Back to jobs

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.

Technology & Automation

  • 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.

Change Management & Standardization

  • 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.

Benefits

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.

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. 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.

 

Create a Job Alert

Interested in building your career at iCapital? Get future opportunities sent straight to your email.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Education

Select...
Select...
Select...
Select...
Select...
Select...
iCapital is an office-first culture, as such all employees are required to work in the office Monday-Thursday, with the flexibility to work remotely on Friday, depending on the department. Please review the job description before applying, to identify the specified location/s for the role. *

iCapital Voluntary Self-Identification Questions [U.S. Only]

Candidates are invited to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in iCapital Network ’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, and you voluntarily decide to complete this survey, please indicate by making the appropriate selection. We request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded.

Voluntary Self-Identification of Disability


Why are you being asked to complete this?

The law requires us to provide equal employment opportunity to qualified people with disabilities.  We request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake.

Completing this form is voluntary. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury

This survey should take about 5 minutes to complete.

Select...
Select...
Select...
Select...
Select...