FinTech, Financial Services, Wealth Management

Alternatives, Operational Due Diligence Analyst - Assistant Vice President

Toronto, ONHybridFull TimeCA$125,000–CA$155,000 /yrPosted 2 days ago

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Required skills

operational due diligence
investment opportunities
site visits
service provider confirmations
operational processes
external fund managers
private equity
private credit
hedge funds
real assets

Nice to have

Role summary

iCapital is seeking an Assistant Vice President for its Research and Education team to conduct operational due diligence on investment opportunities. This role involves assessing operational risks, internal controls, and industry best practices within the investment industry, focusing on alternatives like private equity, private credit, hedge funds, and real assets. Responsibilities include preparing detailed reports, ongoing monitoring of fund managers, and collaborating with internal teams. The position requires strong analytical, project management, and communication skills, with 6-10 years of relevant experience. A Bachelor's degree in finance, business, or accounting is required, with an MBA or professional certifications preferred. The role offers a hybrid work model and a comprehensive benefits package.

About the Role

iCapital is looking to hire an Assistant Vice President to join the Research and Education team. The individual will be responsible for overseeing and conducting operational due diligence on prospective and current investments. The ideal candidate will have a deep understanding of operational risks, internal controls, and industry best practices. This role requires a strategic thinker with strong analytical skills, and the ability to communicate complex findings effectively.

Responsibilities

Conduct comprehensive operational due diligence on investment opportunities, including site visits, interviews with senior members of the non-investment team, service provider confirmations and detailed analysis of operational processes.

Conduct assessments of external fund managers, with a focus on private equity, private credit, hedge funds and real assets.

Identify, evaluate, and mitigate operational risks associated with potential and existing investments.

Prepare and present detailed operational due diligence reports, summarizing findings and providing recommendations.

Perform ongoing monitoring of fund managers on a regular basis to ensure compliance with established standards and to identify material risks.

Engage in ad-hoc projects to support the Alternatives platform.

Work closely with Investment, Legal and Compliance teams and other stakeholders to ensure a holistic approach to due diligence and risk management.

Stay abreast of industry trends, regulatory changes, and best practices in operational due diligence and risk management.

Mentor and train junior members, fostering a culture of continuous improvement and professional development.

Qualifications

Bachelor's degree in finance, business administration, accounting, or a related field. MBA or relevant professional certifications (e.g., CPA, CFA) is preferred

6 - 10 years of experience for the AVP role and 10-15 years of experience for the VP level in operational due diligence, risk management, internal audit, or a related field within the investment industry

Strong analytical and problem-solving skills with the ability to synthesize complex information

Excellent written and verbal communication skills, with the ability to present findings clearly and persuasively

Exceptional attention to detail and a commitment to delivering high-quality work

Proven project management skills, with the ability to manage multiple projects and meet tight deadlines

Strong interpersonal skills and the ability to build effective relationships with internal and external stakeholders

Benefits

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

iCapital offers a comprehensive benefits package that includes a competitive total compensation package consisting of salary, bonus, and equity for all full-time employees. The base salary range for this role is $125,000 CAD to $155,000 CAD The Company pays 100% of the premium for all Group Benefits for you and your dependents. Some of these benefits include medical, dental, vision, prescription, life insurance and long-term disability. We offer a variety of Retirement Plans so of which have a company match. We offer unlimited Paid Time Off (PTO) and most employees the flexibility to work in the office three to four days and remotely for the remainder of the week. Every department has different needs, and some positions will be designated in-office jobs, based on their function. For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to support a fair and inclusive workplace, in which all applicants have an opportunity to fulfill their potential and every person has the right to equal treatment with respect to employment without discrimination. iCapital does not tolerate any discrimination contrary to the Ontario Human Rights Code, including on the grounds of race, ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity, gender expression, age, record of offences, marital status, family status or disability.

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Alternatives, Operational Due Diligence Analyst - Assistant Vice President

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