What are the responsibilities and job description for the Associate, Fund Business Strategy position at FS Investments?
The firm is looking to add a dynamic Associate to support the fund investment teams. The Associate is responsible for working alongside the investment teams, portfolio managers, and the executive team to drive the growth and management of the investment funds and businesses. Under the supervision of senior management, the Associate will be tasked with driving the growth and strategic direction of the funds. This includes taking a leadership role in analyzing and setting distribution rates, projecting and maximizing fund and firm earnings, working across shared services departments (e.g., operations, finance, and technology) to align infrastructure and support needs of the business, and reviewing and driving budgeted expenses for the business unit. The candidate will also engage with internal and external stakeholders, such as the fund's Board of Directors, and FS’ executive team.
The candidate will be responsible for performing and overseeing thorough analysis, creating presentations, and soliciting feedback from across key areas of the firm. The candidate will be responsible for identifying and resolving issues which detract from the Investment Team's ability to focus on investing and capital raising. The associate must be a subject matter expert in key areas, including running and interpreting financial projections and forecasts, understanding key drivers of fund and business performance, and grasping all key operational, compliance, and control considerations of the businesses.
The associate must have superior analytical and organizational capabilities as well as the ability to present sophisticated content to internal and external stakeholders. This person must have a business mindset and help drive solutions to day-to-day issues and larger challenges.
The successful candidate is expected to:
Manage the development of solutions to day-to-day issues and larger challenges facing the investment management business.
Produce and oversee the production of fund budgets and forecasts, including fund modeling and overall performance, capital raise and deployment assumptions, and fee and expense drivers.
Direct the preparation of presentations to executive management, the board of directors, and external stakeholders.
Monitor the funds’ liquidity profiles and capital structures; communicate key findings, including risks and opportunities as appropriate.
Drive the execution of strategic initiatives at the funds.
Partner with groups across the firm to advance firm goals.
Qualifications:
Minimum of 3-5 years of experience in financial services (e.g., investment banking and similar roles a plus)
Advanced financial modeling proficiency and superior Excel and PowerPoint skills
Degree in real estate, finance, accounting, engineering, math, or computer science a plus
Progress towards CFA charter is a strong plus
Knowledge of the financial markets and real estate markets and a plus
Strong organization skills; excellent diligence; self-motivated and collaborative
Ability to produce accurate results under tight time constraints
FS Investments: 30 years of leadership in private markets
FS Investments is an alternative asset manager dedicated to delivering attractive returns across private equity, private credit and real estate. Following its 2023 acquisition of Portfolio Advisors, FS Investments now manages over $83 billion for both institutional and wealth management clients around the world, drawing on 30 years of experience and more than 500 employees operating across nine global offices.
The firm’s investment professionals manage a wide range of differentiated strategies across private markets and collectively manage relationships with 300 sponsors. FS Investments’ active partnership model creates a virtuous cycle of superior market insights and deal flow, which inform the underwriting process and help to generate strong returns.
FS is an Equal Opportunity Employer.
FS Investments does not accept unsolicited resumes from recruiters or search firms. Any resume or referral submitted in the absence of a signed agreement is property of FS Investments and no fee will be paid.
