About the position
We are seeking a highly motivated Operational Due Diligence (ODD) Analyst to join the Implementation Department of a $16 billion AUM asset management client. This team oversees the firm's global ODD process and plays a critical role in assessing and monitoring operational risk across third-party investment managers. This role offers the flexibility to be based in either Palm Beach Gardens, FL or New York, NY, and reports directly to the Co-Heads of Implementation, with a secondary reporting line to the Group COO. It provides exposure to a broad range of hedge fund strategies, structures, and asset classes within a leading multi-strategy, multi-manager platform.
Responsibilities
• Perform operational due diligence on new and existing external managers through document reviews, calls, and onsite visits.
• Evaluate operational frameworks, including organizational structure, processes, controls, compliance, service providers, technology, and valuation practices.
• Provide feedback and recommend solutions to address operational deficiencies.
• Prepare detailed reports summarizing findings, risks, and recommendations.
• Review financial statement audits and SOC reports for external investments.
• Maintain and update internal ODD systems, documentation, and issue tracking.
• Collaborate with internal teams across Legal, Risk, Technology, Portfolio Finance, and Operations.
• Support firmwide initiatives focused on automation and process efficiency.
• Stay current on accounting treatment and valuation of various asset classes such as equities, derivatives, swaps, and fixed income products.
Requirements
• Bachelor's degree in Accounting, Finance, or a related field preferred.
• 1-4 years of relevant experience, ideally in public accounting, asset management, or financial regulation.
• Background in audit, risk management, operational due diligence, or project management is a plus.
• Strong written and verbal communication skills.
• Highly organized, detail-oriented, and self-motivated.
• Able to work independently and collaboratively in a small team environment.
• Curious and passionate about hedge funds and investment strategies.
• Willingness to travel 10-20%.
• Proficient in Microsoft Excel, Word, PowerPoint; experience with workflow automation and ODD tools is a plus.
Nice-to-haves
• CPA, CAIA, or CFA designation is a plus.
Benefits
• 401k Matching Program
• Professional Development Reimbursement
• Flexible Personal/Vacation Time Off
• Sick Leave
• Paid Holidays
• Medical, Dental, Vision
• Employee Assistance Program
• Parental Leave
• Discounts on fitness clubs, travel and more!
Apply Now
Apply Now