HR Associate

Job Description

Job Description

Salary : 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 five 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, website / headshot / bio coordination, office tours, training / LSTA tests / CTA exam coordination, etc.
• Manage the offboarding process : IT equipment returns, terminating system access, administer and review offboarding 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, and PTO tracking / management
• 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.
• Maintain and update organizational charts quarterly; manage employment verifications and respond to audit and data requests; oversee office logistics including attendance reporting, seating assignments, floor plans, reservation systems, and nameplate coordination.
• Assist with other tasks such as managing the team page of the website, facilitating year-end review meetings, maintaining Labor Law posters, 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

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.

In addition to the base salary, the hired professional is eligible for comprehensive benefits, including 100% employer-paid premiums for medical, dental, vision insurance, life insurance, and AD&D. You'll also have access to pretax benefit accounts, including FSA, HSA, and Commuter accounts. Our perks go beyond the basics with a mentorship program, daily in-office paid breakfast and lunch, company-sponsored ski and sailing trips, and regular happy hours. Details of participation in these benefit plans will be provided if an employee receives an offer of employment