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Full-Time

Senior Fund Management Associate

Remote

Confirmed live in the last 24 hours

Yieldstreet

Yieldstreet

201-500 employees

Platform for alternative investments access

Fintech
Real Estate

Compensation Overview

$125kAnnually

+ Bonus + Benefits + Equity

Senior

New York, NY, USA

Remote option available, but New York is a potential in-office location.

Category
Private Equity
Finance & Banking
Requirements
  • 4-6 years of experience in accounting for private equity funds, with preference given to experience at a private equity firm, fund administrator or public accounting organization
  • Bachelor’s degree in accounting required
  • Very strong analytical skills, research skills and business acumen - ability to rapidly come up to speed on new issues and identify the critical questions to be addressed
  • Initiative and results-oriented, with a focus on continuous improvement
  • Excellent interpersonal skills, including ability to work well with direct and cross-functional teams as a leader and a collaborator; experience partnering with internal and external partners to perform accounting, reporting, and financial operations
  • Highly communicative, organized and able to prioritize when presented with competing tasks
  • Self-directed, self-starter, and motivated with the ability to work with minimal supervision in a complex organization; able to think independently and challenge/escalate issues in an appropriate manner.
  • Demonstrated aptitude of general business computer applications
  • Meticulous attention to detail
  • Excellent quantitative and qualitative skills, including strong oral and written communication
  • Commitment to work in high-paced, dynamic and collaborative environment
Responsibilities
  • Responsible for direct oversight of all activities related to Cadre’s Fund and financial statement reporting including working on the year-end audit/tax filings.
  • Ensure the fiscal integrity of the business through diligent reviews of all day-to-day accounting and operational activities, including but not limited to reviewing and executing investor distributions, syndications and communications.
  • Proactively strengthen processes, and be accountable for accuracy, integrity, timeliness, and consistency through regular and consistent review of transactions recorded by the external Fund Administrator.
  • Closely partner with key stakeholders, building strong relationships with internal and external partners to enhance technology supporting the Fund Management operational functions and provide quarterly valuation support.
  • Develop detailed working knowledge of the organization and how the functions partner together internally and with external auditors/third-party administrators.
  • Actively develop and maintain strong relationships with non-finance business stakeholders to provide guidance for current business developments and serve as an escalation point.
  • Educate and engage with the broader organization on investor reporting, sharing opportunities for continuous improvement of our processes.
  • Assist in addressing investor queries.

Yieldstreet provides a platform for individual investors to access alternative investments like real estate, private credit, and private equity, which are typically reserved for institutional investors. The company stands out by offering a wide selection of vetted investment opportunities, with only 10% of evaluated deals being approved, ensuring high-quality options for its users. Yieldstreet generates revenue through fees on investments and maintains transparency by publishing returns on matured investments. Its goal is to help clients diversify their portfolios and achieve consistent returns, especially during unstable market conditions.

Company Stage

Series C

Total Funding

$794.7M

Headquarters

New York City, New York

Founded

2015

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-3%

2 year growth

0%
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Simplify's Take

What believers are saying

  • Yieldstreet's strategic acquisition of Cadre enhances its leadership position in the private market investment space.
  • The partnership with Wilshire allows Yieldstreet to offer even more diversified private market portfolios to its clients.
  • The appointment of experienced executives like Michael Weisz and Ted Yarbrough strengthens the company's leadership and strategic direction.

What critics are saying

  • The alternative investment market is highly competitive, requiring Yieldstreet to continuously innovate to maintain its edge.
  • The platform's focus on high-quality vetting may limit the number of available investment opportunities, potentially constraining growth.

What makes Yieldstreet unique

  • Yieldstreet democratizes access to alternative investments, traditionally reserved for institutional investors, making them accessible to a broader audience.
  • The platform's rigorous vetting process, approving only 10% of evaluated deals, ensures high-quality investment opportunities for its users.
  • Yieldstreet offers a broader selection of alternative asset classes than any other platform, providing extensive diversification options.

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