Stepstone Group - San Diego, CA

posted about 2 months ago

Full-time - Entry Level
San Diego, CA
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

StepStone is a rapidly growing Global Private Markets firm that provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With a total capital allocation of $675 billion, including more than $169 billion in assets under management (AUM), we are highly diversified in the private markets across the globe. Our culture is built on entrepreneurialism, partnership, and teamwork, offering joiners the opportunity to think collaboratively and creatively. The DARO Reporting and Operations Junior Analyst role is designed for professionals eager to gain exposure to the private markets industry and develop essential skills for investment analysis and reporting. As a Junior Analyst, you will develop a deep understanding of private financial markets by collaborating closely with all SPAR teams to support active investment data management and reconciliation efforts within the StepStone investment reporting and analytics system, known as "SPI Reporting." This is a full-time position (40 hours per week) for a 16-week paid opportunity, with the possibility of extending for an additional 16-week term or transitioning to a permanent role. In this role, you will provide operational support for daily valuation clients, ensuring timely service to specific client accounts with rapid turnaround daily reporting requirements. You will also support discretionary investment client operations, including cash flows, quarterly capital account balances, and portfolio company analysis, through timely system entry, review, reconciliation, and reporting of new and ongoing investment data activity. Active daily communication with the team, including live meetings and issue resolution, will be essential. Additionally, you will manage proprietary database investment data for discretionary funds and investments, including new investment commitments, daily capital activity, and quarterly capital account/fair market values. You will also have the opportunity to learn and develop technical skills that will enhance the DARO suite of processes, including SQL, Power BI, DAX, and advanced Excel.

Responsibilities

  • Provide operational support for daily valuation clients.
  • Deliver timely service to specific client accounts with rapid turnaround daily reporting requirements.
  • Support discretionary investment client operations, including cash flows, quarterly capital account balances, and portfolio company analysis.
  • Perform timely system entry, review, reconciliation, and reporting of new and ongoing investment data activity.
  • Participate in active daily communication with the team, including live meetings and issue resolution.
  • Manage proprietary database investment data for discretionary funds and investments, including new investment commitments and daily capital activity.
  • Conduct quarterly capital account and fair market value assessments.
  • Reconcile proprietary data against comparable Fund Administrator records as necessary.
  • Develop and enhance operations systems across the DARO suite of processes.
  • Learn and develop technical skills to aid in the enhancement of the DARO suite of processes.

Requirements

  • Bachelor's degree in business, finance, economics, or accounting preferred.
  • Relevant coursework or work experience in a related field.
  • Strong analytical skills.
  • Strong written and verbal communication skills in English.
  • Ability to promote and demonstrate a positive, team-oriented attitude.
  • Dynamic, hard-working, and self-starter mentality.
  • Significant experience with Microsoft Excel.
  • Basic knowledge of accounting and working knowledge of the financial services industry.
  • Interest in Global Financial Markets and Private Markets.
  • Strong attention to detail.

Nice-to-haves

  • Experience with SQL, Power BI, and DAX.

Benefits

  • Health insurance
  • Loan repayment program
  • Paid time off
  • Retirement plan
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service