Operational Due Diligence Analyst

Company: Fanning Personnel
Location: Boston
Posted on: September 18, 2023

Job Description:

ODD Team Coordination: 45%

• Assist with coordination and set-up of ODD calls with the ODD team and GPs; participate in meetings where necessary
• Ensure ODD packages are complete and are uploaded timely to the document management system
• Perform quarterly look back testing across all asset classes to ensure teams are following ODD procedures
• Support firm's SOC 1 audit process
• Assist with quarterly KPI reporting and preparing PowerPoint presentations
• Assist in preparing client ready materials for ODD meetings
• Coordinate with GPs for all ODDs performed to verify third party auditor and fund administrator relationshipsBackground Check Coordination: 45%
  
  
  • Work with the ODD and investment teams to determine which background checks or screenings are required according to policy
  • Review internal checklists for KYI requirements by business line and assist in the collection, review and organization of required documentation
  • Review KYI data to identify potential gaps within the documentation received; follow-up with appropriate internal or external parties as necessary to establish complete records
  • Perform investigative research (in internal/external systems or web) to enrich KYI files. Pull down records from regulatory or state/government sites as available.
  • Assist in the development of reporting that combines KYI risk information with internal fund and manager information to create a full view of potential KYI risk in portfolio
  • As needed, review potential sanctions screening and other adverse alerts to identify relationships that may pose reputational risk to the firm
  • Engage with external background check vendors to request background check investigations and assure timely delivery.
  • Engage with background check service providers; review and summarize background checks and assessments for any red flags identified; escalate issues to ODD team.
  • Assist with maintaining background check tracker; update and monitor status; share outcomes of background check investigation and share documentation with the ODD team and investment teams when completed
  • Work with internal accounts payable team and investment teams to ensure background check payments are allocated appropriately and processed timelyTechnology and other Projects: 10%
    
    
    • Work with the ODD and technology teams on systems enhancements and user acceptance testing
    • Assist senior management with ODD projects as needed Qualifications :
      • Exhibits strong work ethic as well as professionalism
      • Strong attention to detail, focus on execution of tasks, and adaptability to meet changing timelines and priorities
      • Strong commitment and attention to detail
      • Excellent verbal and written communication skills
      • Willingness to ask questions in order to remove roadblocks and move processes forward
      • Superior organizational and time management skills with the ability to prioritize, multi-task, and meet deadlines
      • Able to efficiently track and report on progress of tasks and ability to maintain clean and up-to-date records and files
      • Comfortable interacting across departments (e.g. Legal, Compliance, Investment Teams, etc.) and building relationships in order to source requisite information and documentary evidence
      • High degree of analytical and problem-solving skills
      • Independence and self-motivation, with the ability to address conflicts and escalate issues where appropriate
      • Moderate to strong excel skills and ability to work with data to create reports
      • Promote and demonstrate a positive team-oriented attitude

Keywords: Fanning Personnel, Boston , Operational Due Diligence Analyst, Professions , Boston, Massachusetts