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Hedge Fund Operations Associate Jobs in Utah (NOW HIRING)

Carta

Associate Fund Controller

Sandy, UT · On-site

... operations teams while expanding your domain knowledge in an exciting and growing asset class. You ... You have a deep understanding of Venture Capital, Private Equity, Hedge Funds, and Private Credit ...

Carta

Associate Fund Controller

Sandy, UT · On-site

... operations teams while expanding your domain knowledge in an exciting and growing asset class. You ... You have a deep understanding of Venture Capital, Private Equity, Hedge Funds, and Private Credit ...

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All JobsHedge Fund Operations Associate JobsHedge Fund Operations Associate Jobs in Utah

Hedge Fund Operations Associate information

See Utah salary details

$10

$23

$48

How much do hedge fund operations associate jobs pay per hour?

As of Jul 2, 2026, the average hourly pay for hedge fund operations associate in Utah is $23.89, according to ZipRecruiter salary data. Most workers in this role earn between $16.20 and $27.60 per hour, depending on experience, location, and employer.

What does a Hedge Fund Operations Associate do?

A Hedge Fund Operations Associate is responsible for supporting the daily operational activities of a hedge fund. This includes trade settlement, reconciliation of accounts, managing fund cash flows, and ensuring accurate record-keeping of portfolio transactions. They also work closely with portfolio managers, traders, and external service providers to resolve discrepancies and facilitate smooth fund operations. Their role is crucial to maintaining compliance, minimizing risk, and ensuring the fund's financial accuracy.

What is the difference between Hedge Fund Operations Associate vs Hedge Fund Analyst?

AspectHedge Fund Operations AssociateHedge Fund Analyst
Primary FocusOperational tasks, trade processing, compliance, and fund administrationInvestment research, portfolio analysis, and strategy development
Required SkillsAttention to detail, operational knowledge, familiarity with trading systemsFinancial modeling, market analysis, strong analytical skills
CredentialsBachelor's degree, often certifications like CFA or CAIABachelor's or master's degree, CFA often preferred
Work EnvironmentSupportive, process-oriented, collaborativeResearch-driven, analytical, strategic

While both roles are integral to hedge fund operations, the Hedge Fund Operations Associate primarily handles operational and administrative tasks, ensuring smooth fund functioning. In contrast, the Hedge Fund Analyst focuses on investment analysis and strategy development. Understanding these differences helps candidates align their skills and career goals with the right role.

What are some common challenges faced by Hedge Fund Operations Associates, and how can they be managed effectively?

Hedge Fund Operations Associates often navigate highly detailed, fast-paced environments where accuracy and timeliness are crucial. Common challenges include reconciling complex trades across multiple systems, managing tight deadlines for reporting and settlements, and coordinating with both internal teams and external service providers. To manage these effectively, strong organizational skills, attention to detail, and proactive communication are essential. Many firms provide ongoing training and support, and collaboration with experienced colleagues can help new associates adapt and excel in the role.

What are the key skills and qualifications needed to thrive as a Hedge Fund Operations Associate, and why are they important?

To thrive as a Hedge Fund Operations Associate, you need strong analytical abilities, attention to detail, and a background in finance or accounting, often supported by a relevant bachelor's degree. Familiarity with portfolio management systems, trade reconciliation software, and platforms like Bloomberg or Excel is typically required, with some roles valuing certifications such as the CFA. Strong organizational skills, problem-solving, and effective communication are key soft skills for managing complex transactions and collaborating with internal and external stakeholders. These skills and qualities are vital for ensuring accurate trade processing, risk mitigation, and smooth fund operations in a high-stakes financial environment.
What are the most commonly searched types of Hedge Fund Operations jobs in Utah? The most popular types of Hedge Fund Operations jobs in Utah are:
What cities in Utah are hiring for Hedge Fund Operations Associate jobs? Cities in Utah with the most Hedge Fund Operations Associate job openings:
Hedge Fund Operations Associate jobs near you
Hedge Fund Finance - Vice President

Hedge Fund Finance - Vice President

iCapital

Salt Lake City, UT • On-site, Remote

$125K - $155K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 20 days ago

Job description

About the Role

iCapital is looking for a Vice President to join its Hedge Fund Finance team to focus on Hedge Fund Accounting and Administration duties. This individual will work closely with other team members, vendors, senior management, and clients on a variety of accounting and reporting processes. 

Responsibilities

  • Lead and manage a portfolio of private equity and hedge fund feeder funds.
  • Work with the Implementation teams with regards to new business and fund launches.
  • Review feeder fund draft documents (LPA/PPM) as well as underlying fund operational questionnaires prior to fund launch. Provide feedback to internal legal or fund origination teams if there is anything that should be considered from a fund finance perspective.
  • Review monthly and/or quarterly feeder fund NAV and partners' capital account statement issuance by the team and track KPIs.
  • Review and sign-off on capital call and distribution cash analysis, investor allocation files and notices prepared by third party admins and Associate or Assistant Vice President members of the Fund Finance team.
  • Participate in management-level meetings internally and externally.
  • Facilitate and work with the Technology and Product teams to drive process automation and efficiency.
  • Monitor fund's compliance with the partnership operating agreement terms.
  • Oversee the funds' progress on preparation of annual fund financial statements in accordance with US GAAP.
  • Help prepare and oversee other periodic and ad hoc reporting in collaboration with compliance, legal and other internal and external stakeholders.

Qualifications

  • Bachelor's degree in accounting or finance
  • 10-15 years of fund management accounting and operations experience with a focus on alternatives
  • Advanced degree and credentials, or progress towards MBA, CPA, CFA, or CAIA designation is a plus
  • Passion for the application of innovative technology
  • 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
  • Willingness to learn new topics and work in an evolving business environment
  • Organized and detail oriented with big picture capability

Benefits

The base salary range for this role is $125,000 to $155,000.  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.

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