Director, Head of Waterfall Solutions (Private Markets)
About The Position
We are seeking a highly driven, tech-forward leader to take full ownership of our Waterfall and Fee Calculation function. This is a build, scale, and transform mandate — not a maintenance role. You will lead from the front, reimagining how waterfall, incentive, fees and performance are calculated, controlled, and delivered across a modern private markets platform. The ideal candidate combines deep domain expertise with a product and automation mindset, and brings a proven track record of delivering scalable, production-grade solutions — not just ideas or incremental improvements. If you’ve led the implementation of systems or processes that materially changed how an organization operates at scale, this role is designed for you.
Requirements
- 10+ years in private markets fund administration or asset management with deep expertise in fees, waterfalls, and performance
- Proven track record of delivering scalable, production-grade solutions (systems, engines, or platform transformations) with measurable impact
- Strong systems/data mindset — able to translate complex financial logic (LPAs, allocations, performance) into automated, repeatable architectures
- Experience partnering with engineering and product to build and deploy tech-enabled solutions
- Demonstrated leadership building high-performing teams in fast-paced, high-accountability environments
- High attention to detail with a bias for action, ownership, and execution
Nice To Haves
- CPA/CFA preferred
- technical fluency (data architecture, SQL, automation) a plus
Responsibilities
- Own & Lead the Function: Take full end-to-end ownership of waterfall, incentive, fee and performance calculations, establishing standards, accountability, and a high-performance team culture
- Build & Deliver at Scale: Design and implement production-grade solutions that replace manual processes and support growth across complex fund structures
- Technology & Data Integration: Partner with engineering and products to translate LPAs, waterfalls, and performance logic into automated systems, data models, and calculation engines
- Ensure Accuracy & Integrity: Oversee all calculations outputs to ensure they are consistent, auditable, and supported by strong validation and control frameworks
- Drive Process & Control Excellence: Implement repeatable, institutional-grade processes with robust controls, minimizing operational risk and key-person dependencies
- Lead Client & Stakeholder Engagement: Act as the senior escalation point, confidently addressing complex issues while influencing cross-functional stakeholders and building client trust
- Build a High-Impact Team: Recruit, develop, and lead a team that operates with urgency, ownership, and a relentless focus on execution and measurable outcomes
- Measure & Improve Performance: Define and track KPIs (automation rates, error reduction, cycle time, scalability) to continuously improve efficiency and deliver results at scale
Benefits
- medical, dental, and vision coverage
- a 401(k) plan with company match
- paid time off, holidays, and parental leave
- professional development reimbursement opportunity
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What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
No Education Listed
