Investment Operations Analyst
1 day ago
Bellevue
Job Description Parcion Private Wealth is seeking a seasoned Investment Operations Analyst to join our Investment Department. This role is focused on the daily execution of portfolio operations and plays a pivotal part in driving the efficiency, accuracy, and scalability of our investment platform. The Investment Operations Analyst will be responsible for carrying out and enhancing core functions including trading, compliance support, performance reporting, alternatives monitoring, and billing. This position partners closely with the investment team, advisory, client service, and operations to ensure that processes run smoothly today while also helping us lay the groundwork for future scale in a rapidly growing environment. This role exemplifies our firm’s Core Values of Integrity, Dedication, Teamwork, Impact and Opportunity. Parcion is a nationally recognized multi-family office for middle-market business owners and their families pre and post life-changing liquidity events, creating life simplification and clarity around what’s next. We partner with business owners to unlock the true potential of their wealth, helping them keep more of what they’ve built for themselves, their families, and the causes they care about. Portfolio Operations & Trading • Execute trades across custodial platforms, including rebalancing, cash deployment, tax-loss harvesting, and distributions., • Monitor daily cash positions, out-of-tolerance accounts, and new cash flow activity., • Audit trades for accuracy, reconcile cost basis, and resolve exceptions., • Provide trading insights (security substitutes, share classes, tax implications) to the investment team. Performance Reporting & Data Integrity • Generate, reconcile, and distribute client performance and attribution reports., • Maintain accurate data across reporting platforms (Orion, Tamarac, Addepar, FactSet, Bloomberg)., • Partner with operations to ensure reconciliations across custodians, managers, and internal systems., • Identify opportunities to automate reporting and streamline workflows. Alternatives Monitoring • Track capital calls, distributions, valuations, and exposures for private funds and other alts., • Maintain up-to-date alt data in reporting systems., • Partner with client service and accounting teams to ensure timely processing of capital activity., • Support investment due diligence and monitoring by providing accurate data and reporting. Billing & Compliance • Oversee quarterly billing process, ensuring accuracy and timeliness., • Reconcile fee calculations and resolve discrepancies with custodians and client accounts., • Partner with compliance to support audits, regulatory reporting, and process controls. Cross-Team Collaboration • Work closely with Advisory, Client Service, and Advanced Planning teams to ensure seamless execution of client requests., • Provide portfolio operations insights for client and committee meetings., • Support Investment Committee with data prep, reporting, and operational follow-through. Process Improvement & Scale • Bring forward best practices from prior experience to elevate the function., • Identify workflow enhancements and technology solutions that improve efficiency, scalability, and accuracy., • Contribute to building the foundation of a future Investment Operations department. Requirements • Bachelor’s degree in Finance, Economics, Business, or related field., • 5–7 years of relevant experience in portfolio operations, trading, performance reporting, or investment administration (RIA, MFO, custodian, or asset manager background strongly preferred)., • Professional designations such as CFA, CFA Candidate, CFP, or other relevant credentials are preferred, • Proficiency with custodial trading platforms and industry systems (Orion, Tamarac, Addepar, FactSet, Bloomberg, Morningstar)., • Advanced Excel required; SQL, BI, or automation tool experience a plus., • Strong track record of operational excellence, data reconciliation, and error resolution., • Demonstrated ability to implement or recommend process improvements and best practices., • Exceptional attention to detail, accuracy under time pressure, and problem-solving skills., • Effective communicator, collaborator, and team player., • Growth mindset; ability to see both the day-to-day execution and the long-term opportunity to build something bigger. Benefits • Full-time position / exempt status, • Competitive salary and incentive bonus structure, • Full benefits package includes generous paid time off, health, dental, vision, life, disability, and 401(k) matching program. Fully paid premiums for medical/dental/vision., • Professional Development: training/certification/licensing/dues reimbursement, internal development planning, executive coaching and ongoing development programs, • Parking available, • Wellness reimbursement, • Regular team off-sites, events, including an annual team retreat, • Access to multiple exclusive industry and non-industry related events throughout the year, • Access to Parcion Family Office Network vendors and preferred pricing discounts, • Compensation range is competitive and will be determined based on the candidate’s experience and qualifications., • Base salary range $100,000-$140,000. PARCION PRIVATE WEALTH 11980 NE 24th St. Suite 210 Bellevue, WA 98005 Parcion Private Wealth provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, or genetics. In addition to federal law requirements, Parcion Private Wealth complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has offices. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Parcion Private Wealth expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Parcion Private Wealth’s employees to perform their job duties may result in discipline up to and including discharge.