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    Alternative Asset Manager - Baltimore, MD, United States - Brown Advisory

    Default job background
    Banking / Loans
    Description
    Company OverviewEvery firm has a culture – the values, beliefs, methodology, attitudes and standards that reflect an organization's DNA.

    But the truly inspiring firms – the game-changers, the industry leaders and the disruptors – have cultures that propel them to innovate and stand out.

    At Brown Advisory, we aim to be one of those inspired firms. Over the years, we have purposefully built and nurtured our client-first culture.

    Brown Advisory is an independent investment management and strategic advisory firm committed to delivering a combination of first-class performance, strategic advice and the highest level of client service with offices in Austin, Baltimore, Boston, Delaware, Frankfurt, London, New York, North Carolina, San Francisco, Singapore, Southern California, Virginia and Washington, D.C.

    The firm's institutional and private clients are based in 50 states and more than 44 countries and territories and are served by over 800 colleagues worldwide, all of whom are equity owners of the firm.

    Job DescriptionThe Alternative Asset Team supports the full operational lifecycle of alternative assets at Brown Advisory, ensuring the accuracy and timeliness of transactions and valuations related to private equity, hedge fund, and direct investment deals.

    The Alternative Asset Manager is responsible for managing a team of analysts and setting the strategic vision to support the firm's alternative asset growth.

    Duties and ResponsibilitiesProvide career development support and coaching for direct reportsBuild relationships with cross-functional stakeholders to drive business decisions and positive resultsPartner with the fund operations and reporting team to ensure the full operational lifecycle of alternative assets is working efficiently and accurately across teamsLead and contribute to firm-wide and departmental value-add projects and present project findings to leadershipRoutinely prepare team volume metrics and present the takeaways to leadershipOversee and develop a process driven approach that ensures accurate maintenance and valuation of all non-marketable investmentsReview, research, assess and update valuations for alternative assetsPartner with investment teams to create new alternative assets and ensure timely and accurate reportingValidate alternative asset statements provided by fund companies to ensure accuracyEngage custodians, funds, internal portfolio management, client service and operational teams to resolve valuation issues, breaks, delays and other related mattersEscalate fair value pricing matters where valuations might be incorrect, and utilize judgement to determine resolution against pricing policies and guidelines.

    Present factual support and documentation to resolve pricing discrepancies with necessary stakeholders.

    Leverage financial and market knowledge to evaluate various pricing data points to determine appropriate action, execute updates to systems and provide data to support the recommended course of actionCollaboratively partner with client teams when on-boarding large relationships with complex alternative asset holdings and recommend proper courses of actionDevelop industry insights through proactive networking, conference attendance, and independent researchMinimum QualificationsBachelor's Degree- 7 years' experience managing a team- 7 years' experience working with alternative investments, or fund accountingDemonstrated a solid proficiency and understanding of private equity and hedge fund securities, real assets, and possess a general knowledge of market mechanics.

    Strong level of attention to detail, proven ability to work under pressure with multiple priorities, and a sense of urgency is requiredAbility to remain calm in a fast-paced environmentStrong decision making, organization, and communication skills, both written and verbalEffective time-management, problem-resolution, and research skillsAbility to meet tight deadlines and escalate as necessaryDemonstrated experience with and knowledge of Microsoft Excel, specifically macros and v-lookup functionalityProven track record of process improvements using technologyProactive mentalityAbility to handle confidential material with utmost discretionAbility to work in an office location.

    Preferred QualificationsBachelor's degree required; finance, accounting, or economics concentration preferred. MBA and Master's degree preferred.

    CAIA certificationAdvent APX experienceeFront or similar accounting product experienceAddepar, Solovis, Tamarac, SWP portfolio accounting experience is a plusAdvanced experience with Microsoft Excel, VBA preferredBenefitsAt Brown Advisory we offer a competitive compensation package, including full benefits.


    • Medical
    • Dental
    • Vision
    • Wellness program participation incentive
    • Financial wellness program
    • Gym membership discounts
    • Fitness event fee reimbursement
    • Corporate gym membership discounts
    • Colleague Assistance Program
    • Telemedicine Program (for those enrolled in Medical)
    • Adoption Benefits
    • Daycare late pick-up fee reimbursement
    • Basic Life & Accidental Death & Dismemberment Insurance
    • Voluntary Life & Accidental Death & Dismemberment Insurance
    • Short Term Disability
    • Paid parental leave
    • Group Long Term Disability
    • Pet Insurance
    • 401(k) (50% employer match up to IRS limit, 4 year vesting)Brown Advisory is an Equal Employment Opportunity Employer

    SummaryLocation:

    Baltimore, MDType:
    Full time


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