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Private Equity Fund Operations Senior Analyst

    • Minneapolis, Minnesota
  • Asset Management
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Description

We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given.

At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.

Job Summary

The Private Equity Fund Operations Senior Analyst is a multi-discipline role which encompasses investment and accounting knowledge in support of Thrivent’s Private Equity portfolio. The Private Equity Fund Operations Senior Analyst displays an understanding of private equity fund operations and is an experienced contributor to daily private equity fund operations (accounting, reporting, valuations, cash monitoring). The position is responsible for providing a wide range of portfolio and security-level investment reporting, analysis, valuation, and accounting as part of the Private Equity operational support team. This role engages in analysis for surplus management, statutory financial reporting, and assists with portfolio management analytical requests.

Job Responsibilities and Duties

  • Maintains internal private equity fund operations for Thrivent’s Private Equity Portfolios (functions include accounting, valuations, management reporting, performance, ownership structure analysis, distributions, cash monitoring).
  • Assists with annual GAAP audits and tax preparation.
  • Engages in bringing industry best practices and internal requirements to vendor and professional service relationships that handle the following functions - Fund Administration, External Audits, Tax Management, Portfolio Monitoring, Custodial Banking and Accounting Software.  Engages frequently with internal and external legal counsel regarding investment and fund legal issues.
  • Provides analysis to internal senior stakeholders for investment performance, surplus management, statutory financial reporting, and assists with Portfolio Manager and legal requested analysis. Consultation, analysis and inform on private equity issues with the Private Equity Fund Operations Consultant & Manager.
  • Assists with strategic initiatives supporting Thrivent’s Private Equity portfolio. 
  • Provides analysis on external sub-advised private equity managers and reports financial and surplus impact to senior investment division leadership.
  • Models Thrivent’s leadership competencies – courage, collaboration, and commitment by demonstrating resiliency, working together to make the best decisions, and holding yourself and others accountable.​
  • Supports and/or develops an environment in which Thrivent employees and colleagues are focused on continuous improvement, exceptional employee engagement, and an unwavering commitment to our clients.  Shapes and/or supports a culture that represents the Thrivent purpose, promise and values, ensuring that Thrivent’s trust and reputation remain strong with its clients.  

The Private Equity Fund Operations Senior Analyst will interact frequently with the Private Equity Fund Operations Manager and peers within the operations team, along with the Private Equity Investment Team. The position also interacts with senior level contributors at professional service firms. This position provides analytics on all private fund operations.  The Senior Analyst provides analysis and guidance to senior stakeholders to influence private equity operational processes. 

Job Qualifications

Required:

  • Bachelor’s degree in finance, accounting or related discipline.
  • 3-5 years finance and accounting experience.
  • Experience with private equity audits and private equity financial reporting processes.
  • Experience working with leading private equity systems or fund administration/custody functions.
  • Ability and eagerness to work collaboratively in a team environment.
  • High level of organization and attention to detail.
  • Passion for and understanding of new technology and trends.
  • Excellent communication, collaboration, and influence skills among all organizational levels.

Preferred:

  • Attainment of MBA, CFA or CPA designation.
  • 2 years private equity fund experience.
  • Proven success in executing on end-to-end private equity processes.
  • Ability to prioritize work against enterprise, division, and product strategies; can effectively communicate rationale and impact for prioritization choices.
  • Expert in defining high-quality business requirements.
  • Strong leadership skills to coordinate work and motivate internal & external stakeholders.
  • Advanced skills in MS Office Suite.

Additional Information

  • This position requires you to work on-site in Minneapolis, MN a minimum of two days a week.
Pay Transparency


 

Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $90,281.00 - $122,145.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.


 

Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.


 

The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent’s plans/policies are subject to change at any time at Thrivent’s discretion.


 

Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to  human.resources@thrivent.com  or call 800-847-4836 and request Human Resources.

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Private Equity Fund Operations Senior Analyst

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At Thrivent, we know our organization is strengthened when we have a diverse team that reflects our clients and builds on the diverse perspectives of others.

We believe that humanity thrives when people make the most of all they've been given, which includes our history, heritage, individual and collective experiences. Take a moment to pause with us, reflect on where Thrivent is at in our DEI journey and look forward to the future in anticipation of great things to come.

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