We are a newly established, FCA-registered alternative investment fund based in London. We are seeking an experienced Operations Director to join our founding team and take ownership of the day-to-day operational running of the fund. This is the operational backbone of a lean, well-governed structure supported by best-in-class third-party service providers — and the person in this role will be central to how the fund functions.
The Opportunity
Reporting to the Managing Partner and Board, you will manage all aspects of fund operations: capital calls, NAV oversight, LP administration, financial reporting, and service provider management. You will also sit on the Valuation Committee, providing the operational layer of oversight above the firm's external administrator and auditor. This is an opportunity for a highly organised, finance-qualified operations professional to take on a broad and meaningful remit within a growing alternative investment firm.
Key Responsibilities
- Manage the capital call process: notice issuance, receipt monitoring, and fund account management in coordination with the administrator
- Coordinate the quarterly NAV process with the external fund administrator; review and approve output before investor distribution
- Prepare and distribute quarterly investor reports, annual audited financial statements, and ad hoc investor communications
- Manage all service provider relationships and monitor ongoing performance across the full provider panel
- Prepare Board meeting packs, record minutes, and maintain statutory books for the management company
- Oversee physical asset custody and insurance arrangements in coordination with relevant providers
- Manage the investor subscription process alongside the Compliance Officer, including AML/KYC documentation management
- Manage the operating budget and prepare annual financial forecasts for Board approval
- Serve as a member of the Valuation Committee
What We Are Looking For
- Minimum 5 to 8 years in alternative asset fund operations, private equity back office, or fund administration
- Qualified accountant (ACA, ACCA, or CIMA); strong financial modelling and reporting skills
- Experience working alongside external fund administrators; solid understanding of NAV processes and investor registers
- Working knowledge of limited partnership fund structures is preferred
- High level of personal organisation and the ability to manage multiple service providers simultaneously within a lean team
- Detail-oriented, process-driven, and comfortable owning operational procedures end to end
What We Offer
- Competitive salary of £70,000 – £100,000 depending on experience
- A broad, high-responsibility remit from day one
- Direct exposure to Board-level governance and investor reporting in an alternative investment context
- London base with best-in-class institutional service providers supporting your function
Pay: £70,000.00-£100,000.00 per year
Application question(s):
- Are you a qualified accountant (ACA, ACCA, CIMA, or equivalent)?
Work Location: In person
