COO - Director Of Hedge Fund Operations

Our client seeks a highly talented, senior-level, operations professional who will play a pivotal role in executing funds’ business strategies, as directed by senior management (position title determined commensurate with experience). The successful candidate will be deeply and actively involved in the ongoing building, implementing and overseeing of funds’ operations infrastructure and day-to-day business functions. The COO will report to the President, and will work closely with him, other funds executive officers, and key department heads of our client or other affiliates, and will be responsible for carrying out or supervising the following functions:

• Overseeing all operations for hedge funds and commodity pools sponsored by our client
• Working closely with senior management and financial and accounting staff on revenue modeling and sales forecasting
• Leading new fund product launches and existing product updates and other initiatives
• Advising senior management on appropriate resource allocation
• Assisting with development and implementation of the funds marketing plan and branding efforts
• Coordinating marketing efforts with distributor networks and their sales representatives
• Interacting with the funds’ senior management and department heads of affiliated companies on research, marketing, technology and compliance projects
• Working closely with internal and outside counsel on all compliance and legal aspects of funds’ operations, including, for certain products, ongoing SEC public reporting and Sarbanes-Oxley compliance functions
• Establishing and maintaining strong relationships with key business partners and service providers, including distributors, prime brokers, custodians, administrators, and auditors
• Negotiating key contracts with distributors and service providers, as directed by senior management
• Overseeing annual audit processes and coordinating with outside auditors
• Assisting in the development and oversight of annual budgets, including forecasting and cash-flow management
• Identifying, developing and implementing process efficiencies and technology improvements

Background/Experience Needed

• Exceptional track record of success in senior-level positions in the financial industry
• Minimum of 3-5 years’ hands-on operations experience with one or more hedge funds and/or commodity pool organizations
• Prior experience with hedge funds or commodity pools registered with the SEC in various capacities (e.g., registered investment companies, public commodity funds, public reporting companies, etc.)
• Comprehensive understanding of and familiarity with the compliance and legal frameworks in which hedge funds and commodity pools operate
• Verifiable experience with service providers (administrators, prime brokers, auditors, custodians) in the hedge fund space
• Superb leadership, execution and communications skills
• Strong people-management capabilities
• Exceptional collaboration ability
• A passion for the financial markets
• Bachelor’s degree in accounting, finance, or business, with an advanced degree (MBA) preferred