AVP, Operational Due Diligence — Hybrid Role

iCapital; Town of Greenwich (NY); Hybrid; USD 130,000 - 155,000; Full time

Benefits offered by this job

Employer matched retirement plan

Generously subsidized healthcare with

100% employer paid dental

Vision

Telemedicine

Virtual mental health counseling

Parental leave

Unlimited paid time off (PTO)

Job summary

iCapital is seeking an Assistant Vice President to join the Research and Education team in New York. You will oversee and conduct operational due diligence on investments, focusing on internal controls and industry best practices.

This role requires strategic thinking, strong analytical skills, and effective communication of complex findings. You will assess fund managers, identify operational risks, and mentor junior staff while collaborating with Legal and Compliance.

Qualifications

• Bachelor's degree in finance, business administration, accounting, or related field.
• MBA or CPA/CFA preferred.
• 6–10 years of experience for AVP level and 10–15 years for VP in operational due diligence, risk management, or related fields.
• Excellent written and verbal communication skills.
• Exceptionally strong attention to detail and commitment to quality work.
• Proven project management skills and ability to manage multiple projects.
• Strong interpersonal skills and ability to build internal and external relationships.

Responsibilities

• Conduct comprehensive operational due diligence on investment opportunities, including site visits and interviews with senior non-investment team members.
• Assess external fund managers focusing on private equity, private credit, hedge funds and real assets.
• Identify, evaluate, and mitigate operational risks for potential and existing investments.
• Prepare and present detailed operational due diligence reports with recommendations.
• Monitor fund managers regularly to ensure compliance with standards and identify material risks.
• Support ad-hoc projects for the Alternatives platform.
• Collaborate with Investment, Legal and Compliance teams to ensure holistic due diligence.
• Stay updated on industry trends, regulatory changes, and best practices in due diligence and risk management.
• Mentor and train junior team members to foster continuous improvement.

Skills

Analytical skills

Problem solving

Communication

Attention to detail

Project management

Stakeholder management

Interpersonal skills

Education

Bachelor's degree in finance, business administration, accounting, or related field

MBA or CPA/CFA preferred

Job description

iCapital is seeking an Assistant Vice President to join the Research and Education team in New York. You will oversee and conduct operational due diligence on investments, focusing on internal controls and industry best practices.

This role requires strategic thinking, strong analytical skills, and effective communication of complex findings. You will assess fund managers, identify operational risks, and mentor junior staff while collaborating with Legal and Compliance.