Operating Partner

Reference Number: Operating Partner
Location: Nationwide

Founded in 2008 as an executive search firm, Front Runner Consulting, LLC (FRC) also provides Merger & Acquisition (M&A) services to institutional buyers, is conducting the following talent acquisition search:

Operating Partner


A New York-based private investment firm focused on specialized direct lending is seeking to hire Operating Partners to oversee management of selected portfolio companies, assist the deal team on operational due diligence, and work with the risk management team on oversight.

Position Profile

The firm is seeking experienced and highly motivated Operating Partners to join the firm working out of multiple locations. The role will report directly to the President and be responsible for post-closing operating activities and assisting the deal team on operational due diligence. Responsibilities, while focused primarily on portfolio companies, will include:

·         Developing and implementing post-closing playbooks and on-boarding processes for new portfolio companies

·         Tracking and performing financial and operational analytics, modeling and recommendations, and decision support analyses

·         Partnering with firm and portfolio company leadership

·         Supporting the preparation and presentation of the monthly forecast review, quarterly reporting, key performance indicators, and annual budgeting

·         Supporting and tracking cross-portfolio spending and improvement initiatives

·         On the pre-closing side, supporting the investment team and President to analyze the target companies operational infrastructure


Essential Duties and Responsibilities

• Finance & Operations, Planning & Analyses, Strategy

• Analyzing data submitted by the various portfolio company finance and operations leadership using relevant key metrics in order to challenge, support and be able to explain the submissions

• Drive standardization and best practices across all portfolio companies

• Facilitate the resolution of any cross-functional issues

• Business partner to the firm’s leadership and portfolio company leadership

• Provide strategic support and guidance on forecasts, financial issues, operating issues, policies and practices affecting the organization

• Assist the firm and portfolio company teams by developing analyses, tools, processes and procedures to facilitate and monitor business initiatives

• Consolidate and track monthly financials, including KPIs

• Prepare and present the Monthly financial package working closely with the day-to-day portfolio company and the firm’s teams

• Develop innovative analyses to facilitate the decision-making process and to propose cost savings and operational improvements

• Present complex financial/business flows in simplified form to the firm and portfolio company operations and finance leadership

• Contribute to ongoing development and improvement in post-closing playbook

• Develop strategic and operational plans with portfolio company management

• Overseeing execution of the strategic and operational plans

• Assessment of portfolio company management and participation in the selection of new management team members

• Assessment of portfolio company resources and supplementing them with outside resources as necessary

• Independent analysis of portfolio companies to identify opportunities for improvement

• Develop financing and M&A transactions with the investment team


Key Qualifications

• Bachelor's degree in accounting, finance, management or related field; MBA a plus

• Minimum of 15 years’ experience in the field of private equity, distressed debt, financial analysis, operations, IT, strategy, consulting with demonstrated increasing responsibilities

• Direct lending experience is highly desirable

• Mid-market or small cap experience a must (exclusive large company candidates need not apply)

• Financial services, specialty finance or experience in industries with capital intensive business models is highly desirable

• Restructuring and turnaround consulting experience preferred

• Performance improvement consulting background desirable

• Leadership skills, with experience contributing to high performing teams, projects and/or processes

• Ability to work with diverse management teams by earning their trust and respect, especially while in crisis mode

• Solid analytical & financial modeling background

• Experience working with diverse business cultures and stages

• Strong operational background with an understanding of markets, cost components and balance sheets

• Proven ability to perform under intense deadlines

• High degree of proficiency with Excel and presentation software

• Experience with database programs and financial consolidation programs are a plus

• Strong sense of integrity and high standards of ethics

• Fast learner

• Excellent written/verbal communication skills and able to interact/build relationships with individuals at all levels

• Focus on and understanding of creating value

• Maturity and presence to be able to function effectively

• Comfortable operating autonomously, ‘owning’ the details, driving execution and charting out broader strategies

• Strong organizational and project management skills; highly organized with excellent follow through and delivery

Start Date:   The selected candidates would be expected to start immediately

Salary/Benefits: Competitive base salary plus benefits and carried interest


The following are three main attributes I seek for “front runner” talent relative to the above:

·         Experience working for private equity type companies

·         Ability to find business investment opportunities through your own network

·         Personal financial ability to invest in portfolio pool you are managing

If this opportunity is of interest, please let me know so we can discuss.   

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