iCapital Network is the financial technology platform democratizing alternative investments with complete tech-based solutions for investors, advisors and asset managers. The firm’s flagship platform offers high-net-worth investors and independent wealth advisors a curated menu of private equity and hedge funds at lower minimums with a full suite of due diligence and administrative support in a secure digital environment. Banks and asset managers leverage iCapital’s tech-enabled services to streamline and scale their private investments operational infrastructure. iCapital was included in the 2018 Forbes FinTech 50 and as of June 30, 2018 serviced more than $6 billion in invested capital across more than 14,000 underlying accounts.
iCapital is looking for an Associate to join their Fund Administration and Operations team with a focus on PE fund administration. This position will report to the Senior Vice President, Fund Administration and work closely with various teams across iCapital on a variety of matters with responsibilities to include:
• Define, implement and maintain processes and procedures for servicing private equity feeder and multi-manager funds
• Work in close partnership with product and technology teams to enhance and automate key operational processes, and to develop and enhance product, management, and other reporting, targeting both efficiency and scale
• Participate in new fund structuring, set up and onboarding new products with administrators and custodians
• Operational responsibility for servicing private equity funds in conjunction with third-party administrator:
- Provide oversight of fund administrators and other service providers, such as auditors, tax service providers, and custodians
- Manage all fund accounting and financial reporting to investors, including RIA and DTCC position reporting
- Follow and adhere to procedures for all subscriptions / redemptions / capital calls / distributions
- Oversee quarterly and annual reporting to investors, their advisors and custodians through iCapital’s proprietary reporting platform
- Liaise with custodians as well as other counterparties as needed
- Work with counsel and CCO to resolve problems as it pertains to general fund administration issues in a timely fashion to ensure general compliance with fund docs, SEC and FINRA
- Monitor fund cash positions and reconciliations, manage cash reserves
- Run accounts payable and expense allocation process
- Oversee annual financial audits and tax deliverables
• Ad-hoc activities as required by different parts organization
The ideal candidate may also possess the following critical qualities for success:
• Bachelor’s degree in Finance, Accounting or other business-related field; CPA or other accounting designation a plus
• 2-5 years of accounting and operations experience, with a focus on PE fund administration and operations. Feeder and multimanager fund experience is highly desired
• Passion for the application of innovative technology
• Understanding of product management processes, a plus
• Proven ability to multi-task and work both independently and as a team player in a fast-paced, demanding environment
• Strong verbal, written and interpersonal communication skills
• High level of integrity
• Willingness to learn new topics and work in an evolving business environment
• Organized and detailed oriented with big picture capability
All your information will be kept confidential according to EEO guidelines.
...based on experience) Primary Purpose Receives, records and dispatches service calls and requests to ensure that security and public... ...assistance and radio dispatch officers to provide appropriate police response. Operate National and State Criminal Information Network...
...support Analytical Application Integration by helping sustain software, maintain system interoperability, support testing, and assist... .... You will work alongside experienced software and systems engineers to learn how mission applications connect to upstream and downstream...
POSITION SUMMARY/RESPONSIBILITIES Assists Community First Health Plan (CFHP) members regain optimum health or improved functional capacity by ensuring that members have access to all of the health care services they need in the most efficient and effective manner possible...
...Description Job Description Do you want to make a difference and be a Hero in Healthcare as a CNA , Then JOIN OUR TEAM FOR FREE TRAINING CLASSES AT THE WATERS FACILITIES IN EAST TN !!!! Classroom Classes will be held at the Waters of Bristol in Bristol TN where then...
...chaplaincyBCC - CANADIAN SPIRITUAL, upon hire orBoard Certified Chaplain APC, upon hire orCatholic Chaplain, upon hire orBCC - JEWISH CHAPLAIN, upon hireWhere You'll WorkMercy Medical Center Redding offers comprehensive health care to nearly 300,000 residents in...