Summary

We are seeking a highly organized, process-oriented Senior Associate to join the Fund Operations team at CAIS. Reporting to the Senior Vice President of Fund Operations, you will play a pivotal role in supporting the growth and expansion of the product offering within CAIS’ marketplace. This high impact position will be responsible for driving operational workflows for single investment and fund-of-fund vehicles; monitoring underlying investment portfolios and liaising with key internal and external stakeholders to ensure seamless execution across fund events; and optimizing processes through automation and new system implementation(s). Ideal candidates are strong communicators, strategic problem solvers, and passionate about building processes and automating systems for scale, with the ability to build and leverage relationships with various internal and external stakeholders. This is a great opportunity to gain exposure to a broad range of investment vehicles, fund managers, fund administrators, and key players across the ecosystem; and to have a measurable impact.  

Responsibilities:

1. Support fund management leadership in operating a platform of single investment and fund-of-fund vehicles, from launch of the investment vehicle through processing transactions and coordinating periodic life cycle events such as capital calls and distributions at the feeder and underlying fund levels
2. Monitor underlying investment portfolios of Fund of Fund vehicles, and coordinate across multiple external stakeholders including funds and/or underlying funds, fund administrators, etc.) to ensure timely and accurate operations of the platform
3. Collaborate with key cross functional stakeholders including Client Service, Fund Accounting, Fund Onboarding, to ensure that periodic events (launch, capital calls, transactions, distributions, etc.) are properly flagged and addressed
4. Prepare for month-end and quarter-end cycles by reconciling cash and portfolio invesment balances and any trades required for a particular fund
5. Develop a deep understanding of the business’ objectives of internal and external stakeholders including financial advisory firms, fund managers, investment managers, fund administrators, custodians and technology partners, while building and maintaining relationships with key personnel at these firms
6. Work alongside the Fund Management leadership team to help define and drive scalable solutions that streamline workflows
7. Enhance the internal reporting framework with respect to management information, risk and compliance reporting, KPIs and other ad hoc analysis projects
8. Assist with onboarding and testing new internal and external technology solutions
9. Additional responsibilities to be determined based on capacity, skill, and interest  

Qualifications:

1. Bachelor’s degree in economics, finance, or a related discipline preferred
2. 5+ years of experience within fund operations in the Alternative Investment industry (prior experience at a Fund Platform, Fund of Fund, Fund Manager, Fund Administrator) 
3. Expert understanding of Alternative Investment fund structures and operational workflows (experience working with private markets and fund-of-fund structures required)  
4. Basic fund accounting knowledge required  
5. Experience with portfolio management systems and/or IBOR systems, Backstop preferred
6. Strong familiarity with project management methodologies and best practices
7. Strong interpersonal skills and extremely resourceful
8. Advanced skills in Microsoft Office, especially Excel
9. Highly organized self-starter with experience coordinating multiple competing priorities in a fast-paced environment 

CAIS’ compensation package includes a market competitive salary, a performance bonus, and exceptional benefits. If you are located in New York, New York, the base salary range for this role is $115,000 - $135,000. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, and specific office location. 

Skills

• Accounting
• Excel
• Operations