Director, Head of Waterfall Solutions (Private Markets)

About the role

We are seeking a highly driven, tech-forward leader to take full ownership of our Waterfall and Fee Calculation function. This is a build, scale, and transform mandate — not a maintenance role. You will lead from the front, reimagining how waterfall, incentive, fees and performance are calculated, controlled, and delivered across a modern private markets platform.

Responsibilities

• Own & Lead the Function: Take full end-to-end ownership of waterfall, incentive, fee and performance calculations, establishing standards, accountability, and a high-performance team culture
• Build & Deliver at Scale: Design and implement production-grade solutions that replace manual processes and support growth across complex fund structures
• Technology & Data Integration: Partner with engineering and products to translate LPAs, waterfalls, and performance logic into automated systems, data models, and calculation engines
• Ensure Accuracy & Integrity: Oversee all calculations outputs to ensure they are consistent, auditable, and supported by strong validation and control frameworks
• Drive Process & Control Excellence: Implement repeatable, institutional-grade processes with robust controls, minimizing operational risk and key-person dependencies
• Lead Client & Stakeholder Engagement: Act as the senior escalation point, confidently addressing complex issues while influencing cross-functional stakeholders and building client trust
• Build a High-Impact Team: Recruit, develop, and lead a team that operates with urgency, ownership, and a relentless focus on execution and measurable outcomes
• Measure & Improve Performance: Define and track KPIs (automation rates, error reduction, cycle time, scalability) to continuously improve efficiency and deliver results at scale

Requirements

• 10+ years in private markets fund administration or asset management with deep expertise in fees, waterfalls, and performance
• Proven track record of delivering scalable, production-grade solutions (systems, engines, or platform transformations) with measurable impact
• Strong systems/data mindset — able to translate complex financial logic (LPAs, allocations, performance) into automated, repeatable architectures
• Experience partnering with engineering and product to build and deploy tech-enabled solutions
• Demonstrated leadership building high-performing teams in fast-paced, high-accountability environments
• High attention to detail with a bias for action, ownership, and execution

Qualifications

• CPA/CFA preferred
• Technical fluency (data architecture, SQL, automation) a plus

Skills

• Deep expertise in private markets fund administration or asset management
• Track record of delivering scalable, production-grade solutions
• Systems/data mindset
• Ability to translate complex financial logic into automated, repeatable architectures
• Experience partnering with engineering and product
• Leadership in high-performing teams
• Attention to detail and bias for action

Benefits

• Medical, dental, and vision coverage
• 401(k) plan with company match
• Paid time off, holidays, and parental leave
• Professional development reimbursement opportunity

Pay

TBD

Schedule

TBD