Tuesday, January 15, 2013

SFP Transition Specialist, PAAMCO - Irvine

Job Title:  SFP Transition Specialist
Reports to:  Manager, Investment Implementation and Monitoring
Status: Full-time / Exempt
Salary: Competitive Base Salary + Annual Bonus

Separate Fund Platform Description:   The Separate Fund Platform (SFP) is PAAMCO’s proprietary platform used to structure separate, frequently customized portfolios with underlying hedge fund managers.  Each portfolio operates and invests separately and is subadvised by a hedge fund manager selected by PAAMCO’s Investment Group.  The SFP Team of eight is part of the Investment Operations Group and oversees the operations of the platform, including the hiring of all third party service providers.

Job Description:  The SFP Transition Specialist is an integral member of PAAMCO’s Separate Fund Platform team responsible for all transition and documentation related matters on the platform.  The Specialist will work with internal and external professionals including the SFP service providers to ensure that all transition responsibilities are being met.  Responsibilities include, but are not limited to:

  • Manage all facets of the manager launch and termination processes
    • Participate in and manage contract negotiations
    • Work with service providers to setup and open accounts
    • Ensure that all structural requirements to run the account are in place
    • Integrate new portfolio and manager/subadviser into SFP and PAAMCO operations
    • Participate in due diligence team meetings and keep due diligence team updated on any issue
  • Lead service provider transitions
    • Facilitate the setup of new accounts with existing service providers
    • Setup of new prime brokerage and ISDA relationship 
  • Facilitate existing manager changes
    • Manage the addition of new service providers, product types and/or country access
    • Work to implement manager agreement changes/update
  • Ownership and management of all non-compliance related documentation on the SFP
  • Responsible for operational oversight of assigned subadvisers on the platform, including
    • Daily portfolio guideline monitoring
    • Month-end review and sign-off
    • Overall relationship management
Job Requirements:   Seeking a detail oriented self-starter with exceptional communication and project management skills.  The ideal candidate will possess a minimum of four years of hedge fund experience working directly with a hedge fund or a hedge fund service provider.  Also desirable is a Chartered Alternative Investment Analyst (CAIA) designation, Chartered Financial Analyst (CFA) designation or an individual working towards either designation.  The candidate must demonstrate strong communication skills, the ability to successfully manage multiple projects and ability to work in a dynamic team environment with shifting and/or increasing job responsibilities.   

To Apply: Please submit resume and cover letter to PAAMCO Human Resources via email at SFPSpecialist@paamco.com

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