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Invesco

The Principal, Fund Operations

Posted One Month Ago
Be an Early Applicant
In-Office
New York, NY, USA
170K-200K Annually
Expert/Leader
In-Office
New York, NY, USA
170K-200K Annually
Expert/Leader
Oversee operations for private credit funds, including the launch and ongoing management of a cross-border evergreen fund. Manage capital activity, liquidity, fund modeling, fees, investor allocations, reporting, governance, compliance, controls, and third-party administrators. Coordinate with legal, tax, accounting, compliance, investor relations, portfolio, and external partners. Lead process improvements, automation, artificial intelligence adoption, issue resolution, and operational risk management across multiple fund vehicles and share classes.
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About Invesco

As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

What’s in it for you?

Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including: 

  • Flexible paid time off

  • Hybrid work schedule 

  • 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution 

  • Health & wellbeing benefits 

  • Parental Leave benefits 

  • Employee stock purchase plan

Job Description

Your Team


Covers operations and related activities. Provides operational support to the asset management business and/or products. Provides operational support to the Asset Management and Alternative Asset Management business areas. Specializes in clearance, settlement and investigations and international and domestic securities transactions trade processing.

Your Role


The Principal, Fund Operations – Private Credit provides financial management and operational oversight for private credit funds, with predominant focus on the launch and ongoing operation of a new, cross-border evergreen fund. The role partners with key stakeholders across the business in both the U.S. and Europe to ensure seamless execution of fund operations, timely issue resolution, and high-quality reporting and support. As a central point of coordination, the role maintains a broad understanding of the product and its operational, financial, investor, and governance requirements. The successful candidate will bring direct lending and distressed credit expertise, strong knowledge of evergreen fund structures, and the judgment to manage complex fund operations and drive effective outcomes.


You Will Be Responsible For: 


  • Fund launch and oversight: Assist with operational readiness and ongoing fund oversight for new, cross-border evergreen fund, including fund structuring, vehicle and share-class setup, administrator implementation, governance, controls, reporting, and lifecycle management.
  • Capital and liquidity management: Oversee cash forecasting, capital calls, distributions, subscriptions, redemptions, credit facilities, borrowing bases, covenant compliance, and liquidity planning across evergreen and related vehicles.
  • Fund modeling and analytics: Establish and maintain fund models, projections, performance metrics, management and incentive fee calculations, waterfalls, investor allocations, and dashboards to support portfolio and business decisions.
  • Governance and compliance: Ensure adherence to governing documents, side letters, investment guidelines, regulatory requirements, debt agreements, and internal policies; coordinate with legal, tax, compliance, and accounting on complex matters.
  • Reporting and investor support: Support investor and management reporting, fund presentations, due diligence requests, regulatory filings, and other client deliverables, with a focus on accuracy, consistency, and timeliness.
  • Controls and process improvement: Design and strengthen operating procedures, reconciliations, review controls, data governance, and issue-management processes. Leverage systems, automation, and artificial intelligence to improve efficiency, accuracy, insight, and control while reducing manual effort.
  • Cross-functional leadership: Serve as a senior point of coordination across Portfolio, Product, Accounting, Legal, Tax, Compliance, Investor Relations, and external advisors. Escalate decisions and risks clearly and promptly.

The Experience You Bring:


  • Bachelor’s degree in accounting, finance, business, or a related field; advanced degree or CPA a plus.
  • 10+ years of progressive experience in private credit fund operations, fund finance, fund accounting oversight, or a related role.
  • Required knowledge of direct lending and distressed credit investments and the operational requirements of evergreen fund structures.
  • Strong understanding of private credit fund structures, investment and investor allocations, capital activity, management and incentive fees, credit facilities, liquidity management, valuation, and third-party administrator operating models.
  • Experience launching or operating complex private credit products and managing multiple vehicles, feeders, sleeves, or share classes.
  • Registered Investment Company experience is a plus.
  • Demonstrated ability to lead cross-functional work, oversee external providers, resolve complex issues, and implement scalable processes and controls.
  • Demonstrated ability to apply systems, automation, and artificial intelligence to improve fund operations and reporting.

The salary range for this position in New York City, New York is $170,000 - $200,000/year. The total compensation offered for this position includes salary and incentive pay and will vary based on skills, experience and location

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

Yes

Workplace Model

Pursuant to Invesco’s Workplace Policy, employees are expected to comply with the firm’s most current workplace model, which as of October 1, 2025, includes spending at least four full days each week working in an Invesco office. This reflects our belief that spending time together in the office helps us build stronger relationships, collaborate more easily, and support each other’s growth and development.

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.

Invesco New York, New York, USA Office

New York, United States

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