Private Markets Operations Specialist

United StatesRemotemid

OperationsOtherOperations Specialist

0 views0 saves0 applied

Apply Now

Quick Summary

Overview

Why Work at Mercer Advisors? For more than 40 years, Mercer Advisors has been helping families amplify and simplify their financial lives by integrating financial planning, investment management,

Technical Tools

OperationsOtherOperations Specialist

What We Offer

~3 min read

For more than 40 years, Mercer Advisors has been helping families amplify and simplify their financial lives by integrating financial planning, investment management, business management, tax, estate, insurance, and more, all managed by a single team. We deliver the kind of comprehensive care once reserved for only the wealthiest households.

Today, we serve over 31,300 families across 90+ cities across the U.S. Ranked the #1 RIA Firm in the nation by Barron’s for two consecutive years, Mercer Advisors is an independent fiduciary legally bound to act in our clients’ best interests — always.*

Mercer Advisors offers a workplace that stands apart in the financial industry. More than half of our employees and client-facing professionals are women, reflecting the clients we serve. With a flexible, national footprint, we build our teams around exceptional talent — wherever they are.

Join us and help families amplify and simplify their financial lives with confidence.

* Mercer Advisors was ranked #1 for RIA firms with up to $70 billion in assets. The Barron’s top RIA ranking is based on a combination of metrics – including size, growth, service quality, technology, succession planning and others. No fee was paid for participation in the ranking, however, Mercer Advisors has paid a fee to Barron’s to use the ranking in marketing. Please see important information about the ranking criteria methodology here.

Mercer Advisors offers a competitive and robust benefit package to our employees. Our benefit programs are focused on meeting all of our employees and their eligible dependents health and welfare needs. We offer the following:

✓Company Paid Basic Life & AD&D Insurance

✓Company Paid Short-Term and Long-Term Disability Insurance

✓Supplemental Life & AD&D; Short-Term Disability; Accident; Critical Illness; and Hospital Indemnity Insurance

✓Three Cigna medical plans offerings including two High Deductible Health Plans and a Traditional Co-Pay medical plan.

✓Kaiser Medical plans available in California

✓Health Savings Account (HSA) with company contributions if enrolled in either HDHP medical plan.

✓Two comprehensive Dental Plans

✓Vision Insurance Plan

✓Dependent Care Savings Account for child and dependent care.

✓14 Company Paid Holidays including a full week off at Thanksgiving.

✓Generous paid time off program for vacation and sick days

✓Employee Assistance Plan

✓Family Medical Leave

✓Paid Parental Leave (8 weeks)

✓Maternity benefits utilizing company paid STD, any supplemental STD, plus Parental Leave (8 weeks) to provide time for recovery, baby bonding, and enjoying your family time.

✓Adoption Assistance Reimbursement Program

✓Company Paid Concierge Services for you and your loved ones for the spectrum of caring needs for your aging parents, young children, life’s challenges and more.

✓401(k) Retirement Plan with both Traditional and Roth plans with per pay period match as well as an after-tax option

✓Pet Insurance

✓Personalized financial planning and guidance from Mercer Advisors professionals, offered at preferred employee pricing

The Private Market Operations Specialist is responsible for ensuring data integrity, reporting accuracy, and operational continuity across Private Investment Services systems—primarily Orion and Arch. This role owns the data feed between various alternative reporting systems and Orion, ensures private investment positions are correctly reflected in all reporting environments, and supports onboarding of new private investment accounts for both organic clients and M&A-acquired firms.

Ensure accurate private investment reporting in Orion, including positions, transactions, valuations, and performance.
Own and manage the Arch → Orion data feed, validating that all private investment data flows correctly.
Monitor daily data exceptions and reconciliation reports, resolving breaks across Arch, Orion, and custodial records.
Troubleshoot data mapping issues, valuation discrepancies, and performance calculation errors with internal teams and vendors.
Assist with the private investment portion of M&A onboarding, including data migration, position setup, and historical mapping.
Review and convert legacy spreadsheets or systems from acquired firms into Arch and Orion.
Support processing and validation of capital calls, distributions, and periodic valuations as needed.
Maintain documentation for reporting standards, system workflows, and data processes.
Collaborate with Technology, Data Engineering, Reporting, and Operations teams to ensure data integrity and system stability.
Communicate clearly with advisors and internal stakeholders regarding reporting status, data issues, and resolutions.
Other duties as needed

3–5 years of experience in investment operations, data operations, portfolio accounting, or alternative investments.
Strong understanding of Orion (or similar reporting systems), including reconciliation, data mapping, and performance reporting.
Working knowledge of private market investments, including capital calls, distributions, valuations, and fund statements.
Experience managing or troubleshooting data feeds between financial systems and resolving data discrepancies.
Ability to interpret custodial records, investment statements, and fund documentation with a high level of accuracy.
Advanced analytical and problem‑solving skills, with strong attention to detail and proficiency in Excel.
Effective communication skills and ability to work cross‑functionally with technology teams, data teams, advisors, and custodians.

This professional role requires availability Monday through Friday, 8:00 AM – 5:00 PM.

Professional office environment, daytime hours, working inside, standing, and sitting, will be assigned to a workstation, no heavy lifting over 20 lbs.

Mercer Advisors is an equal opportunity employer and does not discriminate on the basis of any characteristic protected by applicable federal, state, or local law. Mercer Advisors participates in E-Verify and complies with federal employment eligibility verification requirements.

If you need an accommodation during the application or hiring process, please email PeopleTeam@merceradvisors.com. This inbox is for accommodation requests only.

For information about applicant rights, required employment notices, E-Verify participation, and state specific disclosures, please review our Applicant Notices and Employment Rights.

If you are a resident of California, learn more about Mercer's California Consumer Privacy Policy here.
CCPA Notice at Collection