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Cedent Consulting Inc

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

Cedent Consulting Inc, Princeton, New Jersey, us, 08543


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

Title:

Private Equity / Hedge Funds Fee Oversight Vice President @ Princeton / Wilmington, NJTerms of Hire:

Full time

Job description:Role ResponsibilitiesWe 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 ExpertiseUnderstand incentive fee calculations for hedge funds and carried interest waterfall calculations for closed end fundsReview existing unrealized and realized waterfall models which include preferred return, recycling capital, carried interest and clawbackPartner with internal teams and third-party administrators to build and/or review fee calculations for recently launched fundsInterpret complex fee agreements and other legal documentation such as LPAs to ensure timely and accurate fee calculationsParticipate in new business discussions with Product and prospective and existing clients related to fee structuresProject Management and OversightLead the continuous assessment of the oversight model to ensure fee calculations follow the governing legal documentsLead the continuous assessment to ensure that the Alternatives Operations team operates within the best in class control environmentUnderstand the various Alternatives strategies within client's Alternative Investments (BAI) and the challenges faced by each teamUnderstand the alternatives industry and how changes to that industry will impact BAIEnsure new funds are onboarded within the best in class control frameworkEnsure strict adherence with product policies and guidelines to ensure all legal, compliance, and audit standards are metEffectively communicate complex concepts and procedures to all levels throughout the firmTechnology and Future StatePartner with internal teams to build and troubleshoot management and performance fee calculations in eFrontDrive the technology requirements for new and existing fee enhancements, including appropriate test planning and rollout of processBuild and maintain a strong knowledge of Aladdin infrastructure and the future roadmapOccasional travel between the East Coast offices including Princeton, Wilmington, and New YorkExperience

Minimum Qualifications7-10 years of work experience in financial services, 5+ years alternative investments preferredUnderstanding of Hedge Funds and/or Private Equity and fund of funds waterfall structuresComplex modeling ability with experience in carried interest and management fee calculationsThe ability to read, understand, and follow complex partnership agreements and offering materialsStrong project management and time management skillsThe ability to prioritize, multi-task, and work independentlyExcellent communication, presentation skills, and comfort in senior management communicationOutstanding academic achievement, broad based work experience, and demonstrated leadership experienceCreativity with an analytical mind and openness to using technology to solve problemsEntrepreneurial spirit that is willing to take on additional responsibility quicklyPreferred Qualifications

Proficiency with eFrontManagement reporting and/or investment partnership accounting experienceProficiency with a coding language such as VBA, SQL, or Python.Experience guiding junior staffYou Will Enjoy: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.All applications will be kept strictly confidential and once shortlisted, our team will be in touch with you for further discussions.Department: ScoutThis is a full time position

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