Assistant Vice President, Deal Operations

Job DetailExperience Level Sr ManagerDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000020074Salary Type AnnuallyIndustry Asset Management;Private EquitySelling Points Lead impactful deal operations in a dynamic investment management environment. Drive process improvement and cross-functional initiatives with a collaborative team. Enhance workflows while managing complex investment accounting tasks.Job DescriptionAssistant Vice President, Deal Operations OverviewThe Assistant Vice President, Deal Operations oversees private deal investment accounting and operational activities within a dynamic investment management environment.Collaborate with stakeholders to ensure accurate recording of deal activities and investment lifecycle events in accounting systems.Facilitate deal fundings, cash positioning, and hedging to support investment operations effectively.Contribute to cross-functional initiatives, enhancing workflows and operational efficiency across teams.Develop and manage team resources, fostering professional growth and process improvement.Monitor and forecast cash balances, ensuring availability for transactions and preventing overdrafts.Establish KPIs and SLAs to measure and improve processes, ensuring high success rates.Identify and mitigate process risks, implementing effective solutions for operational challenges.Contribute to a collaborative and inclusive work environment, emphasizing professional development and community engagement.Assistant Vice President, Deal Operations Key Responsibilities & DutiesTranslate deal documents into accurate accounting records, ensuring compliance with accounting requirements.Record investment proceeds, including principal, interest, paydowns, and sales, in accounting systems.Process deal lifecycle events such as credit events, reorganizations, amendments, and exits accurately.Manage cash movements through complex legal entity structures, ensuring proper booking.Coordinate funding and closing of private deal transactions within tight timelines.Stage FX orders for cash raising and currency risk hedging.Forecast cash balances and monitor accounts to prevent overdrafts.Participate in cross-functional initiatives to enhance private deal workflows.Develop and manage team resources, establishing KPIs and SLAs for process improvement.Assistant Vice President, Deal Operations Job RequirementsBachelor of Science (BS) degree in a relevant field is required.Minimum of 8 years of experience, with 10 years preferred, in investment operations or accounting.Strong expertise in private deal investment accounting and operational workflows.Proficiency in managing cash movements and forecasting balances across complex structures.Ability to establish KPIs and SLAs, driving continuous process improvement.Experience in cross-functional initiatives and stakeholder collaboration.Strong analytical and problem-solving skills to address operational challenges.Excellent communication skills for effective collaboration and procedure documentation.Commitment to fostering a collaborative and inclusive work environment.