Senior Manager, Lab Operations (retention bonus)

Full Job Ad

Sr. Director / Director Collective Investment Fund (CIT/CIF) Operations

Location	Phoenix, AZ [MISSING - ZIP required] or Denver, CO
Employment	Full-Time Permanent
Level	Director / Senior Director (final level set by candidate experience)
Salary Range	$140,000 $160,000 per annum
Travel	Occasionally
Visa Support	Not available

(Relocation row omitted - relocation assistance not offered)

The Role

Our client, a financial services organization operating a Collective Investment Trust / Collective Investment Fund (CIT/CIF) platform, is hiring a Director or Senior Director of Fund Operations. The role owns the operational foundation enabling pooled retirement and institutional investment vehicles to run accurately and with strong controls, leading end-to-end fund operations across NAV support, fund accounting oversight, capital activity, and trading/settlement. Hybrid position requiring two days per week on-site in Phoenix or Denver.

Key Responsibilities

• Own operational performance across the CIT/CIF platform, integrating NAV support, fund accounting oversight, capital activity, and trading/settlement into a well-controlled operating model
• Lead operational onboarding of new clients, funds, sub-advisors, and platforms - CUSIP requests, NSCC trading setup, platform agreements
• Manage relationships with custodians, transfer agents, fund accountants, trustees, and sub-advisors
• Identify opportunities to simplify workflows, strengthen controls, and introduce automation
• Serve as senior escalation point for clients, prospects, and sub-advisors
• Oversee validation of performance returns, expense ratios, and turnover calculations; support audits, financial statements, and Form 5500-related reporting
• Ensure operational practices align with ERISA, DOL, IRS, and internal governance requirements

Requirements - Must-Have

• Bachelor's degree in Finance, Accounting, Business, Economics, or related field
• 8 10+ years in fund accounting, investment fund operations, asset management, or trust administration, including direct CIT/CIF experience
• Deep knowledge of fund accounting principles, pooled vehicle operations, NAV support, CIT/CIF operating models
• Experience supporting audits, financial statements, transfer agency operations, onboarding, and trade settlement
• Strong knowledge of ERISA-related requirements; familiarity with DOL, IRS, fiduciary governance
• Advanced Excel skills
• Able to work on-site two days/week in Phoenix, AZ or Denver, CO

Requirements - Preferred / Nice-to-Have

• Experience with MFACT
• Strong Microsoft Access proficiency
• CFA, CAIA, CPA, or advanced degree
• Experience supporting product launches, new fund structures, or retirement-focused investment vehicles

Confidentiality

This search is being conducted on a confidential basis. Qualified candidates should submit a letter of interest and current CV to bookings@ambition24hours.com. All enquiries will be handled with strict discretion.