StepStone is a global private markets specialist overseeing US$250 billion of private market allocations, including approximately US$46 billion of assets under management.
The Firm creates customized portfolios for the world’s most sophisticated investors using a highly disciplined research-
focused approach that prudently integrates fund, secondary, credit and co-investments. StepStone offers customized private markets investment management and advisory services to institutional clients using industry leading analytics and research capabilities, with a focus on providing highly responsive and collaborative client service.
The Firm covers the global private markets across multiple sectors and operates from offices in Beijing, Dublin, Hong Kong, London, New York, Perth, San Diego, San Francisco, São Paulo, Seoul, Sydney, Tokyo, Toronto and Zürich.
The Operational Due Diligence Analyst will have responsibility of the operational risk assessment of private market investment funds, including private equity, private debt, real estate, infrastructure and liquid hedge funds.
The ideal candidate for this job will have strong communication skills, be able to meet deadlines and prioritise the workload.
You must have willingness to travel and be hardworking self-starter capable of demonstrating commitment and attention to detail.
Essential Job Functions :
Perform initial due diligence reviews of external managers, as well as ongoing monitoring of invested managers and funds
Perform on-site visits and conduct interviews with COOs, CFOs, CCOs and other operations personnel, as well as a review infrastructure, controls, compliance and valuation processes
Perform reviews of legal documents, audited financial statements and relevant documents related to the back-office operations of prospective and existing investment managers
Review third party service provider relationships and agreement terms as well as perform onsite reviews of service providers
Prepare detailed operational due diligence and risk assessment reports
Keep abreast of market developments, industry trends and regulatory matters
Assist and perform ad hoc projects and reviews related to the operational due diligence function
Education and / or Work Experience Requirements :
5 to 7 years of operational due diligence experience with focus on alternative investments ( private equity, private debt, real estate, hedge fund, venture capital, infrastructure) or 9+ years of working experience in the financial industry, with exposure to accounting, consulting, legal or operational roles
University Bachelor degree is required
Excellent report writing and communication skills
Strong interviewing and interpersonal skills
Ability to prioritize and meet deadlines
Working knowledge of different investment strategies and operational structures
Commitment and attention to details
Professional designation such as CFA or CAIA is a plus
Other Desired Skills / Attributes :
Flexibility StepStone is a dynamic and entrepreneurial organization; all professionals are expected to perform multiple functions
Promote and demonstrate a positive, team oriented attitude
Dynamic, smart, hard-working and a self-starter
Willingness to travel
Competitive, commensurate with experience