Alternative Asset Manager

Company Overview

Every firm has a culture - the values, beliefs, methodology, attitudes and standards that reflect an organization's DNA. But the truly inspiring firms - the game-changers, the industry leaders and the disruptors - have cultures that propel them to innovate and stand out. At Brown Advisory, we aim to be one of those inspired firms. Over the years, we have purposefully built and nurtured our client-first culture.

Brown Advisory is an independent investment management and strategic advisory firm committed to delivering a combination of first-class performance, strategic advice and the highest level of client service with offices in Austin, Baltimore, Boston, Delaware, Frankfurt, London, Nashville, New York, North Carolina, San Francisco, Singapore, Southern California, Tokyo, Virginia and Washington, D.C. The firm's institutional and private clients are based in 50 states and more than 44 countries and territories and are served by over 850 colleagues worldwide, all of whom are equity owners of the firm.

Job Description

The Alternative Asset Team supports the full operational lifecycle of alternative assets at Brown Advisory, ensuring the accuracy and timeliness of transactions and valuations related to private equity, hedge fund, and direct investment deals. The Alternative Asset Manager is responsible for managing a team of analysts and setting the strategic vision to support the firm's alternative asset growth.

Duties and Responsibilities

• Provide career development support and coaching for direct reports

• Build relationships with cross-functional stakeholders to drive business decisions and positive results

• Partner with the fund operations and reporting team to ensure the full operational lifecycle of alternative assets is working efficiently and accurately across teams

• Lead and contribute to firm-wide and departmental value-add projects and present project findings to leadership

• Routinely prepare team volume metrics and present the takeaways to leadership

• Oversee and develop a process driven approach that ensures accurate maintenance and valuation of all non-marketable investments

• Review, research, assess and update valuations for alternative assets

• Partner with investment teams to create new alternative assets and ensure timely and accurate reporting

• Validate alternative asset statements provided by fund companies to ensure accuracy

• Engage custodians, funds, internal portfolio management, client service and operational teams to resolve valuation issues, breaks, delays and other related matters

• Escalate fair value pricing matters where valuations might be incorrect, and utilize judgement to determine resolution against pricing policies and guidelines. Present factual support and documentation to resolve pricing discrepancies with necessary stakeholders.

• Leverage financial and market knowledge to evaluate various pricing data points to determine appropriate action, execute updates to systems and provide data to support the recommended course of action

• Collaboratively partner with client teams when on-boarding large relationships with complex alternative asset holdings and recommend proper courses of action

• Develop industry insights through proactive networking, conference attendance, and independent research

Minimum Qualifications

• Bachelor's Degree

• 5 - 7 years' experience managing a team

• 5 - 7 years' experience working with alternative investments, or fund accounting

• Demonstrated a solid proficiency and understanding of private equity and hedge fund securities, real assets, and possess a general knowledge of market mechanics.

• Strong level of attention to detail, proven ability to work under pressure with multiple priorities, and a sense of urgency is required

• Ability to remain calm in a fast-paced environment

• Strong decision making, organization, and communication skills, both written and verbal

• Effective time-management, problem-resolution, and research skills

• Ability to meet tight deadlines and escalate as necessary

• Demonstrated experience with and knowledge of Microsoft Excel, specifically macros and v-lookup functionality

• Proven track record of process improvements using technology

• Proactive mentality

• Ability to handle confidential material with utmost discretion

• Ability to work in an office location.

Preferred Qualifications

• Bachelor's degree required; finance, accounting, or economics concentration preferred. MBA and Master's degree preferred.

• CAIA certification

• Advent APX experience

• eFront or similar accounting product experience

• Addepar, Solovis, Tamarac, SWP portfolio accounting experience is a plus

• Advanced experience with Microsoft Excel, VBA preferred

Benefits

At Brown Advisory we offer a competitive compensation package, including full benefits.

• Medical

• Dental

• Vision

• Wellness program participation incentive

• Financial wellness program

• Gym membership discounts

• Fitness event fee reimbursement

• Corporate gym membership discounts

• Colleague Assistance Program

• Telemedicine Program (for those enrolled in Medical)

• Adoption Benefits

• Daycare late pick-up fee reimbursement

• Basic Life & Accidental Death & Dismemberment Insurance

• Voluntary Life & Accidental Death & Dismemberment Insurance

• Short Term Disability

• Paid parental leave

• Group Long Term Disability

• Pet Insurance

• 401(k) (50% employer match up to IRS limit, 4 year vesting)

Brown Advisory is an Equal Employment Opportunity Employer.