Client Manager - Alternative Investments - Milwaukee

Milwaukee, WI 53233  City/Milwaukee Job Category: Accounting/Finance/Insurance At UMB, you can count on more. It's a commitment that defines everything we do. And it's the reason why we've grown from a small storefront bank in 1913 to a multi-billion dollar holding company today. Building your career here means doing more for your customers. It means going above and beyond on a daily basis. And more than anything else it means being part of a tradition of excellence that is second to none. Of course, as much as we count on more from you, you can count on more from us. We provide the advantages you expect from a financial leader, and more. We provide the training, the support and the opportunities you need to grow in your career. Best of all, our culture is open, innovative and responsive to our associates.Job Description Position Summary:The manager will be responsible for the oversight of the accounting operations and administration for a variety of alternative investments; maintaining a strong working relationship with internal and external clients and will be responsible for the professional growth and development of the staff and supervisors. Responsibilities:1. Manage several Alternative Investment client relationships. The products supported include hedge funds, fund of hedge funds and registered fund of hedge funds. 2. Develop and maintain client relationships; attend Board meetings. 3. Oversee the preparation of the quarterly, semi-annual and annual financial reports for assigned clients. Ensure reports are maintained within regulatory guidelines and oversee their timely and accurate filing. 4. Serve as the liaison between the client and the client?s service providers, including external auditors.5. Determine staffing needs, hiring, training and development, mentoring the team delegating assignments, enforcing policies and procedures, and performance management.6. Coordinate and actively supervise the daily execution of fund accounting activities by supervisors and staff. 7. Conduct team meetings and lead/participate in client conference calls. Participate in internal meetings to provide/improve internal controls, procedures, etc. 8. Remain knowledgeable on current accounting and regulatory issues. 9. Work with the internal Control Groups on matters such as automation and process improvement, training, conversions, internal audits, etc.10. Participate in new business presentations, as needed. Take the lead in proposing additional products or services to existing clients. 11. Coordinate the start-up of new client funds, master-feeder structures, classes, including fund conversions. 12. Responsible for annual review of client agreements and fee schedules including coordination of review of agreements and fee schedules for other service areas within UMB. Experience1. Bachelor?s Degree in Accounting, and relevant industry experience. 2. Minimum of six (6) years of mutual fund or investment company accounting experience required. Prior experience with hedge funds would be preferred.3. Required are a strong attention to detail, excellent communication and presentation skills and the ability to work with several clients simultaneously. 4. Analytical skills and advanced spreadsheet capabilities are required. 5. Client service including diplomacy, negotiation, sales and social skills are needed.6. Demonstrated people management skills are required.7. The ability to solve problems and to train and motivate staff is critical. 8. Knowledge with portfolio accounting systems and partnership allocation systems. https://recruiter.kenexa.com/umb/cc/CCJobDetailAction.ss?command=CCViewDetail&ccid=bupJEdUjsTs%3D&job_REQUISITION_NUMBER=9090 . For more information about UMB, please visit our web site at www.umb.com. We are an Equal Opportunity Employer. M/F/D/V. UMB employs more than 3,000 associates and operates banking centers across Missouri, Illinois, Colorado, Kansas, Oklahoma and Nebraska. Subsidiaries of the holding company and our lead bank, UMB Bank, n.a., include an investment services group based in Milwaukee, and single purpose companies for brokerage services, consulting services and insurance. UMB offers a wide array of financial products and services for both individuals and businesses, including loans, trust and wealth management products, treasury management, financial counseling, investments, custody, brokerage services, credit cards, deposit accounts and much more. Our team of dedicated associates is proud to be part of a longstanding tradition of delivering the unparalleled customer experience, and showing customers they can count on more from UMB.