Private Equity / Hedge Funds - Vice President (Princeton, NJ)

• We are looking for a candidate to work as part of a global team that will be able to make an immediate contribution to various projects with a specific focus on Performance and Management fees and complex waterfalls.  This includes effectively understanding the business and specific issues that need to be addressed, developing a strategy, tracking key milestones, leveraging firm resources and skills to execute on plans, and efficiently deploying the solution across the Alternatives Operations team.  Specific responsibilities include:
• Carried Interest and/or Incentive Fee Expertise
• Understand incentive fee calculations for hedge funds and carried interest waterfall calculations for closed end funds
• Review existing unrealized and realized waterfall models which include preferred return, recycling capital, carried interest and clawback
• Partner with internal teams and third-party administrators to build and/or review fee calculations for funds recently launched funds
• Interpret complex fee agreements and other legal documentation such as LPAs to ensure timely and accurate fee calculations
• Participate in new business discussions with Product and prospective and existing clients related to fee structures
• Project Management and Oversight
• Lead the continuous assessment of the oversight model to ensure fee calculations follow the governing legal documents
• Lead the continuous assessment to ensure that the Alternatives Operations team operates within the best in class control environment
• Understand the various Alternatives strategies within client's Alternative Investments (BAI) and the challenges faced by each team
• Understand the alternatives industry and how changes to that industry will impact BAI
• Ensure new funds are onboarded within the best in class control framework
• Ensure strict adherence with product policies and guidelines to ensure all legal, compliance, and audit standards are met
• Effectively communicate complex concepts and procedures to all levels throughout the firm
• Technology and Future State
• Partner with internal teams to build and troubleshoot management and performance fee calculations in eFront
• Drive the technology requirements for new and existing fee enhancements, including appropriate test planning and rollout of process
• Build and maintain a strong knowledge of Aladdin infrastructure and the future roadmap
• Occasional travel between the East Coast offices including Princeton, Wilmington, and New York

• Minimum Qualifications
• 7-10 years of work experience in financial services, 5+ years alternative investments preferred
• Understanding of Hedge Funds and/or Private Equity and fund of funds waterfall structures
• Complex modeling ability with experience in carried interest and management fee calculations
• The ability to read, understand, and follow complex partnership agreements and offering materials
• Strong project management and time management skills
• The ability to prioritize, multi-task, and work independently
• Excellent communication, presentation skills, and comfort in senior management communication
• Outstanding academic achievement, broad based work experience, and demonstrated leadership experience
• Creativity with an analytical mind and openness to using technology to solve problems
• Entrepreneurial spirit that is willing to take on additional responsibility quickly

• Proficiency with eFront
• Management reporting and/or investment partnership accounting experience
• Proficiency with a coding language such as VBA, SQL, or Python.
• Experience guiding junior staff

• An opportunity to be a part of a great culture, an awesome team, a challenging work environment,  and some fun along the way!
• Apply today to learn more and be part of our Growth story.

Department: Scout
This is a full time position