Operations Vice President
CAIS is the leading open-architecture financial product platform offering independent wealth management professionals access to a diversified menu of funds and products. CAIS provides streamlined execution to an expanding list of alternative investment funds, IPOs and follow-ons, structured notes and real assets. CAIS delivers a suite of portfolio construction and reporting tools, and complements its fund offering with independent due diligence provided by Mercer.
CAIS is seeking a Vice President to join the Operations team. Successful candidates will have 5-10 years of experience at either a fund or fund administrator with a strong background in processing alternative investments. The ideal candidate will have a desire to build strong relationships with various parties including fund administrators, custodians, reporting providers, advisors, and asset managers.
Primary Objectives
- Quantitative and analytical problem-solver responsible for the on-going delivery of a robust and scalable operating platform
- Work alongside the COO and Managing Director of Fund Operations to help define and drive scalable solutions across all business lines, including alternative investments and capital markets
- Manage interactions with sales regarding pipeline; monthly transaction execution with third party administrators and other external and/or internal groups
- Liaise and develop relationships with custodians, third party administrators, and other vendors
- Resolve and implement scalable solutions for various external parties, including custodians, third party administrators, and other vendors
- Assist in the development of efficient processes and procedures working with the technology team to automate workflow as well as gain in-depth understanding of technology and operational workflow across multiple product lines
- Develop, implement, and maintain operating procedures
- Review, process, and analyze alternative investment trades, including subscriptions, redemptions, and transfers
- Resolve data reporting system issues and exercise judgment to escalate issues to senior team members as needed
- Preparation of daily, monthly, and quarterly upload files for Client Reporting database
- Ensure data integrity for all standardized and customizable reporting
- Ensure timely deliverables of all reports
- Additional responsibilities to be determined based on capacity, skill, and interest
Qualifications
- 5+ years of experience in alternative investments, ideally at a fund, fund admin, bank, custodian, wirehouse, or consulting firm in an operations capacity
- Bachelor’s degree in economics, finance, or a related discipline preferred
- Advanced skills in Excel, Word, PowerPoint, and CRM programs, preferably Salesforce
- Experience with VBA or Excel Macros a plus
- FINRA Registrations Series 7, 63 required within 3 months of employment
- Strong organizational, multitasking, and time management skills
- Highly organized self-starter with experience coordinating multiple competing priorities in a fast-paced environment