Alternatives, Operational Due Diligence Analyst - Vice President

iCapital; Town of Greenwich (NY); Hybrid; USD 160,000 - 195,000; Full time

Benefits offered by this job

Equity

Annual bonus

Employer matched retirement plan

Comprehensive health benefits

100% employer paid dental, vision

Telemedicine

Parental leave

Unlimited PTO

Hybrid schedule: Mon-Thu in office,Fri

Job summary

iCapital is hiring a Vice President to lead operational due diligence within the Research and Education team in New York. You will oversee diligence on investments, manage risks, and present findings to senior stakeholders.

The role requires deep knowledge of operational controls, strong communication, and the ability to mentor junior staff while aligning with industry best practices. Office-based with some remote work possible.

Qualifications

• Bachelor's degree in finance, business administration, accounting, or related field; MBA or CPA/CFA preferred.
• 10-15 years of VP-level experience in operational due diligence, risk management, internal audit or related field in investments.
• Strong analytical and problem-solving skills with ability to synthesize complex information.
• Excellent written and verbal communication skills for presenting findings clearly.
• Exceptional attention to detail and commitment to high-quality work.
• Proven project management skills and ability to handle multiple deadlines.
• Strong interpersonal skills to build relationships with internal and external stakeholders.

Responsibilities

• Conduct comprehensive operational due diligence on investment opportunities, including site visits and interviews.
• Assess external fund managers focusing on private markets and real assets.
• Identify, evaluate, and mitigate operational risks for potential and existing investments.
• Prepare and present detailed due diligence reports with recommendations.
• Monitor fund managers regularly for compliance and risk identification.
• Engage in ad-hoc projects to support the Alternatives platform.
• Collaborate with Investment, Legal, and Compliance teams for a holistic approach.
• Stay updated on industry trends, regulatory changes, and best practices.
• Mentor and train junior team members to foster continuous development.

Skills

Operational due diligence

Risk management

Internal audit

Analytical skills

Communication skills

Project management

Stakeholder management

Attention to detail

Education

Bachelor's degree in finance/business

MBA or CPA/CFA preferred

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 level in 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

Benefits

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.

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and Affidavit 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.