The Principal, Fund Operations

Invesco Ltd. • White Plains, NY

12d • $170,000 - $200,000 • Hybrid

About The Position

The Principal, Fund Operations – Private Credit provides financial management and operational oversight for private credit funds, with predominant focus on the launch and ongoing operation of a new, cross-border evergreen fund. The role partners with key stakeholders across the business in both the U.S. and Europe to ensure seamless execution of fund operations, timely issue resolution, and high-quality reporting and support. As a central point of coordination, the role maintains a broad understanding of the product and its operational, financial, investor, and governance requirements. The successful candidate will bring direct lending and distressed credit expertise, strong knowledge of evergreen fund structures, and the judgment to manage complex fund operations and drive effective outcomes.

Requirements

• Bachelor’s degree in accounting, finance, business, or a related field; advanced degree or CPA a plus.
• 10+ years of progressive experience in private credit fund operations, fund finance, fund accounting oversight, or a related role.
• Required knowledge of direct lending and distressed credit investments and the operational requirements of evergreen fund structures.
• Strong understanding of private credit fund structures, investment and investor allocations, capital activity, management and incentive fees, credit facilities, liquidity management, valuation, and third-party administrator operating models.
• Experience launching or operating complex private credit products and managing multiple vehicles, feeders, sleeves, or share classes.
• Registered Investment Company experience is a plus.
• Demonstrated ability to lead cross-functional work, oversee external providers, resolve complex issues, and implement scalable processes and controls.
• Demonstrated ability to apply systems, automation, and artificial intelligence to improve fund operations and reporting.

Nice To Haves

• Advanced degree or CPA a plus.
• Registered Investment Company experience is a plus.

Responsibilities

• Assist with operational readiness and ongoing fund oversight for new, cross-border evergreen fund, including fund structuring, vehicle and share-class setup, administrator implementation, governance, controls, reporting, and lifecycle management.
• Oversee cash forecasting, capital calls, distributions, subscriptions, redemptions, credit facilities, borrowing bases, covenant compliance, and liquidity planning across evergreen and related vehicles.
• Establish and maintain fund models, projections, performance metrics, management and incentive fee calculations, waterfalls, investor allocations, and dashboards to support portfolio and business decisions.
• Ensure adherence to governing documents, side letters, investment guidelines, regulatory requirements, debt agreements, and internal policies; coordinate with legal, tax, compliance, and accounting on complex matters.
• Support investor and management reporting, fund presentations, due diligence requests, regulatory filings, and other client deliverables, with a focus on accuracy, consistency, and timeliness.
• Design and strengthen operating procedures, reconciliations, review controls, data governance, and issue-management processes. Leverage systems, automation, and artificial intelligence to improve efficiency, accuracy, insight, and control while reducing manual effort.
• Serve as a senior point of coordination across Portfolio, Product, Accounting, Legal, Tax, Compliance, Investor Relations, and external advisors. Escalate decisions and risks clearly and promptly.

Benefits

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan

What This Job Offers

• Job Type: Full-time
• Career Level: Principal