• Location: Boston MA
• Type: Perm
• Job #25736

Company Overview:
A private equity firm founded in 1984, specializing in investments across healthcare, consumer products, retail, industrials, and communications sectors, is seeking a Fund Operations Supervisor to join their Boston office.

Job Responsibilities:

• Supervise day-to-day fund treasury processes, including review and coordination of domestic and international wires, account transfers, money market activity, and other cash movements.
• Review daily cash activity and support liquidity needs related to capital calls, investments, distributions, management fees, debt obligations, and other operating requirements.
• Coordinate the opening, maintenance, and closing of bank, brokerage, and custody accounts, including documentation, KYC materials, entitlements, signatory changes, and record maintenance.
• Maintain wire instructions, payment templates, and treasury management system workflows; monitor routine exceptions related to payments, bank statement imports, and connectivity issues.
• Perform or review daily and periodic reconciliations between bank and custody activity and internal records; investigate breaks and ensure timely follow-up on outstanding items.
• Serve as a primary operational point of contact for internal stakeholders regarding payment status, account information, wire inquiries, and issue resolution.
• Support transaction funding, settlement coordination, and follow-up on delayed or failed items related to investments, distributions, and other fund activity.
• Help ensure adherence to internal treasury policies, approval requirements, dual-control standards, and applicable counterparty or regulatory requirements.
• Assist with routine interactions with banks and custodians, including service matters, account maintenance, and documentation follow-up.
• Prepare and maintain operating procedures, control evidence, and supporting documentation for audits, internal reviews, and recurring reporting needs.
• Conduct callback procedures with third parties to validate banking information, confirm changes to wire instructions, and mitigate fraud risk before processing transactions.
• Identify process improvement opportunities and help implement practical workflow enhancements that improve accuracy, timeliness, and control.
• Supervise and train junior team members by assigning work, reviewing output, and reinforcing standards for accuracy, responsiveness, and control discipline.
• Identify and support practical AI use cases that enhance daily operational efficiency and strengthen controls.
• Support cross-functional projects and other ad hoc fund operations initiatives as needed.

Qualifications:

• Bachelor's degree required; concentration in finance, accounting, economics, or a related field preferred.
• Experience with Kyriba or a similar treasury management system.
• 5-8 years of relevant experience in treasury operations, preferably within private equity, alternative investments, or asset management.
• Experience in processing and reviewing cash transactions across multiple legal entities.
• Prior experience training, reviewing, and supervising junior staff strongly preferred.
• Strong working knowledge of cash management, reconciliations, payment controls, KYC or bank account onboarding, and treasury operational controls.
• Proficiency in Microsoft Office Suite, particularly Excel, and Power BI or similar reporting tools are a plus.
• Working knowledge of SWIFT messaging, custody workflows, and credit facility processes preferred.

Compensation:
Salary: $110,000 – $130,000, Plus Bonus