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Position: Business Management - VP
Job Number: MS04120
Location: NY - New York City
Date Posted: 2018-02-22
Salary Range: $126-150k Over $150k
Job Summary:

Leading Asset Manager seeking an Alternative Oversight Business Manager to join the team!

Company Information:

Name: Leading Asset Management Firm

Job Description:

•Partner with senior management and technology groups to develop a strategic solution to automate complex waterfalls

•Build out complex waterfall models including preferred returns, recycling capital, clawbacks, and realized and unrealized waterfalls

•Lead the continuous assessment of the oversight model to ensure waterfalls follow legal documents

•Understand the various Alternatives strategies within the firm and the challenges faced by each team

•Learn and understand the needs of the business

•Build and maintain a strong knowledge of Aladdin infrastructure and the future roadmap

•Understand the alternatives industry and how changes to that industry will impact the business

•Interpret complex fee agreements and other legal documentation to ensure timely and accurate fee calculations

•Ensure new funds are onboarded within the best in class control framework

•Participate in new business discussions with prospective and existing clients around fee structures

•Ensure strict adherence with product policies and guidelines to ensure all legal, compliance, and audit standards are met

•Drive the technology requirements for new and existing fee enhancements, including appropriate test planning and rollout of process

•Create, maintain, and/or review fee models, in keeping with the applicable fund terms

•Effectively communicate complex concepts and procedures to all levels throughout the firm

Requirements / Qualifications:

· 7-10 years of work experience in financial services, 5+ years of experience in alternatives is required

· Deep waterfall expertise with closed end funds

· Understanding of Private equity funds and fund of funds

· Outstanding academic achievement, broad based work experience, and demonstrated leadership experience

·  Management reporting and investment partnership accounting experience are required

· The ability to read, understand, and follow complex partnership agreements and offering materials

·  Complex modeling ability with experience in financial systems design

· Strong project management and time management skills

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