Description
iCapital is seeking a highly motivated, entrepreneurial, and experienced operations professional who will play multiple critical roles in supporting Outcome Driven Strategies (ODS), the Separately Managed Account platform for Structured Investments.
Responsibilities:
- Execute structured note trades in accordance with ODS portfolio construction guidelines and trading procedures.
- Prepare and review trade allocation files, account-level trading proposals, and validate allocations across SMA and UMA accounts.
- Support note purchase cycles, reinvestment activity, portfolio rebalancing, cash deployment, and liquidity management.
- Coordinate reinvestment of proceeds from maturities, calls, coupon payments, contributions, and distributions.
- Coordinate trade execution and settlement activities with partner banks, including final terms, notional amounts, trade confirmations, and settlement instructions.
- Maintain compliance with portfolio guidelines, including position concentration limits, issuer exposure limits, credit quality requirements, and liquidity thresholds.
- Coordinate RFP and DDQ responses to support broker-dealer onboarding and due diligence processes.
- Identify operational efficiencies, technology enhancements, and scalable solutions to support ODS growth, new strategy launches, and network expansion requirements.
- Serve as the primary operational contact for financial advisors and platform partners, responding to account, trade, cash management, and portfolio implementation inquiries.
- Coordinate resolution of account-level issues across custodians, advisors, and internal stakeholders while delivering a high-touch client service experience.
- Generate client, advisor, and internal management reporting, including dashboards, KPI tracking, and operational analytics.
- Support compliance reviews, audits, due diligence initiatives, marketing requests, and other data reporting needs.
- Maintain and enhance operational procedures, controls, and documentation.
Qualifications:
- 10-15+ years of experience in trading and investment operations, portfolio administration
- Familiar with fixed income, structured products, alternative investments, or managed account platforms
- Understanding of trade settlement, corporate actions, and portfolio reconciliation processes
- Experience in a "client-facing" operational role; comfortable translating complex issues into clear updates for advisors
- Intermediate to Advanced Microsoft Excel skills (Pivot Tables, Data Lookups) and familiar with portfolio accounting systems
- Strong coordination across portfolio managers, issuing banks, custodians, advisors, and internal systems
- Demonstrated ability to balance operational excellence with an investment-oriented mindset while solving complex challenges in a growing asset management environment
Benefits:
- The base salary range for this role is $155,000 to $200,000.
- 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).
- Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.