Development Operations Associate Jobs in Waltham, MA

Firm Description
Founded in 2001, Partners Capital is a Global Investment Office acting for distinguished endowments and foundations, senior investment professionals and prominent families across the globe. With $75B+ in assets under management, the firm constructs customized investment portfolios for its clients tapping into its deep network of partnerships with what we consider exceptional asset managers across all major asset classes. Clients include Syracuse University, Sesame Workshop, INSEAD Business School, New York’s Metropolitan Opera, San Francisco Symphony, Eton College, Colorado College, several Oxford and Cambridge University Colleges, several family offices around the world, and senior executives from leading global investment firms. The firm employs more than 400 people across its eight offices located in Boston, New York, London, San Francisco, Paris, Singapore, Hong Kong and Dallas.
Partners Capital is diverse and inclusive, in people and in thought. Our meritocracy is enabled by fostering a truly inclusive and collaborative culture. We are proud to be an equal opportunity employer where diverse perspectives, backgrounds and experiences are valued.
Position Description
The Associate will join our Boston office as a member of the Data Operations team. This individual will be a key part of this growing team responsible for critical client and investment manager data. This is a global team with team members located in Boston and London. Key responsibilities including supporting daily transaction processing and data operations for alternative investment valuations across Partners Capital global fund book — capital calls, distributions, capital account statements, and NAV data — while contributing to automation projects that improve quality and efficiency across our investment data sets.
The Associate will play a significant role in the firm’s effort to enhance our core data function. The Associate is expected to gain exposure to and have a full understanding of our investment process and to develop an understanding of all parts of the business. Ability to build strong cross-functional relationships is critical to success in this role.
Key Responsibilities

• Process and reconcile capital calls, distributions, and capital account/valuation statements against fund documents and internal systems.
• Ingest and validate GP-reported data in Canoe Intelligence and/or iLevel; flag exceptions and data quality issues
• Maintain accurate transaction records across ABOR/IBOR platforms
• Support month-end/quarter-end valuation close and reporting deadlines
• Partner with Research Operations and Client Operations to resolve data discrepancies
• Contribute to workflow automation initiatives — documenting current-state processes, testing new tools, and identifying manual steps for elimination
• Maintain SOPs and process documentation for transaction and data workflows

Qualifications

• Intellectually curious and energized by the prospect of solving business-wide operational challenges
• Bachelor's degree in Finance, Accounting, Economics, or related field
• 1–3 years experience; internship or coursework in alternative investments a plus
• Hands-on experience with Canoe Intelligence and/or iLevel strongly preferred
• Experience with SimCorp Dimension preferred
• Strong Excel skills; SQL or scripting (Python) a plus, AI tooling skills
• High attention to detail, comfort with high transaction volume and deadlines
• Interest and ability to work within a global team and outsourcing providers

Key responsibilities may be assessed and are subject to change from time to time based on the needs of the business. The individual may be required to work overtime as needed.
Benefits and Compensation
Partners Capital is committed to being a great place to work. We are focused both on wellbeing and professional growth. You can expect professional development and career progression opportunities, competitive compensation, exceptional benefits, and a flexible “results-focused” working model. Our benefits package includes medical, dental, and vision insurance, short and long-term disability insurance, life insurance, flexible spending accounts, commuter benefits, paid time off and a 401(k) plan with employer matching. The Firm also supports global philanthropy via a charity program and volunteer day. In addition, we champion a variety of wellness and social events. We also support the pursuit of professional certifications such as the Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), etc.
Massachusetts requires Partners Capital to include a reasonable estimate of the base salary range for this role. This base salary range is specific to individuals applying to work in our Massachusetts office and takes into account a number of factors. A reasonable estimate of the base salary range for this role in Massachusetts is $65,000 - $80,000. The base salary offered will be determined on factors such as experience, skills, training, certifications, and education. Decisions will be determined on a case-by-case basis.
The base salary is one element of our competitive compensation package. In addition to the base salary, this position may be eligible for performance-based incentives.
For all California residents, please click here to view the Partners Capital California Applicant Privacy Notice
Equal Opportunity Employer
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For further information, please review the Know Your Rights notice from the Department of Labor.