Associate - Operational Due Diligence
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 $675 billion of total capital allocations, including more than $150 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.
Position Overview
The Associate position at StepStone Group in Dublin will have the responsibility of operational risk assessment of private market investment funds, including private equity, private debt, real estate, infrastructure, venture capital and hedge funds. The ideal candidate for this job will have strong written and verbal communication skills, be adept at using Microsoft Office tools, and be a proven problem solver. The candidate must have a willingness to travel and be a hardworking self-starter capable of demonstrating commitment to deadlines and having an attention to detail.
Essential Job Functions:
- Perform reviews of audited financial statements and relevant documents related to the back-office operations of prospective and existing investment managers.
- Analyze and synthesize such documents in order to identify risks and propose mitigating solutions to such risks.
- Conduct interviews via on-site visits or phone calls with COOs, CFOs, CCOs and other operations personnel, including IT personnel, to discuss potential risks in IT infrastructure, operational controls, compliance and valuation processes.
- Prepare detailed operational due diligence and risk assessment reports.
- Review third-party service provider relationships and agreement terms as well as perform desktop reviews in addition to on-site reviews of service providers.
- Assist with developing and executing monitoring projects on General Partners in StepStone’s portfolios.
- Keep abreast of market developments, industry trends and regulatory matters.
- Assist and perform ad hoc projects and reviews related to the operational due diligence function.
Education and/or Work Experience Requirements:
- Minimum of 3 years of operational due diligence experience with a focus on private equity, private debt, real estate, hedge fund, venture capital, and infrastructure or 2 - 5 years of working experience in the financial industry, with exposure to audit, compliance or operational roles.
- University bachelor’s degree is required
- Working knowledge of private market investments
Required Knowledge, Skills, and Abilities
- Proficiency with Microsoft Excel, Word, and PowerPoint
- Acute attention to accuracy and detail
- Excellent report writing and communication skills
- Strong interviewing and interpersonal skills
- Ability to prioritize activities while working on multiple projects and achieve target deadlines
Other Attributes:
- Flexibility—StepStone is a dynamic and entrepreneurial organization; all professionals are expected to perform multiple functions
- Promote and demonstrate a positive, team-oriented attitude
- Dynamic, smart, hard-working and a self-starter
- High level of confidentiality
- Commitment to learning
- Willingness to travel and work a flexible schedule
- Possess an accreditation of CFA, CPA, or CAIA a plus
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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