Job Description

This is definitely NOT a traditional Operations Associate role. We are looking for an Operations Associate to be an integral part of a high performing team. This person should have experience with some or all of the following: investment operations, financial reporting, general business operations, trade processing and support, and general banking knowledge. One of the key advantages of the role compared to a traditional Operations role is that you will be developed as a “generalist” who can understand the end-to-end processes, as opposed to being a specialist in a particular product or process.

We are looking to recruit someone who is passionate about their work, who is energetic and will take ownership of work product and ensure it is timely and accurate. The candidate will be able to work in a time sensitive environment and balance competing priorities.

The Operations Associate should have strong communication skills and ability to juggle several high priority tasks simultaneously demonstrating solid time management skills. They should embrace a challenging, complex and deadline driven role by staying organized and finding solutions.

The Operations Associate will be a key member of a high performing operations team critical to ensuring the needs of the Investment and Family Relations functions are met.

DUTIES AND RESPONSIBILITIES

• Provide integral support to the investment and operations team on a day-to-day basis
• Support the investment and operations team with all ad hoc, time-sensitive requests and projects
• Independently manage and execute on a variety of operations and process objectives
• Display professional communication skills with responses to counterparties, tax/legal advisors, and team members by phone, email, and written communications
• Coordinate with our custodians and internal team members to follow up on and execute operational items in a timely manner
• Monitor and resolve daily time-sensitive activities
• Initiate, monitor and track asset transfers, re-registrations, private placements and other security related items
• Share responsibility for account and portfolio maintenance and reporting including, trade entry, daily workflows, securities pricing, transaction review and classification, and management of private security database
• Middle office workflows for trade clearing and settlement
• Support onboarding process for new accounts or relationships

EDUCATION

Degree in Business Administration, Finance, Economics or equivalent preferred.

WHY MILFAM MILFAM takes pride in its collaborative, diverse, and open culture. We provide many opportunities for our employees to adapt and grow in their roles and we encourage individuals to take initiative in new projects and welcome ideas at all levels. We provide the flexibility, tools, and technology to be used at home should you choose to work from there outside of market hours. We want individuals to succeed and accordingly provide a thorough training program beginning your first week with the firm. The training program covers essentials of finance, ethics, and investment roles, providing a clear understanding of the global investment industry. Our goal is to prepare you to be a successful professional in a high performing environment. We provide a competitive total compensation package and an unlimited paid time off policy. Our in-person office hours adhere to NYSE market holidays and daily trading hours.

Company Description

MILFAM LLC (“MILFAM”) is a private investment firm that exclusively manage the assets of the Miller Family. Lloyd Miller Jr. built the family fortune though active investing starting in the 1940s. His son Lloyd Miller III followed in his footsteps, taking over management of the family’s investments around 1990 and formally establishing MILFAM as the Miller family office in 1996. Today, the MILFAM investing tradition is continued under the management of Lloyd’s longtime friend and frequent co-investor. The Miller family is originally from Ohio. MILFAM has been operated from Florida since inception and is based in Stuart, just north of Palm Beach. MILFAM’s investment mandate is for long-term capital appreciation to benefit multiple current and future generations of the Miller family. MILFAM’s investment activities are supported by institutional-grade middle and back-office systems and processes, comparable to those of a large multi-asset class fund manager. Beyond the investment operation, MILFAM leverages its infrastructure and relationships to support family members with respect to financial and legal matters separate from the family office and major lifestyle assets.