Sr. Direct Private Investment Associate

The Sr. Direct Private Investment Associate will be responsible for sourcing, analyzing, and executing investments in private companies and non-listed securities, with a focus on pre-IPO, growth-stage, and secondary market opportunities. The role involves close interaction with private market platforms, issuers, intermediaries, and Ultra-high-net-worth and high-net-worth investors, providing investment advice and transaction support across the full investment lifecycle. This role will establish and lead a new business line providing curated access to growth and late-stage private company equity and secondary market opportunities, with a strong focus on disciplined due diligence, transaction structuring, governance, and regulatory compliance within a U.S.

-based private banking platform.

The role requires deep expertise in secondary private markets, transaction execution, issuer and shareholder dynamics, and pre-IPO risk management, combined with strong commercial skills.

• Design and implement the end-to-end framework for the direct investment opportunities (primary and secondary) , including sourcing and evaluating differente strategies, product structures, execution workflows, governance, and reporting.
• Define the target universe of Direct investments opportunities (e.g., late-stage growth companies, unicorns, dual-track IPO candidates) and eligible transaction types (direct secondaries, structured vehicles, SPVs, feeder structures, funds, bespoke mandates).
• Establish investment guidelines, eligibility criteria, concentration limits, liquidity assumptions, and exit frameworks.
• Develop scalable operating processes covering onboarding, execution, custody, valuation, and lifecycle management of direct investments,
• Source proprietary and platform-based Pre-IPO opportunities through relationships with:
• Secondary market platforms
• Venture capital and growth equity firms
• Investment banks and private placement agents
• Evaluate primary vs. secondary opportunities and negotiate transaction terms, pricing, and allocations.
• Navigate issuer consent requirements, shareholder agreements, transfer restrictions, and information rights.
• Company fundamentals, business model, and competitive positioning
• Financial performance, unit economics, and growth sustainability
• Cap table analysis, dilution scenarios, and preferred vs. common equity dynamics
• Legal and structural review of shareholder agreements, ROFR provisions, lock‑ups, and transfer restrictions
• IPO readiness assessment, exit scenarios, and downside risk analysis
• Oversee valuation methodologies for illiquid private assets and challenge pricing assumptions in secondary transactions.
• Coordinate with Legal, Compliance, Risk, and external advisors to ensure investment robustness and defensibility.

• Structure transactions using appropriate legal and tax‑efficient vehicles (SPVs, funds, notes, or bespoke mandates) aligned with client profiles and jurisdictional considerations.
• Manage execution workflows from term sheet through settlement, including coordination with custodians, administrators, and external counsel.
• Ensure clear documentation of risks, liquidity constraints, valuation uncertainty, and exit timing.
• Establish a robust governance framework consistent with U.S. regulatory requirements and internal private banking standards.
• Partner closely with Risk and Compliance teams to define approval processes and escalation protocols.

• Act as the Bank’s internal specialist on direct investments and private secondary investing.
• Support Private Bankers and Investment Advisors through:
• Training and education on Direct investments
• Development of client‑facing materials, investment memos, and risk disclosures
• Participation in client meetings, investment committees, and bespoke mandate discussions
• Translate complex Direct investments structures and risks into clear, client‑appropriate narratives for UHNW audiences.

• Monitor performance, valuation updates, corporate actions, and liquidity events across the relevant portfolio.
• Provide regular reporting to senior management, including pipeline,…