Federal Street Advisors provides sophisticated, objective investment consulting and financial management to foundations and high-net worth individuals.

The role of Associate provides assistance to the Investment Consulting Team in all manner of client service and daily operations, as well as administrative duties, special projects, and reconciliation of all client quarterly reports. 

Responsibilities:  Provide support to the Investment Consulting Team in the correspondence and implementation of client investment strategies.  Draft letters of instruction, complete account applications, manager agreements, and hedge fund subscription documents, organize supporting documentation, and follow the process through to completion with the assigned custodial bank and/or manager.  Maintaining a relationship with the custodian, bank, or broker contact at all institutions used by clients.  Due to the required expertise in all client operational matters, this role will serve as additional support in the quarterly reporting process, specifically in reconciling their clients’ reports and checking for any potential errors in data presented.

Qualifications: Bachelor’s degree.  Two years’ prior experience in the financial management industry, specifically Client Operations and Administration, and past full-time office experience is essential.  The ideal candidate will possess strong analytical, quantitative, problem-solving, and client service skills.  Being detail-oriented is extremely important, along with having solid PC and Microsoft Office suite skills, particularly Excel.  Being comfortable speaking with clients on a daily basis concerning money movement, account openings, trades within their accounts, and basic daily operations is a must.  S/he will need to show enthusiasm and initiative in all aspects of the position, as well as demonstrate the ability to prioritize tasks in the face of competing demands.  Excellent verbal and written communication skills are vital.