Vice President, Global Credit Finance - ABF

Vice President, Global Credit Finance - ABF

Location:

New York/340

Line of Business:

Finance

Job Function:

Investor Services

Date:

This role will oversee the finance, accounting and operations of the asset backed finance funds. ABF products exist in SMA, commingled fund and open ended fund format. In addition, this individual will manage and support a broad range of efforts including investor and firm reporting, deal execution and tax structuring, new product launches, system implementations and other firm initiatives.

This leadership role will involve strategic oversight of the finance team and partnership with business leads to ensure alignment with broader firm objectives and in near term prioritize the launch of our new open ended ABF product.

Fund Management / Operations

• Coordinate with investment team, legal/tax counsel, and middle office operations team to plan and execute fund and deal closings including legal entity structuring
• Assist with the formation process for all new entities and prepare documentation needed for internal Legal Entity approval, coordinate establishment of tax documentation (W8, W9) for all entities
• Coordinate with Investor Relations on the closing of newly admitted LPs and assist in diligence requests
• Monitor legal compliance with various fund agreements and side letter arrangements
• Direct fund capital activity including capital call calculations, distribution calculations and the carry waterfall analysis, management fee and other allocations or reallocations prepared by the TPA
• Oversee the borrowing/repayments request and compliance reporting across multiple credit facilities
• Review of funds, portfolio, and investor level performance metrics
• Review of revenue projection models and budgeting and re-forecasting files
• Coordinate with Investor relation and the Business on new product launches
• Broadly support the team in building more efficient processes across functions and sufficiently documenting said procedures and policies.

• Review quarterly fund closes based on data received from the TPA, which includes review of related support for all balance sheet and income statement accounts
• Review of accrued and realized carry calculations from the TPA
• Review of capital allocations and capital statements prepared by TPA
• Review of financial statements and related footnotes
• Coordinate interim and year-end audit requests and address questions from external auditors including coordination for SOX and SOC1 testing
• Coordinate preparation of quarterly investor updates
• Interact with investors on a periodic basis and respond to ad hoc request

• Coordinate corporate deliverables and disclosures for firm’s public company reporting
• Review monthly management fee, expense accruals, and quarterly budget analysis as it relates to respective funds
• Manage the monthly working capital review and quarterly billing of expense reimbursements and management fees with Corporate Accounting

• Coordinate with in-house and external tax teams on annual review of tax workbooks detailing book to tax difference

Education & Certificates

• Concentration in Accounting and/or Finance, strongly preferred

• Minimum of 12+ years’ relevant overall experience, required
• Experience either in private credit or equity or public accounting with supervisory experience, strongly preferred
• Experience managing open-ended evergreen structures, including subscriptions/redemptions, managing periodic liquidity events, and implementing regulatory and investor reporting best practices for funds with dynamic capital bases strongly preferred
• Familiarity with accounting, valuation and compliance frameworks applicable to open-ended, private credit funds in the context of non-traditional credit assets a plus
• Strategic thinking with a proactive approach to business challenges
• Strong analytic skills with detail-oriented mindset, with proven track record of operationalizing products
• Ability to navigate high-pressure situations and make decisions swiftly
• Demonstrated ability to lead and inspire a diverse team.…