Senior Associate - AIFM Risk Management & Investment Controlling
StepStone Group
We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Position Overview
The Senior Associate will be responsible for implementing the risk management framework, investment guidelines and restriction checks, liquidity management and all other AIFMD requirements. The Senior Associate will be involved in a broad range of tasks and will support the team in all aspects of its remit. The ideal candidate for this position will have strong communication skills, be able to meet deadlines and prioritize workload. You must be a hardworking self-starter capable of demonstrating commitment and attention to detail. In this position, you will closely collaborate with other members of the private debt legal, reporting and operations teams.
Essential Job Functions:
- Familiarization of StepStone Private Debt (SPD) in-house systems and database
- Prepare monthly/quarterly investment controlling/guidelines reports for all funds managed by the AIFM
- Prepare monthly leverage reports and quarterly stress test reports for all funds managed by the AIFM
- Ensure pre-trade compliance for loan investments
- Ensure eligibility for secondary investments
- Manage the team members across all tasks
- Oversee the preparation of quarterly board packs and organization of the monthly Investment Committee and Risk Committee meetings
- Attendance of relevant SPD committees
- Analyse and process business data to address ad-hoc requests
- Maintain fund specific investment guidelines within proprietary database
- Constantly identify areas for improvement
- Ensure consistent documentation of tasks, tools, processes and interfaces
- Identify cross training and coverage across the team
- Support other people within the team during absences
Education and/or Work Experience Requirements:
- Bachelor/Master degree from a top-tier college in a relevant field
- 6-8 years of relevant experience and familiarity with AIFMD
- Adequate people management skills
Required Knowledge, Skills, and Abilities
- Flexibility—StepStone is a dynamic and entrepreneurial organization; all professionals are expected to perform multiple functions
- Experience with alternative investments is a positive
- Ability to prioritize activities while working on multiple projections and achieve target deadlines
- Acute attention to accuracy and detail
Other Attributes:
- Willingness to work a flexible schedule
- Promote and demonstrate a positive, team-oriented attitude
- Dynamic, smart, hard-working and a self-starter
- High level of confidentiality
- Commitment to learning
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At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.