Overview
As a member of the Middle Office function, the candidate will support the European-based Investment Professionals from an operational perspective. This includes assistance in preparing the investment initiation process, coordinating the investment process with all relevant stakeholders, overseeing and controlling these investments over their life cycle and providing regular investment status updates to Investment Professionals and Senior Management. The candidate will also assist Investment Professionals with operational execution when exiting investments.
The candidate will support the firm’s entire investment book managed out of London from a reporting and control perspective, managing daily / monthly life cycle processes and reporting requirements from Operating Partners. The candidate will also manage Operating Partners through our internal risk and control framework, including upfront and ongoing due diligence.
Major Responsibilities
*Support all European strategies with deal reviews, investment approvals, deal closings, deal maintenance and deal exit (with a specific focus on Private Debt transactions in Spain).
*Manage and coordinate internal and external parties to progress deals from the LOI / Term Sheet stage through entity formation, structuring and ultimate deal closing.
*Execute and coordinate trade support processes related to securities, derivatives, loans, in collaboration with the Treasury team and the counter-part Middle Office team in the US.
*Manage investment reporting processes and investment information in applicable systems.
*Ensure implementation of processes and procedures to support substance requirements in relevant jurisdictions including, but not limited to, statutory books and recordkeeping, offshore directors and supporting governance requirements, etc.
*Review legal documents and coordinate with internal and external counsel in negotiation of governance documents; manage the time-sensitive document flow from draft to execution.
*Manage the Financial Control function for European investments; collaborate with US colleagues to implement and execute a standard financial control framework.
*Actively cultivate internal and external relationships and collaborate with various teams across the organization to streamline and improve processes: manage and oversee Operating Partners; coordinate with and support Legal, Accounting, Tax, and third-party service providers in managing effective fund and joint venture structures.
*Develop ongoing detailed understanding of varying asset classes and operating companies to provide expertise and exemplary service specific to the deals under your responsibility.
*Support quarterly valuation process; monitor and troubleshoot data inconsistencies and independently verify the assumption set; Assist with fund audit and tax preparation deliverables in conjunction with Fund Accounting
*Proactively participate in global or regional projects; manage projects deliverables, identify potential risks, and devise contingency plans.
*Coordinate information flow for investment opportunities between the Middle Office, Treasury, Legal, Tax, Fund & Investment Accounting, including supporting data integrity, reconciliation, and system maintenance.
Qualifications
*A degree in Accounting, Finance, Business, Management or equivalent is preferred.
*Experience in Private Equity, Banking, Fund Management, Accountancy, or Operational controls.
*Professional qualifications are advantageous.
*Additional European languages, in particular Spanish are highly desirable.
*Strong operational process knowledge and control mind-set.
*Expertise in the operational support of loans, securitizations or other debt / credit linked instruments, and / or Real Estate
*The ability to understand complex financial products across a broad spectrum of investment types and underlying industries.
*Good understanding of accounting principles, control environment and general transaction mechanics.
*Ability to understand and review legal documentation, governance documents and asset related purchase documents.
*Good Excel skills; and a general ability to quickly understand and use new systems and applications.
*Ability to communicate effectively across all areas and levels of the organization as well as with vendors and advisors.
*Willing and able to work hard and smart in a fast-paced environment and manage multiple deadlines / stakeholders.
*Tenacious self-starter, with strong execution and follow through.