Principal, Fund Operations

Selby Jennings; Dallas (TX); On-site; USD 180,000 - 260,000; Full time

Job summary

Selby Jennings is seeking a senior operations professional to lead the launch and ongoing oversight of a cross-border evergreen private credit fund in the Dallas area. This role focuses on cash forecasting, liquidity planning, and investor allocations, working alongside Portfolio Management, Legal, Tax, Compliance, and Investor Relations teams.

The ideal candidate has a deep background in private credit fund operations, strong knowledge of fund structures, and a proven ability to drive scalable

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or related field is required.
• 10+ years of experience in private credit fund operations, fund finance, or fund accounting oversight.
• Strong understanding of direct lending and distressed credit investments.
• Experience with evergreen fund structures and their operational requirements.
• Knowledge of fund structures, allocations, capital activity, liquidity management, valuations, and fee calculations.
• Experience launching or managing complex private market investment vehicles.
• Ability to lead cross-functional initiatives and manage external service providers.
• Experience leveraging technology, automation, and AI to improve operational efficiency.

Responsibilities

• Support the launch and ongoing oversight of a cross-border evergreen private credit fund.
• Manage cash forecasting, capital calls, distributions, subscriptions, and liquidity planning.
• Oversee fund models, performance reporting, fee calculations, and investor allocations.
• Ensure compliance with fund governing documents, regulations, and internal policies.
• Support investor reporting, due diligence requests, and management presentations.
• Enhance controls, reporting processes, data governance, and operational workflows. Partner with Portfolio Management, Legal, Tax, Compliance, Accounting, and Investor Relations teams.
• Identify and resolve operational risks while driving scalable process improvements.

Skills

10+ years of private credit fund ops

Direct lending and distressed credit

Evergreen fund structures

Fund structures, allocations, capital,

Complex private market vehicles

Cross-functional leadership

Automation and AI in ops

Education

Bachelor's degree in Accounting / Finance / Business

CPA or advanced degree preferred

Job description

• Bachelor's degree in Accounting, Finance, Business, or related field; CPA or advanced degree preferred.
• 10+ years of experience in private credit fund operations, fund finance, or fund accounting oversight.
• Strong understanding of direct lending and distressed credit investments.
• Experience with evergreen fund structures and their operational requirements.
• Knowledge of fund structures, allocations, capital activity, liquidity management, valuations, and fee calculations.
• Experience launching or managing complex private market investment vehicles.
• Ability to lead cross-functional initiatives and manage external service providers.
• Experience leveraging technology, automation, and AI to improve operational efficiency.
  

Key Qualifications

• Bachelor's degree in Accounting, Finance, Business, or related field; CPA or advanced degree preferred.
• 10+ years of experience in private credit fund operations, fund finance, or fund accounting oversight.
• Strong understanding of direct lending and distressed credit investments.
• Experience with evergreen fund structures and their operational requirements.
• Knowledge of fund structures, allocations, capital activity, liquidity management, valuations, and fee calculations.
• Experience launching or managing complex private market investment vehicles.
• Ability to lead cross-functional initiatives and manage external service providers.
• Experience leveraging technology, automation, and AI to improve operational efficiency.
  

Key Responsibilities

• Support the launch and ongoing oversight of a cross-border evergreen private credit fund.
• Manage cash forecasting, capital calls, distributions, subscriptions, and liquidity planning.
• Oversee fund models, performance reporting, fee calculations, and investor allocations.
• Ensure compliance with fund governing documents, regulations, and internal policies.
• Support investor reporting, due diligence requests, and management presentations.
• Enhance controls, reporting processes, data governance, and operational workflows. Partner with Portfolio Management, Legal, Tax, Compliance, Accounting, and Investor Relations teams.
• Identify and resolve operational risks while driving scalable process improvements