Alternatives, Operational Due Diligence Analyst - Assistant Vice President

iCapital • Greenwich, CT

1d • $130,000 - $155,000 • Hybrid

About The Position

iCapital is hiring an Assistant Vice President to join its Research and Education team. The role oversees and conducts operational due diligence on prospective and current investments, applying knowledge of operational risks, internal controls, and industry best practices. It calls for strategic thinking, strong analytical skills, and the ability to communicate complex findings effectively.

The position assesses external fund managers, particularly those focused on private equity, private credit, hedge funds, and real assets. It includes conducting ongoing monitoring, preparing reports and recommendations, supporting Alternatives platform projects, and collaborating with Investment, Legal, Compliance, and other stakeholders. The role also mentors and trains junior team members.

Employees in this role work in the office Monday through Thursday and may work remotely on Friday.

Requirements

• Bachelor's degree in finance, business administration, accounting, or a related field.
• 6–10 years of experience for the Assistant Vice President role in operational due diligence, risk management, internal audit, or a related field within the investment industry.
• Strong analytical and problem-solving skills, including the ability to synthesize complex information.
• Excellent written and verbal communication skills and the ability to present findings clearly and persuasively.
• Exceptional attention to detail and commitment to high-quality work.
• Project management skills, including the ability to manage multiple projects and meet tight deadlines.
• Strong interpersonal skills and ability to build effective relationships with internal and external stakeholders.

Nice To Haves

• MBA or relevant professional certifications, such as CPA or CFA.

Responsibilities

• Conduct comprehensive operational due diligence on investment opportunities, including site visits, interviews with senior members of non-investment teams, service provider confirmations, and detailed analysis of operational processes.
• Assess external fund managers, focusing on private equity, private credit, hedge funds, and real assets.
• Identify, evaluate, and mitigate operational risks associated with potential and existing investments.
• Prepare and present operational due diligence reports that summarize findings and provide recommendations.
• Monitor fund managers regularly to assess compliance with established standards and identify material risks.
• Engage in ad-hoc projects supporting the Alternatives platform.
• Work with Investment, Legal, and Compliance teams and other stakeholders on due diligence and risk management.
• Stay current on industry trends, regulatory changes, and best practices in operational due diligence and risk management.
• Mentor and train junior members and foster continuous improvement and professional development.

Benefits

• Equity for all full-time employees.
• Annual performance bonus.
• Employer-matched retirement plan.
• Subsidized healthcare.
• Employer-paid dental, vision, telemedicine, and virtual mental health counseling.
• Parental leave.
• Unlimited paid time off (PTO).
• Remote-work flexibility on Fridays.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior