--- title: 'Alternatives, Operational Due Diligence Analyst - Vice President at iCapital' canonical: 'https://feeny.ai/job/alternatives-operational-due-diligence-analyst-vice-president-icapital-greenwich-0wnt77fxy0xx' type: 'job' last_seen: '2026-11-08' --- # Alternatives, Operational Due Diligence Analyst - Vice President at iCapital - **Company:** iCapital - **Location:** Greenwich, CT / New York, NY - **Posted:** 2026-11-05 - **Last confirmed live:** 2026-11-08 - **Apply:** https://job-boards.greenhouse.io/icapitalnetwork/jobs/8932452002 ## Job description ## About the Role iCapital is looking to hire a Vice President to join the Research and Education team. The individual will be responsible for overseeing and conducting operational due diligence on prospective and current investments. The ideal candidate will have a deep understanding of operational risks, internal controls, and industry best practices. This role requires a strategic thinker with strong analytical skills, and the ability to communicate complex findings effectively. ## Responsibilities - Conduct comprehensive operational due diligence on investment opportunities, including site visits, interviews with senior members of the non-investment team, service provider confirmations and detailed analysis of operational processes. - Conduct assessments of external fund managers, with a focus on private equity, private credit, hedge funds and real assets. - Identify, evaluate, and mitigate operational risks associated with potential and existing investments. - Prepare and present detailed operational due diligence reports, summarizing findings and providing recommendations. - Perform ongoing monitoring of fund managers on a regular basis to ensure compliance with established standards and to identify material risks. - Engage in ad-hoc projects to support the Alternatives platform. - Work closely with Investment, Legal and Compliance teams and other stakeholders to ensure a holistic approach to due diligence and risk management. - Stay abreast of industry trends, regulatory changes, and best practices in operational due diligence and risk management. - Mentor and train junior members, fostering a culture of continuous improvement and professional development. ## Qualifications - Bachelor's degree in finance, business administration, accounting, or a related field. MBA or relevant professional certifications (e.g., CPA, CFA) is preferred - 10-15 years of experience for the VP level in operational due diligence, risk management, internal audit, or a related field within the investment industry - Strong analytical and problem-solving skills with the ability to synthesize complex information - Excellent written and verbal communication skills, with the ability to present findings clearly and persuasively - Exceptional attention to detail and a commitment to delivering high-quality work - Proven project management skills, with the ability to manage multiple projects and meet tight deadlines - Strong interpersonal skills and the ability to build effective relationships with internal and external stakeholders ## Benefits The base salary range for this role is $160,000 to $195,000.  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). We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday. For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: [https://www.icapitalnetwork.com/about-us/recognition/](https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.icapitalnetwork.com%2Fabout-us%2Frecognition%2F&data=05%7C01%7Ckturlis%40icapitalnetwork.com%7C7f07161790634b9fc3fc08da748bec16%7C0ac51d2823c34b35a9fbe1a17aa9eff1%7C0%7C0%7C637950441561507201%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=HAZm4uhhP8r6HVKnBqOMq5jbXmgOrHlsPCur9U4JRis%3D&reserved=0) 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. ## About iCapital ## Company Overview - **One-liner**: iCapital is the leading global financial technology platform that transforms how financial advisors, asset managers, and wealth managers access and manage alternative investments. - **Entity Type**: Private (late-stage) - **Headquarters**: New York City, New York, USA - **Founded**: 2013 - **Founders**: Lawrence Calcano (Chairman & CEO) and others ## Core Business - Primary industry/industries: Fintech, Wealth Management, Alternative Investments - Target customers: B2B – financial advisors, wealth managers, asset managers, and private banks - Mission or purpose statement: "Transform the World’s Investment Industry for Better Outcomes" by streamlining financial operations, enhancing technology infrastructure, and empowering smarter decision-making through reporting and analytics. ## Products & Services - **iCapital Marketplace**: A digital platform connecting wealth advisors and their high-net-worth clients to a curated selection of alternative investment funds (private equity, private credit, real estate, hedge funds). - **Enterprise Solutions**: White-label technology and operational infrastructure for large financial institutions to offer alternatives to their clients under their own brand. - **Data Intelligence**: AI-driven data management, reporting, and analytics tools (including capabilities from acquired firms Mirador and AltExchange) that provide portfolio transparency and performance insights. - **Annuities Platform**: A technology solution for distributing and managing fixed and structured annuities. - **Alternatives Distribution**: Services that help fund managers and issuers reach new sources of capital through the iCapital network. ## Market Standing - **Valuation**: Over $7.5 billion (as of the company’s most recent capital raise, according to icapital.com/about-us/) - **Key Metric**: $61.1 billion in active global assets on platform (as of May 31, 2026); over 1,200 fund manager/issuer relationships; 135,000+ financial professional users - **Notable Investors/Partners**: BlackRock (strategic investment), Ping An, Goldman Sachs, AMG, Hamilton Lane, WestCap, Citi Wealth (acquired its alternative investments feeder platform) - **Growth Signals**: Completed over $820 million in total capital raised; acquired multiple companies including Mirador (data management), AltExchange (AI-driven tech), and Parallel Markets (digital identity/compliance); recognized by Euromoney as "World’s Best Technology Provider for Wealth Management," named to CNBC’s World Top 250 Fintech Companies, and Forbes Fintech 50 ## Competitive Advantages - **Network Effects**: The largest open-architecture platform for alternatives, connecting thousands of advisors, hundreds of fund managers, and large financial institutions. - **Scale & Trust**: With over $61B in assets and partnerships with the world’s largest banks and asset managers, iCapital has a deeply entrenched position. - **End-to-End Technology**: A fully integrated suite covering deal sourcing, onboarding, compliance, reporting, and analytics — reducing operational friction for all parties. - **Global Reach**: 16 offices worldwide (New York, Zurich, London, Hong Kong, Singapore, Tokyo, Toronto, Lisbon, Sydney, Abu Dhabi, and more), providing a truly international footprint. ## Strategic Focus - **Global Expansion**: Deepening presence in Europe, Asia-Pacific, and the Middle East. - **Platform Expansion**: Moving beyond traditional alternatives into structured investments and annuities. - **AI & Data Leadership**: Leveraging acquisitions like AltExchange to embed AI-driven analytics and automation across the platform. - **Institutional Partnerships**: White-labeling the platform for large banks and wealth managers to scale alternatives distribution. ## Why Work Here - **Culture**: iCapital emphasizes open communication, transparency, integrity, collaboration, and excellence. The company has been recognized as a "Best Workplace" by Great Place to Work in Portugal and a "Best Startup Employer" by Forbes. - **Growth & Development**: The company views learning and development as a critical investment, with career growth initiatives at every level — from recent graduates to senior managers. The company has grown from its 100th employee milestone to hundreds of employees globally, offering significant upward mobility. - **Global & Collaborative Environment**: With 16 offices worldwide and an industry-leading R&D center in Lisbon, employees work on truly global teams. The company hosts monthly social events and volunteer opportunities. - **Benefits**: Generous unlimited paid-time off (PTO), employer-matched retirement plan, 100% employer-paid dental, vision, telemedicine, and virtual mental health counseling, and subsidized health care. Benefits vary by country. - **Office Policy**: Hybrid/office-based presence across global hubs. Offices are described as having fully-stocked kitchens and a collaborative atmosphere. ## Sources 1. [icapital.com](https://icapital.com/) 2. [icapital.com/about-us/](https://icapital.com/about-us/) 3. [icapital.com/careers/](https://icapital.com/careers/) 4. [job-boards.greenhouse.io/icapitalnetwork](https://job-boards.greenhouse.io/icapitalnetwork) 5. [linkedin.com/company/icapital-network-inc](https://www.linkedin.com/company/icapital-network-inc) ## Other roles at iCapital - [Global Head of Distribution, Data Solutions - Managing Director](https://feeny.ai/job/global-head-of-distribution-data-solutions-managing-director-icapital-greenwich-j3eyx7wxhcmp) — Greenwich, CT / New York, NY - [Feeder Fund Vendor Management - Assistant Vice President](https://feeny.ai/job/feeder-fund-vendor-management-assistant-vice-president-icapital-greenwich-fj8bs8hh19gz) — Greenwich, CT - [Microsoft Dynamics Technical Lead - Assistant Vice President](https://feeny.ai/job/microsoft-dynamics-technical-lead-assistant-vice-president-icapital-new-york-wfx7mj20abw8) — New York, NY - [Private Markets, Due Diligence - Assistant Vice President](https://feeny.ai/job/private-markets-due-diligence-assistant-vice-president-icapital-greenwich-q4cwjgb895rm) — Greenwich, CT / New York, NY - [Alternatives, Operational Due Diligence Analyst - Vice President](https://feeny.ai/job/alternatives-operational-due-diligence-analyst-vice-president-icapital-toronto-rr8fegcwjev4) — Toronto, Canada - [Alternatives, Operational Due Diligence Analyst - Assistant Vice President](https://feeny.ai/job/alternatives-operational-due-diligence-analyst-assistant-vice-president-b8t8ad9224ws) — Toronto, Canada - [Alternatives, Operational Due Diligence Analyst - Assistant Vice President](https://feeny.ai/job/alternatives-operational-due-diligence-analyst-assistant-vice-president-1zjc9dsj8ae5) — Greenwich, CT / New York, NY - [Legal Analyst](https://feeny.ai/job/legal-analyst-icapital-new-york-0ea6eykfcv1m) — New York, NY - [Registered Fund Attorney - Senior Vice President](https://feeny.ai/job/registered-fund-attorney-senior-vice-president-icapital-greenwich-v8hj8s84s0k3) — Greenwich, CT - [Registered Fund Attorney - Senior Vice President](https://feeny.ai/job/registered-fund-attorney-senior-vice-president-icapital-new-york-mgzt258a1stp) — New York, NY