Analyst Alternative Fund Admin

Analyst Alternative Fund Admin

Position:
Analyst, Alternative Fund Administration

Business Unit(s):
Portfolio Administration

Location:

New York, NY or Tampa, FL

Reporting to:
Manager, Alternative Administration

Van Eck 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, Port Ops 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:

• Handle various accounting and operational functions across a basket of private funds' portfolio of frontier technology investments spanning across AI, cryptocurrency, tokenized assets, decentralized finance (DeFi), and other digital assets — gaining deep exposure to some of the most dynamic sectors in private markets
• Model and review carried interest and waterfall calculations in accordance with the limited partnership agreement
• Calculate monthly incentive fees and/or GP carry
• Manage cash flow / vendor expenses / budgets and projections for various entities
• Perform oversight of monthly and quarterly fund NAV packages
• Assist in production of various valuation works for Private Equity and Venture Capital investments
• Maintain procedures and perform oversight of partner capital account / NAV calculations, including, among other accounts, accurate expense accruals and expense caps
• Act as liaison between the custodian, portfolio management, portfolio operations and Fund Administration to resolve problems
• Assist in oversight and management of the Capital Call and Distribution process for limited partners
• Work closely with internal teams and third-party vendors
• Work on any special projects assigned by Management

Supervisory Responsibilities:

This role does not have supervisory responsibilities

Qualifications:

• Accounting, tax and operational experience - digital assets experience is a plus
• Possess presence to interact with service providers, clients, consultants and senior management
• Knowledge of alternative investment structures including Master Feeder Funds and SPV's
• Comfortable working with new product ideas and developing corresponding processes and procedures
• Strong experience with private fund structures and calculation of incentive fees and carry
• Big 4 audit firm experience a strong plus
• Strong understanding of GAAP standards
• Strong communication skills, sharing important information with other departments
• Candidate needs to work with peers, portfolio managers and third-party representatives
• Track record of hands-on problem solving, detail-oriented and able to multi-task
• Ability to analyze data, think critically
• Ability to work independently and take a task to completion
• Understanding how to prioritize projects and when to escalate issues

Education and/or

Experience:

• Bachelor's degree in accounting is preferred but other related degrees will be considered
• 3-5 or more years of relevant industry experience, with significant experience with investment partnership products
• CPA is a plus

Compensation:
If this position will be performed in whole or in part in New York City, the base salary range is $85,000 – $110,000. 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.

Van Eck is committed to treating all applicants and employees fairly and to providing equal opportunity in compliance with applicable federal, state and local laws. Van Eck 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.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.