HighTower Advisors
Manager, Private Investment Operations
HighTower Advisors, Chicago, IL
Our Story
Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower's capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of "well-th. rebalanced." Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).
Your Future Team
The Manager, Private Investment Operations will play a hands-on role in managing activities related to Hightower's centralized private investment data processing. Reporting to the Director, Client Reporting, you will manage the daily private investment valuation and transaction processing process, focusing on accurate data and completion. You will manage vendor partnerships and your team to ensure seamless operations, and an excellent advisor experience. You will build a scalable process, and guide additional integration and automation opportunities.
What You'll Do
What You'll Bring
What We Offer
AN EQUAL OPPORTUNITY EMPLOYER: Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.
You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.
#LI-Hybrid
Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower's capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of "well-th. rebalanced." Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).
Your Future Team
The Manager, Private Investment Operations will play a hands-on role in managing activities related to Hightower's centralized private investment data processing. Reporting to the Director, Client Reporting, you will manage the daily private investment valuation and transaction processing process, focusing on accurate data and completion. You will manage vendor partnerships and your team to ensure seamless operations, and an excellent advisor experience. You will build a scalable process, and guide additional integration and automation opportunities.
What You'll Do
- Private Investments Data Execution: Develop daily processes for private markets data with vendors and our teams. Ensure efficient workflows and excellent advisor service.
- Vendor and Process Management: Monitor Service level agreements, handle exceptions, and maintain SOPs and metrics. Report to business leaders.
- Problem solving: Address complex inquiries and escalations from all partners. Be the contact for advisor teams.
- Process improvement: Collaborate with different teams to identify improvements and automation opportunities. Track and enhance data quality.
- Project Leadership: Lead large firm-wide projects related to private investments. Coordinate with leaders to prioritize enhancements.
- Leading a team: Manage the effectiveness of processes, build the team, and provide guidance and training. Prioritize resources for our needs and foster a culture of collaboration and growth.
What You'll Bring
- Bachelor's degree in Finance, Business Administration, Information Technology, or a related field.
- 7-10 years experience in private investments, preferably in a management role.
- Familiarity with performance reporting tools a plus
- Developed understanding of the operational details of the advisory business (e.g., RIA) functions (IT, Finance, Operations, and Compliance) preferred.
- Excellent leadership, communication, and interpersonal skills.
- Attention to detail and strong analytical skills, with the ability to interpret and resolve complex data issues and recommend actionable solutions.
- A growth mindset, propensity to take initiative to constantly improve processes, workflows, and results.
What We Offer
- Coverage on the first day of employment for medical, dental, and vision insurance
- Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
- Mother's lounge onsite
- Flexible PTO plan
- Hybrid model work schedule (50% in office)
- Free brand-new gym in the Chicago office
- 401k matching plan
- HSA employer contributions
- Student loan assistance
- Pet insurance
AN EQUAL OPPORTUNITY EMPLOYER: Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.
You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.
#LI-Hybrid