Fund Operations - Vice President

iCapital is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $152 billion in global client assets invested in 1,210 funds, as of December 2022.

iCapital has been named to the Forbes Fintech 50 for five consecutive years (2018 – 2022); a back-to-back selection by Forbes to its list of Best Startup Employers; and a two-time winner of MMI/Barron’s Solutions Provider award (See link below).

iCapital is looking to hire a Fund Operations Vice President to join our Client Operations and Reporting team. This role will report into the Head of Fund Operations. The ideal candidate will be responsible for overseeing and assisting with various private fund operational support functions, including submission of private fund transaction requests, administering designated new fund set up tasks, and banking counterparty oversight, among other operational functions. This role will require regular interaction with both internal (e.g., legal, finance) and external (e.g., fund administrator, bank) partners.

• Facilitate ongoing support of private equity and hedge funds operations; executing manager trades, monitoring bank and sweep accounts, leading cash management projects, and other middle office functions.
• Ensure scalability and integrity of day-to-day operations by collaborating with key stakeholders, optimizing team processes, implementing best practices, driving, and analyzing metrics, and maintaining workflow documentation.
• Develop and maintain strong relationships with financial counterparties and other service providers. Assist with vendor management, including vendor selection, reviewing agreements, fee analysis and negotiation, onboarding, building, and monitoring KPIs; collaborating with vendors and key stakeholders to resolve operational challenges.
• Liaise with senior officials on Product Management and Technology teams to collaborate on high-visibility, long-term automation, technical projects, and provide detailed project updates and timelines.

• Accounting and/or Finance background required
• 8-12 years of relevant work experience
• Excellent interpersonal and communication skills (written and verbal), and able to work well with cross-functional teams as a leader and collaborator
• Exceptional organizational skills
• Able to multitask in a fast-paced, dynamic work environment; work well under pressure and have an aptitude to prioritize appropriately when faced with competing demands, tasks, and issues
• Possesses an entrepreneurial spirit; strong leadership skills and commitment to building out team processes
• Meticulous attention to detail with particular focus on risk mitigation

The base salary range for this role is $140,000 to $175,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. We offer most employees the flexibility to work in the office three or four days. Every department has different needs, and some positions will be designated in-office jobs, based on their function. 

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.