Senior Audit & Operational Due Diligence; ODD Diversified Investment Management Platform

Operational Due Diligence (ODD) & Audit — Global Investment Management Firm

Location: Minneapolis, MN

Schedule: Hybrid, 4- 5 days in the Minneapolis office.

Travel: Less than 25% domestically.

Jackson Lucas is partnering with a well-capitalized investment platform and leading global investment firm, seeking an experienced audit and operational due diligence professional to join its Minneapolis-based team.

This role focuses on evaluating outside organizations the firm relies on to originate, service, administer, manage and support its investments. That can include asset managers, loan originators, servicers, administrators, investment platforms and other financial-services counter parties.

Rather than auditing one company’s internal departments, you will look across different organizations to understand how they operate, assess their financial and operational controls, identify risks, meet with management teams and determine whether the organization can be relied upon to support the firm’s investments.

• Conduct onsite and remote reviews of external asset managers, loan originators, servicers, administrators and other investment counter parties.
• Meet with management and functional leaders to understand how the organization operates and identify areas of financial and operational risk.
• Evaluate areas such as financial reporting, cash movement and authorization, reconciliations, valuation, staffing and segregation of duties, technology, cybersecurity, business continuity, vendor oversight and SOC reports.
• Assess the design and effectiveness of controls and identify areas requiring additional diligence, remediation or ongoing monitoring.
• Prepare clear written findings and recommendations that help investment and business leaders determine whether a counter party should be approved, monitored, remediated or escalated.
• Help enhance due diligence processes, questionnaires, risk assessments, reporting and monitoring as the platform continues to grow.
• Partner with investment, operations, finance, risk, legal, compliance and senior business leaders.
• 8+ years of experience in audit, operational due diligence, operational risk or a related financial-services control function.
• CPA, Chartered Accountant or comparable accounting/audit credential required.
• A strong foundation in public accounting or Big 4 / Big 10 audit, ideally covering asset managers, investment funds, financial institutions or other financial-services clients.
• Experience evaluating financial statements, internal controls, business processes and operational risk.
• Experience assessing external organizations, managers, service providers or counter parties is especially valuable.
• Background within asset management, alternative investments, private credit, hedge funds, private equity, fund-of-funds, OCIOs, banking or other institutional financial-services environments is highly relevant.
• Comfort interacting directly with senior management and making judgment-based recommendations from incomplete or complex information.

• Move beyond traditional audit into an externally focused, investment-oriented role where your work helps inform real business and counter party decisions.
• Real ownership — not just testing controls or issuing findings. You will develop a point of view on how well an organization operates and where meaningful risk exists.
• Meet directly with CFOs, COOs, controllers, compliance leaders, and other senior executives at investment managers and financial-services firms.
• Gain broad exposure across alternative investments, asset management, operations, valuation, risk, compliance, technology, and third-party providers.
• Help shape and improve diligence methodologies, reporting, and processes as the function continues to grow.
• Work closely with investment, operations, legal, risk, compliance, and senior business leaders.
• Established investment platform with strong institutional backing.

Base Salary Range: $130-$180K + discretionary bonus