Location:

4900 Tiedeman Road - Brooklyn, Ohio 44144-2302

Qualified candidate must be able to report to the Tiedeman Offices in Brooklyn, OH at least 2 days per week.

ABOUT THE JOB (JOB BRIEF)

The Alternative Investment analyst role supports Key Private Bank, Wealth Management and Institutional Advisors in the processing of Alternative Investments.  The role is responsible for daily processing of Alternative Investments including, initial purchases, subsequent purchases, exchanges, statement processing, K1’s, subscription agreements, offering memorandums, capital calls, returnable return of capital, reinvestments, partial and full redemptions, unit and cost adjustments, and collections, re-registrations and distributions of Alternative Assets.  The Analyst works with Administration to ensure proper documentation is received for all requests. The Analyst works with Pricing, Performance, Income Collections, Client Reporting and the Line of Business to ensure proper transactions are posted. Alternative Investments includes Limited Partnerships, LLC's, Hedge Funds, and REITs.

                                                                                                                  

ESSENTIAL JOB FUNCTIONS

Analyze and interpret documentation received to ascertain how an asset should be setup, priced and processedResearch and work with Limited Partnership & Hedge Fund companies to resolve/understand statements and complex situations such as unit & market value discrepancies.Reconcile statements to transactions and positions in trust accounting systemResponsible for wire processing for Capital Call activityMonitor Trust Alternative Investments mailbox dailyUploading statements & K1’s to Alternative Investments SharePoint websiteContacting fund companies to obtain monthly statements if not received timelySubject matter expert on Alternative Investments and is responsible Administer all Alternative Investment audits from start to issue resolution, escalating as neededDaily ReconcilingTrust Real Estate Management balancingResponsible for collection, re-registration, and distribution of Alternative AssetsHandle GRC Audit requestsResearch and resolve any transaction rejectsHandle the on-boarding and maintenance of Assets Under Management, while coordinating with Performance Measurement for accurate reportingAct as the liaison between the LOB and the external fund companyFoster strong relationships within the department, other Investment Operations areas, as well as with the LOBTakes lead on system upgrades and testing, along with disaster recovery exercisesMaintain and develop documented procedures with and reviews and updatesCommunicate any issues with the LOB, using system and industry knowledge to determine the appropriate resolutionMeet performance objectives for accuracy and timeliness in completing actionsActively participate in department projects and efforts to increase efficiency and improve serviceContribute ideas for improvements appropriatelyPrioritize workflow and adapt as expectations change

REQUIRED QUALIFICATIONS

B.S. in Business or Finance or equivalent work experience      Detail OrientedProven Analytical skillsProven experience and success in a team environmentProven difficult problem resolution skillsProven ability to demonstrate the Key ValuesAbility to multi-task, meet aggressive deadlines, and work with minimal supervision while prioritizing workloads and issuesSuperior and timely decision making, resilient customer service skills, strong written and verbal communication skills, proactive problem solvingStrong peer leadership skillsAbility to adapt as customer/business/organizational expectations change

PREFERRED QUALIFICATIONS

Alternative Asset knowledge preferred    Knowledge of Global Plus system preferredPrior experience in trust operations preferredKnowledge of current systems: Global Plus, TRMS, APA, SharePoint, MS Office, Outlook

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be mobile or home based, which means you may work either at a home office or in a Key facility to perform your job duties.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $50,000 to $54,000 annually depending on job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance. Please click here for a list of benefits for which this position is eligible.

Please click here for a list of benefits for which this position is eligible.

Job Posting Expiration Date: 10/04/2024

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.

 

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.