Senior Associate, Product Management
- $178,402 per year
About the role
We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Position Overview:
StepStone Group Private Wealth LLC (StepStone) seeks a Senior Associate, Product Management for its NY, NY location.
Essential Job Functions:
- Collaborate with cross-functional teams at all levels, including research, business development, finance, legal, compliance, portfolio analytics, operations and HR, to draft high-quality, consistent diligence responses, fund materials, and other analyses in response to requests from current and prospective platforms.
- Leverage, compile and edit data from Company’s performance reporting systems to complete Request for Proposals/ Requests for Information/Due Diligence Questionnaires (RFP/RFI/DDQ) for Private Wealth clients/prospects, including writing and editing content, working with cross-functional teams to obtain necessary information, and ensuring that the final product is accurate and delivered on time.
- Utilize advanced technical skills in Power BI, SharePoint, Responsive, MS Excel and PowerPoint, to build automations and operational efficiencies to the overall systems and standard operating procedures.
- Manage and maintain the private wealth central database of responses to ensure content is kept up to date, ensure data quality via various controls and data validations and propose ongoing process improvements, and collaborate with team to teach the internal machine-learning technology to pre-populate the initial responses to inbound questionnaires.
- Collaborate with other teams in streamlining and customizing processes and systems in a manner that meets the needs of the Private Wealth division, including producing internally developed reporting capabilities for Company’s Funds.
- Provide support on developing presentations and managing agenda for client presentations.
- Conduct reoccurring portfolio update calls and meetings to support the client management team as they disseminate information to platforms and their clients regarding the funds.
- Supervise and mentor junior team members while also completing own assigned tasks in a timely and precise manner.
Qualifications:
- Must have a Bachelor’s Degree in Finance, Accounting, Business Administration or a related field and 3 years of experience in the position offered or as an Analyst or related position in the private markets industry.
- Two (2) years of required experience must include:
- Leading the full end to end project management lifecycle of complex private markets Request for Proposal (“RFPs”), Request for Information (“RFIs”), and Due Diligence Questionnaire (“DDQs”), including kickoff, scoping, internal alignment, drafting, review, escalation management, and final submission, for multi strategy and multi vehicle mandates spanning the Private Equity, Venture Capital, Private Debt, Real Estate, and Infrastructure asset classes, and requiring coordination across global business development, product management, research, legal, compliance, fund accounting, and operations teams;
- Applying advanced knowledge of private markets products, structures, and performance metrics to draft and validate diligence responses, including interpretation and reconciliation of AUM/AUA methodologies, deployment metrics, fund level and strategy level track records, fee structures, legal structures, and benchmarking caveats, and translating these into accurate, compliant, and client specific DDQ and RFP output across alternative asset classes;
- Utilizing advanced technical skills in Power BI, SharePoint, MS Excel, Responsive and PowerPoint to design, enhance, and operationalize dashboard driven reporting, automated data workflows, and standardized diligence templates, enabling scalable DDQ/RFP production, recurring fund updates, and improved data accessibility for diligence-focused teams;
- Designing, maintaining, and governing centralized diligence content repositories for RFPs and DDQs, including content taxonomy, tagging logic, version control, periodic validation, and cross team ownership delineation, and collaborating with technology and content stakeholders to support automation and machine learning assisted pre population of questionnaire responses while ensuring data accuracy and disclosure consistency;
- Performing systematic data quality, data integrity, and validation checks across private markets datasets, including capital activity, portfolio exposures, and performance reporting outputs, and proposing and implementing process improvements and quality control frameworks to identify root causes of data issues and prevent recurrence prior to external dissemination;
- Conducting recurring calls and meetings to support client management teams, including communicating fund performance, portfolio composition, and material developments, and translating complex private markets data into clear, accurate, and compliant narratives for clients;
- Supervising junior team members while concurrently completing individual deliverables, including onboarding, training, task allocation, and quality review, and providing ongoing guidance on private markets concepts, diligence processes, reporting methodologies, and operational best practices to ensure accuracy, consistency, and timely delivery of outputs.
- 10% international or domestic travel required.
Direct applicants only.
Telecommuting permitted up to 2 days per week from the New York City metro area. Salary: $178,402/year; 40 hrs/wk. Qualified applicants may visit our website at https://www.stepstonegroup.com/current-opportunities/ and apply online (Job ID 15490/GK). Direct applicants only. StepStone is an EEO/AA Employer.
At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
Candidates must be at least 18 years old to apply.