Fund Operations Senior Associate - Distributions

AngelList, LLC; San Francisco (CA); On-site; USD 99,000 - 121,000; Full time

Benefits offered by this job

Equity package

Job summary

AngelList, LLC seeks a Fund Operations Senior Associate on the Distributions Team within Belltower Fund Group. You will execute distributions across a portfolio of funds, coordinating with Fund Accounting, Legal, Compliance, and Tax teams.

The role emphasizes accuracy, process discipline, and timely workflows. You will manage distribution activities from initiation to payment, document controls, and look for automation opportunities to scale operations.

Qualifications

• 2–5 years of experience in private equity, venture capital, or fund administration.
• Experience supporting middle- or back-office operations for private investment funds, with distributions, capital activity, treasury/payments, or investor operations.
• Working understanding of private fund structures and relationships between funds, investors, portfolio investments, and fund administrators.
• Experience with high-volume, detail-oriented processes where accuracy and deadlines matter.

Responsibilities

• Review distribution requests and supporting documentation for accuracy and readiness before payments.
• Coordinate cash distribution and wire workflows, including approvals, tracking, and resolving failed payments.
• Review fund data, ownership info, payment instructions, distribution allocations for consistency.
• Investigate discrepancies and escalate issues to resolution.
• Maintain documentation and audit trails for distribution calculations, approvals, and payments.
• Identify recurring issues and drive process improvements to speed distributions and reduce errors.
• Contribute to SOPs, controls, and documentation as the team scales.
• Evaluate workflows with an automation-first mindset and explore AI opportunities to improve efficiency.

Skills

Private equity

Venture capital

Fund administration

Investor operations

Data accuracy

Excel/Google Sheets

Communication skills

Tools

Excel/Google Sheets

Job description

About Belltower Fund Group

Belltower, AngelList’s funds services division, is empowering world-changing fund investments.

About Belltower Fund Group

Belltower, AngelList’s funds services division, is empowering world-changing fund investments.

Belltower was formed in 2019 as AngelList’s native fund administrator. Belltower provides fund administration services to the venture space. Our coverage spans syndicates, venture funds, and first-of-their-kind rolling funds. Our full-service fund management offering streamlines the complexity of running a fund by integrating financial reporting, tax, compliance, portfolio management, and other services that managers typically have to cobble together from multiple vendors. Our services, combined with AngelList’s software, enable us to launch and scale a fund efficiently, allowing fund managers to focus on what they do best: investing.

Since 2019, Belltower has supported 27k+ funds representing over $25B in assets under administration, leveraging AngelList’s fund admin software to power the service layer for funds launched on the AngelList platform.

About The Role

As a Fund Operations Senior Associate on the Distributions Team, you will play a critical role in executing distributions across Belltower’s portfolio of investment funds. The Distributions Team sits within the Fund Accounting Team and is responsible for ensuring distribution events are executed accurately, efficiently, and with appropriate operational controls from initiation through completion.

This is a highly operational and detail-intensive role at the intersection of fund operations, investor activity, treasury, and fund accounting. While accounting experience is not required, successful candidates will have experience working with investment funds and an understanding of the operational lifecycle of private equity, venture capital, or similar closed-end investment vehicles.

The Fund Operations Senior Associate will report to the Distributions Team Manager and collaborate with Fund Accounting, Services, Legal/Compliance, and Tax teams. This role is well-suited for candidates who are highly organized, eager to learn, process-minded, and comfortable owning time-sensitive workflows where accuracy matters.

You will help manage distribution workflows across multiple funds and entities, coordinate with internal teams and external partners, review supporting documentation and fund data, prepare and track payments, resolve exceptions, and ensure distribution activity is accurately reflected across Belltower’s systems of record.

You Will

• Review distribution requests and supporting documentation for accuracy, completeness, and operational readiness before payments are initiated.


• Coordinate cash distribution and wire workflows, including preparing payment instructions, tracking required approvals, monitoring payment status, and resolving failed or returned payments.


• Review investor and fund data, including ownership information, payment instructions, distribution allocations, and other relevant records, to ensure information is complete and consistent across systems.


• Investigate and resolve discrepancies, exceptions, and operational breaks, escalating material issues when appropriate and following them through to resolution.


• Maintain clear documentation and audit trails supporting distribution calculations, approvals, payments, and other key decisions.


• Identify recurring operational issues and drive process improvements that increase distribution speed, reduce manual work and errors, and strengthen controls.


• Contribute to the development and maintenance of standard operating procedures, controls, and documentation as the Distributions Team scales.


• Evaluate existing workflows with an automation-first mindset and identify opportunities to use technology and AI to improve efficiency, scalability, and accuracy.

You Have

• 2–5 years of relevant experience in private equity, venture capital, private funds, fund administration, or investment operations.


• Experience supporting middle- or back-office operations for private investment funds, with exposure to distributions, capital activity, treasury/payments, investor operations, or similar fund life-cycle activities.


• A working understanding of private fund structures and the operational relationship between funds, investors, portfolio investments, and fund administrators.


• Experience working with high-volume, detail-oriented operational processes where accuracy, controls, and deadlines are critical.


• Strong attention to detail and the ability to review financial and operational data, identify inconsistencies, and investigate discrepancies.


• Strong written and verbal communication skills, including communicating issues clearly, escalating appropriately, and keeping stakeholders aligned.


• Strong Excel or Google Sheets skills and comfort working with financial data and large data sets.

Working Here

If you don’t meet every requirement above, we still encourage you to apply. We value complementary strengths and operators who learn by doing.

We operate out of hubs in New York City and San Francisco. For most roles on those teams, we work from the office at least two days per week (Tuesdays and either Wednesday or Thursday).

Compensation:

The compensation for this role consists of a competitive base salary, benefits, and equity package. The base salary for this role starts at $110,000+ annually but will vary based on a number of factors including a candidate’s professional background, experience, level, and location. Additional details about our Total Rewards package will be provided during the recruitment process.

Benefits:

We support your life both in and outside of work.

What Guides Us:

At AngelList, we are united in our purpose to accelerate innovation and build the future of private markets. Our beliefs and values shape what we work on and how we create impact. If the below resonate, we'd love to have you with us.

Belltower Funds, a division of AngelList, is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.