At a Glance
- Tasks: Support operational due diligence and develop analytical skills through hands-on training.
- Company: Join Albourne, a leading firm in alternative investments with a collaborative culture.
- Benefits: Enjoy competitive salary, life insurance, and tax-efficient benefits like cycle to work.
- Other info: Hybrid work model with opportunities for professional growth and a diverse workplace.
- Why this job: Kickstart your career in finance while working on exciting projects and gaining valuable experience.
- Qualifications: Strong academic background and two years in the Alternatives Investments Industry required.
The predicted salary is between 35000 - 40000 £ per year.
We are seeking an Operational Due Diligence (ODD) Associate Analyst to join our team in London. This role is ideal for an early-career professional interested in alternative investments and operational risk identification.
In this role, you will receive on-the-job training in the assessment of non-investment operational risks within investment managers' businesses and prepare written research reports for clients. You will also be at the forefront of the AI transition by assisting with transformation of the function. This is a great opportunity to join a friendly and highly experienced team and gain exposure to a wide range of fund structures and strategies within a collaborative, fast-paced environment.
Job Summary & Purpose: This position is designed to help you build the foundation needed to progress to Analyst level. As an Associate Analyst, you will play a key dual role: actively supporting the ODD Analysts in their operational due diligence work while developing your own analytical skills through our on-the-job training program. You’ll assist with research, documentation, and coordination tasks that contribute to the team’s success, gaining hands-on exposure to the analyst workflow.
Accountabilities: As an Operational Due Diligence Associate Analyst, you will:
- Participate in onsite interviews with fund managers to discuss operational risks, internal controls and information systems. Contribute to these meetings and prepare clear and concise written reports.
- Proactively conduct ongoing monitoring updates with fund managers.
- Review and interpretation of financial statements, offering documents, and other fund literature. Upon that review and interpretation, produce research deliverables for clients within the scheduled deadline.
- Conduct reference checks with service providers for completion of the relevant reports.
- Ensure client deliverables are prepared, reviewed, and delivered on a timely and accurate basis.
- Provide general support to the operational due diligence team as needed.
- Collaborate with colleagues across teams and regions.
- Become an active idea contributor to client newsletter and internal intranet.
- Ensure information within internal database is kept up to date and current.
- Participate in project work to support the due diligence process and broader company initiatives.
Other Requirements:
- Strong academic background
- Two years of work experience in the Alternatives Investments Industry
- Willing to study for the CAIA or CFA qualification
- High level of writing proficiency
- Experience of report writing
- Proactive and enthusiastic
- Good time management and multi-tasking
- Professional demeanour and strong interpersonal skills
- Ability to travel overseas as required
- Comply with terms of Albourne Compliance Manuals
- Attend company events as requested
- Meet regulatory requirements
Benefits: Discretionary bonus, Life insurance, Tax-efficient benefits (cycle to work, season ticket loan, private medical insurance)
Operational Due Diligence Associate Analyst employer: Albourne
Albourne is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation in the Hedge Fund sector. With a strong emphasis on employee growth, we provide opportunities for professional development through training and mentorship, alongside competitive benefits such as private health insurance and discretionary bonuses. Our inclusive culture encourages diversity and ensures that every team member feels valued, making Albourne a rewarding place to build a meaningful career in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Due Diligence Associate Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Albourne. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Operational Due Diligence Associate Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Albourne.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Albourne's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Albourne
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Albourne.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Albourne will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Albourne employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
