LP Analyst

About the Role

As an LP Analyst, you will ensure the accuracy of investor records for private funds, supporting daily, monthly, and quarterly checks of limited partner (LP) activity, including capital calls, distributions, and capital account statements. You will collaborate closely with the Reconciliation team and receive guidance from mentors.

Key Responsibilities

• Compare LP capital account data from fund administrators and general partners against internal records, and flag differences.
• Support daily and monthly reconciliation of capital calls, distributions, and capital account balances.
• Investigate differences in the reconciliation system, seeking assistance from mentors and experts.
• Verify LP data against third-party and fund administrator sources.
• Track and report on the timely delivery of daily and monthly reconciliations.
• Cultivate working relationships with data providers, fund administrators, and internal teams.
• Communicate clear questions and timely status updates to internal and external contacts.
• Learn internal tools and processes for LP and fund reconciliation.

What You Will Learn

• The workings of private equity, venture, and other limited partnership funds, and their data reconciliation processes.
• Methods for resolving LP and fund discrepancies using Clearwater’s resources and team expertise.
• The application of Clearwater’s mission (aggregate, reconcile, report) to LP and fund data.
• Familiarization with Clearwater’s reconciliation tools and reports, from routine tasks to more complex operations.
• Completion of new hire certifications and intermediate-level training.

How You Will Grow

• Year one is dedicated to learning, with mentors and clear processes in place.
• You will independently handle simple and medium-difficulty questions, receiving assistance for more challenging ones.
• Learn from mistakes and avoid repetition.
• Manage your work in alignment with team productivity and quality goals.
• Primarily interact with fund administrators and data providers.

Requirements & Tech Stack

• Microsoft Excel ( lookups, pivot tables, and filters are a plus)

Qualifications

• A bachelor’s degree (or imminent graduation) in accounting, finance, or a related field.
• Strong written and verbal communication skills.
• Strong organization and teamwork skills.
• Solid math and problem-solving skills, with attention to detail.
• Strong computer skills.
• Basic accounting or finance coursework.
• Knowledge of capital calls, distributions, or private equity is a plus but not required.
• Curiosity, resilience, and a willingness to ask for help and learn from feedback.
• Interest in building a long-term career at Clearwater.