Who We Are
ILPA is the only global organization dedicated exclusively to the private markets’ Limited Partner community. Representing over 600 institutions and more than 3 trillion USD of private markets assets under management, ILPA’s members include public pensions, corporate pensions, endowments, foundations, family offices, insurance companies, and sovereign wealth funds located around the world. Through its efforts in the areas of education, advocacy, standards and best practices, and networking, ILPA aims to have a direct and expanding impact on the investment returns of our members and the health of the private markets industry globally.
This is a full-time (40-hour), exempt position, preference to applicants in the Washington, DC area. Applicants outside the Washington, DC and within the United States are welcomed to apply. Applicants in commutable distance to DC will be required to report to ILPA’s DC office twice a week. This position will report to the Managing Director, Industry Affairs.
Position Description
The Senior Director, Industry Affairs sits at the cross-section of ILPA’s work to develop and promote industry leading standards and best practices and ILPA’s engagement on regulatory, and policy issues that impact our members. The individual will meaningfully contribute to ILPA’s profile as an industry thought leader, convener and collaborator through a range of strategic initiatives that seek to enhance alignment of interest, governance and transparency between General Partners (GPs) and Limited Partners (LPs). This individual will also play a central role in evolving ILPA’s engagement across legal, regulatory and policy issues impacting private markets and LPs.
The Senior Director, Industry Affairs will work in close collaboration with colleagues based in London, Toronto, and Washington, DC and will have significant exposure to the ILPA Leadership Team, including the Chief Executive Officer, ILPA members and a wide range of industry stakeholders.
Roles and Responsibilities
- Through ongoing dialogue with ILPA members, GPs, third parties, peer organizations, and regulatory bodies, identify opportunities to evolve ILPA standards, best practices, and policy positions for the benefit of ILPA’s members and industry practitioners.
Monitor and proactively identify industry and regulatory issues of consequence to limited partners, assess potential impact and lead development of ILPA positions and guidance, keeping ILPA members and other constituents informed.
Lead efforts to drive adoption of ILPA standards and best practices, and alignment with ILPA’s policy positions through coalition building and industry engagement.
Collaborate with cross-functional, internal teams to identify the issues most worthy of ILPA’s engagement and formulate scalable responses and deliverables, e.g., policy positions, periodic surveys, industry guidance and best practices, and events and educational programming.
Manage a large and growing network of relationships with industry subject matter experts and decision-makers to explore vectors for collaboration.
Lead standing and ad hoc committees and working groups mandated to advise on developing or evolving ILPA-issued standards, best practices, and policy positions.
Identify, select, and manage volunteer contributors and paid consultants as needed.
Create and maintain resources for users of ILPA standards and respond to inbound queries regarding implementation or interpretation of ILPA-issued standards and best practices.
Serve as an internal cross-platform resource on technical matters, including developing member- and industry-facing content and products that leverage ILPA standards, best practices, and policy positions.
Serve as a face of ILPA externally through participation with press, panels, presentations, and member engagement.
Produce training materials and process manuals related to producing and maintaining ILPA standards, best practices, and policy positions.
Supervisory scope may evolve over time based on team structure and organizational needs, potentially expanding to include additional direct reports with responsibilities such as assigning work, providing feedback and coaching, conducting performance evaluations, and supporting professional development.
Qualifications
Bachelor’s degree in business administration or other relevant discipline. JD or MBA are highly desirable.
Twelve+ years of progressive senior-level experience.
Ten+ years of experience within private markets with demonstrated knowledge of institutional investor issues.
Experience of the operational, legal, and regulatory aspects of private markets (e.g., due diligence, legal documentation, fund negotiations, manager selection and oversight, reporting).
Professional designation such as Chartered Alternative Investment Analyst (CAIA), or Chartered Financial Analyst (CFA), Certificate in Investment Performance Measurement (CIPM)
Familiarity with reporting, valuation and/or accounting standards in use in private markets (e.g., ILPA, International Private Equity Valuation (IPEV), Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS)).
Familiarity with regulatory frameworks and requirements relevant to private markets and limited partners, e.g., SEC Advisers Act, ERISA Standards.
Ability to travel 25-30%, on average, based on ILPA and industry events within US and globally.
Preferred Skills
- Meaningful experience with private markets operations and a desire to build industry knowledge.
Skilled in engaging and navigating multi-stakeholder situations with C-suite/senior staff internally and externally.
In-depth experience running all elements of complex, multi-stage projects from initial stages through completion.
Able to lead through influence and enable success without direct ownership of outcomes.
Comfort creating and delivering engaging in-person and virtual presentations.
Driven, energetic, and results-oriented with active intellectual curiosity.
Strong leadership and interpersonal skills with the ability to foster a positive, inclusive and collaborative team culture.
Generous, proactive, and articulate communicator internally and externally.
Demonstrated high level of accountability, accuracy, and efficiency, with the ability to set priorities, delegate effectively, and manage multiple competing deadlines in a fast-paced environment.
Process design focus, enabling consistent execution and scalability.
Strong writing skills across different styles required for email communication, white papers, best practices guides, website updates, "client ready" materials, slide decks, and industry engagement.
The ability to make the complex accessible to all.
Benefits/Compensation
The anticipated base salary range for this role is $145,000 to $200,000 USD. The compensation range for this role is specific to Washington, DC area and considers a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications.
In addition to the base salary, the hired professional will enjoy a comprehensive benefits package including paid time off (up to 30 days), company holiday closure, retirement benefits, 100% employer paid health insurance for employee and their dependents, life insurance and disability, paid holidays, and professional development allowance. Additionally, the hired candidate will be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance.
Unfortunately, we cannot support work visa applications so you must have permission to work in the United States.
ILPA Core Values
At ILPA, our purpose is to engage, empower and connect limited partners to maximize their performance on an individual, institutional, and collective basis. We therefore intentionally empower our team to make a meaningful contribution to the advancement of our members and their institutions. To accomplish this, we embrace the following values:
We Pursue Change and Seek Continuous Improvement
We are Member-Focused
We Take Ownership
We Communicate Effectively
We Succeed as a Team
We Treat Every Person with Respect
ILPA is an equal opportunity employer and committed to creating a diverse and inclusive work environment. Additional information on ILPA can be found on our website. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this role.
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