Vice President, Middle Office Operations
About the Role
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 and will be largely involved with new fund launch operations and will be expected to represent the team on various new fund pipeline meetings both with internal teams and those with external service providers; fund administrators, bank/custodians, vendors, etc. The role will involve frequent, proactive communication and coordination with fund managers and their counsel to ensure successful closing into underlying funds for our feeder fund commitments.
The ideal candidate will be responsible for managing middle office operations, effective delegation and prioritization of deliverables, and the training, development and mentorship of junior team members.
Responsibilities
- Manage operational processes for new private equity and hedge funds:
- Provide set-up for international product distribution.
- Execute underlying fund commitments.
- Participate in new fund pipeline meetings and monitoring upcoming funds, raising operational concerns where necessary.
- Partner closely with Fund Origination, Legal, Finance, Investor Relations teams to ensure operations are in place to launch products per the targeted timelines.
- Facilitate ongoing support of private equity and hedge funds operations to execute manager trades, 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 external counterparties and other service providers and assist with building, and monitoring KPIs; collaborate with vendors and key stakeholders to resolve operational challenges.
- Liaise with senior team members on Product Management and Technology teams to collaborate on high-visibility, long-term technological projects to automate, enhance and scale our capabilities; provide detailed project updates and timelines.
Want more jobs like this?
Get jobs in New York, NY delivered to your inbox every week.
Qualifications
- Accounting and/or finance background required
- 8-12+ years of relevant work experience
- Excellent interpersonal, written, and verbal communication skills, including the ability to work well with cross-functional teams as a leader and collaborator
- Superior organizational skills and able to multitask in a fast-paced, dynamic work environment; work well under pressure with aptitude to prioritize appropriately when faced with competing demands, tasks, and issues
- Possess an entrepreneurial spirit; strong leadership skills and commitment to building out team processes
- Meticulous attention to detail with special focus on operational risk mitigation
Benefits
The base salary range for this role is $155,000 to $180,000. 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. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.
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.
Perks and Benefits
Health and Wellness
Parental Benefits
Work Flexibility
Office Life and Perks
Vacation and Time Off
Financial and Retirement
Professional Development
Diversity and Inclusion