Sr. Specialist, Practice Management - Funds

Description/Job Summary The Sr. Specialist, Practice Management - Investment Funds will join a growing team of practice professionals focused on driving accountability, ensuring operational efficiency and enhancing structured work flows within the assigned practice group. The Sr. Specialist, Practice Management is responsible for support of the day-to-day execution of business needs and strategic priorities set forth by practice leadership. In this role, the Sr. Specialist, Practice Management will report to the Director of Practice Management and work closely with other business operations departments (e.g., Knowledge, Finance, Legal Personnel, Marketing/Business Development, IT, HR, Office of General Counsel, etc.) to support the practice operations, business strategies, financial profitability, resource management, and plans of the Investment Funds practice group. Responsibilities/Duties Support the Director of Practice Management and Practice Group leadership to execute, track and report on a strategic practice group plan with clear and achievable goals focused on revenue, profitability, headcount, reputation, brand awareness, profile and competitive differentiation Draft presentations, and other operational materials to socialize PG plans, decisions and group initiatives Help analyze PG financial performance (revenue, profitability, realization, utilization, WIP, A/R); prepare report regularly on key performance indicators, monitor progress and execute on related action items Refine and streamline PG reporting as needed Monitor, track and report on the PG's operational expenditures Coordinate with PG Professional Development Manager on training, resource planning and management, recruiting, retention, partnership pipeline, succession planning, promotions process, and other aspects of talent management Coordinate with Legal Talent and Office Management colleagues to execute on lateral onboarding and integration programs for attorneys joining the PG Collaborate with the Director of Practice Management and Marketing and Business Development to support client teams and various internal industry working groups and their initiatives Assist with special ad hoc projects such as competitor research and industry analysis Track, monitor, and maintain a running list of pipeline matters Support the daily operations of PG, including preparing for and running PG meetings and retreats Monitor current trends and best practices in legal and professional services management; communicate the impact of new innovations, developments, and regulations Participate in fostering a culture that is team-oriented and committed to professional excellence Required Skills Strong analytical skills; the ability to develop and successfully execute project and operational plans from broadly stated objectives Proven experience driving continuous improvement in business operations, technology and practices in a complex, matrixed, global professional services Great interpersonal skills and ability to create consensus-based support for business operations and decisions Excellent presentation, writing, and verbal communication skills; confidence and professionalism to interact credibly with all levels in an organization-tailoring communications effectively for different groups and stakeholders Experience in a law firm or professional services environment preferred Prior M&A deal or fund formation experience preferred Required Experience Minimum 3-5 years of experience in serving as a business professional with an understanding of financial analysis, project management, client relationship and talent management Required Education Bachelor's degree required Details Salary Information NY only: The estimated base salary range for this position is $110k to $125k at the time of posting. The actual salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held, and if applicable, the location in which the applicant lives and/or from which they will be performing the job. This role is exempt meaning it is not overtime pay eligible. Privacy Notice For information about how Simpson Thacher & Bartlett LLP collects and processes your personal information, please refer to our Privacy Notice available at #LI-Hybrid

Created: 2024-11-02