SUMMARY

The summer intern will be responsible for performing certain fund accounting functions for partnerships and accounts managed by the Firm.

RESPONSIBILITIES

The summer intern will be involved in the following critical activities:

Maintain the accounting ledgers for fund-of-hedge funds and related investment vehicles
Review monthly investment valuations utilizing practical expedient
Manage, monitor, and provide guidance to outsourced service providers
Reconcile cash balances for current and expected cash flows
Liaison between the Firm and underlying managers/administrators
Weekly and monthly calculation and reporting of fund performance
Effectively work with other teams throughout the firm, including tax, legal, treasury, client services, etc.
Support investment and client relationship personnel on ad-hoc requests
General accounting responsibilities
Assist in special projects as requested

EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS

The ideal experience and critical competencies for the role include the following:

Pursuing a BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets
Knowledge of partnership accounting as well as exposure to financial reporting, auditing, and tax
Demonstrated team player; self-starter; independent thinker; excellent judgment
Positive mind set with an eagerness to learn and desire to build and improve process
Proven ability to work in a fast paced environment with a high level of flexibility, accuracy, and attention to detail
Ability to handle multiple tasks simultaneously
Good written and verbal communication skills
PC experience – advanced knowledge of MS Excel preferred, however, not required
Curiosity about AI and a willingness to use AI-enabled tools, such as Claude and ChatGPT, to improve producitvity, problem-solving, and day-to-day workflows

Interns are not eligible for employee benefits like health insurance, paid time off, or 401(k) plans.

This position is not eligible for employer visa sponsorship now or in the future (including, but not limited to, H-1B, TN, or other employment-based visas). Applicants must be currently authorized to work in the United States without the need for employer sponsorship now or in the future. Applicants requiring future sponsorship for continued work authorization (for example, following F-1 OPT/CPT, or J-1 status) are not eligible.

Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package.

CHICAGO ANNUAL PAY RANGE

$65,000—$70,000 USD

ABOUT THE FIRM

GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $98 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.

The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs.

The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.

EQUAL OPPORTUNITY EMPLOYER M/F/D/V