Director, Head of Waterfall Solutions (Private Markets)

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. The ideal candidate combines deep domain expertise with a product and automation mindset, and brings a proven track record of delivering scalable, production-grade solutions — not just ideas or incremental improvements.

If you’ve led the implementation of systems or processes that materially changed how an organization operates at scale, this role is designed for you.

Why Join SS&C

SS&C combines proprietary technology with deep industry expertise to support complex financial and health care operations. Our teams design, implement, and operate solutions that help clients manage data, automate processes, and scale their businesses with confidence.

You will work with industry experts, modern platforms, and evolving technologies, gaining exposure to real-world operational challenges and large-scale enterprise environments.

How You Will Make an Impact 

• Own & Lead the Function: Take full end-to-end ownership of waterfall, incentive, fee and performance calculations, establishing standards, accountability, and a high-performance team culture
• Build & Deliver at Scale: Design and implement production-grade solutions that replace manual processes and support growth across complex fund structures
• Technology & Data Integration: Partner with engineering and products to translate LPAs, waterfalls, and performance logic into automated systems, data models, and calculation engines
• Ensure Accuracy & Integrity: Oversee all calculations outputs to ensure they are consistent, auditable, and supported by strong validation and control frameworks
• Drive Process & Control Excellence: Implement repeatable, institutional-grade processes with robust controls, minimizing operational risk and key-person dependencies
• Lead Client & Stakeholder Engagement: Act as the senior escalation point, confidently addressing complex issues while influencing cross-functional stakeholders and building client trust
• Build a High-Impact Team: Recruit, develop, and lead a team that operates with urgency, ownership, and a relentless focus on execution and measurable outcomes
• Measure & Improve Performance: Define and track KPIs (automation rates, error reduction, cycle time, scalability) to continuously improve efficiency and deliver results at scale

Required Experience

• 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 (LPAs, allocations, performance) into automated, repeatable architectures
• Experience partnering with engineering and product to build and deploy tech-enabled solutions
• Demonstrated leadership building high-performing teams in fast-paced, high-accountability environments
• High attention to detail with a bias for action, ownership, and execution

What Sets You Apart

• CPA/CFA preferred; technical fluency (data architecture, SQL, automation) a plus

Join SS&C, where innovation meets global opportunities. Click here to apply.

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Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.

 

 

SS&C Technologies offers a comprehensive total rewards package designed to support your wellbeing, growth, and future. Our benefits include medical, dental, and vision coverage; a 401(k) plan with company match; paid time off, holidays, and parental leave; and professional development reimbursement opportunity.

 

 

Actual base salary will vary based on several factors, including but not limited to relevant skills, prior experience, education, demonstrated performance, and geographic location.

New Jersey: The expected base salary for the position is between $126,000 USD to $219,000 USD. New York: The expected base salary for the position is between $160,000 USD to $200,000 USD. Massachusetts: The expected base salary for the position is between $100,000 USD to $195,000 USD.

 

 

In addition, employees in this role may be eligible for consideration on an annual basis for a discretionary bonus and/or equity awards, such as restricted stock units or stock options, based upon individual and business performance at the company’s discretion.

 

 

 

 

Applications will be accepted on an ongoing basis until the position is filled.

 

 

SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.