Fund Operations Manager

Selby Jennings; Baltimore (MD); On-site; USD 150,000 - 210,000; Full time

Job summary

Selby Jennings in Baltimore seeks a Fund Operations Manager to oversee day-to-day operations of private equity funds and the management company. You will collaborate with fund accounting, finance, investor relations, and external providers to ensure efficient operations and timely investor servicing.

You will manage capital calls, distributions, NAV reporting, fundraising support, and compliance with internal controls.

Qualifications

• 7+ years of fund operations, accounting, or related experience.
• Strong knowledge of private equity fund structures and cash flows.
• Experience coordinating with fund administrators, auditors, banks and counsel.
• Excellent communication and relationship-management skills.
• Advanced Excel and reporting-system experience.

Responsibilities

• Oversee fund operations across multiple private equity vehicles.
• Manage capital calls, distributions, cash management, and liquidity reporting.
• Coordinate NAV reporting, investor allocations, reconciliations, and quarterly deliverables.
• Support fundraising, onboarding, and investor requests with IR and finance.
• Maintain relationships with administrators, auditors, custodians, banks, and counsel.
• Enhance controls, policies, and procedures across the fund platform.
• Assist with new fund launches, system implementations, and strategic initiatives.
• Drive process improvements for scalable growth.

Skills

Operations management

Stakeholder management

Analytical skills

Multi-priority handling

Tools

Excel

Fund accounting systems

Job description

Established private equity firm with a diversified investment platform and a strong institutional investor base. The firm manages capital across multiple private markets strategies and is continuing to invest in its finance and operations infrastructure to support future growth, fund activity, and operational scalability.

Position Overview:

The firm is seeking a Fund Operations Manager to join its Baltimore-area team. This individual will be responsible for overseeing the day-to-day operational functions supporting the firm's private equity funds and management company. The role will partner closely with fund accounting, finance, investor relations, compliance, and external service providers to ensure the efficient execution of fund operations and investor servicing activities.

Key Responsibilities:

• Oversee fund operations across multiple private equity vehicles and related investment structures.
• Manage capital call and distribution processes, cash management activities, and fund liquidity reporting.
• Coordinate with fund administrators on NAV reporting, investor allocations, reconciliations, and quarterly reporting deliverables.
• Partner with investor relations and finance teams to support fundraising activities, investor onboarding, and ongoing investor requests.
• Maintain relationships with fund administrators, auditors, custodians, banks, legal counsel, and other key service providers.
• Monitor and enhance operational controls, policies, and procedures across the fund platform.
• Support portfolio investment activity, including transaction funding, wire approvals, and related operational workflows.
• Drive process improvement initiatives and help implement scalable solutions as the firm continues to grow.
• Assist with ad hoc projects related to new fund launches, system implementations, and strategic initiatives.

Qualifications:

• 7+ years of fund operations, fund accounting, fund finance, or investment operations experience within private equity, private credit, venture capital, real assets, or alternative asset management.
• Strong understanding of private equity fund structures, capital calls, distributions, investor reporting, and fund cash flows.
• Experience working directly with fund administrators, auditors, legal counsel, banks, and other external service providers.
• Familiarity with partnership accounting concepts and private fund operational workflows.
• Strong analytical, organizational, and problem-solving abilities, with exceptional attention to detail.
• Proven ability to manage multiple priorities and deadlines in a fast-paced environment.
• Advanced Excel skills and experience with fund accounting, portfolio monitoring, or investor reporting systems.
• Excellent communication and relationship management skills, with the ability to collaborate across multiple internal and external stakeholders.