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Operations Associate

Salary undisclosed

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About PermCap:

PermCap is a multi-family office and institutional asset manager. The firm was founded in 2011 and employs 15 people full-time with offices in New York City and Charleston, South Carolina.

Job Duties and Responsibilities:

  • Collaborate with internal teams to handle various client processes, including:
  • Maintenance of the Portfolio Management System, manage creation of assets and investments in Portfolio Management System
  • Review Portfolio Management System for accuracy and completeness with respect to valuations, commitments, capital calls, distributions, etc.
  • Coordinate subscription documents for private investments of both third party and proprietary funds
  • Execute and assist in the client on-boarding process, account openings and transfers
  • Resolve any reconciliation discrepancies in a timely manner
  • Ensure that the reports are accurate, timely, and consistent with the firm's standards and guidelines
  • Liquidity management which includes daily cash reconciliations and monitoring investors cash flows
  • Oversee internal inbox which includes managing clients' investments emails
  • Support internal and external trading teams and accounting groups by ensuring that all trades are accounted for and settled correctly
  • Collaborate with data and technology teams in building automation to streamline reporting, reconciliation, and order management

Relevant Skills and Knowledge:

  • 1-2 years of accounting/operations experience
  • Meticulous attention to detail
  • Degree in accounting or finance
  • In office 4 days per week

PermCap is required by law to include a reasonable estimate of the salary range for this role. There are several factors taken into consideration in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs