Alternatives, Operational Due Diligence Analyst - Vice President

iCapital; Greenwich, New York (CT, NY); Hybrid; USD 160,000 - 195,000; Full time

Benefits offered by this job

Equity for all full-time employees

Annual performance bonus

Employer matched retirement plan

Healthcare (100% employer paid dental,

Vision, telemedicine, and virtual well

Parental leave

Unlimited PTO

Job summary

iCapital is seeking a Vice President to lead the Research and Education team's operational due diligence efforts in the United States. The role requires a strategic thinker with strong analytical and communication skills to assess risks, controls, and best practices across private markets and real assets.

The VP will mentor staff and collaborate with Legal, Compliance, and Investment teams. The position offers a base salary of $160,000 to $195,000 with equity and an annual performance bonus,

Qualifications

• Bachelor's degree in finance, business administration, accounting, or related field; MBA or professional certifications preferred.
• 10-15 years of VP-level experience in operational due diligence, risk management, internal audit, or related field.

Responsibilities

• Oversee and conduct operational due diligence on investments and service providers.
• Identify, evaluate, and mitigate operational risks for current and prospective investments.
• Prepare and present detailed operational due diligence reports with recommendations.
• Monitor fund managers to ensure compliance with standards and identify material risks.
• Mentor and train junior team members.

Skills

Operational due diligence

Risk management

Internal controls

Analytics

Excellent communication

Project management

Education

MBA (preferred)

CPA/CFA (preferred)

Tools

None

Job description

About the Role

iCapital is looking to hire a Vice President to join the Research and Education team. The individual will be responsible for overseeing and conducting operational due diligence on prospective and current investments. The ideal candidate will have a deep understanding of operational risks, internal controls, and industry best practices. This role requires a strategic thinker with strong analytical skills, and the ability to communicate complex findings effectively.

Responsibilities

• Conduct comprehensive operational due diligence on investment opportunities, including site visits, interviews with senior members of the non-investment team, service provider confirmations and detailed analysis of operational processes.
• Conduct assessments of external fund managers, with a focus 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 detailed operational due diligence reports, summarizing findings and providing recommendations.
• Perform ongoing monitoring of fund managers on a regular basis to ensure compliance with established standards and to identify material risks.
• Engage in ad-hoc projects to support the Alternatives platform.
• Work closely with Investment, Legal and Compliance teams and other stakeholders to ensure a holistic approach to due diligence and risk management.
• Stay abreast of industry trends, regulatory changes, and best practices in operational due diligence and risk management.
• Mentor and train junior members, fostering a culture of continuous improvement and professional development.

Qualifications

• Bachelor's degree in finance, business administration, accounting, or a related field. MBA or relevant professional certifications (e.g., CPA, CFA) is preferred
• 10-15 years of experience for the VP levelin operational due diligence, risk management, internal audit, or a related field within the investment industry
• Strong analytical and problem-solving skills with the ability to synthesize complex information
• Excellent written and verbal communication skills, with the ability to present findings clearly and persuasively
• Exceptional attention to detail and a commitment to delivering high-quality work
• Proven project management skills, with the ability to manage multiple projects and meet tight deadlines
• Strong interpersonal skills and the ability to build effective relationships with internal and external stakeholders

The base salary range for this role is $160,000 to $195,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

iCapital is proud to be an Equal Employment Opportunity and Affimative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

iCapital Voluntary Self-Identification Questions [U.S. Only]

Candidates are invited to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in iCapital Network ’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, and you voluntarily decide to complete this survey, please indicate by making the appropriate selection. We request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded.

Voluntary Self-Identification of Disability

Why are you being asked to complete this?

The law requires us to provide equal employment opportunity to qualified people with disabilities. We request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake.

Completing this form is voluntary. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability.Disabilities include, but are not limited to:

• Alcohol or other substance use disorder (not currently using drugs illegally)
• Blind or low vision
• Cancer (past or present)
• Cardiovascular or heart disease
• Celiac disease
• Cerebral palsy
• Deaf or serious difficulty hearing
• Diabetes
• Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
• Epilepsy or other seizure disorder
• Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
• Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
• Missing limbs or partially missing limbs
• Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
• Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
• Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
• Partial or complete paralysis (any cause)
• Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema

This survey should take about 5 minutes to complete.

Voluntary Self-Identification: What is your Gender? Select...

Voluntary Self-Identification: Are you Hispanic / Latino? Select...

Voluntary Self-Identification: Please identify your race if not Hispanic / Latino Select...

Voluntary Self-Identification: What is your veteran status? Select...

Voluntary Self-Identification: What is your disability status? Select...