# Fund Finance, Hedge Funds - Associate

**Company**: iCapital
**Location**: Lisbon
**Work arrangement**: hybrid
**Experience**: mid
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://job-boards.greenhouse.io/icapitalnetwork/jobs/8618988002?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_d69bd46e-39e

## Description

iCapital is looking to hire an Associate to join the Hedge Fund Finance team. This role is hands-on with operational responsibility for servicing hedge and private equity fund of fund and access fund vehicles in conjunction with third-party administrators.

Responsibilities:

- Build and maintain relationships with underlying fund managers, fund administrators, and distributors.

- Design and implement processes and procedures for servicing the funds.

- Work closely with Investor Relations, Product, Legal and Compliance, Technology, Sales, and Marketing teams to support fund operations.

- Participate in new fund structuring, setup, and onboarding.

- Review feeder fund draft documents and provide feedback to internal legal or fund origination teams.

- Provide oversight of fund administrators and other service providers.

- Monitor cash positions and liquidity of investments, reconciliations, and manage cash reserves.

- Determine subscription/commitment sizes to underlying funds and conduct analysis on feeder fund expenses.

- Run accounts payable and expense allocation processes.

- Oversee monthly/quarterly feeder fund NAV and statement issuance.

- Review and sign-off on capital calls, distributions, cash analysis, investor allocation files, and notices.

- Define, update, and maintain operating policies and procedures.

- Liaise with funds' custodian and funds' bank, as well as other counterparties as needed.

- Work with counsel and CCO to ensure general compliance with fund docs and regulatory filings.

- Fulfill ad-hoc tasks as required by the team and different parts of the organization.

Qualifications:

- Bachelor's degree in accounting, finance, economics, statistics, or another business-related field.

- 3-5 years of fund accounting, fund administration, or finance operations experience.

- Passion for the application of innovative technology.

- Advanced accounting skills and experience within an audit framework is preferred.

- Advanced Excel skills.

- Demonstrated capacity and willingness to work within a close team structure.

- Excellent organizational skills and attention to detail.

- Proven ability to multi-task and work both independently and as a team player.

- Strong verbal, written, and interpersonal communication skills.

- Eager to learn new topics and work in an evolving business environment.

Benefits:

- Competitive salary.

- Annual performance bonus.

- Equity for all full-time employees.

- Healthcare with 100% employer-paid health and dental insurance.

## Skills

### Required
- accounting
- finance
- economics
- statistics
- Excel

### Nice to have
- alternative investment funds
- fund-of-funds
- feeder funds
- audit framework

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Source: [Apply at job-boards.greenhouse.io](https://job-boards.greenhouse.io/icapitalnetwork/jobs/8618988002?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)