District Partners has been retained by a true UHNW multi-family office in Cleveland to hire an Investment Operations Associate to join a best-in-class platform supporting sophisticated client portfolios (including alternatives). This is a rare chance to step into the engine room of a premier wealth organization—own the data, tighten the workflows, and help scale an institutional-quality investment operations function alongside a strong leadership team.
If you love precision, systems, and making the “investment machine” run flawlessly—this is the seat.
What You’ll Do:
Investment Systems & Data Integrity
- Configure and maintain Canoe for alternative investment document processing and data extraction
- Manage capital call and distribution entries into Black Diamond with speed and accuracy
- Oversee the ByAllAccounts aggregation database: daily feed monitoring, reconciliation, and troubleshooting
- Support ongoing improvements to data processing, analytics, and reporting workflows to enhance usability and quality
Reconciliation & Reporting
- Reconcile custodian data (Fidelity) to Black Diamond: trades, cash, positions, and performance inputs
- Investigate and resolve breaks in partnership with custodians and internal stakeholders
- Perform ongoing QA/validation across Black Diamond, Canoe, ByAllAccounts, and custodian feeds
- Partner closely with senior investment operations leadership to ensure reporting consistency and reliability
Account Administration & Maintenance
- Set up new accounts in portfolio accounting systems, including household structure, model assignments, and reporting configuration
- Manage closed accounts through the reporting lifecycle with proper archival and clean data trails
- Maintain manual updates for restricted assets, non-marketable securities, and held-away accounts
Trade Support & Operational Execution
- Assist with trade execution support and validation of trade files
- Confirm settlement accuracy and coordinate with the investment team
- Support system testing, automation efforts, and workflow optimization tied to trading and reporting
What You'll Have:
- Bachelor’s degree in Finance, Accounting, Economics, or related field
- 1–3 years experience in investment operations, performance reporting, reconciliation, or portfolio data work (preferred)
- Familiarity with Black Diamond (ideal) and/or Addepar, Orion, or similar portfolio accounting platforms
- Strong Excel skills; comfort working with large datasets and repeatable processes
- Detail-obsessed, analytical, and process-driven—someone who takes pride in clean inputs and clean outputs
- Strong communication skills and the ability to work cross-functionally (investments, advisors, client service)
Why This Role:
- Work with a high-caliber UHNW platform with complex portfolios and real alternatives exposure
- Be a core part of an operations function that leadership genuinely values
- Opportunity to grow into broader responsibility over time as the firm continues to scale
Location: Cleveland, OH (Hybrid potential depending on candidate fit)
Comp: Competitive base + bonus + strong benefits (details shared in process)
District Partners is managing this search on a confidential basis. Client details will be shared with qualified candidates during the process.