Investment Business Manager

Description

The Investment Business Manager (IBM) is responsible for owning the operational workflows and pipelines that run across Concurrent’s investment platform, including implementation, investment operations, due diligence, research, data and analytics, and the deliverables that support the firm’s investment management, OCIO, and consulting work. The position keeps work moving on schedule, confirms it is executed the way it was designed, and documents processes so they remain repeatable as the platform scales.

Working within Concurrent’s investment operations team, the IBM coordinates across implementation, trading, investment operations, due diligence, research, data and analytics, risk management, and marketing, and works with SaaS vendors and Financial Advisors on platform deliverables. The position requires a working understanding of how custodian, investment technology, and investment operations systems interact, rather than a technology-only project management background.

Responsibilities

- Own and manage operational workflows and pipelines across the investment platform, keeping deliverables on schedule and ensuring nothing falls through the cracks.

• Lead cross-functional projects, ensuring teams deliver products and services on time and on schedule, proactively following up on open items, and communicating status, risks, and timeline impacts to stakeholders.
• Work with SaaS vendors to monitor roadmap items and ongoing maintenance of the systems used across the platform and to confirm roadmaps remain on schedule.
• Oversee implementation of investment products on the firm’s platforms and verify that work is carried out in line with portfolio manager intent.
• Support transitions, including future transitions to the OMS, and speak to the firm’s product set as it relates to transition and implementation workflows.
• Develop, document, and maintain SOPs and checklists for operations and implementation processes so institutional knowledge is retained and repeatable.
• Coordinate across implementation, trading, investment operations, due diligence, research, data and analytics, and risk management to keep handoffs clean and accountable.
• Partner with data and analytics to track workflow health, identify areas for improvement, and refine processes over time.
• Support and help direct investment operations associates to ensure SOPs are followed and kept current.
• Manage service and marketing deliverables tied to the firm’s investment offering, coordinating production, owners, and timelines.
• Route completed work through the appropriate representative or owner before it reaches the advisor.
• Oversee the execution of the forms and contracts required to keep workflows moving as expected.
• Leverage the firm’s enterprise AI harness to manage multiple workstreams and improve workflow efficiency.
• Perform other related duties and responsibilities as reasonably assigned.

Qualifications

- Bachelor’s degree preferred, ideally in a discipline related to wealth management or investments.

• 3 or more years of operations, project management, or process/analyst experience in wealth management, asset management, or related financial services.
• Experience in a Registered Investment Advisor (RIA) environment, or in asset management or SMA operations, with an understanding of how custodian, investment technology, and investment operations systems work together.
• Prior project lead experience, ensuring cross-functional teams deliver products and services on time and on schedule.
• Experience building or maintaining SOPs, checklists, and process documentation.
• Working knowledge of investment operations, including implementation and trading, proposal or portfolio operations, research, and related data workflows.
• Familiarity with platforms and tools such as TAMPs, model and rebalancing or trading systems (e.g. Black Diamond), CRM and workflow tools (e.g. Salesforce, Practifi, Redtail), and investment analytics tools.
• Exposure to UMA or sleeve implementation preferred.
• Strong organization, attention to detail, clear high-level communication, and reliable follow-through.

Benefits

- 401(k) matching

• Dental Insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

About Concurrent Investment Advisors

Concurrent is a Registered Investment Advisor firm that offers a multi-custodial hybrid investment platform to the clients of its partner firms. By offloading middle office functions, collaborating to help them achieve their growth goals, and providing a best-in-class platform, Concurrent assists partner firms with streamlining the launch of their business in the RIA space and positioning them to best serve their clients in the evolving financial services field.

Headquartered in Tampa, Concurrent was founded in 2016 and currently supports over 200 advisors in 120 offices with $25 billion in assets under management (AUM) and more than $17 billion assets under advisement (AUA).

Company Values

We believe that we best serve our partner firms and their respective clients when we have team members who are aligned in their values. Our team environment is fast-paced, highly collaborative, and innovative. We value motivated team members who enjoy solving problems, are open to implementing new ideas, and take pride in their work product