HarbourVest Partners
Senior Associate, Client Ops New Business Implementation
HarbourVest Partners, Boston, Massachusetts, us, 02298
Senior Associate, Client Ops New Business Implementation
Join to apply for the
Senior Associate, Client Ops New Business Implementation
role at
HarbourVest Partners .
Job Description Summary For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open‑door culture that values diversity and innovative thinking. We are committed to fostering an environment of inclusion that promotes mutual respect among all employees.
HarbourVest is an equal opportunity employer.
This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval.
Key Responsibilities
Strong partnership and collaboration with an experienced group of senior professionals to assess the operational builds capacity and needs that may impact the operational model involving accounting, treasury functions, taxation, client onboarding, reporting, performance and third‑party service providers.
Assist in all aspects of the client operational launch of a new product from the point of concept to full transition to the “run” team.
Assist in the initial assessment of key new operational processes and technology required for new product implementation. Leverage efficiencies and opportunities from past launches.
Assist with establishing key dependencies and goals to meet client operational readiness launch targets.
Carefully reviewing legal and other product documentation from an operational commercial perspective.
Soliciting feedback and input from a large cross‑section of the organization and evaluating different inputs to inform decisions around product terms and related sales and operating models.
Coordinating with operational run team leads to ensure that the firm will be prepared to support the operational needs.
Other responsibilities as required.
Ideal Candidate
Experience or solid understanding in one or more of the following operational functions: Accounting, Client Experience/Investor Reporting, Performance/Analytics, Transfer Agent, Treasury, Corporate Finance, Compliance – Regulatory and tax.
Strong attention to detail and ability to push for client operational decisions on a project while seeking input from different perspectives, without existing precedents.
Experience with one or more of the following structures – separately managed mandates, complex open and closed end funds, alternatives, private equity, credit investments, real assets and various performance fee structures.
Ability to clearly communicate complex technical concepts in simple terms by building a template/model, summarizing in writing and in person.
Experience working in team environments, with the ability to lead or facilitate group efforts.
What You Bring
5 to 8 years of professional experience in the private markets or asset management space, focused on client operations, understanding of fund structuring, involvement in product launch and related topics.
Demonstrated excellence in implementing multi‑dimensional projects.
Strong familiarity with US GAAP, LUX GAAP and other basis of accounting.
Familiarity with different legal structures used for investors to access private market strategies.
Education
Bachelor’s degree or equivalent experience.
Experience
5 to 8 years of experience in private equity or alternatives asset class.
Salary Range $90,000.00 – $136,000.00. This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. The role is eligible for a discretionary annual bonus and may include eligibility for long‑term reward programs and a comprehensive total rewards package.
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Senior Associate, Client Ops New Business Implementation
role at
HarbourVest Partners .
Job Description Summary For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open‑door culture that values diversity and innovative thinking. We are committed to fostering an environment of inclusion that promotes mutual respect among all employees.
HarbourVest is an equal opportunity employer.
This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval.
Key Responsibilities
Strong partnership and collaboration with an experienced group of senior professionals to assess the operational builds capacity and needs that may impact the operational model involving accounting, treasury functions, taxation, client onboarding, reporting, performance and third‑party service providers.
Assist in all aspects of the client operational launch of a new product from the point of concept to full transition to the “run” team.
Assist in the initial assessment of key new operational processes and technology required for new product implementation. Leverage efficiencies and opportunities from past launches.
Assist with establishing key dependencies and goals to meet client operational readiness launch targets.
Carefully reviewing legal and other product documentation from an operational commercial perspective.
Soliciting feedback and input from a large cross‑section of the organization and evaluating different inputs to inform decisions around product terms and related sales and operating models.
Coordinating with operational run team leads to ensure that the firm will be prepared to support the operational needs.
Other responsibilities as required.
Ideal Candidate
Experience or solid understanding in one or more of the following operational functions: Accounting, Client Experience/Investor Reporting, Performance/Analytics, Transfer Agent, Treasury, Corporate Finance, Compliance – Regulatory and tax.
Strong attention to detail and ability to push for client operational decisions on a project while seeking input from different perspectives, without existing precedents.
Experience with one or more of the following structures – separately managed mandates, complex open and closed end funds, alternatives, private equity, credit investments, real assets and various performance fee structures.
Ability to clearly communicate complex technical concepts in simple terms by building a template/model, summarizing in writing and in person.
Experience working in team environments, with the ability to lead or facilitate group efforts.
What You Bring
5 to 8 years of professional experience in the private markets or asset management space, focused on client operations, understanding of fund structuring, involvement in product launch and related topics.
Demonstrated excellence in implementing multi‑dimensional projects.
Strong familiarity with US GAAP, LUX GAAP and other basis of accounting.
Familiarity with different legal structures used for investors to access private market strategies.
Education
Bachelor’s degree or equivalent experience.
Experience
5 to 8 years of experience in private equity or alternatives asset class.
Salary Range $90,000.00 – $136,000.00. This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. The role is eligible for a discretionary annual bonus and may include eligibility for long‑term reward programs and a comprehensive total rewards package.
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