Fund Ops Senior Associate — Distributions & Payments

AngelList; New York (NY); Hybrid; USD 99,000 - 121,000; Full time

Benefits offered by this job

Equity package

Hybrid work model

Total rewards package

Job summary

AngelList is hiring a Fund Operations Senior Associate in New York to execute distributions across a portfolio of private funds. You will be part of the Distributions Team within Fund Accounting, coordinating with internal teams and external partners to ensure accurate, timely payments and strong controls.

The role emphasizes operational lifecycle understanding of private equity or venture capital funds, meticulous data handling, and collaboration with Legal/Compliance, Tax, and Services teams.

Qualifications

• 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.

Responsibilities

• 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.

Skills

Private equity

Venture capital

Private funds

Fund administration

Investment operations

Excel

Google Sheets

Tools

Excel

Google Sheets

Job description

AngelList is hiring a Fund Operations Senior Associate in New York to execute distributions across a portfolio of private funds. You will be part of the Distributions Team within Fund Accounting, coordinating with internal teams and external partners to ensure accurate, timely payments and strong controls.

The role emphasizes operational lifecycle understanding of private equity or venture capital funds, meticulous data handling, and collaboration with Legal/Compliance, Tax, and Services teams.