About the Opportunity
Our client is a private investment firm in Dallas that is seeking an Operations Associate to be a part of their Global Operations Team. This individual will be involved in several facets of operations, including private investment execution, counterparty management, pipeline and other cash management functions, and reporting and investment performance/analysis deliverables. The Operations Team supports the fund’s investing activities across the globe for our private credit/equity, hybrid, and liquid credit funds, business development companies, and separately managed accounts. As a member of this team, you will have the opportunity to be an integral part of a growing team in a fast-spaced, entrepreneurial work environment.
The annual base salary range is $125,000 to $165,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.
Job Responsibilities
- Work on a team that focuses on deal execution for our U.S. private investing activities
- Work on our deal execution efforts, including:
- Pipeline management
- Transaction settlement
- Transaction and position booking and monitoring
- Exits and restructurings
- Risk reporting
- Commodity, foreign exchange, interest rate swaps, and other derivative hedging activities
- Bank account management
- Coordination with counterparties and external partners
- Partner with investing professionals, outside and internal counsel, tax, compliance, and other Firm professionals ensuring good cross-functional communication and coordination throughout the investing process
- Ensure appropriate cash and/or credit are available for new investments
- Ensure investment cash and settlement controls and protocols are adhered to
- Implement and oversee internal controls at our joint ventures and servicing partners
- Perform the timely and accurate setup of new investments to the order management, accounting, and reporting systems
- Identify and implement operational efficiencies, including technologies relevant to deal execution
- Work with external service providers to ensure tax structuring and compliance requirements are met
- Provide support to investor relations, including quarterly investor updates
- Assist with the development and production of daily and monthly reporting that is distributed to all levels of the Firm
- Participate in a wide variety of special projects, both operational and financial
Job Requirements
- Candidates should possess a minimum of 8-10 years of experience
- Experience should include middle and/or back-office operations at a buy-side organization that invests in private, highly structured transactions – those seen at a private equity or private credit alternative asset management firm or investment bank
- Experience with Advent Geneva and Eze Castle is a plus
- Experience negotiating ISDA terms and agreements
