Senior Analyst, Private Debt & Equity Operations

rgare; Chesterfield (MO); On-site; USD 90,000 - 150,000; Full time

Job summary

RGA is seeking a Senior Analyst to manage illiquid asset lifecycle servicing for private debt and equity. You will own onboarding, documentation, and reconciliations, ensuring accuracy and audit readiness across systems. Collaborate with Analysts and Associates while supporting Portfolio Management, Investment Accounting, and Legal on complex transactions.

You will lead process improvements, maintain SOPs, and train junior staff in a fast-paced, global team environment.

Qualifications

• BA/BS in Finance, Accounting, Economics, or related field with 4+ years in investment operations including private debt/equity lifecycle servicing
• MBA with 2+ years in investment operations with private markets experience is acceptable
• Hands-on experience with asset onboarding, document management, and capital call/distribution reconciliation
• Independent workflow ownership with high‑quality execution in documentation-intensive environments

Responsibilities

• Execute asset onboarding for private debt and equity investments, ensuring data attributes are captured in systems
• Collect and manage legal/financial/operational documentation with version control
• Perform ongoing servicing activities including cash and position reconciliation
• Process transfers, assignments, novations, restructurings, and ownership changes
• Identify and resolve reconciliation breaks with fund administrators and counterparties
• Maintain audit-ready records of all transactions and exceptions
• Provide guidance to Analysts/Associates and support Directors on issues
• Support onboarding/training of junior staff and SOP maintenance
• Coordinate with Portfolio Management, Investment Accounting, Legal, and Cash Management on onboarding and liquidity matters

Skills

Asset onboarding

Document management

Reconciliation

Transfer processing

Attention to detail

Education

BA/BS in Finance/Accounting/Economics

MBA

CFA or CAIA candidacy

Tools

Aladdin

Allvue

iLevel

WSO

Job description

You desire impactful work.

You're RGA ready

RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 200 Company and listed among its World's Most Admired Companies , we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

The Senior Analyst, Private Debt & Equity Operations is an experienced operational professional responsible for the execution of illiquid asset lifecycle servicing workflows across asset onboarding, data collection and document management, ongoing servicing, cash and position reconciliation, and transfer processing. The Senior Analyst operates with a high degree of independence, bringing technical depth and process ownership to assigned workflows. In addition to executing core operational tasks, this role serves as a functional resource for Analysts and Associates - providing guidance, reviewing work, and supporting the Director on exception resolution and process improvement.

What you will do

• Execute asset onboarding for private debt and equity investments, ensuring structures, counterparties, and data attributes are captured accurately and completely in operational systems.
• Collect, validate, and maintain legal, financial, and operational documentation, ensuring proper version control and audit‑ready document management.
• Perform ongoing asset servicing activities, including cash and position reconciliation across capital calls, distributions, valuations, and positions.
• Process transfers, assignments, novations, restructurings, and ownership changes in accordance with established procedures and documentation standards.
• Identify, investigate, and resolve reconciliation breaks with fund administrators, custodians, and counterparties, escalating unresolved items as appropriate.
• Execute daily and periodic operational controls, including onboarding completeness checks, document validation, servicing reconciliations, and wire and cash controls.
• Maintain accurate, complete, and audit‑ready records of all transactions, exceptions, and resolution actions within assigned workflows.
• Serve as a functional resource to Analysts and Associates by reviewing work output, answering questions, and providing guidance on complex or non‑standard transactions.
• Support onboarding and training of junior staff and contribute to the maintenance of standard operating procedures for assigned workflows.
• Act as a day‑to‑day operational contact for Portfolio Management, Investment Accounting, Legal, and Cash Management on onboarding, servicing status, documentation, and liquidity‑related matters.

Qualifications

Education and Experience

Required:

• Bachelor's Degree in Arts/Sciences (BA/BS) Finance, Accounting, Economics, or related field AND 4+ years of investment operations experience with demonstrated proficiency in private debt, private equity, or illiquid asset lifecycle servicing within an insurance company, asset manager, reinsurer, or institutional investment organization
• Master's degree in Arts/Sciences (MA/MS) MBA, ASA, or FSA AND 2+ years of investment operations experience with demonstrated proficiency in private debt, private equity, or illiquid asset lifecycle servicing within an insurance company, asset manager, reinsurer, or institutional investment organization
• Hands‑on experience with asset onboarding, document management, capital call and distribution reconciliation, and transfer processing for illiquid assets
• Track record of independent workflow ownership with consistent, high-quality execution in a documentation‑intensive operational environment

Preferred:

• Experience providing informal guidance or support to junior colleagues
• CFA or CAIA candidacy

Skills and Abilities

Required:

• Solid knowledge of private debt and equity lifecycle operations: onboarding, document management, covenant tracking, reconciliation, and transfer processing.
• Familiarity with illiquid asset structures including direct lending, CLOs, private placements, co‑investments, and fund interests.
• Working knowledge of investment operations platforms supporting private markets (e.g., Aladdin, Allvue, iLevel, WSO, or comparable systems).
• Proficiency in reconciliation and exception management across internal systems and external fund administrators and counterparties.
• Detail‑oriented and documentation‑disciplined - takes full ownership of assigned workflows and consistently delivers accurate, complete results.
• Strong analytical and problem‑solving skills - able to investigate reconciliation breaks, document deficiencies, and servicing exceptions independently and drive them to resolution.
• Clear and professional communicator - able to engage with counterparties, fund administrators, and internal partners effectively and escalating issues concisely.
• Collaborative team member w