Operations Associate

Sixth Street

United States

On-site

USD 90,000 - 150,000

Full time

14 days+

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Job summary

Sixth Street in Dallas is seeking an Operations Associate to join the Global Operations Team. You will support private investment execution, cash management, and reporting across our funds and managed accounts.

You will work with investing professionals, counsel, tax and compliance, coordinating cross-functionally to ensure timely settlements, risk reporting, and efficient processes in a fast-growing environment.

Qualifications

  • 6–10 years of back-office operations experience at buy-side or investment firm.
  • Experience with private investments and cash management.
  • Strong communication and multitasking abilities.

Responsibilities

  • Assist deal execution for U.S. private investing activities.
  • Manage pipeline, settlements, and booking/monitoring of transactions and positions.
  • Support exits, restructurings, and risk reporting.
  • Coordinate with counterparties, counsel, tax, and compliance.
  • Produce daily and monthly reporting and assist investor updates.

Skills

Excel
Communication
Presentation

Tools

Advent Geneva
Eze Castle

Job description

The Role

This is a full-time role based in Dallas. As an Operations Associate, you will be a part of the Sixth Street Global Operations Team and be involved in several facets of operations, including private investment execution, counterparty management, pipeline and other cash management functions, and reporting and investment performance/analysis deliverables. The Operations Team supports Sixth Street’s investing activities across the globe for our private credit/equity, hybrid, and liquid credit funds, business development companies, and separately managed accounts. As a member of this team, you will have the opportunity to be an integral part of a growing team in a fast-spaced, entrepreneurial work environment.

Core Responsibilities

  • Work on a team that focuses on deal execution for our U.S. private investing activities

  • Work on our deal execution efforts, including:

  • Pipeline management

  • Transaction settlement

  • Transaction and position booking and monitoring

  • Exits and restructurings

  • Risk reporting

  • Commodity, foreign exchange, interest rate swaps, and other derivative hedging activities

  • Bank account management

  • Coordination with counterparties and external partners

  • Partner with investing professionals, outside and internal counsel, tax, compliance, and other Sixth Street CORE professionals ensuring good cross-functional communication and coordination throughout the investing process

  • Ensure appropriate cash and/or credit are available for new investments

  • Ensure investment cash and settlement controls and protocols are adhered to

  • Implement and oversee internal controls at our joint ventures and servicing partners

  • Perform the timely and accurate setup of new investments to the order management, accounting, and reporting systems

  • Identify and implement operational efficiencies, including technologies relevant to deal execution

  • Work with external service providers to ensure tax structuring and compliance requirements are met

  • Provide support to investor relations, including quarterly investor updates

  • Assist with the development and production of daily and monthly reporting that is distributed to all levels of Sixth Street

  • Participate in a wide variety of special projects, both operational and financial

What We Value

  • Highly motivated, entrepreneurial, and team-oriented candidates with strong communication, presentation, and Excel skills
  • Commercial and Results Orientation
  • High Trust and Integrity
  • Strong combination of organizational and interpersonal/communication skills

Preferred

  • Candidates should possess a minimum of 6-10 years of experience. Experience should include middle and/or back-office operations at a buy-side organization that invests in private, highly structured transactions — those seen at a private equity or private credit alternative asset management firm or investment bank
  • Experience with Advent Geneva and Eze Castle is a plus
  • Experience negotiating ISDA terms and agreements
  • Self-starter who requires little direction
  • Ability to multi-task and maintain composure in a high-volume environment
  • Strong sense of urgency; ability to execute quickly and efficiently with strong attention to detail
  • Strong verbal and written communication abilities
  • Structured problem solver who can synthesize sophisticated information from a variety of sources into implementable recommendations and solutions
  • Ability to collaborate effectively across multiple teams.
  • Strong prioritization and project management skills.
  • Comfort working in a high growth, iterative environment

About Sixth Street

Founded in 2009, Sixth Street is a leading global investment firm dedicated to developing themes and offering solutions to companies across all stages of growth.

Our firm is designed for cross-platform collaboration at scale: we build businesses, invest for growth, acquire assets, provide direct financing, identify value in public markets, purchase royalty streams, and regularly develop first-of-their-kind structures to meet the strategic objectives of management teams.

We do all this globally and as one unified team of investment and control-side professionals working on behalf of our institutional investors and their beneficiaries around the world.

We believe adhering to our core values is a competitive advantage. Everyone on our team contributes their perspectives and expertise to help us solve complex challenges and get to the right answer. At Sixth Street, the best idea wins.

For more information, visit the Sixth Street Careers site or follow us on LinkedIn.

Sixth Street is proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran or military status, disability, genetic predisposition, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws.

Pursuant to the San Francisco Fair Chance Ordinance, Sixth Street will consider for employment qualified applicants with arrest and conviction records.

If you need a reasonable accommodation to fill out this application, please contact Cindy Bombara (cbombara@sixthstreet.com).

Please refer to the privacy notice on our website for additional information regarding our obligations under the California Consumer Privacy Act (“CCPA”).

If you are not eligible for this role, please refer to our Careers Page for other opportunities.

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