Full-Time

Hedge Fund Finance – Vice President / Senior Vice President

Confirmed live in the last 24 hours

iCapital Network

iCapital Network

1,001-5,000 employees

Connects advisors with alternative investment opportunities

Fintech
Financial Services

Compensation Overview

$150k - $230kAnnually

+ Equity + Annual Performance Bonus

Senior, Expert

Greenwich, CT, USA

Employees must work in the office Monday-Thursday, with remote flexibility on Friday.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Requirements
  • Bachelor’s degree in accounting or finance
  • 10+ years of fund accounting, fund administration, or finance operations experience with a focus on alternative investment funds including fund-of-funds and feeder funds
  • Advanced degree and/or credentials, such as CPA designation is a plus
  • Passion for the application of innovative technology
  • Advanced accounting skills and experience within an audit framework is preferred
  • Advanced Excel skills
  • Demonstrated capacity and willingness to work within a close team structure on all tasks
  • Excellent organizational skills and attention to detail and able to see the big picture
  • Proven ability to multi-task and work both independently and as a team player in a fast-paced, demanding environment
  • Strong verbal, written, and interpersonal communication skills
  • Eager to learn new topics and work in an evolving business environment
Responsibilities
  • Build and maintain relationships with underlying fund managers, fund administrators, and distributors.
  • Design and implement processes and procedures for servicing the funds. Partner closely with the management team to enhance and automate key processes, and develop and enhance product, management, and other reporting, targeting both efficiency and scale.
  • Work closely with Investor Relations, Product, Legal and Compliance, Technology, Sales, and Marketing teams to support fund operations.
  • Participate in new fund structuring, setup, and onboarding.
  • Monitor fund compliance with the partnership operating agreement terms.
  • Provide oversight of fund administrators and other service providers, ensure timely and accurate processing of financial reporting and capital activity deliverables
  • Monitor cash positions and liquidity of investments, reconciliations, and manage cash reserves.
  • Run accounts payable and expense allocation processes.
  • Define, update, and maintain operating policies and procedures.
  • Liaise with funds’ custodian and funds’ bank, as well as other counterparties as needed.
  • Work with counsel and Chief Compliance Officer to ensure general compliance with fund docs as well as regulatory filings and requirements such as SEC and FINRA.
  • Fulfill ad-hoc tasks as required by the team and different parts of the organization.

iCapital Network connects financial advisors with high net worth investors and top-tier alternative investment managers. The company focuses on alternative investments, which include options like private equity, hedge funds, and real estate, rather than traditional stocks and bonds. iCapital's platform simplifies the investment process, making it easier for affluent clients to diversify their portfolios and seek higher returns. Their business model offers a comprehensive solution that includes access to investment opportunities, educational resources, and support, with fees based on assets managed or invested. iCapital distinguishes itself by prioritizing user experience and education, helping clients navigate the complexities of alternative investments.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$662M

Headquarters

New York City, New York

Founded

2013

Growth & Insights
Headcount

6 month growth

27%

1 year growth

38%

2 year growth

61%
Simplify Jobs

Simplify's Take

What believers are saying

  • Strategic partnerships with firms like Blue Owl Capital, Endowus, and Ardian expand iCapital's reach and enhance its service offerings.
  • The acquisition of Mirador and the exclusive partnership with Unicorn Strategic Partners demonstrate iCapital's commitment to growth and market penetration.
  • iCapital's focus on user experience and seamless navigation of the alternative investment landscape ensures high client satisfaction and retention.

What critics are saying

  • The niche focus on alternative investments may limit iCapital's market appeal compared to more diversified financial service providers.
  • Integration challenges from acquisitions and partnerships could disrupt operations and affect service quality.

What makes iCapital Network unique

  • iCapital Network specializes in alternative investments, providing a curated selection of private equity, hedge funds, and real estate opportunities, unlike traditional financial service providers.
  • Their platform simplifies the complex process of investing in alternatives, making it more accessible and efficient for high net worth individuals and their advisors.
  • iCapital's strong emphasis on education and comprehensive support helps clients understand the benefits and risks associated with alternative investments, setting them apart from competitors.

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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