---
title: 'Subscriptions & Closings Manager at AngelList'
canonical: 'https://feeny.ai/job/subscriptions-closings-manager-angellist-new-york-gbe58f9kq84b'
type: 'job'
last_seen: '2026-11-06'
---

# Subscriptions & Closings Manager at AngelList

- **Company:** AngelList
- **Location:** New York, NY
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-10-31
- **Last confirmed live:** 2026-11-06
- **Apply:** https://jobs.lever.co/angellist/6c7be240-0211-4d9a-a329-0766d18eafb1

## Job description

About Belltower Fund Group: Belltower, AngelList’s funds services division, is empowering world-changing fund investments. Belltower was formed in 2019 as AngelList’s native fund administrator. Belltower provides fund administration services to the venture space. Our coverage spans syndicates, venture funds, and first-of-their-kind rolling funds. Our full-service fund management offering streamlines the complexity of running a fund by integrating financial reporting, tax, compliance, portfolio management, and other services that managers typically have to cobble together from multiple vendors. Our services, combined with AngelList’s software, enable us to launch and scale a fund efficiently, allowing fund managers to focus on what they do best: investing. Since 2019, Belltower has supported 27k+ funds representing over $25B in assets under administration, leveraging AngelList’s fund admin software to power the service layer for funds launched on the AngelList platform.

## About the Role

The Subscriptions & Closings (S&C) team sits within GP Services and owns the moment a fund launches: getting SPVs and funds set up correctly, collecting investor subscriptions, closing capital, prorating commitments, and confirming closings so that capital can be deployed quickly. Every syndicate, venture fund, and rolling fund on the platform passes through this team, and the pace is high. As the S&C Manager, you will lead this team day-to-day and be accountable for its output: fast and accurate fund launches, closings that happen on time, and a client experience that feels white-glove even at scale. This is a product-oriented role: you will work directly with GPs and institutional customers, partner with AngelList's Product and Engineering teams to ship product and process improvements, and work hand-in-hand with the Fund Formation team, whose workflows are tightly interwoven with yours. You will report to the Director of GP Services. This role exists because S&C is where operational precision and client trust meet. The ideal candidate is a structured manager with strong customer service experience in private markets or fund administration, who knows how venture funds and SPVs take in capital and can catch the corner case every time. We are looking for someone who can run the team with rigor today while building the client-facing, product-minded, scalable processes that Belltower's growth in GP Services and our institutional offering will demand. This role exists because S&C is where operational precision, client trust, and control rigor meet. The ideal candidate is a structured manager with strong customer service experience in private markets or fund administration, who knows how venture funds, SPVs, and traditional drawdown funds take in capital, and who catches the corner case every time — whether it's an operational error or a compliance flag. We are looking for someone who can run the team with rigor today while building the client-facing, product-minded, institutional-grade, and controls-conscious processes that Belltower's growth in GP Services and our institutional offering will demand.

You Will:

Own

- Lead the S&C team: set priorities, run coverage and workload planning (including backup coverage when teammates are out), coach and develop team members, and hold the team to clear SLAs for setup accuracy and closing turnaround.
- Own end-to-end quality of fund and SPV setup, subscription review, proration, and closing confirmation, and act as the final escalation point when something is stuck or wrong, or presents a compliance/control risk (e.g., KYC/AML flags, sanctions screening, subscription document exceptions).
- Serve as the direct S&C point of contact for GPs and institutional customers, delivering a white-glove experience and translating their needs into product requirements and repeatable processes.
- Own the S&C playbooks and execution for institutional and traditional fund closings — side letters, capital call mechanics, multi-close and parallel-fund administration.
- Build and own the S&C playbooks needed for institutional fund closings (drawdown/capital-call administration, side-letter tracking, complex allocations) as a distinct workstream from syndicate/SPV closings.
- Own the control checkpoints in the setup-to-close workflow — KYC/AML/sanctions screening on subscriptions, segregation of duties between review and approval, and documentation sufficient to withstand audit — and drive root-cause remediation when exceptions occur.
- Identify, specify, and ship product and process improvements with AngelList's Product and Engineering teams, from proration and setup tooling to closing workflows, testing releases before they reach clients and documenting process changes for the team and adjacent teams.

Assist

- Contribute to the GP Services product roadmap by surfacing recurring client pain points and quantifying the operational cost of tooling gaps.
- Collaborate with Global Portfolio, Fund Services, Tax, and Compliance on cross-functional matters that touch subscriptions and closings.
- Support GP Services leadership on team design, hiring, and capacity planning as the institutional product grows.

What success looks like

- By 1 month: you understand the full setup-to-close lifecycle, know every open exception on the team's plate, and have taken over daily prioritization and escalations.
- By 3 months: closing turnaround and setup-accuracy targets are defined, measured, and being reported; recurring incident types have documented playbooks; the team has clear coverage plans. Control gaps in the closing process are identified and either remediated or have a documented mitigation plan.
- By 6 months: you have shipped at least one meaningful process or tooling improvement with Product and Engineering, and you are the recognized owner of the S&C client experience for our largest and most complex managers.

You Have:

## What you bring on day one

- 4+ years in fund administration, fund operations, or investor services within private markets, with direct hands-on experience in investor subscriptions, capital closings, and fund or SPV setup.
- Direct experience closing traditional closed-end/drawdown funds, including capital calls, side letters, and multi-close mechanics.
- Experience operating in a controls-conscious environment (audit, compliance, AML/KYC, or a regulated financial services setting) and comfort building or tightening control checkpoints in a high-volume process.
- Strong customer service experience serving GPs, LPs, or institutional clients in private markets or fund administration; you are comfortable owning a demanding relationship and communicating clearly under time pressure.
- 1+ years managing or leading a team, with a track record of coaching people and running a high-volume operational queue against SLAs.
- Working knowledge of venture fund structures (SPVs, traditional funds, rolling funds) and the documents that govern them, including subscription and purchase documents and side lettersWorking knowledge of venture fund structures (SPVs, rolling funds) and, specifically, traditional drawdown/closed-end fund mechanics — capital calls, multi-close administration, and side letters — along with the documents that govern them.
- A product mindset: you have turned recurring operational pain into a tooling or process change, and you know when a manual workaround is fine and when it needs a systemic fix.
- Both high EQ and strong systems-analytic skills: you can manage an external relationship in the morning and write a precise tooling requirement for Engineering in the afternoon.
- Experience in a rapidly scaling fintech or fund services environment, or the disposition to thrive amid rapid change.

## What you can learn here

- AngelList's fund admin software, internal tooling, and Belltower's specific workflows and channels.
- The mechanics of Belltower's institutional product and how it changes S&C requirements.
- Belltower's cross-team landscape: Fund Formation, Accounting, Fund Services, Tax, Legal and Compliance.

Working Here If you don’t meet every requirement above, we still encourage you to apply. We value complementary strengths and operators who learn by doing. We operate out of hubs in New York City and San Francisco. For most roles on those teams, we work from the office at least two days per week (Tuesdays and either Wednesday or Thursday). Compensation: The compensation for this role consists of a competitive base salary, benefits, and equity package. The base salary for this role starts at $120,000+ annually but will vary based on a number of factors including a candidate’s professional background, experience, level, and location. Additional details about our Total Rewards package will be provided during the recruitment process. Benefits: We support your life both in and outside of work. Explore our benefits Learn about Funders & Founders What Guides Us: At AngelList, we are united in our purpose to accelerate innovation and build the future of private markets. Our beliefs and values shape what we work on and how we create impact. If the below resonate, we'd love to have you with us. Our beliefs

## Our values & leadership expectations

Belltower Funds, a division of AngelList, is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

## About AngelList

## Company Overview
- **One-liner**: AngelList builds the financial system for private markets, providing the infrastructure where capital, creativity, and hard work come together to accelerate the rate of innovation.
- **Entity Type**: Private (venture-backed; $124.1M total funding across 8 rounds)
- **Headquarters**: San Francisco, California, United States (additional office in San Diego; workforce distributed across 31 countries)
- **Founded**: 2010
- **Founders**: Naval Ravikant and Babak Nivi

## Core Business
- **Primary industry**: Private market investment infrastructure / fintech (venture capital administration, fund management, startup investing)
- **Target customers**: B2B and B2C — fund managers, venture investors, syndicate leads, startups, and accredited/retail investors seeking access to private markets
- **Mission or purpose statement**: "The financial system for private markets." The company's stated goal is to solve the "ownership gap" for private companies — building the equivalent of public-market infrastructure (exchanges, custodians, transfer agents, brokers, retail distribution) for private markets, which now represent more than $28T in U.S. fund AUM.

## Products & Services
- **AngelList Funds**: The administration layer for venture capital — enables fund managers to launch and operate venture funds, SPVs, and syndicates on the platform.
- **USVC**: The brand behind retail access to venture investing, allowing non-institutional investors to participate in private-market deals.
- **Meridian**: The wealth layer for private markets; a platform for managing private-market assets and portfolio operations.
- **Nova** (coming soon): The banking and payments layer for private markets, announced as the next major product release.
- **Scout Funds & SPVs**: Additional investment vehicles supported on the platform alongside venture funds.

## Market Standing
- **Valuation/Market Cap**: Not disclosed (private company)
- **Key Metric**: Total funding of $124.1M (8 prior rounds). Platform scale figures are conflicting across sources: LinkedIn reports **$171B in assets on platform, 25K+ funds and syndicates, and 72K active investors**, while Built In reports **$15B in assets for fund managers, 17K+ startup investments (including 287 unicorns), and 1.3K startups using founder services** — both cited below as conflicting reports.
- **Notable Investors/Partners**: Not publicly available in the provided data sources.
- **Growth Signals**: Acquired Nova (banking/payments layer) in July 2023; acquired Prospectify (2019) and Product Hunt (2016, for $20M); has delivered $10B in capital to startups with a stated ambition to reach $10T; active hiring across Engineering, Data, Finance, Marketing, Legal, and Customer Success teams.

## Competitive Advantages
- **Network effects / de facto standard**: Positions itself as the default platform for startup investing, with 25K+ funds and syndicates and 72K active investors on platform (per LinkedIn data).
- **Full-stack private-market infrastructure**: Unlike point solutions, AngelList spans fund administration (Funds), retail access (USVC), wealth management (Meridian), and soon banking/payments (Nova) — a vertically integrated stack for private markets.
- **Data moat**: Years of transaction, fund, and investor data create switching costs for fund managers and investors alike.
- **Founder-friendly brand equity**: Long-standing reputation in the startup ecosystem, including backing 287 unicorns (per Built In).

## Strategic Focus
- **Launching Nova**: The banking and payments layer for private markets is positioned as the next major growth vector, completing the company's "financial system for private markets" vision.
- **Scaling Meridian**: Building out the wealth layer to serve private-market asset management at scale.
- **Expanding retail access**: Growing USVC to bring venture investing to a broader audience beyond accredited investors.
- **Growing platform AUM**: Pushing from $10B in capital delivered toward the stated $10T ambition.

## Why Work Here
- **Culture**: The company emphasizes high agency and ownership — described as "no ladders, only roads," where employees are expected to pave their own career paths and take on more than peers in the industry, faster, with less.
- **Work mode**: Hybrid roles available in San Francisco, CA and New York City, NY (e.g., Senior Platform Engineer, Investor Services Specialist, Investment Operations Associate).
- **Funder & founders program**: Employees can invest up to $100K from an AngelList fund into deals they source and earn 20% of the profits from those investments.
- **Financial wellbeing**: Competitive salary, 401K, equity, FSA, and access to a finance coach.
- **Healthcare**: Premium medical, dental, vision coverage, One Medical, wellness coach, FSA, Carrot fertility benefits, and generous parental leave.
- **Lifestyle perks**: Unlimited PTO, unlimited book stipend, wellness reimbursement, and a remote office budget (co-working/home office).
- **Office perks**: In-office meals, coffee walks, team offsites, commuter benefits, and safe rides home.
- **Team size (conflicting reports)**: The careers page cites a team of 140; LinkedIn reports 321 employees (-0.7% YoY); Built In reports 518 total employees across 3 offices.

## Sources
1. [angellist.com — Careers](https://www.angellist.com/careers)
2. [angellist.com — About](https://www.angellist.com/about)
3. [linkedin.com — AngelList company page](https://www.linkedin.com/company/angellist)
4. [jobs.lever.co — AngelList](https://jobs.lever.co/angellist)
5. [builtin.com — AngelList](https://builtin.com/company/angellist)

## Other roles at AngelList

- [Product Manager, Institutional](https://feeny.ai/job/product-manager-institutional-angellist-san-francisco-k9z20rsxndst) — San Francisco, CA
- [Fund Accounting Operations Support (Philippines)](https://feeny.ai/job/fund-accounting-operations-support-philippines-angellist-remote-yyw6myt7f6wc)
- [Cash Reconciliation Associate (Philippines)](https://feeny.ai/job/cash-reconciliation-associate-philippines-angellist-remote-1br6t8b31ap4)
- [Tax Senior Associate (Institutional)](https://feeny.ai/job/tax-senior-associate-institutional-angellist-new-york-hvnaqfg6xnek) — New York, NY
- [Tax Lead - Full Service (Platform-Advised Funds)](https://feeny.ai/job/tax-lead-full-service-platform-advised-funds-angellist-new-york-2hfqemgafs6f) — New York, NY
- [Tax Lead - Full Service (Self-Advised)](https://feeny.ai/job/tax-lead-full-service-self-advised-angellist-new-york-p0f43fkdd3pr) — New York, NY
- [Fund Operations Senior Associate, Distributions](https://feeny.ai/job/fund-operations-senior-associate-distributions-angellist-new-york-eadpf1thf1s3) — New York, NY
- [Fund Accounting Senior Manager](https://feeny.ai/job/fund-accounting-senior-manager-angellist-new-york-0ndcprfs36rd) — New York, NY
- [Fund Accounting Senior Associate](https://feeny.ai/job/fund-accounting-senior-associate-angellist-new-york-7c5pd3zj0sdp) — New York, NY
- [Fund Migrations Senior Associate](https://feeny.ai/job/fund-migrations-senior-associate-angellist-new-york-1f6x97dkr9vy) — New York, NY