Manager Private Equity Operations
On-siteCincinnati, Ohio, United States
Job Summary
Manage daily operational aspects of the Private Equity business line, including reporting, fund administration, and operational functions. Review quarterly report production processes, monitor fund cash needs, and implement processes for launching new funds and creating products. Ensure timely processing of capital calls and distributions, oversee reconciliations between Private and underlying funds, and calculate net of fee IRR and public market equivalent performance metrics. Provide primary supervision, training, and career development for direct reports while assisting in internal audits and examinations. Collaborate with the Director and Enterprise areas to ensure smoother information transfer and develop operational launch strategies for new products.
Required Qualifications
- Bachelor's degree
- Bachelor's degree, finance or accounting preferred
- Proven understanding and experience of the financial services industry
- Previous management experience
- Proven experience managing and leading a team of individuals
- Proven experience supervising and mentoring individuals
- Demonstrated experience working independently under little direction from management
- Demonstrated success identifying and resolving issues requiring independent decision-making and self-initiative
- Proven experience coordinating multiple projects/assignments simultaneously
- Completing assigned tasks accurately and on a timely basis
- Proven extensive experience working independently to make decisions and demonstrate initiative
- Experience identifying, defining and resolving problems
- Collecting or interpreting data to establish facts and draw valid conclusions
- Proven experience with innovative and creative problem resolution as it relates to Investment Management operations
- Problem identification and resolution
- Demonstrated excellent verbal and written communication skills
- Ability to work across organizational boundaries
- Effectively build relationships inside and outside of the organization
- Clients
- CFOs of underlying funds and direct investments
- Proven ability to convey information, verbally and in writing, to internal and external customers
- Clear, accurate, focused and concise manner
- Demonstrated ability to document procedures and activities
- Understandable to others
- Prescribed format
- Proper rules of punctuation, grammar, diction and style
- Proven ability to interpret financial statements
- Apply a broad business perspective in summarizing results
- Demonstrated in depth knowledge, understanding and experience interpreting, utilizing and applying GAAP accounting rules and regulations
- Proven overall strong business knowledge in accounting
- Operations
- Customer service
- Systems
- Compliance
- Demonstrated knowledge of investment accounting
- Processing related to traditional securities
- Mutual funds
- Institutional, retail or private equity clients
- Proven advanced knowledge of portfolio and composite performance calculations
- Demonstrated strong attention to detail
- Excellent organizational skills
- Proficient in word processing
- Spreadsheet applications
- Works in an office setting
- Remains in a stationary position for long periods of time
- Working at a desk
- On a computer
- With other standard office equipment
- While in meetings
- Requires the ability to verbally communicate
- Exchange accurate information to customers and associates
- On a regular basis
- Requires visual acuity
- Read and interpret a variety of correspondence
- Procedures
- Reports
- Forms
- Via paper and electronic documents
- Visual inspection involving small defects
- Small parts
- Operation of machinery
- Using measurement devices continuously
- Determine accuracy, neatness, and thoroughness of work assigned
- Requires the ability to prepare written correspondence
- Reports and forms
- Using prescribed formats
- Conforming to rules of punctuation, grammar, diction, and style
- On a regular basis
- Requires the ability to apply principles of logical thinking
- Define problems
- Collect data
- Establish facts
- Draw valid conclusions
- Performs substantial movement of wrists, hands, and fingers
- Continuous computer work
- Extended hours required during peak workloads
- Special projects/events
- None
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