icapitalnetwork

Business Controls and Governance - Assistant Vice President

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At a Glance

Location
New York, United States
Experience
5+ years
Compensation
salary range for this role is $110,000 to $145,000.  iCapital offers a compensat
Posted
2026-03-31T16:43:23-04:00

Key Requirements

Required Skills

PowerPoint

Domain Knowledge

  • Defense
  • Finance
  • Regulatory

Benefits & Perks

Health Insurance

yees also receive a comprehensive benefits package that includes an employer match

Requirements

Experience and basic knowledge of alternative investments and related operational workflows (i.e.

private equity, private credit, hedge funds, real assets)

Experience supporting governance and oversight routines, including committee materials, management reporting, audit and regulatory readiness, and maintaining an effective control framework (control inventory, documentation standards, evidence, and version control)

Knowledge of operational risk frameworks (i.e.

RCSAs, KRIs, issue management, control testing) and how they are applied in a first line of defense, (1LOD) environment

Able to interpret data, identify patterns, and translate insights into operational or control improvements

Compensation & Benefits

The base salary range for this role is $110,000 to $145,000.  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

Responsibilities

iCapital is seeking a Business Control Associate or Assistant Vice President to strengthen the firm’s operational foundation by embedding a robust first line of defense (1LOD) business control framework.

This includes risk identification, control design, control execution and testing, and governance while implementing scalable processes, standardization, and data driven insights within the Business Controls and Governance team.

This individual will help identify risks across key operational workflows, translate risks into practical preventive and detective controls, and ensure controls are documented, evidenced, stored and operating effectively to support operational excellence and regulatory compliance.

This role will partner closely with the Operations and Investment Product Management leadership team, process owners, the Compliance (2LOD) and Risk teams to drive clear ownership, effective challenges, timely issue remediation, and strong governance routines (i.e.

dashboards, committee materials, and control performance reporting).

The role offers meaningful opportunity to take on expanded responsibilities as the organization scales and the control environment evolves.