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iCapital Network

Connects wealth managers to alternative investments

Transactional Operations Strategic Transformation - Assistant Vice President, Vice President

Full-TimeUpdated on 10/23/2026
$135k - $175k+ Equity + Annual performance bonus
Senior
Bachelor's
Greenwich, CT, USA
HybridWorks in the office Monday–Thursday and remotely Friday.
Business & StrategyBusiness Operations

About the job

Requirements
  • Bachelor's degree in finance, business, operations, or a related field.
  • 6+ years of experience in financial services, operations, consulting, product strategy, or transformation roles.
  • Strong understanding of alternative investment operations and transaction lifecycle workflows.
  • Proven experience leading large-scale cross-functional programs and strategic initiatives.
  • Demonstrated ability to improve processes through automation, technology, data, and operational redesign.
  • Experience developing operating models, governance frameworks, controls, and performance metrics.
  • Strong analytical, problem-solving, and project management skills.
  • Excellent communication and stakeholder management capabilities.
  • Ability to influence across business, product, technology, and operations teams.
Responsibilities
  • Lead strategic transformation initiatives across Transactional Operations, managing complex programs from business case development through implementation, adoption, and transition into business-as-usual operations.
  • Partner with Product, Technology, and Data teams to align roadmap priorities and platform capabilities to support both internal teams and external clients.
  • Prepare executive-level recommendations, project updates, and strategic roadmaps.
  • Drive major industry partnership initiatives that enable straight-through processing and workflow standardization across the Alternative Investments industry.
  • Design and implement scalable operating models, controls, governance frameworks, and standard operating procedures.
  • Drive operational automation, workflow optimization, and AI-enabled solutions to reduce manual effort and improve scalability.
  • Represent as the operational subject matter expert on transaction lifecycle initiatives spanning subscriptions, redemptions, transfers, direct funds, ticker-traded products, and related new initiatives.
  • Establish key performance indicators, dashboards, and management reporting to improve operational transparency and performance.
Desired Qualifications
  • Knowledge of private funds, registered funds, interval funds, and alternative investment platforms.

About the company

iCapital Network, branded as iCapital, develops technology and services for wealth managers, asset managers, institutional investors and family offices. Its marketplace connects advisors with alternative investments, structured products and annuities, while enterprise platforms manage subscriptions, investor onboarding, documents and investment reporting. The company also structures and services access funds and supplies data management and compliance workflows for financial firms. It earns management, servicing and investor-placement fees through its investment arrangements, with compensation varying by product and agreement. Founded in 2013, iCapital is headquartered in New York City, New York.

Company Size

1,001-5,000

Company Stage

Late Stage VC

Total Funding

$1.5B

Headquarters

New York City, New York

Founded

2013

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Simplify's Take

What believers are saying

  • Marketplace breadth supports distribution: iCapital's July 2026 snapshot listed 2,644 funds and 60 integrated platform and service partners.
  • Infrastructure collaboration adds a partner: September 2026 iCapital and DTCC announced plans to further integrate DTCC's Alternative Investment Product.
  • Benefits cover premiums: iCapital's US Account Manager Associate role lists dental and vision premiums as fully employer paid.

What critics are saying

  • Compensation creates disclosed conflicts: iCapital's terms identify management and placement fees that incentivize favoring paying fund managers.
  • New York engineering work requires attendance: iCapital's AI Engineer Assistant Vice President role specifies office work Monday through Thursday.
  • Greenwich sales work involves travel: iCapital's Hybrid Sales Associate/Assistant Vice President role estimates 25% to 40% travel within its territory.

What makes iCapital Network unique

  • Client brands retain their storefront: iCapital's Custom Platform Solution combines digital subscriptions, document management and feeder-fund servicing.
  • Investor identity carries across investments: iCapital Identity Solutions reuses approved AML/KYC records, subject to regulatory and refresh requirements.
  • Fund operations share data: iCapital DLT connects administrators, custodians and distributors through an API-first ledger for investment lifecycle workflows.

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Benefits

  • COmprehensive benefits package - Salary, Equity, Annual Performance Bonus, Employer Matched Retirement Plan
  • Generally Subsidized Healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling
  • Unlimited PTO
  • Parental Leave

Company News

CompWorth
Jul 11th, 2025
iCapital Raises $820 Million in Landmark Funding to Accelerate Growth

On July 11, 2025, iCapital unveiled an impressive $820 million funding round led by T. Rowe Price and SurgoCap Partners, propelling the fintech to a valuation exceeding $7.5 billion.

FinSMEs
Jul 10th, 2025
iCapital Closes Over $820M Capital Raise, Valued at Over $7.5 Billion

iCapital, a NYC-based fintech company offering investment products, raised over $820M with the completion of its latest financing round, at over $7.5 Billion valuation.

iCapital
Jul 10th, 2025
iCapital® Completes Over $820 Million Capital Raise, Valuation Surpasses $7.5 Billion

iCapital is transforming global investing with innovative fintech solutions, powering scalable access to alternatives and structured investments.

TradingView
Jul 10th, 2025
iCapital raises $820M in funding

iCapital, a private-markets tech provider, has raised over $820 million, according to a report by the Wall Street Journal.

PR Newswire
May 22nd, 2025
Cambridge And Icapital® Expand Relationship To Provide Enhanced Access To Alternative Investment Vehicles, Research, And Education

Expanded relationship will support the growing demand for alternatives among their financial professionals and their high-net-worth clientsFAIRFIELD, Iowa, May 22, 2025 /PRNewswire/ -- Cambridge, a leading independent financial solutions firm serving 3,800 financial professionals across the country, announced it has expanded its relationship with iCapital1, a global fintech platform driving the world's alternative investment marketplace for the wealth and asset management industries. The expanded relationship will provide Cambridge financial professionals with enhanced access to alternative investment vehicles, research, and education.Cambridge's financial professionals can now access the full scope of iCapital's platform including asset class level strategies and products, education, and research insights in alternative investments, driving significant value for financial professionals and their high-net-worth clients."Alternatives have become a critical piece of the portfolio construction process for many high-net-worth investors looking for differentiated investment solutions," said Jeff Vivacqua, President, Growth and Development and member of Cambridge's Office of the CEO. "Through our expanded relationship with iCapital, Cambridge financial professionals will now have access to industry-leading solutions that can support them in meeting the growing demand for these alternative investment vehicles from their clients."In 2023, Cambridge launched its Private Client Solutions (PCS) offering to address demand for HNW and ultra-high-net-worth (UHNW) client solutions from its financial professionals. A major component of those offerings was access to alternative investment vehicles, research, and education. PCS provides Cambridge financial professionals with the resources, solutions, and personal support they need to deliver a customized service experience to HNW and UHNW clients. This expanded relationship with iCapital will further enhance these capabilities.About CambridgeCambridge is a financial solutions firm focused on serving independent financial professionals and their clients while preserving its internal control