Russell Investments US | Senior Operational Due Diligence Analyst

Responsibilities

• Proactively identify and support efforts/projects to evolve the team’s practice in operational due diligence.
• Identify key areas of operational risk and confirm that the manager has completed associated remediation actions and/or implemented appropriate mitigating controls.
• Prepare written reports for internal and external distribution documenting the due diligence performed, findings, and recommendations to support conclusions.
• Communicate summary conclusions to internally interested parties and conduct follow-up with investment managers on any recommendations or risk findings, as needed.
• Maintain and track remediation/action plans with managers; escalate material issues to Investment, Legal, Compliance, and Operational Risk, and present at the appropriate governance forums.
• Ensure records management/data systems are maintained and up to date.
• Contribute to client deliverables including ODD sections of due diligence reports, RFPs/RFIs, and responses to client operational questionnaires; support client meetings as subject-matter expert.
• Joining our team means you will be a part of a passionate and supportive team that believes what we do matters to our clients and investors.
• Evaluate business, compliance, and operational risks associated with traditional and alternative investment managers relative to the scope of the Global Manager Operational Due Diligence (GMODD) program requirements by conducting desktop and/or on-site reviews of investment managers globally.

Requirements

• 5+ years of experience in Business Analyst, Operations, Internal Audit or Compliance roles within financial services, including Operational Due Diligence experience.

Russell Investments

Frank Russell started the firm in Tacoma, Washington, in 1936, and Russell Investments is now headquartered in Seattle. It manages money and gives investment advice to institutional investors, financial intermediaries and individual investors in many countries. Along the way it was an early name in institutional investment consulting (from 1969), took on its first outsourced chief investment officer client in 1980 and launched multi-asset portfolios for advisers in 1985. It also builds custom portfolios that mix active, passive and alternative investments, and manages portfolio transitions for large investors.

• Industry: Asset management and investment consulting: multi-asset portfolios, outsourced chief investment officer (OCIO) services, portfolio transitions
• Headquarters: Seattle, Washington, United States (Russell Investments)