The Family Office Management group is seeking a Reporting Analyst for their Consolidated Reporting team. Responsibilities include analysis and reconciliation of client data as well as monthly/quarterly client reporting. This individual will perform this role with minimal supervision. This position requires experience in financial reporting, a strong understanding of controls necessary for consistent high-quality report delivery, and an understanding of investment strategies and ROI/IRR calculations.
Strong analytical and communication skills are needed due to the high level of interaction with management and the business community to define scope, requirements and business processes. Strong writing and presentation skills are required to create user documentation and assist in training of end-users on the developed applications and business processes. Also expected in this role is ongoing support to business users as well as assistance in training for new employees. Technical knowledge is needed to work with development and quality assurance teams to design, develop and test applications and business processes.
Responsibilities:
Data input and reconciliation of various investment accounts within aggregation software, including marketable securities, cash equivalents, and alternative investment vehicles
Perform tasks related to Alternative Investment operations such as, but not limited to: collect, interpret, and organize investment documents, create and upload transaction templates, analyze and review performance results.
Responsible for day to day maintenance of third party vendor system
Execute tasks associated with recurring and ad hoc data audits
Support senior team members on business process development and implementation
Review and update of related processes and procedures to guarantee standardized output
Qualifications:
Bachelor’s degree in related field of study (Finance, Accounting, Economics)
Professional certifications (i.e. CAIA, CFA) preferred but not required
One to three years of relevant prior work experience in financial services industry
Ability to manage multiple priorities effectively and work in a fast-paced environment
Excellent working knowledge of Microsoft Office suite
Familiarity with relational databases and working knowledge of SQL is a plus
Operations, trust/accounting, Global Plus, report design, data analysis, programming experience a plus
The base salary range for this position is $75,000 - $115,000 per year. This range reflects the minimum and maximum base salary we reasonably expect to pay for this role. In addition, this position may be eligible to participate in the relevant business unit’s incentive compensation plan, and other compensation programs as applicable. Eligible employees may participate in a 401(k) program with a generous profit-sharing contribution, medical, prescription dental, and vision coverage; life insurance; disability coverage; paid holidays; vacation; and sick time, subject to plan terms and Company policies.
About Bessemer Trust:
Bessemer Trust is a family office, overseeing $250 billion in assets for 3,000 individuals and families of substantial wealth. Its more than 1,300 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.
Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.
Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.
Key Facts:
For more than 119 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
To watch a video about Bessemer Trust’s history,
click here
.
To learn more about Bessemer Trust,
click here
.
About Our Employee Rewards and Benefits:
We provide exceptional rewards and benefits that are among the best in the industry, giving our people access to a wide range of options, including:
Competitive base salary plus discretionary annual bonus for select positions
A 401(k) plan with a generous annual profit-sharing contribution
Personalized development and career opportunities, including tuition reimbursement support
Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
Employee assistance (EAP) and wellness programs
Hybrid work environment: 60% in office, 40% remote for most positions
Paid time off and paid parental leave
Employer-paid life insurance and short- and long-term disability coverage
Legal services and financial wellness plans at no cost to employees
Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.