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NEXTMOVEFDE careers · United States

Director, Head of Waterfall Solutions (Private Markets)

AI summary of the role

Director-level role to own and transform the Waterfall and Fee Calculation function for private markets at SS&C.

What you’ll do

  • Own end-to-end waterfall, incentive, fee and performance calculations, establishing standards and accountability
  • Design and implement production-grade solutions that replace manual processes and support growth across complex fund structures
  • Partner with engineering and products to translate LPAs, waterfalls, and performance logic into automated systems and calculation engines
  • Oversee all calculation outputs for consistency, auditability, and strong validation and control frameworks

What you’ll bring

  • 10+ years in private markets fund administration or asset management with deep expertise in fees, waterfalls, and performance
  • Proven track record of delivering scalable, production-grade solutions (systems, engines, or platform transformations) with measurable impact
  • Strong systems/data mindset — able to translate complex financial logic into automated, repeatable architectures
  • Experience partnering with engineering and product to build and deploy tech-enabled solutions

Technologies

waterfall calculations · fee calculation · performance calculation · LPA · data architecture · SQL · automation · calculation engines

About SS&C

Software and outsourced operations for asset managers, hedge/private funds, insurers, and healthcare payers — fund admin, accounting, transfer agency, and middle/back-office tech at global scale.

Public · 5000+ people

Source and classification

Deployment team leadership · Evidence for this classification:

As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology. Job Description Job Title: Director, Head of Waterfall Solutions [Private Markets] Locations: Boston, MA (hybrid), Union, NJ (hybrid), New York City (hybrid) About the Role We are seeking a highly driven, tech-forward leader to take full ownership of our Waterfall and Fee Calculation function. This is a build, scale, and transform mandate — not a maintenance role. You will lead from the front, reimagining how waterfall, incentive, fees and performance are calculated, controlled, and delivered across a modern private markets platform.
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