Managing Director – Product Solutions

The Catalyst Group•Chicago, IL

3d•Onsite

About The Position

Catalyst Fund Administration, LLC is seeking a Managing Director – Product Solutions to set short, medium, and long-term visions and strategies for the company’s product suite concerning portfolio, accounting, financial reporting and investor services solutions for hedge and private equity funds. This role involves monitoring and adapting to industry, regulatory, jurisdictional and other trends that could affect the technology suite and product roadmap. The Managing Director will manage an experienced team responsible for the ownership and support of portfolio, general ledger, investor services, reporting and data management and valuation systems. The position requires developing and applying mathematical and statistical methods to address portfolio, risk management, securities trading and financial market valuation and regulation. Collaboration with the CTO, CEO, sales and marketing is key for scoping, testing and developing the ERP CRM system and its integration with data from downstream systems. The role also includes developing and maintaining OTC swap and derivative financial and data models, waterfall distribution allocation and IRR, MOIC models for private equity funds. Responsibilities also encompass procuring, installing, configuring, and performing upgrade migrations for portfolio accounting general ledger system, middleware, data management, data vendors and warehouse systems. Researching vendors for strategic product selection, negotiating vendor contracts, managing vendor product upgrade projects, and setting and managing product and system vendor budgets are also part of the role. Additionally, the Managing Director will develop and maintain financial statement reporting and audit support products, track and maintain metrics for financial system operations, and collaborate with operational staff to ensure understanding and support of all products and services. Analyzing revenue sources to protect existing revenue and enhance client share of wallet, and developing and maintaining fund onboarding for all portfolio and investor services systems for launching and transferring funds are also key duties. Telecommuting is permitted.

Requirements

Bachelor’s degree in Accounting, Finance, or closely related field
Four years of experience in the job offered
Any suitable combination of foreign education, experience or training are acceptable

Responsibilities

Set short, medium, and long-term visions and strategies for the company’s product suite concerning portfolio, accounting, financial reporting and investor services solutions for hedge and private equity funds.
Monitor and adapt to industry, regulatory, jurisdictional and other trends which could affect the technology suite and product roadmap.
Manage an experienced team responsible for the ownership and support of portfolio, general ledger, investor services, reporting and data management and valuation systems.
Develop and apply mathematical and statistical methods to address portfolio, risk management, securities trading and financial market valuation and regulation.
Collaborate with the CTO, CEO, sales and marketing to scope, test and develop ERP CRM system and the integration with data from downstream portfolio, accounting and investor services systems.
Develop and maintain OTC swap and derivative financial and data models for hedge, and waterfall distribution allocation and IRR, MOIC models for private equity funds.
Procure, install and configure, and perform upgrade migrations for portfolio accounting general ledger system, middleware, data management, data vendors and warehouse systems.
Research vendors to strategically select the best or most suitable product for purpose.
Negotiate new and existing vendor contracts, and manage vendor product upgrade projects.
Set and manage product and system vendor budgets.
Develop and maintain financial statement reporting and audit support product.
Track and maintain metrics for financial system operations.
Collaborate with operational staff to ensure they have an understanding, can perform and are supported with all products and services.
Analyze revenue sources to protect existing revenue and seek opportunities to enhance client share of wallet.
Develop and maintain fund onboarding for all portfolio, and investor services systems for funds that are launching and transferring in from other service providers.