Job Synthesis and Description
Established in 1994, our client is an organization that combines a 25+ year history with a deep entrepreneurial spirit. The family office currently includes a manager of a $1 billion hedge fund/private investment firm, a $2 billion bank, a $400 million real estate investment firm, and a $200 million charitable foundation.
The Family Office is seeking a sharp recent graduate or individual with 0-5 years of experience to join the Enterprise Risk Management team. On this team, an analyst could spend 0 – 2 years in any of the following departments below with opportunities for growth thereafter, and likely will rotate through each of these departments at various times doing various projects.
The individual will be placed based upon the needs of the firm and the candidate’s strengths. The firm prefers that candidates be open to any of the departments. They will assist multiple departments in using technology to create solutions and improve processes. The work environment is open, team-based, and fast-paced. Our client invests in many areas including real estate, banking, energy, aviation, and distressed /high yield credit markets. Risk Control
The Risk Analyst who joins our team will sit on the Trading Desk and assist by tracking daily profit and loss by strategy, analyzing current and potential trading opportunities and monitoring risk factors that affect the firm’s entire portfolio of investments. The analyst will perform risk diagnostics on items such as security pricing, financing costs, convertibility of bonds, interest rate sensitivity etc., that will be used to generate reports to traders, portfolio managers and partners. The analyst will use technology solutions to create and improve automated processes. Strategic Planning and Financial Control
Strategic tax planning is at the core of every investment idea, and the Tax Analyst will have direct access to and interaction with individuals from all divisions of the company. The analyst will also work with outside tax counsel, review and prepare financial and tax reports and complex allocation schedules for the firm’s complex structure and management entities, as well as assist in the calculations of taxable income from trading activity. This analyst will work as direct support for several C-Suite employees including the CFO and CCO. The analyst will use technology solutions to create and improve automated processes. Real Estate Investment Group
This group provides alternative financing to real estate developers of single tenant projects with companies like Starbucks, Rite Aid, Chase Bank, Dollar General, etc., across the United States. In this department you will learn the details of real estate finance, including underwriting, structuring, modeling and documentation. This analyst will have the opportunity to provide excellent support internally and with 3rd parties such as title companies, loan closers at development firms, and banks. The analyst will also monitor operational details including: reviewing and processing loan documents, as well as leases, environmental & engineering reports, and surveys. The analyst will demonstrate thorough due diligence through every step of a deal in this role. Commercial Bank
The commercial bank, owned by the multi-billion dollar family office, is a $2B bank focused on complex bank loans to large corporations and securities of collateralized loan obligations (CLOs). The bank analyst role will incorporate many of the above-mentioned responsibilities of monitoring operational, compliance and tax risk. In addition, the analyst will reconcile the general ledger, prepare reports for the Board of Directors, and assist with external audits. The ERM analyst will also help with the preparation of risk assessments, financial reports, regulatory and tax reporting, and other various operations within the commercial bank.Key Requirements
The ideal ERM candidate will have:
- Proficient use of MS Excel (with a strong emphasis on financial modeling) and database applications; familiarity with VBA, SQL and MS Query desired but not required
- 3.5+ GPA
- Undergraduate degree in finance, accounting, economics, statistics, MIS, or engineering
- A track record of achievement through internships, academic accolades, etc.
- Ability to commit to the position for at least two years
- An interest in at least three of the departments listed above, ideally four of them