Investor Operations Analyst

About Magnetar

Magnetar is a leading global alternative asset manager with $22B+ AUM as of June 30, 2025. We are based in Evanston, IL—just north of Chicago and easily accessible by the “L”—with additional offices in New York, London and Menlo Park, CA. Grounded in two decades of investing experience, we aim to generate consistent performance for our investors by identifying differentiated investment opportunities and building scalable businesses across our core strategies:
Alternative Credit and Fixed Income, Systematic Investing, and Venture. This year, we proudly celebrate our 20th anniversary—a testament to our legacy of innovation, expertise and commitment to our clients and team. Magnetar employees are among the best in the business at what they do. Our employees thrive on intellectual curiosity, collaboration and identifying creative solutions to complex problems. Our team is made up of highly skilled, passionate professionals who care deeply about delivering results for our investors, our firm and one another.

We are proud to foster an inclusive, welcoming environment that empowers each employee to succeed. At Magnetar, our commitment to our employees matches our dedication to our work. We offer top‑tier benefits including comprehensive health, dental and vision insurance, a 401(k) match, competitive paid time off, wellness programs, daily lunches, and professional development through Magnetar University. We are also passionate about giving back, supporting financial education and community engagement through our Foundation and various volunteer initiatives.

The Investor Operations Analyst position offers a unique opportunity to gain hands‑on exposure to how a leading alternative asset manager operates. Reporting to the Company’s Head of Client Services, you’ll play a key role in supporting the full investor lifecycle—from onboarding new investor accounts and managing capital activity flows to fielding ad‑hoc inquiries from investors and the Company’s external administrator. This role is ideal for someone eager to build a foundational understanding of hedge fund structures, investor documentation, and fund operations, while learning directly from experienced professionals across Finance, Legal, Compliance and Investor Relations.

You’ll gain a holistic view of how alternative investment funds are managed and what it takes to deliver a high‑quality client experience in a dynamic, fast‑paced environment.

• Work with investors and the Company’s external administrator to ensure full and complete documentation associated with prospective investor accounts (knowledge of AML / KYC best practices is a plus)
• Oversee investor wires and ensure timely receipt / distribution of funds around subscription deadlines, capital calls, etc.
• Book new accounts in the Company’s CRM system and other applicable internal systems
• Provide support for processing all subscriptions, transfers, distribution, calls and redemptions for the Firm’s external facing funds
• Maintain and reconcile investor data for tracking all pending and final capital activity
• Understand and process investor legal documentation, including but not limited to Subscription, Redemption and Transfer Documents
• Liaise with internal finance and accounting teams to ensure capital activity is properly booked across internal systems
• Assist in the maintenance and distribution of various investor reports that are posted to the Company’s investor portal or distributed via email
• Help maintain investor reporting contacts and account details in the Company’s CRM system
• Assist in distribution of daily, weekly and monthly performance estimates and reports
• Track and monitor various investor reporting obligations in conjunction with the Investor Relations team
• Assist with ad‑hoc investor inquiries
• Provide support to various departments in the Firm to facilitate business planning and capital flow projections
• Assist in compiling investor & fund metrics for management committee reporting
• Liaise with the external administrator to help facilitate FATCA compliance and various periodic and annual investor updates such as form ADV, Blue Sky, Privacy…