Associate, Operational Due Diligence - Boston, United States - HarbourVest Partners

HarbourVest Partners

Verified Company

Boston, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Job Description Summary

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and the drive to deliver impactful solutions to our clients and investing partners.

As our global firm grows, we continue to add talented individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.

In our collegial environment that's marked by low turnover and high energy, you'll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.

We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences maximizes the potential of both the individual and the firm.

HarbourVest is an equal opportunity employer.

We are seeking an Associate to join our Boston team.

This person will report to the Director, ODD (Boston) and will be responsible for conducting ODD reviews of external investment managers; the role may also involve assisting in performing sanctions screening and background check investigations.

The newly appointed individual will work alongside the Investment teams, Legal and Compliance teams, as well as other Operational teams within the Firm.

This position will be a hybrid work arrangement.

Exhibits strong work ethic as well as professionalism
Strong attention to detail, focus on execution of tasks, and adaptability to meet changing timelines and priorities
Excellent verbal and written communication skills
Ability to ask questions to remove roadblocks and move processes forward
Strong analytical and quantitative skills; good problemsolving skills
Able to efficiently track and report on progress of tasks
Independence and selfmotivation, with the ability to raise issues where appropriate
Moderate to strong excel skills and ability to work with data to create reports

What you will do:

Assist with coordination and setup of ODD calls with the ODD team and GPs, as required
Perform initial due diligence reviews of investment managers, as well as ongoing monitoring
Perform interviews with C suite level operations personnel; review and assess infrastructure, controls, compliance, and valuation processes
Coordinate with GPs for all ODDs performed, to verify third party auditor and fund administrator relationships
Discuss completed due diligence reports with the ODD team and Investment teams
Stay ahead of market developments in local jurisdictions, industry trends and regulatory matters
Assist in the collection, review and organization of background check/sanctions screening documentation, as advised
Engage with external background check providers and thirdparty firms
Build strong working relationships with investment and operational teams within HarbourVest and raise issues as necessary
Work with the ODD and technology teams on systems enhancements and user acceptance testing
Assist senior management with ODD projects as needed
Encourage a teamorientated atmosphere with positive engagement
Other responsibilities as required

What you bring:

Background in ODD, investment accounting/audit, compliance, or risk management
Understanding of operational controls and risk strategies related to private equity organizations
Excellent written and verbal communication skills, being able to communicate effectively with all levels of management both internally and externally
Superior organizational and time management skills with the ability to prioritize and multitask
Ability to interact across departments and establish relationships in order to source requisite information and documentary evidence
Positive teamoriented demeanor

Education