girl looking into her desktop
Back to search results

Alternative Investments - Business/Operational Due Diligence Analyst

New York, New York;

Job Description:

Reporting to the Managing Director and Head of Business Due Diligence, the Business/Operational Due Diligence Analyst will help support a $35 billion hedge fund/private equity origination and distribution business. This person will be responsible for the business/operational evaluation for current and prospective hedge fund and private equity investments and will interface with Hedge Fund managers and senior management at Bank of America/Merrill Lynch, as well as Financial Advisors and their clients. 

This position will be responsible for: 

  • Conducting business and operational due diligence reviews on new and existing hedge fund/private equity investments including onsite visits and interviews with senior management of the firm.
  • Evaluating fund and firm ownership structure, valuation procedures, trade flow and internal controls, disaster recovery procedures and IT security, infrastructure, service providers, and legal & compliance environment
  • Reviewing all manager and fund specific documentation including due diligence questionnaires, offering documents, regulatory filings, audit reports, etc.
  • Present due diligence findings and recommendations to the Due Diligence Investment Committee via a comprehensive written and verbal report.

Qualifications / Desired Skills

  • A minimum of three (3) or more years of experience in the analysis of hedge funds/private equity funds and their operations, as a credit analyst, auditor, or fund of funds analyst.
  • Direct hedge fund financial, operational, legal or compliance experience will also be considered.
  • Bachelor’s degree from a top- tier educational institution is required, preferably in accounting, computer science, economics, finance or a related field.
  • CPA designation or a graduate degree(s) in one of the aforementioned fields would be highly beneficial. 
  • Deep knowledge of the alternative investments industry and financial/operational aspects of managers is required.
  • Strong written and oral communication skills.
  • Must be a team player and desire to work in a collegial environment with other team members across the combined Bank of America - Merrill Lynch organization.
  • Series 7 & 66 registration required within 120 days of start in role.

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Reporting to the Managing Director and Head of Business Due Diligence, the Business/Operational Due Diligence Analyst will help support a $35 billion hedge fund/private equity origination and distribution business. This person will be responsible for the business/operational evaluation for current and prospective hedge fund and private equity investments and will interface with Hedge Fund managers and senior management at Bank of America/Merrill Lynch, as well as Financial Advisors and their clients. 

This position will be responsible for: 

  • Conducting business and operational due diligence reviews on new and existing hedge fund/private equity investments including onsite visits and interviews with senior management of the firm.
  • Evaluating fund and firm ownership structure, valuation procedures, trade flow and internal controls, disaster recovery procedures and IT security, infrastructure, service providers, and legal & compliance environment
  • Reviewing all manager and fund specific documentation including due diligence questionnaires, offering documents, regulatory filings, audit reports, etc.
  • Present due diligence findings and recommendations to the Due Diligence Investment Committee via a comprehensive written and verbal report.

Qualifications / Desired Skills

  • A minimum of three (3) or more years of experience in the analysis of hedge funds/private equity funds and their operations, as a credit analyst, auditor, or fund of funds analyst.
  • Direct hedge fund financial, operational, legal or compliance experience will also be considered.
  • Bachelor’s degree from a top- tier educational institution is required, preferably in accounting, computer science, economics, finance or a related field.
  • CPA designation or a graduate degree(s) in one of the aforementioned fields would be highly beneficial. 
  • Deep knowledge of the alternative investments industry and financial/operational aspects of managers is required.
  • Strong written and oral communication skills.
  • Must be a team player and desire to work in a collegial environment with other team members across the combined Bank of America - Merrill Lynch organization.
  • Series 7 & 66 registration required within 120 days of start in role.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21041904

Band: H5

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Wayne Duncan

Referral Bonus:

0