Operating Executive Program

Prospect Capital; United States; Remote; USD 250,000 - 500,000; Full time

Job summary

Prospect Capital is seeking an Operating Executive who will collaborate with the investment team to pursue attractive acquisition opportunities across the United States. After a successful transaction, you will assume the role of President & CEO of the acquired company, taking full ownership of strategy and operations.

You will be accountable for overall P&L performance, designing and executing growth initiatives, and leading day-to-day operations.

Qualifications

• 10+ years of senior management experience with proven P&L ownership or C-suite leadership.
• Experience as CEO, President, or General Manager.
• Ability to lead strategy, operations, finance, and team development.
• Track record of driving profitability and cash flow growth with EBITDA focus.
• Entrepreneurial mindset with fiduciary responsibility to stakeholders.
• History of revenue growth through business development.
• Strong references and integrity.

Responsibilities

• Act as Operating Executive, collaborating with the investment team to identify opportunities across the U.S.
• Lead the acquired company’s strategy and operations after successful transactions.
• Own overall P&L performance, design and execute growth initiatives, and oversee day-to-day operations.
• Partner with Prospect and the board of directors to shape long-term direction and value creation.

Skills

Senior management

P&L ownership

Strategy & operations leadership

Profitability & cash flow growth

Entrepreneurial mindset

Revenue growth

Job description

Prospect Capital

Founded in 1988, Prospect Capital is an alternative asset management firm with $9.4B+ of assets under management, including permanent capital. Prospect pursues multiple strategies in the US, including direct lending, private equity, real estate private equity and structured credit. Prospect has a long-term, value-oriented approach that employs fundamental bottoms-up research to identify investments that offer attractive risk and reward.

Operating Executive Program

As an Operating Executive with Prospect, you will collaborate with our investment team to identify and pursue attractive acquisition opportunities across the U.S. Following a successful transaction, you will step into the role of President & CEO of the acquired company, taking full ownership of strategy and operations.

In this capacity, you will be accountable for overall P&L performance, designing and executing growth initiatives, and leading the company’s day-to-day operations. As the senior-most executive within the business, you will partner closely with Prospect and the company’s board of directors, playing a central role in shaping the company’s long‑term direction and value creation.

Qualifications:

• Minimum of 10 years of senior management experience, with a proven track record of successful P&L ownership and/or service as CEO, President, or General Manager.
• Demonstrated ability to lead all aspects of a business, including strategy, operations, finance, and team development.
• Strong track record of driving profitability and cash flow growth, with an emphasis on EBITDA generation.
• Entrepreneurial mindset with the appetite to assume significant responsibility, balanced by the discipline to manage fiduciary obligations to diverse stakeholders.
• History of proactively building revenue and increasing profitability through business development and growth initiatives.
• Excellent professional references and a reputation for integrity and sound judgment.

Location:

Can be located anywhere in the U.S.