Fund Administration, Private Wealth Operations - Boston, United States - CIBC LLC

Description

We're building a

relationship-oriented

bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.
At CIBC, we embrace your strengths and your ambitions, so you are empowered at work.

Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit

This role could be located in Massachusetts. Open to flexible hybrid work schedule.
What You'll Be Doing

The Senior Operations Specialist will be responsible for the review and processing monthly and quarterly valuations, capital activity and pricing for our sponsored funds.

The analyst will process all capital and pricing updated for client held alternative assets. The employee will provide client statement support, assist with the annual audit and support the fund's annual tax responsibilities. The analyst will resolve any issues and identify and implement controls. The analyst will participate in various ad hoc assignments including new projects.
How You'll Succeed
Assist in the management of all procedures and controls within the Operations team

Resolve issues and implement controls

Train/mentor junior analysts

Subject Matter expert on operational functions for the firm

Review quarterly and monthly valuations for our Sponsored Funds

Coordinate and review all audit and tax reports

Review annual investor K-1s and fund returns

Assist in the review of subscription agreements and redemption requests

Assist in the oversight over the Sponsored Funds key vendors

Process capital and pricing updates on alternative asset investments

Who You Are
Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

You can demonstrate experience with:
You embrace and champion change.

You'll continuously evolve your thinking and the way you work in order to deliver your best.
Your influence makes an impact.

You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
You're digitally savvy.

You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
You're driven by collective success.

You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to create a shared vision.
Bachelor's degree with a focus on Accounting, Finance, Economics, or Business.

• 6 years of Fund Administration, Alternative Investment Tax Accounting and/or Alternative Audit experience.

Proficiency in Microsoft Excel is a must.

Computer literacy skills are required.

Experience with Hedge Funds and Private Equity Funds.

Experience with Hedge Fund or Private Equity tax reporting preferred.

Expanded knowledge of investments, security analysis and industry related expertise.

This position requires strong verbal, written and interpersonal skills; exceptional analytical and organizational skills, an attention to detail and the ability to work in a team environment, with a positive and professional attitude.

Must have the ability to work in a fast-paced environment and to effectively multi-task.

What CIBC Offers
At CIBC, our people are our greatest asset.

You'll become part of a diverse community that acknowledges everyone's unique talents, and empowers teams to do what's right for the client, and to do it well.

As part of our team, you will:

Thrive:
Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home

Connect:
Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity

Develop:
Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training

Prosper:
Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan
CIBC has a strategic growth initiative focused primarily in the U.S.

and recently completed the ~US$5 billion acquisition of The PrivateBank, a publicly traded commercial bank, as well as the ~US$200 million acquisition of Geneva Advisors, a private wealth management company.

CIBC's Fixed Income, Currencies & Distribution group provides institutional clients in Canada, the U.S., Europe and Asia with a range of fixed income services including commodities, research, advisory, private placement, origination, securitization and syndication, trading and sales of fixed income, money market, foreign exchange index, metals and energy products.

This role operates within a normal office environment with little exposure to adverse working conditions.

Conduct and Culture Risk
Our CIBC risk culture is based on employees striving to exceed the expectations of ourselves and our leadership's identification and mitigation of risks in their daily responsibilities, not just in quarterly or annual

monitoring/assessments.

We all are accountable for managing risk.
As an employee of CIBC the incumbent must conduct themselves (and foster an environment for others) in a manner consistent with our strong risk culture


This includes:
Following all aspects of the CIBC Code of Conduct, as well as all applicable CIBC policies, frameworks, guidelines, processes and controls

At all times acting in accordance with our Purpose and shared values, to achieve our Bank's strategic goals

Understanding and following the qualitative and quantitative components of our Risk Appetite Statements

Completing all annual Corporate Mandatory Training and Testing modules, as well as any additional business-specific modules, as required and employing the learnings in daily activities and undertakings

Escalating matters through one of the appropriate channels identified in the CIBC Code of Conduct (i.e., HR, management, Ethics Hotline, Whistleblower, etc.) upon observing activities that may be inconsistent with CIBC's policies, frameworks, guidelines, processes and controls, and where applicable, assist in the resolution of same

Speaking up if witnessing behaviors that drive poor or unfair outcomes for clients, team members or other stakeholders

Escalating matters that can result in adverse market practices and outcomes, thereby negatively impacting CIBC's reputation as a leading financial institution

What CIBC Offers
At CIBC, your goals are a priority.

We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.

We aspire to give you a career, rather than just a paycheck.

We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions
What you need to know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact

Mailbox.careers-

You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit

.

Job Location
MA-100 Federal Street, 37th Fl

Employment Type
Regular

Weekly Hours
40

Skills
Accountability, Analytical Thinking, Customer Service, Finance, Funds Administration, Taxes, Teamwork
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