Job Description

FIRM OVERVIEW

Sierra Investment Management has three Registered Investment Advisers (RIAs): Sierra Investment Management (retail RIA); Ocean Park Asset Management (model delivery through Financial Advisors (FAs)); and Wright Fund Management (adviser to the Sierra Mutual Funds). The firm currently has assets under management of approx. $5.5 billion.

SUMMARY

The Investment Operations Analyst is responsible for ensuring the efficient and accurate operations of mutual funds, TAMP models and separately managed accounts (SMAs) within a fast-growing investment management firm. The successful candidate will work closely with portfolio managers, analysts, and other stakeholders to support the day-to-day operations, including performance reporting, portfolio data reporting, trade processing and reconciliation. Reports to the COO.

This role requires strong analytical and problem-solving skills, as well as a strong attention to detail and a deep understanding of the mutual fund and registered investment advisory industry.

KEY RESPONSIBILITIES

• Prepare and distribute accurate and timely performance reports for mutual funds and registered investment advisory accounts, including performance attribution, portfolio analysis, and risk metrics.
• Conduct daily reconciliations of trade positions and cash balances for mutual funds and registered investment advisory accounts and investigate and resolve any discrepancies.
• Prepare and distribute regular reports to internal and external stakeholders, including portfolio managers, marketing and sales.
• Assist in the gathering of portfolio data for due diligence questionnaire responses.
• Participate in special projects and initiatives as assigned.

Required Qualifications, Education, and Experience:

• Bachelor’s Degree in finance, economics, or a related field.
• 2+ years of experience in mutual fund or registered investment advisor operations.
• Strong understanding of mutual fund and registered investment advisory products, trade processing and reconciliation.
• Experience with performance reporting and portfolio data reporting, including performance attribution and risk metrics is preferred.
• Excellent analytical and problem-solving skills, with the ability to identify and resolve complex issues.
• Strong attention to detail and the ability to work accurately under tight deadlines.
• Excellent written and verbal communication skills, with the ability to interact effectively with a variety of stakeholders.
• Strong computer skills, including proficiency in Microsoft Excel and other data analysis tools.
• Ability to work independently, as well as collaboratively within a team.
• Experience with Morningstar Direct or Orion is a plus.

WORK ENVIRONMENT

Normal office working environment. Sierra is currently in a ‘hybrid’ work arrangement with employees in the office 3 days per week with the ability to work remotely 2 days per week.

COMPENSATION

• Ø Base salary $90,000 - $120,000 depending upon experience and fit
• Ø Eligible for annual bonus depending upon job performance
• Ø Subsidized health insurance
• Ø Dental and vision insurance available
• Ø 401(k) plan with employer matching contributions

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