Vice President of Operational Due Diligence Analyst, iCapital
Hedge Funds
$145-180k
+ Equity + Annual performance bonus
More information about location
4-5 days a week in office (Boca Raton, FL)
Fintech platform for alternative investments
Open for applications
Fintech platform for alternative investments
1001+ employees
Open for applications
$145-180k
+ Equity + Annual performance bonus
More information about location
4-5 days a week in office (Boca Raton, FL)
1001+ employees
Company mission
To power the world’s alternative investment marketplace.
Role
Who you are
- Bachelor's degree in finance, business administration, accounting, or a related field. MBA or relevant professional certifications (e.g., CPA, CFA) is preferred
- 10-15 years of experience in operational due diligence with 5-7 years directly in hedge funds, risk management, internal audit, or a related field within the investment industry
- Strong analytical and problem-solving skills with the ability to synthesize complex information
- Excellent written and verbal communication skills, with the ability to present findings clearly and persuasively
- Exceptional attention to detail and a commitment to delivering high-quality work
- Proven project management skills, with the ability to manage multiple projects and meet tight deadlines
- Strong interpersonal skills and the ability to build effective relationships with internal and external stakeholders
What the job involves
- ICapital is looking to hire a Vice President to join the Research and Education team
- The individual will be responsible for overseeing and conducting operational due diligence on prospective and current investments focusing on hedge funds
- The ideal candidate will have a deep understanding of operational risks, internal controls, and industry best practices
- This role requires a strategic thinker with exceptional analytical skills, and the ability to communicate complex findings effectively
- Conduct assessments of external hedge fund managers and comprehensive operational due diligence on investment opportunities, including site visits, interviews with senior members of the non-investment team, service provider confirmations and detailed analysis of operational processes
- Identify, evaluate, and mitigate operational risks associated with potential and existing investments
- Prepare and present detailed operational due diligence reports, summarizing findings and providing recommendations
- Perform ongoing monitoring of fund managers on a regular basis to ensure compliance with established standards and to identify material risks
- Engage in ad-hoc projects to support the Alternatives platform
- Work closely with Investment, Legal and Compliance teams and other stakeholders to ensure a holistic approach to due diligence and risk management
- Stay abreast of industry trends, regulatory changes, and best practices in operational due diligence and risk management
- Mentor and train junior team members, fostering a culture of continuous improvement and professional development
Our take
Alternative investing can yield huge profits, but it can often be inaccessible, even to enterprises. iCapital solves this problem by guiding large-scale businesses through the alternative investing process.
Since launching in 2013, iCapital has provided enterprises with an investing marketplace. Its focus has been on banking, wealth management, and asset management companies, and iCapital now serves clients such as JP Morgan, Evercore, and Rockefeller. As of February 2023, the company services over $153 billion in global client assets, clear evidence of industry confidence in the company.
iCapital's impact on the financial world is undeniable, forging strong and profitable partnerships with leading institutions like Morgan Stanley. With a proven track record and a rapidly growing platform, iCapital is poised for significant further expansion in the years to come.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 8 rounds)
Dec 2021
$50m
LATE VC
Jul 2021
$440m
GROWTH EQUITY VC
Total funding: $680.6m
Company HQ
Murray Hill, New York, NY
Leadership
Lawrence Calcano
(CEO)Previously worked as Director of Capitol Acquisition Corp., and served as Director of Vibrant Emotional Health for 10 years.
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