Operational Due Diligence Specialist (Fractional/Consultant Role)
Join our experienced roster of consultants that support Hedge Funds and Family Offices. Arootah is a personal and professional development leader in the Investment and Financial Services industry. Our mission is to provide top business advisory services to our hedge fund client base. We focus our Business Consulting on the multi-faceted needs of Hedge Funds and Family Offices.Arootah was founded by Rich Bello, the Co-Founder and COO of the industry-leading $10 billion hedge fund, Blue Ridge Capital. Rich brings more than 30 years of experience, including leadership positions at Morgan Stanley, Tiger Management, and Ernst & Young. Visit us at https://arootah.com/hedge-fund-advisory/ for more information. Who You Are:We're seeking a highly analytical and detail-oriented Operational Due Diligence Specialist to join our roster of advisors. The ideal candidate will have a strong background in assessing the operational frameworks of investment firms, particularly within the alternative strategies space.
Key Responsibilities
- Conduct comprehensive operational due diligence reviews on hedge fund managers and investment firms, focusing on operations, firm/fund structuring, trading, valuation, portfolio accounting, fund administration, counterparty risk, technology, and compliance.
- Evaluate the infrastructure, internal controls, policies, and procedures of investment managers, identifying operational risks and ensuring appropriate mitigating controls.
- Prepare detailed operational due diligence reports and risk assessments, summarizing findings and providing recommendations.
- Monitor ongoing developments with existing managers, including significant personnel or structural changes, and ensure compliance with established standards.
- Engage in ad hoc projects and support the broader Alternatives platform, maintaining accountability and ensuring internal deadlines are met.
- Communicate due diligence findings and other decision-makers, and engage in meetings with C-level executives and investors.
Qualifications:
- Bachelor's degree in accounting, Business, Economics, Finance, or a related field.
- 5+ years of experience in operational due diligence, with an emphasis on alternative strategies, including hedge funds.
- Familiarity with private equity, venture capital, private credit, and various hedge fund strategies (e.g., long/short equity, global macro, systematic).
- Ability to evaluate internal controls, fund governance, trade processing, valuation, compliance, and business continuity.
- Knowledge of key service providers (administrators, custodians, auditors) and their roles in fund operations.
- Superior oral and written communication skills, with experience in conducting on-site/virtual manager interviews and engaging with C-level professionals.
- High attention to detail, organizational skills, and the ability to manage multiple reviews simultaneously.
- Proficient in Microsoft Office and capable of maintaining internal documentation for client consumption.
Job Status
- Contractor
- Hours are based on the needs of the assigned client (0-40 hours per week).
Originally posted on Himalayas
Apply To this Job