Senior Associate/Associate Director, Portfolio & Risk Management
About Yieldstreet
Yieldstreet is building the largest global digital wealth management platform to change the way wealth is created. With an investor-first approach, our investor community builds a diversified portfolio of investments outside of the stock market to generate passive income. Yieldstreet is giving unprecedented access to asset classes such as Fine Art, Real Estate, Marine, Legal & Private Business Credit. We’re headquartered in New York City with offices in Miami, Boston, Brazil, Argentina, Malta and Greece.
Why Yieldstreet?
Join a team of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages who are on a mission to make alternative investments more accessible. Our team is comprised of successful entrepreneurs with combined exits of over $1B. We get social with each other during happy hours, exercise classes and team off sites!
What’s in it for you:
Competitive compensation packages including equity Health, dental & vision coverage with FSA/HSA options
Unlimited PTO
401k Match
Learning and Development stipend
Wellness credit
Paid lunch once a week
Commuter benefit
Life insurance
Sabbatical
About Yieldstreet
Yieldstreet is building the largest global digital wealth management platform to change the way wealth is created. With an investor-first approach, our investor community builds a diversified portfolio of investments outside of the stock market to generate passive income. Yieldstreet is giving unprecedented access to asset classes such as Fine Art, Real Estate, Marine, Legal & Private Business Credit. We’re headquartered in New York City with offices in Miami, Boston, Brazil, Argentina, Malta and Greece.
Why Yieldstreet?
Join a team of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages who are on a mission to make alternative investments more accessible. Our team is comprised of successful entrepreneurs with combined exits of over $1B. We get social with each other during happy hours, exercise classes and team off sites!
What’s in it for you:
Competitive compensation packages including equity
Health, dental & vision coverage with FSA/HSA options
Unlimited PTO
401k Match
Learning and Development stipend
Wellness credit
Paid lunch once a week
Commuter benefit
Life insurance
Sabbatical
About the Role:
Yieldstreet is looking for a Sr. Associate / Associate Director to join our Portfolio & Risk Management team full time. You will be working with/reporting to the Director of the Portfolio & Risk Management team.
The Portfolio & Risk Management team is integrated into Yieldstreet’s investment process at every juncture, from reviewing pre-transaction diligence and underwriting at the investment level, to oversight of portfolio level concentration and risk management. We collaborate with various Yieldstreet functions including the Investment teams, Product, Marketing, Finance, Valuations, and Operations.
Portfolio & Risk Management’s core responsibilities:
i. Investment Process: Understand and challenge risk assumptions and track
investment performance vs. expectations
ii. Risk Analytics & Investment Performance Communications: Communicate
portfolio compositions and characteristics using conceptually fluent frames and
data visualizations
iii. Strategic Risk Positioning: Strive to sensitize and mitigate macro risks
iv. Portfolio Construction & Stress Testing: Top-down portfolio as well as bottoms-up
investment level management
This role will be based out of the NYC office and requires someone to be located within a commutable distance. You should expect to be in the office at least 3 days per week.
What you'll do:
- Assist with executing Yieldstreet’s Portfolio & Risk Management team’s agenda including investment process management coverage and assisting with platform underwriting/manager selection, portfolio construction guidelines and oversight of post-close investments
- Review & enhance deal and portfolio level key performance metrics to monitor deviations from original investment theses across a diverse set of platform investment strategies
- Manage a small team that is responsible for oversight of asset management across the platform’s investment strategies
- Monitor, evaluate and develop reporting to highlight risk factors at the portfolio and single investment level
- Contribute to the development of risk analytics and frameworks
- Collaborate across functions to achieve firm wide objectives including origination, underwriting, structuring, operations, technology and marketing
- Help with the buildout of the Portfolio & Risk Management function as it scales
- Assist in the day-to-day management of the Yieldstreet portfolio
What you'll need:
- Bachelor’s degree or equivalent experience. CFA or CAIA is a plus\
- At least 5-8 years of finance, investment management, credit underwriting , or risk experience, with at least 2 years’ experience in a credit underwriting/risk role
- Experience in financial statement analysis, financial modeling or financial valuation; preparing financial information, interpreting financial performance and assessing risk exposure
- Ability to articulate financial concepts and information in both verbal and written forms
- Excellent organizational skills and high attention to detail
- Deal execution oriented with a readiness to roll up your sleeves and manage a process end to end
- Experience with managing small risk management teams
- Ability to work seamlessly in a cross-functional team environment spanning multiple disciplines and geographies
- Excellent prioritization skills to balance multiple projects with competing deadlines
- Passion for innovation, and ability to thrive in a fast-paced environment
- Knowledge of design tools, Google Sheets, Google Docs, Google Slides, PowerPoint, Excel, Word
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