I
Transactional Operations - Assistant Vice President
full-time•Salt Lake City•$100k - $130k
About this role
<p><strong>About the Role</strong></p>
<p><strong>iCapital is seeking a strategically minded and experienced Assistant Vice President to join the Transactional Operations team, with a primary focus on leading investor lifecycle management and onboarding oversight. This role is critical in shaping operational excellence across multiple fund structures, including feeder funds, Direct Funds, and Ticker‑Traded Interval Funds. This individual will oversee complex investor transactions, drive cross‑functional initiatives, and serve as a senior operational partner to internal and external stakeholders.</strong></p>
<p><strong>Responsibilities</strong></p>
<ul>
<li>Lead and oversee end‑to‑end onboarding and transactional processing across multiple investment products.</li>
<li>Manage relationships with fund administrators, ensuring timely and accurate investor transaction processing.</li>
<li>Oversee complex investor activity, including subscriptions, redemptions, transfers, and trade reconciliations.</li>
<li>Serve as a senior operations liaison to high‑profile fund managers and distributors during fundraising and closings.</li>
<li>Partner with Technology, Product, and Operations leadership to enhance platform functionality and scalability.</li>
<li>Mentor and guide junior team members, setting standards for quality and communication.</li>
<li>Analyze operational metrics to identify automation and process‑improvement opportunities.</li>
<li>Participate in cross‑functional initiatives supporting product expansion and regulatory requirements.</li>
</ul>
<p><strong>Qualifications</strong></p>
<ul>
<li>Bachelor's degree in a related field</li>
<li>6-12+ years of experience in financial services, ideally within alternative investments or fund administration</li>
<li>Deep expertise in alternative investment transaction workflows</li>
<li>Strong understanding of AML or KYC, tax documentation, and CRS requirements</li>
<li>Proven leadership experience, with the ability to drive initiatives and influence stakeholders</li>
<li>Excellent organizational, communication, and interpersonal skills</li>
<li>Able to manage multiple high‑priority tasks in a fast‑paced environment</li>
<li>Proficiency in Microsoft Office applications and comfort using technology and data‑oriented tools</li>
</ul>
<p><strong>Benefits</strong></p>
<p>The base salary range for this role is $100,000 to $130,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).</p>
<p>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.</p>
<p>For additional information on iCapital, please visit <a href="https://www.icapitalnetwork.com/about-us">https://www.icapitalnetwork.com/about-us</a> Twitter: @icapitalnetwork | LinkedIn: <a href="https://www.linkedin.com/company/icapital-network-inc">https://www.linkedin.com/company/icapital-network-inc</a> | Awards Disclaimer: <a href="https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.icapitalnetwork.com%2Fabout-us%2Frecognition%2F&data=05%7C01%7Ckturlis%40icapitalnetwork.com%7C7f07161790634b9fc3fc08da748bec16%7C0ac51d2823c34b35a9fbe1a17aa9eff1%7C0%7C0%7C637950441561507201%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=HAZm4uhhP8r6HVKnBqOMq5jbXmgOrHlsPCur9U4JRis%3D&reserved=0">https://www.icapitalnetwork.com/about-us/recognition/</a></p>
<p>iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.</p>
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What you'll do
- This role involves leading and overseeing end-to-end onboarding and transactional processing across various investment products while managing relationships with fund administrators for accurate investor transaction processing. The individual will also serve as a senior operations liaison to high-profile fund managers and distributors during critical fundraising and closing periods.
About iCapital
Innovating at the intersection of technology and investment opportunity, iCapital streamlines the integration of alternative investment strategies into client portfolios. For asset managers seeking to capture private wealth assets and advisors looking to diversify through private market investing, iCapital provides the means to grow and scale efficiently.
At the forefront of the digital transformation in alternative investing, iCapital’s secure platform delivers a complete portfolio of management capabilities for education, transactions, data flows, analytics, and client support throughout the investment lifecycle. With $880 billion of global volume activity on platform, inclusive of $220 billion in global alternative assets, the iCapital operating system automates and streamlines the complex process of private market investing and seamlessly integrates with clients’ existing infrastructure platform and tools.
iCapital employs more than 1,750 people globally and has 16 offices worldwide, including New York, Greenwich, Zurich, Lisbon, London, Hong Kong, Singapore, Tokyo, and Toronto. iCapital has consistently been recognized for its outstanding innovation, fintech industry leadership, and performance, including CNBC World Top Fintech Companies for 2024, and Forbes Fintech 50 for seven consecutive years since 2018.
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Frequently Asked Questions
What does iCapital pay for a Transactional Operations - Assistant Vice President?
iCapital offers a competitive compensation package for the Transactional Operations - Assistant Vice President role. The salary range is USD 100k - 130k per year. Apply through Clera to learn more about the full compensation details.
What does a Transactional Operations - Assistant Vice President do at iCapital?
As a Transactional Operations - Assistant Vice President at iCapital, you will: this role involves leading and overseeing end-to-end onboarding and transactional processing across various investment products while managing relationships with fund administrators for accurate investor transaction processing. The individual will also serve as a senior operations liaison to high-profile fund managers and distributors during critical fundraising and closing periods..
Is the Transactional Operations - Assistant Vice President position at iCapital remote?
The Transactional Operations - Assistant Vice President position at iCapital is based in Salt Lake City, Utah, United States. Contact the company through Clera for specific work arrangement details.
How do I apply for the Transactional Operations - Assistant Vice President position at iCapital?
You can apply for the Transactional Operations - Assistant Vice President position at iCapitaldirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.