Fund Operations Manager

About the Role 

Yieldstreet is hiring an Fund Operations Manager to manage and maintain the operational support of the Yieldstreet Broker-Dealer and its fund operations team. You will work on the team responsible for all of our investment finance, fund operations, legal, tax and accounting functions, and partner with various stakeholders across the business to streamline, influence and enhance our processes. You will lead projects across the function as well as leading the effort of operational projects that span across multiple functions. You will have deep experience in understanding of fund and broker dealer operational processes and related system applications and have the ability to identify opportunities for improvement. 

This is a great opportunity for someone interested in transitioning out of a traditional investment company who is operationally savvy and excited about the opportunity to work in the fintech industry. The best fit is someone who recognizes the need for more people to access alternative investments and wants to support Yieldstreet’s leading position as an alternative investing platform.

What you'll do:

• Grow and manage a team of fund operations services professionals
• Oversee third party fund administration partners
• Utilize a strong project management skill set to significantly move Yieldstreet’s Fund and Broker-Dealer Operations function forward 
• Develop and maintain understanding of business processes for current product offerings; assist in ensuring processes follow the correct set of accepted protocols
• Manage filing and maintenance of Finance, Broker-Dealer Transactions and Investment records as well as ensuring fund/account compliance with agreements and regulatory bodies
• Lead the preparation of timely, efficient and accurate recording of transactions through cloud-based ERP
• Lead the generation, reconciliation and reviews of all month end accounting and regulatory reporting 
• Lead the preparation of monthly, quarterly and annual reports to internal and external parties such as ATS-R
• Coordinate onboarding of new fund offerings, including offerings in new asset classes.
• Participate in quarterly valuations processes
• Supervise all Yieldstreet secondary market activity 
• Liaise with members and leaders of the Product and Data Teams to enhance internal and external  reporting capabilities 
• Build productive working relationships with various departments to ensure the timely completion of team initiatives

What you’ll need:

• 5+ years of experience in private capital focused on broker-dealer operations and financial operations 
• An active Series 24 License
• In-depth understanding of SEC and FINRA regulations, specifically pertaining to secondary market transactions, registered investment companies, and broker-dealer operations.
• Experience with alternative investment asset classes, complex fund structures and fee calculations
• Experience in scaling fund operations functions including implementing business metrics, oversight of counterparties, and executive reporting.
• Understanding of multiple vehicle structures, incl. parallel, co-investor, blocker, feeder, and holding company structures
• Background in investor tax reporting, investor evaluation, investor accounting, and/or asset management 
• Strong knowledge of reconciliation and account analysis
• Strong knowledge of and experience using systems like Investran and Geneva

Nice To Have:

Finance degree or Masters in Accounting. CPA and/or CFA or CAIA encouraged.

What We Value

• Demonstrated ability to evaluate new product opportunities by bringing internal stakeholders and existing/ new partners together
• An exceptional eye for detail in a high pressure deadline driven environment
• A willingness to tackle new and unexpected challenges in a hands-on manner  

About Yieldstreet

Yieldstreet is the leading private market investment platform. We believe that private market alternatives should be a fundamental part of your portfolio. That’s why we’re unlocking access to make it easier than ever to get started. We partner with top-tier investment managers to provide investors with a wide range of opportunities across real estate, venture capital, private equity, art, short term notes and more. All of our offerings are curated and vetted by our team to help investors diversify away from the stock market with confidence. 
 
Why Yieldstreet?

Join a team of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages who are on a mission to make alternative investments a fundamental part of the modern portfolio. Our team is comprised of successful entrepreneurs with combined exits of over $1B. We get social with each other during happy hours, exercise classes and team off sites! We are a hybrid work company giving you the opportunity to connect with your peers in real time with the flexibility to work remotely a few days per week. 

What’s in it for you:

Competitive compensation packages including equity 

Health, dental & vision coverage with FSA/HSA options

Unlimited PTO 

401k Match 

Paid lunch once a week

Commuter benefit  

Life insurance

Sabbatical

Summer Fridays

PLEASE NOTE - ALL CANDIDATE COMMUNICATIONS WILL COME VIA LINKEDIN OR THE YIELDSTREET.COM DOMAIN.  ALL CANDIDATES THAT ARE SELECTED FOR THE INTERVIEW PROCESS WILL HEAR FROM LIVE HUMAN BEINGS.  IF YOU HEAR FROM ANYONE WITH AN ALTERNATIVE DOMAIN (e.g. YieldstreetCareers.com) OR RECEIVE AN OFFER  IN ANY MANNER OTHER THAN VIA PHONE, KINDLY REACH OUT TO US IMMEDIATELY.