Investor Reporting - Vice President

iCapital is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $105 billion in global client assets invested in close to 900 funds, as of December 2021.

iCapital was named Solutions Provider of the Year at the 2020 MMI/Barron’s Industry Awards and selected to the 2018, 2019, 2020 and 2021 Forbes FinTech 50, a list of the top 50 innovative financial technology companies that are transforming finance through technology.

About the Role

iCapital’s Reporting department provides private fund reporting support to its rapidly growing investor base. This role will be responsible for the review and distribution of private fund capital event and performance updates for private equity and hedge fund-of-funds/feeder funds. This position will regularly interact with industry leading wire houses, as well as investment and accounting professionals, at the underlying private equity and hedge funds. This role will report to the Head of the Reporting Team.

Responsibilities

• Oversee a Reporting team based in Greenwich, CT.
• Work as part of a team of investment professionals responsible for the review of client reports for private equity, real estate, secondary, and credit fund-of-funds/feeder funds.
  • On a quarterly basis, review, digest, and extract information from reports provided by the underlying private equity sponsors to draft concise, informative updates for our access fund investors.
  • Prepare, analyze, and review quantitative fund and portfolio company performance information for inclusion in investor reports. Liaise with administrators to determine correct quantitative data for reporting purposes and be able to understand portfolio company performance and fund valuation drivers.
  • Coordinate internal Compliance review and approvals.
  • Ensure timely distribution of reports to clients and relationship managers.
• Manage and lead staff by planning and evaluating department activities. Maintain staff by recruiting and training employees.
• Administer and review monthly Hedge Fund fact card reporting.
• Review capital call and distribution notices to investors.
• Maintain ongoing communication with underlying financial sponsors regarding portfolio activities and their impact on valuation, develop growth opportunities.
• Coordinate periodic investment portfolio and valuation reviews alongside other members of the team.
• Serve as a private equity product specialist in connection with requests for information from relationship managers and clients (i.e., fund performance, capital calls, and other fund-related activities), as well as fund performance update meetings.

Qualifications

• Bachelor’s degree
• Previous experience with report writing, investor communications and possess strong finance and business writing skills
• 10-15 years’ relevant experience preferably with hedge fund, private equity, and/or real estate industry experience
• Motivated, have strong management skills, detail oriented, and must be able to independently solve problems
• Strong knowledge of Excel and have experience with presentation of data to varied consumers
• Strong communication skills and be able to successfully work together with external partners, internal business, and finance managers on a global basis
• Able to handle multiple tasks and prioritize assignments with excellent time management skills
• Proactive team player and leader with a positive attitude, willingness to roll up one’s sleeves and get the job done, and a desire to work in a fast-moving entrepreneurial environment
• Microsoft office skills required (Word, Excel, PowerPoint)

Benefits

iCapital offers a comprehensive benefits package that includes a competitive total compensation program consisting of salary, equity for all full-time employees, annual performance bonus, and an employer matched retirement plan; generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling; unlimited paid time off (PTO) and parental leave. 

As we re-enter our offices, iCapital offers 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

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.