Institutional Operations Associate - Glenmede : Job Details

Empowering Financial Futures. For more than 65 years, Glenmede's independent ownership, innovation and unwavering commitment to our clients have made us a trusted partner for private wealth, endowment & foundation, and investment management clients. Our people are invaluable. Through a team-oriented environment, your knowledge, expertise and varied backgrounds contribute to thoughtful innovation. Our culture fosters opportunities for continuous career growth and development in all areas of the organization. Working at Glenmede, you will experience the infrastructure and resources of a large firm combined with the client and employee focus of an independently owned boutique. This position will operate in a hybrid work environment, 3 days per week in the office (Philadelphia, PA). OVERVIEW: Glenmede is seeking an Institutional Operations Associate to join our team. The person in this role will report to Glenmede's Director of Institutional Operations. This role is pivotal in advancing institutional client performance and analytical reporting as well as delivering broad support to our clients and internal teams. Glenmede's client portfolios include investments in public equity funds, private growth equity and buyout funds, venture capital funds, hedge funds, real assets, fixed income and direct co-investments. A critical component of the role will involve deep engagement in the implementation and ongoing utilization of an Investment Book of Record (IBOR) and performance reporting platform. RESPONSIBILITIES:IBOR/Platform Implementation & Reporting

• Serve as a key contributor to the implementation of the firm's investment reporting and Investment Book of Record (IBOR) platform.
• Collaborate with internal stakeholders and external vendors to ensure data integrity, system integration, and reporting accuracy.
• Act as a subject matter expert and lead resource for ongoing system enhancements and data/reporting needs.
• Collaborate on project plan and help manage the onboarding of Glenmede client data to a newly selected provider.

Investment Operations & Client Reporting

• Reconcile and process investment transactions across internal systems to support accurate, timely reporting for the firm's largest clients.
• Support the design and ongoing production of performance, liquidity, exposure, and pro forma portfolio and cash flow reports.
• Coordinate the monthly close process, ensuring accurate performance reporting and client deliverables.
• Coordinate with managers, fund administrators, and service providers to gather transparency, compliance, ESG, and DEI-related data.

Research & Relationship Support

• Maintain the operational components of the firm's research management system, ensuring timely capture of manager documentation.
• Assist in the preparation of materials for client investment committee meetings.
• Partner with client service teams to respond to client and auditor inquiries.
• Support the onboarding of new institutional client relationships by coordinating data collection, documentation, and systems setup.

Firm Building

• Engage in department-specific and firm-wide initiatives to complete corporate initiatives, projects, and business analysis supporting Glenmede's strategic goals. Ability and willingness to contribute to the advancement of team, office and business capabilities. Perform other duties as required by position.
• A commitment to ethical principles and professional standards, acting with transparency, fairness and desire to prioritize the best interest of clients. Upholds confidentiality, avoids conflicts of interest, and ensures all actions align with legal and regulatory requirements.

REQUIRED QUALIFICATIONS:

• Bachelor's degree in Accounting, Finance, Economics or a related field.
• 2+ years of experience in fund accounting, investment operations, performance measurement or a related function in an endowment, foundation, pension, OCIO, bank or other asset management firm.
• Proficiency with performance measurement tools and software, as well as advanced Excel skills.

PREFERRED QUALIFICATIONS:

• Certifications: CPA, CFA, CIPM or other relevant professional certifications.
• Experience with or exposure to IBOR and portfolio management platforms such as MSCI Total Plan, Addepar, Solovis or similar systems.
• Knowledge of various investment instruments including private equity, hedge funds, stocks, and bonds, plus general knowledge of investment accounting and performance practices for multi-asset class portfolios.
• Strong analytical and quantitative skills with the ability to interpret complex data and generate meaningful insights.
• Excellent written and verbal communication skills, with the ability to present information clearly and concisely to all stakeholders.
• High level of precision and attention to detail in all work products and a fundamental commitment to ensuring client reporting is accurate.

Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit Our Benefits Overview: -Competitive health and welfare benefits, including company HSA contributions -Numerous voluntary benefit choices available -Superior 401k match -Tuition reimbursement -Company subsidized commuter benefits -Generous paid time off, including parental leave -Plus more! Glenmede is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Glenmede is committed to the principle of equal employment opportunity for all employees and applicants and to providing employees with a work environment free of discrimination, retaliation, and harassment. All employment decisions, including hiring decisions, at Glenmede are based on business needs, job requirements and individual qualifications in full compliance with all local, state and federal laws prohibiting discrimination on the basis of any status protected by the laws or regulations in the locations where we operate. Glenmede will not tolerate discrimination or harassment based on any of these characteristics. ** We are not seeking agency assistance with this role. No agencies, third parties, or phone calls, please. Glenmede is not accepting unsolicited resumes from search firms. All resumes submitted by search firms to any employee at Glenmede via-email, the Internet, or directly without a valid written search agreement will be deemed the sole property of Glenmede, and no fee will be paid in the event the candidate is hired by Glenmede. #LI-Hybrid