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Alternative Investment Associate Jobs (NOW HIRING)

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Alternative Investment Associate information

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$22K

$97.1K

$213.5K

How much do alternative investment associate jobs pay per year?

As of Jun 8, 2026, the average yearly pay for alternative investment associate in the United States is $97,073.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,000.00 and $117,500.00 per year, depending on experience, location, and employer.

What is the difference between Alternative Investment Associate vs Hedge Fund Analyst?

AspectAlternative Investment AssociateHedge Fund Analyst
Required CredentialsBachelor's degree, finance or related field; certifications like CFA beneficialBachelor's degree, finance/economics; CFA often preferred
Work EnvironmentAsset management firms, private equity, real estateHedge funds, investment firms, asset management
Industry UsageUsed in private equity, real estate, infrastructure investmentsCommon in hedge funds, alternative strategies

The Alternative Investment Associate and Hedge Fund Analyst roles share similar educational backgrounds and work environments, often requiring finance degrees and CFA certifications. Both work within asset management or hedge fund firms, focusing on investment analysis. However, the Alternative Investment Associate typically handles a broader range of alternative assets like private equity and real estate, while the Hedge Fund Analyst concentrates on hedge fund strategies and trading activities.

What are some common challenges faced by Alternative Investment Associates in their day-to-day work?

Alternative Investment Associates often encounter challenges such as analyzing complex and unconventional assets, keeping up with rapidly changing market trends, and managing large volumes of data for due diligence. They must balance multiple projects and work closely with portfolio managers, legal teams, and external partners to ensure thorough investment evaluations. Strong communication and adaptability are crucial, as the role often requires presenting findings to senior stakeholders and responding to shifting client or regulatory requirements.

What are the key skills and qualifications needed to thrive as an Alternative Investment Associate, and why are they important?

To excel as an Alternative Investment Associate, you need a solid background in finance, investment analysis, and portfolio management, typically supported by a bachelor’s degree in finance, economics, or a related field. Familiarity with financial modeling software, Bloomberg Terminal, and relevant certifications such as CFA Level I or II are commonly required. Strong analytical thinking, attention to detail, and effective communication skills set exceptional candidates apart in this role. These competencies are crucial for evaluating complex investment opportunities, mitigating risks, and supporting informed decision-making in alternative investment portfolios.

What are Alternative Investment Associates?

Alternative Investment Associates are finance professionals who support the management and analysis of alternative investment products, such as private equity, hedge funds, real estate, commodities, and infrastructure assets. They typically assist in due diligence, portfolio monitoring, market research, and client reporting. Their role is crucial for helping investment firms diversify client portfolios beyond traditional stocks and bonds, aiming to achieve higher returns or reduced risk. They often work closely with portfolio managers, analysts, and clients to evaluate new opportunities and monitor ongoing investments.
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Senior Representative, Alternative Investments

Fidelity Investments

Trophy Club, TX

Full-time

Posted 7 days ago


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 264 frontline employees who took The Breakroom Quiz

14th of 138 rated financial services


Job description

Job Description:

The Role

The Alternative Investments Brokerage Operations role involves reconciling the Operations and Services Groups' Alternative Investment positions, held in book entry form, on behalf of our clients and in a timely manner to mitigate risk and exposure to the organization. These activities are performed daily and require adherence to policies, procedures, and regulatory guidelines

The Recon team is tasked with reconciliation of Hedge Funds, non-publicly traded REITS, Funds of Funds, Private Investment Funds and other asset classes. The associate will also be responsible for handling research requests regarding account transactions and for resolving complex reconciliation issues in a timely manner. The associate will act as the owner of the relationship between the Product Sponsor and Fidelity.

The Expertise and Skills You Bring

  • College degree preferred

  • Knowledge of alternative investment products and reconciliation process

  • 2 years brokerage experience, or 5 work related experience

  • Reconcile fund activity to internal books-and-records

  • Minimize risk to the organization by resolving discrepancies within 7 days of identifying

  • Analyze and research discrepancies and aged transactions with issuers

  • Process various maintenance requests

  • Escalate any potential risk to the organization

  • Data entry to support those funds that are reconciled manually

  • Analyze or review decision-related transactions and ensure compliance

  • Interact with various fund companies and their transfer agents

  • Review of brokerage activity and fund statements

  • Reconcile suspense accounts

  • Identify process improvement opportunities

  • Detail oriented, ability to work effectively with minimal supervision

  • Team player with capability to help maintain a positive work environment

  • Strong analytical and decision-making skills

  • Ability to prioritize and work effectively in a fast-paced environment with multiple deadlines and processes

  • Exceptional quality and productivity in current role

  • Ability to handle and resolve complex problems

  • Strong verbal and written interaction skills including ability to explain complex processes

  • Effective time management skills and ability to prioritize and multi-task.

  • Strong PC skills - Word, Excel and Access

Note: Fidelity will not provide immigration sponsorship for this position.

The Team

Operations and Services Group (OSG) provides superior customer service to Fidelity's Institutional Products Group's businesses through innovation, dedication and commitment to excellence. With eight operating divisions located throughout the country, OSG provides securities execution, clearance, and information management services to retail, institutional, and correspondent clients. OSG performs tens of thousands of over-the-counter, listed equities, options, bonds, and mutual fund transactions daily.

An Alternative Investment (AI) is a highly specialized investment vehicle that is tailored to sophisticated, high net-worth investors and are not traded on any public market. Our Alternative Investments group services all Fidelity lines of business and handles end-to-end operations from onboarding of assets, all transactions, reconciliation, and servicing requests.

Certifications:Category:Brokerage Operations

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.


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