iCapital
Business Controls – Senior Vice President
New York, New York, United States
About the Role iCapital is looking to hire a Business Controls Senior Vice President. The ideal candidate will lead the design, implementation, and oversight of iCapital’s enterprise-wide business control framework, with a primary focus on the Operations and Investment Product Management (OIPM) organization. This role ensures operational integrity, regulatory compliance, and risk mitigation across OIPM processes. This individual will partner with senior leadership to embed robust controls into workflows, drive governance initiatives, and foster a culture of accountability and continuous improvement.
Responsibilities
Serve as the primary liaison between the COO, control functions, and regulatory bodies for all OIPM matters.
Assess existing OIPM control procedures and recommend enhancements to strengthen risk management.
Develop and maintain a comprehensive business control framework, including policies, procedures, and standards.
Lead governance committees and oversee operational risk and control effectiveness across OIPM.
Deliver periodic control reports and risk insights to executive leadership and the Board.
Identify emerging risks proactively and implement preventive measures to mitigate impact.
Oversee remediation plans for control deficiencies and ensure timely resolution.
Drive automation of control monitoring and reporting through advanced tools and analytics.
Partner with Technology and business teams to embed controls into system architecture and workflows.
Lead standardization, change management, and training initiatives to ensure consistent processes and adoption across OIPM.
Control Framework Development & Oversight
Design and maintain a comprehensive business control framework tailored to OIPM operations.
Establish policies and procedure standards for operational risk management and internal controls within OIPM.
Governance & Reporting
Lead governance committees focused on operational risk and control effectiveness for OIPM.
Develop and deliver periodic control reports to executive leadership and the Board.
Risk Identification & Mitigation
Proactively identify emerging risks within OIPM and implement preventive measures.
Oversee remediation plans for control deficiencies and ensure timely resolution.
Cross-Functional Leadership
Partner with Investor Relations, Operations, Compliance, and Technology to ensure controls are integrated into OIPM workflows.
Act as a key liaison with internal audit and regulatory bodies during reviews and examinations.
Drive automation of control monitoring and reporting for OIPM through advanced tools and analytics.
Collaborate with technology teams to embed controls into OIPM system architecture.
Lead initiatives to standardize processes and controls across OIPM.
Develop and execute change management strategies to ensure adoption and sustainability of new processes.
Culture & Training
Champion a strong risk and control culture across OIPM.
Develop and deliver training programs for OIPM teams on control responsibilities.
Qualifications
15+ years of experience in financial services, with a focus on operational risk, business controls, or internal audit
Deep understanding of operations within alternative investments, banking or asset and wealth management
Proven track record of building and leading enterprise control frameworks
Strong knowledge of regulatory requirements (SEC, FINRA, AML/KYC, etc.)
Exceptional leadership, communication, and stakeholder management skills
Experience managing resources and leading teams in a highly complex and unstructured environment
Experience with governance committees and board-level reporting
Familiar with technology-driven control solutions and data analytics
Able to make a positive impact with senior stakeholders and drive cultural change
Strategic thinker with hands‑on execution capability
Preferred Skills
Familiarity with technology-driven control solutions and data analytics.
Ability to influence senior stakeholders and drive cultural change.
Strategic thinker with hands‑on execution capability.
The base salary range for this role is $190,000 to $240,000. iCapital offers a compensation package which includes salary, equity for all full‑time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).
We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday‑Thursday, with the flexibility to work remotely on Friday.
iCapital is proud to be an Equal Employment Opportunity and Aff… We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
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About the Role iCapital is looking to hire a Business Controls Senior Vice President. The ideal candidate will lead the design, implementation, and oversight of iCapital’s enterprise-wide business control framework, with a primary focus on the Operations and Investment Product Management (OIPM) organization. This role ensures operational integrity, regulatory compliance, and risk mitigation across OIPM processes. This individual will partner with senior leadership to embed robust controls into workflows, drive governance initiatives, and foster a culture of accountability and continuous improvement.
Responsibilities
Serve as the primary liaison between the COO, control functions, and regulatory bodies for all OIPM matters.
Assess existing OIPM control procedures and recommend enhancements to strengthen risk management.
Develop and maintain a comprehensive business control framework, including policies, procedures, and standards.
Lead governance committees and oversee operational risk and control effectiveness across OIPM.
Deliver periodic control reports and risk insights to executive leadership and the Board.
Identify emerging risks proactively and implement preventive measures to mitigate impact.
Oversee remediation plans for control deficiencies and ensure timely resolution.
Drive automation of control monitoring and reporting through advanced tools and analytics.
Partner with Technology and business teams to embed controls into system architecture and workflows.
Lead standardization, change management, and training initiatives to ensure consistent processes and adoption across OIPM.
Control Framework Development & Oversight
Design and maintain a comprehensive business control framework tailored to OIPM operations.
Establish policies and procedure standards for operational risk management and internal controls within OIPM.
Governance & Reporting
Lead governance committees focused on operational risk and control effectiveness for OIPM.
Develop and deliver periodic control reports to executive leadership and the Board.
Risk Identification & Mitigation
Proactively identify emerging risks within OIPM and implement preventive measures.
Oversee remediation plans for control deficiencies and ensure timely resolution.
Cross-Functional Leadership
Partner with Investor Relations, Operations, Compliance, and Technology to ensure controls are integrated into OIPM workflows.
Act as a key liaison with internal audit and regulatory bodies during reviews and examinations.
Drive automation of control monitoring and reporting for OIPM through advanced tools and analytics.
Collaborate with technology teams to embed controls into OIPM system architecture.
Lead initiatives to standardize processes and controls across OIPM.
Develop and execute change management strategies to ensure adoption and sustainability of new processes.
Culture & Training
Champion a strong risk and control culture across OIPM.
Develop and deliver training programs for OIPM teams on control responsibilities.
Qualifications
15+ years of experience in financial services, with a focus on operational risk, business controls, or internal audit
Deep understanding of operations within alternative investments, banking or asset and wealth management
Proven track record of building and leading enterprise control frameworks
Strong knowledge of regulatory requirements (SEC, FINRA, AML/KYC, etc.)
Exceptional leadership, communication, and stakeholder management skills
Experience managing resources and leading teams in a highly complex and unstructured environment
Experience with governance committees and board-level reporting
Familiar with technology-driven control solutions and data analytics
Able to make a positive impact with senior stakeholders and drive cultural change
Strategic thinker with hands‑on execution capability
Preferred Skills
Familiarity with technology-driven control solutions and data analytics.
Ability to influence senior stakeholders and drive cultural change.
Strategic thinker with hands‑on execution capability.
The base salary range for this role is $190,000 to $240,000. iCapital offers a compensation package which includes salary, equity for all full‑time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).
We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday‑Thursday, with the flexibility to work remotely on Friday.
iCapital is proud to be an Equal Employment Opportunity and Aff… We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
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