VanEck
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Position:
Manager, Alternative Administration
Legal Entity:
VEAC
Business Unit(s):
Portfolio Administration
Location:
New York or Tampa
R
eporting to:
Director, Alternative Administration
FLSA Status (US Staff only):
Full-Time Exempt
VanEck is a privately held global asset management firm founded in 1955. We develop forward-looking, intelligently designed, active and ETF strategies that strengthen long-term portfolios. The Alternative Administration team focuses on digital asset partnerships and comingled products and works closely with professionals throughout the entire firm including portfolio managers, traders, marketing, IT, PortOps and Tax. This is an excellent opportunity for someone interested in joining a growing team in an ever-evolving business landscape.
Essential Duties And Responsibilities
Includes the following, other duties may be assigned as needed:
Lead the accounting, and operational oversight for digital asset investment products, including registered entities, offshore structures, and private partnership funds. Manage cash flow, vendor expenses, budgets, and financial projections across multiple fund entities. Calculate and review monthly performance-based incentive fees, general partner (GP) carry, and waterfall distributions. Oversee and reconcile monthly fund financials, incorporating digital asset-specific activities such as staking, airdrops, forks, DeFi protocols, NFTs etc. Coordinate audit processes, serving as the primary contact for auditors; resolve audit inquiries/ issues and ensure timely completion. Oversight of monthly NAV packages, investor allocations, and financial statements, ensuring accuracy and compliance with fund terms. Oversee capital call and distribution processes for limited partners. Manage regulatory filings and compliance requirements for a portfolio of private funds. Support valuation processes for illiquid and other complex digital assets. Maintain procedures around partner capital account maintenance, NAV calculations, expense accruals, expense caps, and side pocket allocations. Serve as a key liaison across custodians, fund administrators, portfolio management, and operations teams to resolve fund-related issues. Oversee and manage the subscription and redemption process for fund investors. Collaborate with internal teams and third-party vendors/ counterparties. Calculate and analyze fund and investment performance metrics such as IRR, MOIC, and ROI. Oversee operational workflows related to digital asset movements, custody, and settlement. Work on any special projects assigned by Management.
Supervisory Responsibilities
This job will have supervisory responsibilities.
Qualifications
Strong private fund accounting and operational experience - digital assets experience/ sidepockets / series accounting is a plus. Working knowledge of various waterfall models/ incentive fees calculations Working knowledge of master/feeder funds, private equity/ VC funds, accounting and operations with custodians/administrators Comfortable working with new product ideas and developing corresponding processes and procedures Strong experience with various types of private fund structures Good understanding of private fund compliance filings requirements under RIA environment Big 4 audit firm experience a strong plus Strong understanding of GAAP standards, illiquid investment valuations Ability to work under pressure with high adaptability
Education And/or Experience
Qualified candidate should possess a minimum of eight years’ relevant industry experience with significant experience with investment partnership products Demonstrated supervisory experience, including overseeing daily operations, assigning tasks, monitoring team performance, and supporting employee development College degree with a concentration in accounting/ finance
General Competencies
To perform the job successfully, an individual should demonstrate the following competencies:
Track record of hands-on problem solving, detailed oriented Ability to analyze data, think critically History of multitasking History of successfully working in teams Ability to work independently and take a task to completion Understanding how to prioritize projects and when to escalate issues
Language And Communication Skills
Strong communication skills, sharing important information with other departments Candidate needs to work with peers, portfolio managers and third-party representatives
Compensation
If this position will be performed in whole or in part in New York City, the base salary range is $170,000 to $185,000. Individual salaries may vary based on different factors including but not limited to, skills, experience, job-related knowledge, and location. Base salary does not include other forms of compensation or benefits offered in connection with this position.
VanEck is committed to treating all applicants and employees fairly and to providing equal opportunity in compliance with applicable federal, state and local laws. VanEck does not and will not discriminate against any employee or applicant for employment on the basis of race, religion, ancestry, color, gender, gender identity, pregnancy, age, physical or mental disability, national origin, marital status, sexual orientation, citizenship status, covered-veteran or military status, genetic information, and/or any other factor protected by law. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Project Management and Information Technology Industries Investment Management Referrals increase your chances of interviewing at VanEck by 2x Get notified about new Administrative Manager jobs in
New York, NY . New York, NY $110,000 - $130,000 1 day ago New York, NY $80,000 - $100,000 1 month ago New York, NY $101,300 - $137,000 1 day ago New York, NY $70,000 - $100,000 4 weeks ago New York, NY $90,000 - $100,000 3 weeks ago New York, NY $75,000 - $95,000 2 weeks ago New York City Metropolitan Area $52 - $57 4 days ago New York, NY $85,000 - $90,000 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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Manager, Alternative Administration
Legal Entity:
VEAC
Business Unit(s):
Portfolio Administration
Location:
New York or Tampa
R
eporting to:
Director, Alternative Administration
FLSA Status (US Staff only):
Full-Time Exempt
VanEck is a privately held global asset management firm founded in 1955. We develop forward-looking, intelligently designed, active and ETF strategies that strengthen long-term portfolios. The Alternative Administration team focuses on digital asset partnerships and comingled products and works closely with professionals throughout the entire firm including portfolio managers, traders, marketing, IT, PortOps and Tax. This is an excellent opportunity for someone interested in joining a growing team in an ever-evolving business landscape.
Essential Duties And Responsibilities
Includes the following, other duties may be assigned as needed:
Lead the accounting, and operational oversight for digital asset investment products, including registered entities, offshore structures, and private partnership funds. Manage cash flow, vendor expenses, budgets, and financial projections across multiple fund entities. Calculate and review monthly performance-based incentive fees, general partner (GP) carry, and waterfall distributions. Oversee and reconcile monthly fund financials, incorporating digital asset-specific activities such as staking, airdrops, forks, DeFi protocols, NFTs etc. Coordinate audit processes, serving as the primary contact for auditors; resolve audit inquiries/ issues and ensure timely completion. Oversight of monthly NAV packages, investor allocations, and financial statements, ensuring accuracy and compliance with fund terms. Oversee capital call and distribution processes for limited partners. Manage regulatory filings and compliance requirements for a portfolio of private funds. Support valuation processes for illiquid and other complex digital assets. Maintain procedures around partner capital account maintenance, NAV calculations, expense accruals, expense caps, and side pocket allocations. Serve as a key liaison across custodians, fund administrators, portfolio management, and operations teams to resolve fund-related issues. Oversee and manage the subscription and redemption process for fund investors. Collaborate with internal teams and third-party vendors/ counterparties. Calculate and analyze fund and investment performance metrics such as IRR, MOIC, and ROI. Oversee operational workflows related to digital asset movements, custody, and settlement. Work on any special projects assigned by Management.
Supervisory Responsibilities
This job will have supervisory responsibilities.
Qualifications
Strong private fund accounting and operational experience - digital assets experience/ sidepockets / series accounting is a plus. Working knowledge of various waterfall models/ incentive fees calculations Working knowledge of master/feeder funds, private equity/ VC funds, accounting and operations with custodians/administrators Comfortable working with new product ideas and developing corresponding processes and procedures Strong experience with various types of private fund structures Good understanding of private fund compliance filings requirements under RIA environment Big 4 audit firm experience a strong plus Strong understanding of GAAP standards, illiquid investment valuations Ability to work under pressure with high adaptability
Education And/or Experience
Qualified candidate should possess a minimum of eight years’ relevant industry experience with significant experience with investment partnership products Demonstrated supervisory experience, including overseeing daily operations, assigning tasks, monitoring team performance, and supporting employee development College degree with a concentration in accounting/ finance
General Competencies
To perform the job successfully, an individual should demonstrate the following competencies:
Track record of hands-on problem solving, detailed oriented Ability to analyze data, think critically History of multitasking History of successfully working in teams Ability to work independently and take a task to completion Understanding how to prioritize projects and when to escalate issues
Language And Communication Skills
Strong communication skills, sharing important information with other departments Candidate needs to work with peers, portfolio managers and third-party representatives
Compensation
If this position will be performed in whole or in part in New York City, the base salary range is $170,000 to $185,000. Individual salaries may vary based on different factors including but not limited to, skills, experience, job-related knowledge, and location. Base salary does not include other forms of compensation or benefits offered in connection with this position.
VanEck is committed to treating all applicants and employees fairly and to providing equal opportunity in compliance with applicable federal, state and local laws. VanEck does not and will not discriminate against any employee or applicant for employment on the basis of race, religion, ancestry, color, gender, gender identity, pregnancy, age, physical or mental disability, national origin, marital status, sexual orientation, citizenship status, covered-veteran or military status, genetic information, and/or any other factor protected by law. Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Project Management and Information Technology Industries Investment Management Referrals increase your chances of interviewing at VanEck by 2x Get notified about new Administrative Manager jobs in
New York, NY . New York, NY $110,000 - $130,000 1 day ago New York, NY $80,000 - $100,000 1 month ago New York, NY $101,300 - $137,000 1 day ago New York, NY $70,000 - $100,000 4 weeks ago New York, NY $90,000 - $100,000 3 weeks ago New York, NY $75,000 - $95,000 2 weeks ago New York City Metropolitan Area $52 - $57 4 days ago New York, NY $85,000 - $90,000 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr