Alt Investments Ops Spec

The Funds Services division of UMB works with clients to provide accounting, tax, audit, and administrative services for alternative investments, such as private equity funds, hedge funds, and fund of funds, as well as mutual funds and collective trusts. As the Alternative Investments Operations Specialist I, you will help start the operations process when the Funds Services division acquires new clients.

You will be assigned a group of alternative investment clients and be responsible for processing all documents for Alternative Investment products that UMB services. As documents come to your queue to process, you will review the document to ensure everything is in good order and research and resolve items that are not in good order.

• Ensure that all transactions are processed accurately, timely, and completed in their entirety
• Participate in projects/project teams and client conversions
• Test new systems and programs to improve efficiency and effectiveness
• Perform comprehensive review of all investor documents to ensure accuracy; input investor information into database ensuring 100% accuracy
• Review the work of other specialists and provide constructive feedback
• Assist with writing and updating procedures

• Possess a Bachelor’s degree
• Possess one year of transaction processing experience

US Employees in California, Washington DC, New Jersey, and New York: $41,060 - $59,760

US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin: $37,490 - $54,700

US Employees in all other states not listed above: $33,920 - $49,650

The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.

• Paid Time Off; 401(k) matching program; annual incentive pay; paid holidays; comprehensive company‑sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; employee assistance program; fitness reimbursement; tuition reimbursement; associate wellbeing program; associate emergency fund; and various associate banking benefits (benefit offerings and eligibility requirements vary).

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to  to let us know the nature of your request.