Alternative Operations Manager

When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you\’ll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.

About the role

In your role as Alternative Operations Manager you will make a meaningful and valued contribution from the outset.

This role will provide a great opportunity to work within the Alternative Operations Team, a team formed in 2020 to oversee the end to end of USS’s £25bn+ Alternative Asset operational processes.

The team’s objective is to provide support for both existing assets and new deals, originated by the Private Markets Group (“PMG”), working closely with other operational support teams to onboard complex investment deals/structures and facilitate their integration in a controlled manner into USS’s operational environment.

The role will provide exposure to our end-to-end processes which support both existing and new alternative assets, working closely with the front office team and other support areas.

What you will be doing

As a trusted part of the Operations you will be responsible for:

• Support Private Market deal teams by assessing operational impact, including accounting, cash flows, and structuring.
• Coordinate with third-party providers and internal teams to ensure service provisions align with deal requirements.
• Assist with delivery of existing business, including operating models, loan reconciliations, and interest calculations.
• Input and configure data for Power BI reports; ensure timely reporting of events into Accelerate.
• Strengthen relationships with fund administrators like Aztec and attend service reviews.
• Build and maintain strong internal and external stakeholder relationships across the full delivery lifecycle.
• Drive scalable, controlled solutions to support efficient operations and reporting.

About you

We know that sometimes people can be put off applying for a job if they don\’t tick every box. If you\’re excited about working for us and have most of the skills or experience we\’re looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.

To be successful in the role you will have:

• Fully qualified accountant (ACA/ACCA/CIMA) with 2–5 years\’ post-qualification experience.
• Exposure to deal implementation and finance/operational processes.
• Experience in private markets or credit investments desirable.
• Familiar with Power BI and strong Excel skills.
• Proven track record in project delivery with a proactive, problem-solving mindset.
• Knowledge of private market asset classes (e.g. property, private equity, private credit) preferred.
• Detail-oriented with a flexible, can-do attitude and ability to adapt to shifting priorities.

At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others.

We\’re also committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual\’s unique career path, driving this forward with the support of an engaged and proactive management team.

Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture and excellent range of benefits!

How we will reward you

• Generous annual leave package.
• Access to a high quality pension scheme provided through Universities Superannuation Scheme.
• Supportive people policies (including enhanced occupational sickness pay and family friendly pay).
• Financial contributions towards your personal development to help you maintain your physical and mental wellbeing.
• Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership.
• Learning and development opportunities to develop your skills, knowledge and talent.
• Employee Volunteer Day’s to support the communities where you work and live.
• Cycle to Work Scheme.

Our culture and values

Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves.

Our purpose firmly states the importance of members, putting them ‘front and centre’ of what we do. This is embedded through our values:

• Integrity.

About us

Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and higher education institutions in the UK.

We work with around 330 employers to help build a secure financial future for more than 528,000 members and their families. We are one of the largest pension schemes in the UK, with total assets of around £75.5bn (at 31 March 2023). To find out more, please visit .

USSIM is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent.

We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting .

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