Senior Associate - Client Solutions
StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program. With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.
StepStone Overview
StepStone is one of the few firms established with the goal of providing customized Private Market solutions to institutional investors globally. This “DNA” informs StepStone’s organizational structure, which has been designed to provide comprehensive coverage of the Private Markets through a fully integrated model that engages in Primary investment, Secondary investment, Co-Investment / Direct investment, Data Services and Portfolio Analytics & Reporting activities across all Private Market asset classes. The result is specialized capabilities in the (i) planning and construction of customized Private Market portfolios; and (ii) provision of a high level of customer service to a select number of sought-after institutions.
Today, StepStone is a publicly-listed global Private Markets firm (NASDAQ: STEP) that is responsible for US$659 billion of Private Market capital, including US$513 billion of assets under advisory and US$146 billion of assets under management as of September 30, 2023. In 2022, StepStone approved approximately US$80 billion of investments across the spectrum of Private Market opportunities on behalf of some of the world’s most influential and sophisticated investors.
Position Overview
The individual that StepStone is recruiting is intended to play a critical role within StepStone’s Middle East Team (based in Riyadh). The individual will be a member of the core group of individuals responsible for establishing StepStone’s local presence and expanding the already-significant activities and client base that StepStone enjoys across the region.
While there is an entrepreneurial element associated with establishing and expanding our presence in the region, this individual will benefit from, and collaborate with, StepStone’s 340+ Private Market investment professionals and 660+ investment intelligence, implementation & execution professionals across 27 offices globally.
The individual will support Business Development and Client Management activities in the Middle East across the Private Equity, Private Debt, Real Estate and Infrastructure asset classes.
Position Requirements
- Bachelor’s degree (minimum);
- CME 1 certified (Part 1 and Part 2);
- Minimum of 4 years of asset management experience in a role that is relevant to this position;
- Track record of academic and professional success; and
- Saudi national (desirable).
Essential Job Functions / Required Knowledge, Skills & Abilities
- Motivated by the opportunity to make an outsized impact on a leading global Private Market institution within a critical region for the Firm;
- Demonstrate an understanding of the Private Market ecosystem and Private Market investment strategies;
- Work as a cohesive team with senior Business Development and Investment professionals to source new client relationships, design & implement Private Market investment solutions and manage client relationships across the Middle East;
- Represent the Firm credibly in written and interpersonal communications;
- Analytical capabilities, including proficiency in financial concepts / fundamentals;
- Proficiency in Word, PowerPoint and Excel;
- Highly organized and detail-oriented; and
- Promote a positive, team-oriented attitude and demonstrate leadership potential.
About us
Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential. Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.
Join us
When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.
StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.
Benefits
We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.
Disclaimer / Policy Statements
At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
Developing People at StepStone
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