Bennett Recruiting Services

Our client a successful Private Equity firm in Chicago searching for a Director, Deal Operations, to join their growing team of operations professionals focused on supporting their asset management business.

The position is open due to growth in the organization.

Responsibilities

·        Deal Closings/Ongoing Funding Obligations:

o   Acting as the operations group’s “face” or “quarterback” for the company's on live deal closings, coordinating logistics with external counterparties and internal teams

o   Maintain positive working relationships with external ops teams to ensure communication is open, direct, and honest

o   Oversee, mentor, and manage a team of 3-5 professionals based out of Chicago

o   Supervise daily cash reconciliations, cash rebalancing, and near-term cash projections.

o   Managing relationships with fund administrators, agent banks, custodians, and other 3rd party organizations

·        Business Process Improvements:

o   Help shape and optimize the operations group’s structure

o   Review, modernize, and further institutionalize closing, settlement, and related business processes for the operations team.  Act as a point of contact between the broader operations/accounting/valuation group for a number of ad-hoc projects

Qualifications

·        Bachelor’s degree with a preferred concentration in finance, accounting, or management. MBA or Masters in finance, accounting, or management a plus.

·        10+ years progressive work experience in the field or related work.

·        Excellent analytical skills with strong working knowledge of Excel.

·        Strong attention to detail and highly organized with the proven ability to meet tight deadlines.

·        Must be able to prioritize competing priorities and lead successful projects toward completion in a timely manner.

·        Excellent written and communication skills.

·        Deep understanding of middle market loans and associated settlement mechanics/loan lifecycle, cash/treasury management, and working knowledge of other asset classes—including but not limited to LP investments, CLOs, ABLs, and private equity.

·        Demonstrated experience building or formalizing operations workflows in a rapidly scaling environment.

·        Working knowledge of ClearPar and Geneva is strongly preferred.