Carried Interest Specialist

BANK
Permanent, Full time
Geneva
Posted 6 months ago

For one of our clients, a Swiss Private Bank in Geneva, we are recruiting a Carried Interest Specialist to support the Global Head of Rewards, within the HR Department.

In this role, the successful candidate will be contributing to the design of carried interest and similar plans and be responsible for implementing and administering these plans. The applicant will also be tasked with coordinating and administering existing plans including managing onboarding and termination processes. Last but not least, the new recrue will also have to provide regular updates to senior management on carry valuations and projected cash flows.

 

Responsibilities

  • Design and develop carried interest and similar plans, taking into account the tax and legal constraints of the different countries in which we operate (with a focus on Europe, Switzerland and the United Kingdom).
  • Establish a coherent approach across the Group regarding core principles and rules, e.g. sharing ratios, vesting schedules, leaver provisions, etc.
  • Managing ongoing carried interest and similar plans across various strategies (direct and multi- manager, private equity, private debt and private real estate).
  • Provide support and documentation to existing staff, new joiners, candidates and leavers.
  • Monitor market trends and regulatory, tax and legal developments that may impact the design and set-up of the carried interest and similar plans.
  • Work closely with the investment teams, HR, Finance, Legal and Operations to implement up-to-date processes and provide relevant information across the company.
  • Manage the investment teams’ commitments into their funds and the imlementation of any change in fund allocation in the course of the funds’ lives.
  • Design and manage legal and operational distribution waterfalls within our private asset products and solutions.
  • Maintain an information depository and provide ad hoc project support as required.

 

Profile

  • University degree in Finance or Accounting; a tax/law background would be a plus.
  • At least 5 years’ experience in a similar role in a private asset boutique; Big 4 experience would be an asset.
  • Experience in designing, structuring and implementing private asset distribution waterfalls as well as carried interest and performance fee plans within a global fund.
  • In-depth understanding of fund structures and performance calculation of private assets funds (private equity, real estate, private debt), in particular structuring and implementing distribution waterfalls.
  • Experience of working directly with investment or fund-structuring teams, with in-house exposure to finance, operations, compensation or accounting teams.
  • A problem-solving mindset with the ability to prioritise and oversee several tasks at once.
  • A self-starter able to work with a high level of autonomy across a global team.
  • Written and oral fluency in English; French is required (C1 level).
  • Based in Geneva, or willing to relocate.

 

Due to the volume of applications we receive, we regret that we will contact only the candidates who have been selected for an interview.

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Job CategoryBank / Finance

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