Manager of PE Fund Operations

Company Overview

Every firm has a culture – the values, beliefs, methodology, attitudes and standards that reflect an organization’s DNA. But the truly inspiring firms – the game-changers, the industry leaders and the disruptors – have cultures that propel them to innovate and stand out. At Brown Advisory, we aim to be one of those inspired firms. Over the years, we have purposefully built and nurtured our client-first culture.

Brown Advisory is an independent investment management and strategic advisory firm committed to delivering a combination of first-class performance, strategic advice and the highest level of client service. The firm’s clients—including individuals, families, family offices, endowments, foundations, charities, institutions, consultants, and financial intermediaries—are served by over 1,000 colleagues worldwide, all of whom are equity owners of the firm.

Position Summary

Operations at Brown Advisory provides applicants with a client first, fast paced, entrepreneurial environment where they will have the opportunity to develop their problem-solving skills with the support of dedicated teammates.  Our team takes great care to ensure that the needs of our clients are met and their expectations exceeded. The Fund Operations team is seeking a dynamic new leader to bolster our current processes and offerings. This role will provide the right candidate with the opportunity to lead a growing team, leverage their extensive experience, and add value to our firm in an outsized way.

Essential Functions/Responsibilities:

• Responsible for the oversight and strategic leadership of our private and hedge fund operations, consisting of commingled vehicles and direct investments.

• Lead and continuously strengthen Brown Advisory’s relationship with fund vendors and custodians with a focus on partnership and ensuring high client service and SLA adherence.

• Oversee the execution of all capital activity related to the private fund vehicles – including capital call, distributions, subscriptions, redemptions, and all related capital activity.

• Evaluate and document end to end workflow and processes for alternative fund operations to build scale, improve service, and position our fund operations to support the growth of the business.

• Manage and develop existing fund operations talent – inclusive of three colleagues in Baltimore.

• Join and participate in the Firm’s Valuation Committee – organized to reach determinations on fair valuation and compliance with SEC regulations.

• Adhere and ensure compliance with all regulatory requirements for our Funds.  Laise and facilitate delivery of accurate regulatory reporting in partnership with our compliance and legal teams.

• Participate and lead presentations with our Fund Boards – collection and design of board presentation materials and work closely with business stakeholders to align on messaging.

• Oversee and organize the launch, merging, and closing of all funds – work in tight coordination with legal and internal teams to project plan and coordinate all fund activity.

• Collect and document enhancement and process related requests from our internal business stakeholders to course future advancements for fund operations.

• Execute ad‐hoc projects and strategic initiatives for the business; partner with groups internally including, but not limited to, Private Client, Institutional Sales and Service, Technology and Infrastructure to deliver key results.

• Advocate for our clients and firm through contract and service level negotiations with vendors.

Desired Qualifications:

• Bachelor’s degree required

• Masters/Advanced Degree preferred

• 8-12 years Fund Operations experience

• Experiencing working with alternative funds – Hedge Funds and Private Equity

• Vendor contract negotiation experience

• Management and creation of vendor service level agreements

• Superior analytical and problem-solving skills

• Superior written and oral communication skills

• Highly organized and detail‐oriented

• Diligent work ethic

• Experience working in a team environment

• Proactive mentality

• Ability to adapt in a positive manner to rapidly changing priorities

• Ability to remain calm in a fast paced environment

• Ability to handle confidential material with utmost discretion

• Interested applicants must conduct themselves in a highly professional manner

• Demonstrates curiosity and a continuous improvement mindset by identifying opportunities to enhance processes, improve efficiency, and thoughtfully leverage new technologies and tools, including AI-enabled productivity solutions

DC Salary Range: $148.5k – $210k.Commensurate with experience and location. Does not include bonus or long term incentive eligibility (if applicable).

MD Salary Range: $135k – $200k. Commensurate with experience and location. Does not include bonus or long term incentive eligibility (if applicable).

NY Salary Range: $162k - $240k. Commensurate with experience and location. Does not include bonus or long term incentive eligibility (if applicable).

Applicants must be authorized to work in the United States without the need for current or future employer-sponsored work authorization (e.g., H-1B , O-1, F-1 (OPT), TN, or any other non-immigrant visa classifications that require employer support or sponsorship).

Brown Advisory is an Equal Employment Opportunity Employer.

Benefits

At Brown Advisory we offer a competitive compensation package, including full benefits.
•    Medical
•    Dental
•    Vision
•    Wellness program participation incentive
•    Financial wellness program
•    Fitness event fee reimbursement
•    Gym membership discounts
•    Colleague Assistance Program
•    Telemedicine Program (for those enrolled in Medical)
•    Adoption Benefits
•    Daycare late pick-up fee reimbursement
•    Basic Life & Accidental Death & Dismemberment Insurance
•    Voluntary Life & Accidental Death & Dismemberment Insurance
•    Short Term Disability
•    Paid parental leave
•    Group Long Term Disability
•    Pet Insurance
•    401(k) (50% employer match up to IRS limit, 4 year vesting)

Brown Advisory is an Equal Employment Opportunity Employer.