Fund Operations Specialist

Fund Operations Specialist

Location: New York, NY
Employment Type: Full-Time
Estimated Compensation:
$140,000 – $185,000 total annual compensation (varies by employer)

About This Posting

This job description represents a sample Fund Operations Specialist position commonly found through the Career Launch AI Talent Network. It is intended to help job seekers understand the responsibilities and qualifications typically associated with roles supporting the operational infrastructure of investment funds.

Actual openings may vary based on employer type (asset managers, hedge funds, private equity firms, private credit funds, fund administrators, or alternative investment platforms), fund structure, and asset class focus.

For more information on the Career Launch AI Talent Network, visit:
https://www.careerlaunch.ai/

Position Overview

Fund Operations Specialists support the day-to-day operational functions of investment funds, ensuring accurate processing, reporting, and controls across the fund lifecycle. The role combines operational execution, data oversight, and cross-functional coordination to support investment teams while maintaining strong governance and compliance standards.

These roles often involve close collaboration with portfolio managers, fund accounting, operations teams, compliance, administrators, custodians, and external service providers.

Key Responsibilities

• Support daily fund operations, including trade processing, cash movements, and reconciliations

• Coordinate with fund administrators, custodians, and counterparties to ensure accurate NAVs and reporting

• Monitor and resolve breaks in cash, positions, and valuations

• Support fund-level reporting, including performance, exposure, and investor reporting

• Assist with subscriptions, redemptions, capital calls, and distributions

• Maintain fund documentation, operational procedures, and internal controls

• Support audits, regulatory filings, and compliance-related requests

• Analyze operational workflows to identify inefficiencies and process improvement opportunities

• Prepare daily, weekly, and ad-hoc operational reports for internal stakeholders

Preferred Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, Business, or a related field

• Strong understanding of fund structures, operations, and financial instruments

• Experience or coursework in fund operations, fund accounting, or asset management (preferred)

• High attention to detail and strong organizational skills

• Proficiency in Excel; familiarity with SQL, Python, or fund systems is a plus

• Ability to manage multiple priorities in deadline-driven environments

• Strong problem-solving and analytical skills

• Clear written and verbal communication skills

• Strong interest in fund operations, asset management, and operational excellence

About the Career Launch AI Talent Network

The Career Launch AI Talent Network helps job seekers pursue opportunities similar to this role through:

• Skills-based role matching

• Resume and profile optimization

• Guidance on outreach to fund operations and asset management teams

• Interview preparation for fund operations, asset management, and financial services roles

To learn more or express interest in fund operations and asset management roles, visit:
https://www.careerlaunch.ai/