Manager – Risk, Processes & Controls | Special Situations

Daley And Associates, LLC; Boston (MA); Hybrid; USD 115,000 - 130,000; Full time

Job summary

Daley And Associates, LLC in Boston is seeking a Manager – Risk, Processes & Controls to support a growing Special Situations platform. The role emphasizes ownership of operational controls, risk management, and fund governance alongside senior leadership.

You will lead audits (SOC 1, AUP, financial statements), coordinate fund launches and wind-downs, oversee custody-related processes, and drive process improvements while ensuring continuity across Finance, Legal, Compliance and Operations.

Qualifications

• 6+ years of experience in fund operations, risk, controls, fund administration, or related function.
• Experience in alternative investment management or financial services.
• Strong understanding of fund operations, custody, and operational controls.

Responsibilities

• Own fund-specific audit processes (SOC 1, AUP, financial statement audits) from start to finish.
• Coordinate new fund launches and wind-downs with Finance, Legal, Compliance, and Operations.
• Oversee custody-related processes and ensure assets are properly accounted for.

Skills

Fund operations

Risk management

Controls

Project management

Cross-functional communication

Independence

Education

Bachelor’s degree

CPA/CFA a plus

Job description

Manager – Risk, Processes & Controls | Special Situations

Boston, MA | Hybrid

$115,000 – $130,000 Base + Bonus

We are workingwith a leading global alternative investment firm for a Manager, Risk, Processes & Controls supporting a growing Special Situations platform.

This is an excellent opportunity for an experienced professional with a background in fund operations, risk, controls, fund administration, or alternative investments to take ownership of critical operational processes and work closely with senior leadership.

Key Responsibilities:

• Own fund-specific audit processes from start to finish, including SOC 1, AUP, financial statement audits, and other operational reviews


• Coordinate new fund/strategy launches and fund wind-downs across Finance, Legal, Compliance, and Operations


• Oversee custody-related processes and help ensure assets are appropriately accounted for


• Lead process improvement initiatives, control remediation, and workflow optimization


• Manage Business Continuity and Disaster Recovery programs, including annual testing and remediation


• Manage relationships with fund administrators, custodians, and other outsourced service providers


• Maintain fund governance documentation, policies, procedures, and process maps


• Partner with senior leadership on special projects and strategic initiatives

Ideal Background:

• 6+ years of experience in fund operations, risk, controls, fund administration, or a related function


• Experience within alternative investment management or financial services


• Strong understanding of fund operations, custody, and operational controls


• Experience managing audits, SOC 1, AUP, or similar control frameworks


• Strong project management and cross-functional communication skills


• Highly organized, proactive, and comfortable operating independently


• Bachelor’s degree required; Finance, Accounting, Business, or Economics preferred


• CPA, CFA, or similar designation is a plus

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