Alternative Fund Services - Waterfall Automation

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As the Vice President within the Waterfall & Fee Analytics team, you will be responsible for managing a team of skilled waterfall developers and overseeing the implementation and execution of waterfall solutions for AFS clients. You should possess strong communication skills and will be required to engage with clients, vendors, and internal teams to build out waterfall models for new onboardings, maintain existing waterfall models, scope out requirements, and participate in the development of the waterfall function and platform. As part of the wider Product Development function, there will be opportunities to contribute to the development and optimization of the broader AFS technology platform.

Job responsibilities:

• Manage a team of waterfall developers locally in our Bangalore office, and support model build outs.
• Implement bespoke waterfall solutions for our AFS Clients, working closely with client services and fund accounting teams.
• Liaise with third party technology providers to ensure continued robust support and governance framework.
• Onboard new Alternative funds onto Cascade (waterfall system) and maintain existing models.
• Analyse LPAs and Side-Letters to derive calculation methodology of distributions and carried interests, and select the most appropriate model.
• Contribute to the improvement of the strategic waterfall platform, focusing on efficiency, processes, and controls, with quality control procedures to ensure solutions are defect free.
• Collaborate with the data teams to ensure data hygiene in Investran for funds to be compatible with respective waterfall solutions.
• Work with fund accounting teams during fund on-boarding to devise accounting strategies compatible with respective waterfall solutions.
• Provide continued post on-boarding support to ensure smooth functioning of waterfall solutions.
• Work with the reporting team to devise appropriate reporting solutions.
• Participate in development of the broader AFS technology platform.

• Strong Leadership, communication, and presentation skills, with the ability to interact at all levels (both internal and client)
• Self-starter with a proven track record in Alternative fund administration
• Deep techno-functional expertise of FIS Investran and Deloitte Cascade.
• Experience in supporting Alternative fund administration.
• Expert knowledge of PE/AFS waterfall calculations, including the ability to analyze LPAs.
• Strong organisational skills to clearly gather and document requirements with fund accountant and client services.
• Competency to convert the requirements into appropriate technical solutions.
• Proven financial and analytical skillset.
• Robust organizational and planning skills, with the ability to manage many tasks at once in a structured manner
• An ability to work in teams distributed across the globe and travel to onshore offices

• Crystal, SSRS, Tableau, SQL and/or VBA skills would be an advantage.