daily and/or monthly, and resolves any issues or discrepancies that arise in a timely manner. Performs setup of all newly acquired securities, including complex securities such as auction rate preferred securities, dollar rolls, mortgage-backed securities and preferred stocks. Performs daily and monthly pricing for securities. Communicates to Portfolio Managers any issues encountered within their accounts and resolves any problems that arise. Processes corporate action transactions for all institutional client accounts. Establishes new client accounts. Reconciles holdings on accounting system with those on trading system and resolves any differences. Obtains working knowledge of trading system to retrieve security indicative data necessary to properly set up securities and process trades. Runs and analyzes various audit-type reports to detect errors and omissions. Works with manager to resolve issues. Works with settlement desk to ensure timely settlement of transactions within client accounts. Works closely with FWIA performance department to understand impact of transactions on performance and assist them with resolving issues. Works with departments outside FWIA on Western & Southern accounts and transactions, including Investment Records & Accounting, Treasury, Compensation and Benefits. Prepares weekly and monthly reports for Western & Southern Finance Committee. Responds to ad hoc inquiries for data and/or reports from Portfolio Managers, Marketing and Analysts. Develops and documents detailed processes and procedures for FWIA Operations as needed. Assists Operations Analyst in testing service packs and releases.
  • Private Client Product Line Functions: Processes purchases and sales of fixed income and equity securities front-end trading system to accounting software. Verifies maturities, interest, dividends and pay down transactions are accurate and timely. Reconciles client transaction and holding data with custodians daily and/or monthly, and resolves any issues or discrepancies that arise in a timely manner. Performs setup of all newly acquired securities. Performs daily and monthly pricing for securities. Ensures timely settlement of all trades for Private Client accounts. Prepares monthly/quarterly client appraisals, billing and assets under management for all Private Client accounts. Communicates to Portfolio Managers any issues encountered within their accounts, and works with them to resolve any problems that arise. Processes corporate action transactions for all Private Client Group client accounts. Responds to ad hoc inquiries for data and/or reports from Portfolio Managers, Marketing and Analysts. Develops and documents detailed processes and procedures for FWIA Operations as needed.
  • Private Equity Product Line Functions: Processes all transactions relating to FWCP Funds, including capital calls, valuations and distributions from investments, capital calls and distributions to investors and direct investment transactions. Processes all transactions and valuations relating to the underlying investments of the Funds that FWCP invests in from their quarterly statements. Reconciles the carrying value and funded status of FWCP Funds between Private I and capital account statement received from investments. Prepares cash forecasting report for each FWCP Fund. Monitors and maintains electronic mailbox shared by Private Equity staff. Prepares quarterly reporting package distributed to Private Equity investors.
  • Performs other duties as assigned.
  • Complies with all policies and standards.

Qualifications

  • Bachelor's Degree In Business Administration or pursuing a degree with commensurate industry experience - Required
  • Proven experience coordinating multiple projects/assignments simultaneously, and completing assigned tasks accurately and on a timely basis. - Required
  • Must provide examples from experience of going above and beyond the call of duty to assist team members. - Required
  • Must demonstrate strong attention to detail with excellent organizational skills. Expected to cite examples of organization and time management methods used to manage or prioritize workload demands. -
  • Basic knowledge of fixed income and equity securities with demonstrated ability to articulate each. -
  • Demonstrated business knowledge in accounting, operations, customer service and computer systems. -
  • Demonstrated excellent verbal and written communication skills with ability to convey information, verbally and in writing, to internal and external customers in a clear, accurate, focused and concise manner. Demonstrated ability to document procedures and activities in a manner that is understandable to others and prepared using a prescribed format. Verbal and written communications are to conform to proper rules of punctuation, grammar, diction and style. -
  • Proven strong analytical skills, including demonstrated experience identifying, defining and resolving problems and collecting or interpreting data to establish facts and draw valid conclusions. Must be able to cite examples of self-motivation and experience prioritizing workflow while working independently. -
  • Demonstrated ability to handle confidential information. -
  • Must be able to cite examples of good decision-making skills when dealing with multiple alternatives or priorities. -
  • Demonstrated ability in customer service or client management. This would include identifying client problems/issues, providing and initiating effective resolutions. -
  • Working knowledge of word processing and spreadsheet applications. -
Work Setting/Position Demands:
  • Works in an office setting and remains in a stationary position for long periods of time while working at a desk, on a computer or with other standard office equipment, or while in meetings.
  • Requires the ability to verbally communicate and exchange accurate information to customers and associates on a regular basis.
  • Requires visual acuity to read and interpret a variety of correspondence, procedures, reports and forms via paper and electronic documents, visual inspection involving small defects; small parts, and/or operation of machinery (including inspection); using measurement devices continuously. Visual acuity is required to determine accuracy, neatness, and thoroughness of work assigned.
  • Requires the ability to prepare written correspondence, reports and forms using prescribed formats and conforming to rules of punctuation, grammar, diction, and style on a regular basis.
  • Requires the ability to apply principles of logical thinking to define problems, collect data, establish facts, and draw valid conclusions
  • Performs substantial movement of wrists, hands, and fingers for continuous computer work.
  • Extended hours required during peak workloads or special projects/events.
Travel Requirements:
  • None

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

Similar Jobs
Photo of the Rise User
Dare to be Different
Diversity of Opinions
Inclusive & Diverse
Empathetic
Take Risks

Be a pivotal Strategic Finance Lead at Mercury, partnering with Risk and Operations to navigate complex financial landscapes and drive sustainable growth.

Photo of the Rise User

Join Pathward as a Senior Commercial Underwriter to enhance financial empowerment through innovative loan solutions.

Join MUFG as an Associate in Operational Risk Management to play a crucial role in assessing and monitoring operational risks across key financial products.

Photo of the Rise User
Posted yesterday

Join Adtalem Global Education as a Finance Manager and contribute to the financial leadership of prominent educational institutions.

Photo of the Rise User

Lead financial forecasting and planning initiatives as the VP of Finance at Synchrony, a leading financial services company in Stamford.

Photo of the Rise User
Microsoft Hybrid Redmond, Washington, United States
Posted 9 days ago
Inclusive & Diverse
Mission Driven
Social Impact Driven
Passion for Exploration
Dare to be Different
Diversity of Opinions
Reward & Recognition
Empathetic
Feedback Forward
Work/Life Harmony
Collaboration over Competition
Growth & Learning
Transparent & Candid
Customer-Centric
Rise from Within
Friends Outside of Work
Medical Insurance
Dental Insurance
Vision Insurance
Mental Health Resources
Life insurance
Disability Insurance
Health Savings Account (HSA)
Flexible Spending Account (FSA)
Learning & Development
Work Visa Sponsorship
Employee Resource Groups
401K Matching
Paid Time-Off
Maternity Leave
Social Gatherings
Company Retreats

Be a pivotal leader in shaping financial strategies for Microsoft's innovative AI business as the Finance Director - Advertising and AI.

Photo of the Rise User
NBCUniversal Hybrid 30 Rockefeller Plaza, New York, NEW YORK
Posted 12 hours ago

Become a pivotal financial leader at NBCUniversal, guiding the programming efforts of MSNBC and CNBC in a hybrid role that demands strategic insight and operational excellence.

Photo of the Rise User
Posted 8 days ago

Join an innovative fintech firm as an FP&A Revenue Lead and help shape their business strategy through analytical insights and financial modeling.

Photo of the Rise User
Posted 3 days ago

We are seeking a skilled Senior Fixed Income Analyst to drive our investment strategies at FNBO, a company dedicated to employee success in a collaborative environment.

Photo of the Rise User
Stackline Hybrid Seattle, Washington, United States
Posted 3 days ago

Join Stackline as a Senior Strategic Finance Analyst to leverage your financial expertise in driving revenue growth through data insights.

Photo of the Rise User
Dutch Bros. Hybrid 6320 E Thomas Rd Suite 250 Scottsdale AZ 85251
Posted 5 days ago

Join Dutch Bros Coffee as a Finance Manager and lead financial strategies that drive business success while enjoying a fun and community-oriented work environment.

Photo of the Rise User
Posted 4 days ago
Inclusive & Diverse
Collaboration over Competition
Growth & Learning
Transparent & Candid
Mission Driven
Diversity of Opinions
Empathetic
Fast-Paced
Rise from Within
Work/Life Harmony
Take Risks
Startup Mindset
Medical Insurance
Paid Time-Off
Maternity Leave
Mental Health Resources
Equity
Employee Resource Groups
401K Matching
Paid Holidays
Paid Sick Days

Ramp is seeking a seasoned Director of Financial Partnerships to elevate its strategic financial collaborations and drive innovative solutions across the fintech ecosystem.

Photo of the Rise User
SHINE Technologies Hybrid Fitchburg, Wisconsin, United States
Posted 14 days ago

Join SHINE Technologies as a Senior Financial Analyst and play a critical role in driving financial performance and strategic decision-making.

Founded in 1888 as The Western and Southern Life Insurance Company, a small Midwestern life insurance agency, Western & Southern has grown into a diversified family of financial services companies that focus on insurance, investment and retirement...

4 jobs
MATCH
Calculating your matching score...
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 11, 2025

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!