What are the responsibilities and job description for the HR Associate position at Prospect Capital?
The Firm
Founded in 1988, Prospect Capital is an alternative asset management firm with $11.5B of assets under management, including permanent capital. Prospect pursues multiple strategies in the US, including direct lending, private equity, real estate private equity and structured credit. Prospect has a long-term, value-oriented approach that employs fundamental bottoms-up research to identify investments that offer attractive risk and reward.
With offices in New York City, Connecticut, and Florida, the firm is comprised of 100 experienced professionals who value entrepreneurship, intellectual rigor, hard work and continuous improvement.
The Position
We are seeking a highly motivated Human Resources Associate to join the team at Prospect. You will play a key role in supporting a variety of responsibilities across the HR function including new hire onboarding, benefits administration, employee relations, etc. As a member of the HR team, you will be working closely with the executive team, managers, and employees to ensure effective delivery of our HR services and contribute to the growth and success of the organization. This highly visible position requires the ability to thrive in a fast-paced, collaborative environment.
The candidate should be able to fulfill the requirement of being in our NYC office four days a week.
Job Responsibilities
- Manage the onboarding process: coordinate background checks and pre-employment screenings, facilitate new hire paperwork, collaborate with internal IT to ensure equipment and various accounts are setup, schedule first day arrangements, administer and review onboarding surveys, etc.
- Manage the Anti-Harassment Training program, ensuring employee completion and compliance to meet legal requirements.
- Benefit administration support; liaising with providers and employees. Benefits include healthcare, COBRA, FMLA/PFL, Life insurance, Disability, 401K and commuter benefit programs.
- Assist with the coordination and administration of the annual benefits open enrollment process, and participate in benefits renewal planning.
- Support the management of the HRIS (ADP Workforce Now and BambooHR) systems, ensuring data accuracy, system functionality and data security.
- Accurately maintain HRIS (ADP Workforce Now and BambooHR) including the library of employee documents, updating personnel records, training/education tracking.
- Stay updated on industry trends and best practices in HR to continuously improve HR processes and update company policies as needed.
- Coordinate and track in-house HR initiatives including annual employee engagement survey, company-wide mentorship program, and employee compliance training.
- Run reports from HRIS (ADP Workforce Now and BambooHR) and interpret HR data for strategic decision making.
- Assist with other tasks such as managing the team page of the website, facilitating year-end review meetings, etc.
- Respond to and assist employees with any HR related queries as supported by HR Team.
- Perform other HR or administrative assignments as needed.
Desired Skills and Experience
- Bachelor’s Degree and a minimum of 3-5 years of professional experience in HR or business administration, preferably at a financial services firm.
- Prior experience in HR or related roles, demonstrating knowledge of HR practices, policies and procedures.
- Familiarity with BambooHR and ADP Workforce Now preferred.
- Excellent communication skills, both written and verbal, with the ability to effectively communicate with employees at all levels of the organization.
- Ability to maintain strict confidentiality and handle sensitive information with professionalism and discretion.
- Meticulous attention to detail and organizational skills, with the ability to manage multiple priorities and meet deadlines.
- Proactive, self-disciplined work ethic, and demonstrated adaptability in the workplace.
- Ability to problem solve and project manage while working independently with a sense of urgency.
- Intermediate to advanced level of proficiency in all MS Office applications.
- Strong team player with a friendly and positive attitude.
The anticipated annual base salary range for this position is $80,000 - $115,000 plus an annual discretionary performance-based bonus. Actual pay may be adjusted based on experience and performance.
Salary : $12 - $80,000
