Alternative Investment Group (AIG) – Investor Services Associate

Who We Are:

Oppenheimer & Co. Inc. (“Oppenheimer”) is a leading middle-market investment bank and full service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.

Oppenheimer Asset Management (OAM) offers high net worth and institutional investors the opportunity to participate in a wide range of traditional and non-traditional investment strategies.

Job Description

Oppenheimer Asset Management is seeking an individual to join its OAM Alternative Investment Group as an Investor Services Associate. This individual will be focused on investor servicing, transaction processing, operations, and client support for alternative investments such as hedge funds, private equity funds, and private credit funds.

Responsibilities

• Process and review alternative investment transactions, including:
  • Subscriptions
  • Redemptions
  • Transfers
• Support Financial Advisors with:
  • Platform questions
  • Client subscriptions and redemptions
  • Capital calls
  • Distributions
• Review and approve AML/KYC documentation under U.S. and Cayman regulatory requirements
• Coordinate with fund managers, fund administrators, legal, compliance, accounting, and operations teams
• Maintain investor records and share register databases
• Resolve client and advisor inquiries
• Respond to audit requests
• Prepare management reports and assist with special projects

Qualifications:

• Bachelor's degree
• 3–5 years of financial services or client service experience
• Alternative investments knowledge (hedge funds, private equity, private credit)
• Strong Excel and computer skills
• High attention to detail and accuracy
• Ability to work effectively in a fast-paced, deadline-driven environment

Compensation:

For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current base salary range is $90,000.00 - $100,000.00 at the time of this posting. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.