Senior Associate, Portfolio Operations, Value Creation Team
About the role
Overview
LLR Partners is hiring a Sr. Associate, Portfolio Operations to join its Value Creation Team (VCT). In this role, you will serve as an operator-in-residence for ~4-6 portfolio companies, responsible for driving performance alongside management teams and across the full company investment lifecycle from initial investment through exit. As the embedded value creation lead for each company, you will partner with management to monitor performance, drive development and execution of company-specific value creation plans, and maintain alignment with LLR’s investment thesis. You’ll also serve as an LLR liaison, providing real-time insights to Investment Teams and coordinating with the Value Creation Team to activate the right functional experts, tools, and frameworks to accelerate growth and improve operational maturity.
The ideal candidate combines financial, operational and analytical depth, strong instincts, interpersonal skills, and the ability to shift between strategic thought partner and tactical problem solver based on company needs with a focus on driving meaningful performance improvement.
Accountabilities
- Align Stakeholders: Liaise as trusted advisor between LLR Investment Team, portfolio company management team and VCT
- Serve as Quarterback between management, investment team, VCT functional leaders, and the Board to ensure coordination and clarity of shared expectations
- Contribute operational context to Board updates and to LLR reporting: Investment Committee materials, portfolio reviews, etc.
- Orchestrate Functional Support: Scope, activate, and integrate VCT functional resources and 3P vendors
- Identify opportunities to engage VCT functional experts (including identification of ‘plays’ to run) or third-party vendors and support scoping of engagements
- Track delivery and follow-through on VCT and third-party work to deliver on intended outcomes
- Ensure execution of functional playbooks and recommendations, holding the company and relevant stakeholders accountable for follow-through
- Drive Execution: Develop and deliver tailored Value Creation Plans (VCP)
- Develop VCP with key stakeholders. Work with Investment Team to ensure alignment with investment thesis
- Drive accountability across management and functional owners to ensure progress on VCP Initiatives, supporting hands-on execution where initiatives lag
- Monitor Performance: Track performance and activity, and flag issues early
- Maintain a real-time operational pulse on company performance
- Develop / refine dashboards with management to track key metrics and KPI’s
- Monitor financial and operating metrics to diagnose early drivers of underperformance, surface emerging risks, gaps, or misalignment and propose solutions
Experience, Skills and Requirements
- Bachelor’s degree in Finance, Accounting or Business; MBA or advanced degree preferred but not required
- 4-8+ years of experience in a combination of financial, operating, consulting or strategic roles
- Previous work directly with an early-stage technology company or in an operating role at a PE firm preferred but not required