Operations Manager

Discerning Capital LLC; Las Vegas (NV); Hybrid; USD 55,000 - 75,000; Full time

Benefits offered by this job

Remote-friendly

Base Salary 65K+

Annual Cash Bonus

Carried Interest

Flexible vacation policy

Job summary

Discerning Capital LLC is seeking an Operations Manager to support our investment platform. You will work with the investment team to run fund operations from closings to regulatory compliance and build scalable infrastructure for growth.

The ideal candidate has 2–5 years as a paralegal at a Top-100 US law firm with private funds experience, thrives in a startup environment, and collaborates well within a small high-impact team.

Qualifications

• 2–5 years as a paralegal at a Top-100 US law firm with private funds exposure.
• Understanding of fund structures, investment documentation, and fund operations.

Responsibilities

• Support external fund administrators for equity and credit funds.
• Manage the full closing process for investments, including formation, banking, docs, subscriptions, KYC/AML, and wires.
• Support regulatory filings (SEC, FINRA) to maintain fund compliance.
• Handle ad hoc strategic tasks like NDA reviews, scheduling, investor requests, and meetings.

Skills

Paralegal experience

Fund operations knowledge

Ownership mindset

Team collaboration

Job description

Location: Remote Friendly (Las Vegas, NV Preferred)

About Discerning Capital

Discerning Capital (www.discerningcap.com) is an investment firm operating at the intersection of gaming, sports, media, and technology. We make minority equity investments and operate House Advantage, a private credit fund providing user acquisition financing to high-growth companies.

The Role

We're seeking an Operations Manager to serve as a key operational support for our investment platform. You'll work closely with our investment team to manage the day-to-day operations of our fund vehicles, from investment closings to regulatory compliance, helping build the infrastructure that supports our growth.

What You'll Do

Fund Operations & Administration

• Support external fund administrators for both equity and credit funds

Investment Execution

• Manage the full closing process for equity and credit investments, including entity formation, banking setup, fund documentation, subscription agreements, investor questionnaires, KYC/AML compliance, and wire coordination

Regulatory & Compliance

• Support SEC, FINRA, and other regulatory filings to maintain compliance across all fund vehicles

Strategic Operations

• Handle ad hoc priorities including NDA reviews, scheduling for the investment team, investor requests and meetings, and other emerging needs as the firm grows

Our Ideal Candidate

• Experience: 2-5 years as a paralegal at a Top-100 US law firm with significant experience working with private funds. You understand fund structures, investment documentation, and the operational requirements of managing investment vehicles.
• Mindset: You have intellectual curiosity, an ownership mentality, and genuine excitement about building a large investment firm from the ground up.
• Comfort with Ambiguity: Like the companies we invest in, we're a startup ourselves. You thrive in unstructured environments and are energized by creating order from complexity.
• Team Orientation: You're collegial and enjoy working closely with others in a small, high-impact team where everyone contributes to the mission.

What We Offer

• Remote-friendly with a preference for individuals willing to work in Las Vegas, NV
• Base Salary: $65K+ (commensurate with experience)
• Annual Cash Bonus tied to firm performance
• Carried Interest participation in fund performance
• Flexible vacation policy