Fund Operations & Compliance Lead

Sanabil Venture Studio; Riyadh; On-site; SAR 350,000 - 550,000; Full time

Benefits offered by this job

Competitive pay

Premium gear

Close access to leadership

Lifecycle visibility

Accelerated learning

Job summary

Sanabil Studio seeks a Fund Administration Manager to oversee day-to-day fund operations across multiple entities and jurisdictions, coordinating with our fund administrator (Apex), GP (Maples), legal counsel, and auditors to ensure execution and audit-ready records.

You will manage capital calls, track expenses against LPAs, and maintain a live audit trail while ensuring governance actions like board resolutions are completed on time.

Qualifications

• 5-10+ years in fund operations, fund administration, VC or PE.
• Strong understanding of capital calls, fund structures and LPA.
• Organized and detail-oriented with multi-entity coordination.
• Proven follow-up and stakeholder management across jurisdictions.

Responsibilities

• Oversee day-to-day fund operations across entities, coordinating with administrators, GP, counsel, and auditors.
• Execute and track all instructions with real-time status and escalation if delays occur.
• Coordinate capital calls end-to-end, maintain live cash tracker and audit trail.
• Track fund expenses against LPA limits, validate invoices and flag non-compliant costs.
• Ensure entities are in good standing; coordinate board/shareholder resolutions and director changes.
• Support CR issuances and bank account setup for portfolio companies with counsel and providers.
• Maintain centralized audit-ready records including KYC/identity docs.
• Log communications and approvals across all parties for full traceability.
• Coordinate the audit process and ensure data/document readiness.
• Develop structured tracking systems for tasks, docs, and approvals.

Skills

Fund operations

Fund administration

Venture capital

Private equity

Attention to detail

Stakeholder management

Tools

Apex

Maples

LPA governance

Job description

Sanabil Studio seeks a Fund Administration Manager to oversee day-to-day fund operations across multiple entities and jurisdictions, coordinating with our fund administrator (Apex), GP (Maples), legal counsel, and auditors to ensure execution and audit-ready records.

You will manage capital calls, track expenses against LPAs, and maintain a live audit trail while ensuring governance actions like board resolutions are completed on time.