Fractional Director of Operations (Advisory Network)

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OtherDirector Of Operations

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Overview

Opportunity Overview Arootah engages a curated network of senior operators to support clients across the alternative investment industry, including hedge funds, private equity firms,

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OtherDirector Of Operations

Arootah engages a curated network of senior operators to support clients across the alternative investment industry, including hedge funds, private equity firms, and family offices. Advisors are deployed on project-based engagements when client needs match their expertise. Joining the network does not guarantee placement; it provides access to opportunities as they arise.

What We Offer

~4 min read

✓Alt-industry-only engagements with hedge funds, private equity firms, and family offices

✓Project-based work that fits around existing commitments

✓Client origination and engagement management handled by Arootah; advisors focus on delivery

✓Best practice reviews.

✓Developing realistic and effective action plans.

✓Breaking apart goals into actionable steps.

✓Advising on vendor selection and oversight.

✓Creating and implementing policies, procedures, and control measures.

✓Evaluating each client’s advancement toward goal actualization through key performance indicators (KPIs) and scoring matrices.

✓Special projects or other areas of need.

✓Lead all aspects of the day-to-day management and oversight of managing the Operations team and overseeing the full life cycle of a trade including proper accounting, recordkeeping, trade settlement, and problem resolution.

✓Hire, manage, mentor, conduct performance reviews and make compensation recommendations for assigned staff, helping to develop staff on industry knowledge, general business skills, and professional growth.

✓Define individual performance objectives and development plans and ensure alignment with project and unit objectives. Focus on improvements in execution that result in scalable, efficient processes while shifting the operational focus to value functions and analytics.

✓Responsible for the operations control environment and provide recommendations to senior management focused on reducing operational risk.

✓Stay up to date on changing technology and investing environment within company in order to help set team objectives, plan for appropriate resources, and help execute strategic initiatives.

✓Lead all aspects of attestation and audit processes for respective operations group, ensuring that internal controls are working appropriately, tested as required, and issues are remediated timely.

✓Ensure that all company policies and procedures are carried out consistently, are in compliance with local, state, and federal securities laws and regulations, and that any incidents are dealt with in a timely manner.

✓Act as the subject matter expert on fund accounting and performance, as well as associated systems, policies, processes, and procedures.

✓Oversee the daily/monthly/quarterly sign-off of various reconciliations to third parties including administrators and prime brokers.

✓Assist the COO in managing vendor and service provider relationships, including auditors, tax preparers, legal counsel, regulators, and effectively communicate and elevate issues as needed.

✓A Bachelor’s Degree in Economics, Finance, Mathematics, Accounting, Computer Science, or a related field with a strong academic record.

✓MBA, M.S. in Operations, or advanced degree is a plus.

✓10+ years of specific experience as a Director of Operations at a Alternatives Asset Firm or Family Office.

✓Strong knowledge of multiple asset classes, security types, financial instruments, investment strategies, and capital markets, including a detailed understanding of capital markets and how products trade, settle and are invested.

✓Extensive knowledge of the investment management industry and related technology including fund accounting software, market data tools, performance and attribution applications and settlement/reconciliation programs.

✓Excellent problem solving, analytical, team and time management skills managing multiple deadlines for self and others.

✓Attention to detail and capable of taking initiative.

✓Dedicated team player with an entrepreneurial predisposition and strong interpersonal skills to effectively work across all levels of the firm.