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Hedge Fund Assistant Jobs in Ridgewood, NJ (NOW HIRING)

Manage capital calls and capital distributions for assigned funds * Assist with data preparation ... or hedge fund clients * Demonstrated experience coordinating year-end financial statement audits ...

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Hedge Fund Assistant information

What does a hedge fund assistant do?

A Hedge Fund Assistant provides administrative and operational support to portfolio managers, analysts, and other team members at a hedge fund. Responsibilities typically include managing calendars, coordinating meetings, handling correspondence, preparing reports, and assisting with compliance and trade documentation. They may also help with research, data entry, and liaising with external partners. Strong organizational skills, attention to detail, and discretion are essential in this role.

What are the key skills and qualifications needed to thrive as a hedge fund assistant?

To thrive as a Hedge Fund Assistant, you need strong organizational abilities, attention to detail, financial literacy, and a relevant bachelor’s degree, often in finance or business. Familiarity with financial databases, portfolio management systems, Microsoft Excel, and sometimes Bloomberg Terminal is highly beneficial. Excellent communication, discretion, and the ability to multitask efficiently are standout soft skills for this position. These qualities are crucial for supporting busy hedge fund teams, ensuring smooth operations, and maintaining accuracy in a high-stakes, fast-paced environment.

What are entry level jobs at hedge funds?

Entry-level jobs at hedge funds often include roles such as research analyst, trading assistant, or operations associate. These positions typically require strong analytical skills, proficiency in Excel and financial modeling, and a bachelor's degree in finance, economics, or related fields. Internships are also common pathways into these roles for recent graduates.

What qualifications do I need to work as a hedge fund assistant?

A hedge fund assistant typically needs a bachelor's degree in finance, economics, or a related field. Strong analytical skills, proficiency in Excel and financial software, and attention to detail are important; some roles may also require relevant internships or experience in finance or investment environments.

What job categories do people searching Hedge Fund Assistant jobs in Ridgewood, NJ look for?

The top searched job categories for Hedge Fund Assistant jobs in Ridgewood, NJ are:

What cities near Ridgewood, NJ are hiring for Hedge Fund Assistant jobs?

Cities near Ridgewood, NJ with the most Hedge Fund Assistant job openings:

Infographic showing various Hedge Fund Assistant job openings in Ridgewood, NJ as of August 2026, with employment types broken down into 2% As Needed, 75% Full Time, 19% Part Time, 1% Temporary, and 3% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution.

Hedge Fund Finance - Assistant Vice President

iCapital

New York, NY • On-site

$110K - $145K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 23 days ago


Job description

About the Role
iCapital is looking to hire an Assistant Vice President to join the Hedge Fund Finance team. This role is hands on with operational responsibility for servicing tender offer and interval funds across private equity, hedge, and private credit asset classes in conjunction with third-party administrators. The ideal candidate will additionally manage all fund accounting and financial reporting to investors, including capital activity, partner capital statements, annual audited financials, and tax deliverables.
Responsibilities
  • Build and maintain relationships with underlying fund managers, fund administrators, and distributors.
  • Design and implement processes and procedures for servicing the funds. Work in close partnership with the management team to enhance and automate key processes, and to develop and enhance product, management, and other reporting, targeting both efficiency and scale.
  • Work closely with Investor Relations, Product, Legal and Compliance, Technology, Sales, and Marketing teams to support fund operations.
  • Reconcile internal records to NAV packages and calculations prepared by fund administrators.
  • Review of the financial statements prepared by fund administrators.
  • Provide oversight of fund administrators and other service providers, such as auditors, tax service providers, and custodians.
  • Monitor cash positions and liquidity of investments, reconciliations, and manage cash reserves.
  • Run accounts payable and expense allocation processes.
  • Define, update, and maintain operating policies and procedures.
  • Liaise with funds' custodian and funds' bank, as well as other counterparties as needed.
  • Work with counsel and CCO to ensure general compliance with fund docs as well as regulatory filings and requirements such as SEC and FINRA.
  • Fulfill ad-hoc tasks as required by the team and different parts of the organization.

Qualifications
  • Bachelor's degree in accounting, finance, economics, statistics, or another business-related field
  • 5+ years of fund accounting, fund administration, or finance operations experience (a focus on alternative investment funds including fund-of-funds and feeder funds preferred but not required
  • Private equity or private credit experience is preferred
  • Passion for the application of innovative technology
  • Advanced accounting skills, experience within an audit framework preferred
  • Advanced Excel skills
  • Demonstrated capacity and willingness to work within a close team structure on all tasks
  • Excellent organizational skills and attention to detail with ability to see the big picture
  • Proven ability to multi-task and work both independently and as a team player in a fast-paced, demanding environment
  • Strong verbal, written, and interpersonal communication skills
  • Eager to learn new topics and work in an evolving business environment

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 | 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.