Hedge Fund Operations Analyst Jobs (NOW HIRING)

Location: Cincinnati, OH (On-site)
Employment Type: Full-time
Department: Fund Operations
About the Role / Position Summary
The Senior Fund Operations Analyst is accountable for providing day-to-day support on FEG's proprietary funds. Responsibilities include coordinating activities with Fund Operations staff, custodians/banks, third-party vendors, fund administrators, FEG internal parties, and investment managers. The position entails resolving various fund-specific administrative and operational tasks and initiatives with the primary objective of providing exceptional back-office services to the Funds' investors.
Why Work at FEG? / About the Company
FEG is an independently owned advisory firm that provides investment consulting, outsourced chief investment officer (OCIO), and research services to predominantly institutional clients1, such as university endowments, private and public foundations, religious organizations, healthcare institutions, corporate retirement plans, and select family offices.
Founded in 1988, FEG has served communities both directly and by helping our clients fulfill their missions, for over 37 years. FEG employs 140+ professionals across offices in Cincinnati, Ohio, Dallas, Texas, and Indianapolis, Indiana, with approximately $99.4 billion2 in client assets under advisement.
What You'll Do / Position Responsibilities
Operations, Accounting & Reporting

• Preparation of all fund processes including valuation, financial reporting, treasury management, audit, tax, and investor relations
• Compiling and analyzing bank, investment, and financial statements
• Perform account maintenance and reconciliation activities

Cash Management & Capital Activities

• Reconciling and forecasting of cash
• Manage and process cash activities including checks, transfers, wires, private capital calls and distributions

Investor, Manager & Stakeholder Support

• Coordinate the execution of new manager documents
• Interacting and assisting investors with issues and needs related to their investments including coordinating client audit requirements
• Coordinating with third-party vendors associated with the administration of all FEG Funds

Process Improvement & Special Projects

• Identify opportunities to enhance operational efficiencies
• Assist with departmental projects as desired
• Serve as mentor to junior operations staff to promote familiarity of processes and procedures

What We Require / Minimum Qualifications

• Bachelor's degree in finance, economics, or related field; MBA or CAIA desirable
• 2-5 years' experience in financial operations or similar field, preferably alternative fund related
• Ability to identify and resolve/escalate complex problems with minimal guidance
• Experienced in Microsoft Office, Excel, PowerPoint and SharePoint
• High attention to detail, excellent written and verbal communication skills, strong organizational skills and high work ethic. Must be able to multi-task and adhere to deadlines
• Exemplary knowledge of alternative investments and operations
• Proficient computer skills with ability to learn proprietary software

What You'll Bring / Knowledge, Skills, and Experience

• Ability to identify and resolve or appropriately escalate complex issues with minimal guidance
• Experienced in Microsoft Office, Excel, PowerPoint and SharePoint with strong attention to detail, and excellent written and verbal communication skills
• Listen and learn while still taking full ownership of individual scope of work
• Engage collaboratively with clients, investment teams and peers
• Prioritize effectively and decisively across complex teams and competing priorities
• Enjoy working in and learning about the financial investment industry

What We Offer / Benefits & Compensation

• Competitive compensation and bonus opportunities commensurate with qualifications and performance
• Employer-paid life, Short-Term Disability and Long-Term Disability coverage plus subsidized Medical, Dental, & Vision plans
• Wealth Benefits including 401(k) and ESOP Programs with company contributions
• Paid Time Off (Holidays, PTO, Parental Leave)
• Flexible work options designed to support work-life balance while maintaining productivity and collaboration
• Employee-led culture committees focused on engagement, well-being, diversity, and a positive workplace environment
• A structured mentorship program that fosters professional growth, knowledge sharing, and leadership development through meaningful one-on-one connections
• Tuition reimbursement for approved educational programs to support continued learning and career development
• Reimbursement for eligible professional certifications and industry-recognized designations
• Access to comprehensive wellness programs that support physical, mental, and overall well-being

Work Authorization Requirement
FEG Investment Advisors is committed to fostering diversity and maintaining equitable, inclusive hiring practices. At this time, we are not able to provide visa sponsorship for this role. All candidates must already have legal authorization to work in the United States at the time they apply and remain authorized throughout their employment, without requiring current or future sponsorship.
LIMITATIONS AND DISCLAIMER
The above job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position.
All job requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees.
This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform other job-related duties requested by their supervisor in compliance with Federal and State Laws.
Requirements are representative of minimum levels of knowledge, skills and/or abilities. To perform this job successfully, the employee must possess the abilities or aptitudes to perform each duty proficiently. Continued employment remains on an "at-will" basis.
1Institutional clients include Charitable organizations, Community Foundations, Corporate, Healthcare, Higher Education, Independent Schools, Insurance, Native American Tribes, Private Foundations, Public Funds, Religious organizations, and Taft Hartley. Nonprofit clients include Charitable organizations, Community Foundations, Healthcare (nonprofit), Higher Education, Independent Schools, Private Foundations, and Religious Organizations.
2As of December 31, 2025, Assets under Advisement (AUA) include discretionary and non-discretionary assets of FEG and its affiliated entities. These assets are typically non-discretionary. Some asset values may not be readily available at the most recent quarter-end; therefore, the previous quarter's values were used and may be higher or lower depending on current market conditions. Of the $99.4bn in AUA, FEG's total assets under management (AUM) of $18.1bn includes discretionary of ($15.4bn) and non-discretionary AUM ($2.6bn).
FEG Investment Advisors is an Equal Opportunity Employer. FEG Investment Advisors does not discriminate in its employment decisions based on race, religion, color, national origin, sex (including pregnancy, gender identity and sexual orientation), age (40 or older), disability, veteran or military status, genetic information, or any other basis that would violate any applicable federal, state, or local law.