Private Equity Operations (Associate)

BlackRock•Dallas, TX

7d•$95,000 - $127,500•Hybrid

About The Position

The FAIR team is seeking an Associate to lead analytical delivery, client engagement, and operational execution across the Americas. This individual will play a key role in scaling FAIR’s private markets capabilities and delivering high-quality insights to clients and internal stakeholders. As an Associate within the FAIR team (Americas), you will lead the delivery and evolution of FAIR’s analytical capabilities across North America, partnering closely with clients, product, and global FAIR teams. You will combine deep expertise in private markets fee structures with operational leadership, client engagement, and process innovation to deliver high-quality insights on management fees, expenses, and carried interest. This role requires a leader who can bridge technical fund analysis with strategic client impact, while scaling FAIR operations across a complex and high-growth regional portfolio.

Requirements

3-5+ years in: Private equity / private markets operations, Fund accounting, audit, or investment analytics OR private markets product / structuring roles
Hands-on expertise with: Limited partnership agreements, capital call and distribution data, and fund financial reporting.
Experience managing client delivery and cross-regional teams
Deep understanding of: Private equity structures, fee arrangements, and carried interest
Financial statements and investor reporting
Strong analytical rigor with high attention to detail.
Advanced Excel/data skills
Ability to translate technical analysis into client-facing insights
Demonstrated leadership of teams in complex, client-facing environments.
Proven ability to drive process transformation, automation, and scalability initiatives.
Strong stakeholder management across: Clients, Product / Engineering, Senior management

Nice To Haves

Professional certifications such as CPA, CFA, CAIA, ACA, or equivalent credentials.
Experience with U.S. private markets ecosystem and investor requirements
Exposure to product strategy, structuring, or platform development initiatives

Responsibilities

Oversee the review and validation of FAIR reports covering management fees, expenses, and carried interest across private equity and alternative investments.
Interpret complex documentation including limited partnership agreements, financial statements, capital account statements, and transaction notices.
Act as a subject matter expert on U.S. private market fund structures, fee models, and carry waterfalls.
Ensure consistent application of FAIR methodologies while identifying enhancements based on market practices and client feedback.
Lead Americas-based delivery teams, ensuring adherence to service-level expectations for accuracy, timeliness, and completeness.
Design and optimize scalable workflows for data extraction, validation, and reporting across diverse fund structures.
Implement governance frameworks, KPIs, and quality controls to enhance operational efficiency and risk management.
Partner with product and engineering teams to drive automation and platform innovation across FAIR processes.
Serve as the primary point of contact for Americas clients, managing senior stakeholder relationships and ensuring high-quality delivery.
Lead client presentations, translating complex fee structures into clear, actionable insights.
Support growth through client expansion opportunities, renewals, and new mandates within the AMRS region.
Maintain strong oversight of client pipelines, deliverables, and deadlines.
Partner with global FAIR and product teams to evolve methodologies, tools, and reporting capabilities.
Bring a market-informed perspective on private markets trends, including fee transparency and investor reporting expectations.
Contribute to broader Private Markets and PDS strategy by aligning FAIR outputs with client needs and platform development.
Lead and develop high-performing teams across the Americas, providing coaching, feedback, and career development.
Manage hiring, capacity planning, and team structure in line with regional growth priorities.
Foster a culture of accountability, collaboration, and continuous improvement.
Drive performance against KPIs and enhance team technical capability.