Head of Alternative & Hedge Fund Operations
Company: WhiteCap Search
Location: Los Angeles, CA
Salary: $205k - $305k per year
Type: Full-time
Posted: 2026-03-12
About this role
A leading global asset manager is seeking an experienced alternative operations executive to help scale its alternative and hedge fund operations capabilities. The role is based in the greater Los Angeles area, with full relocation assistance available for candidates outside the region. This individual will partner closely with Portfolio Managers and senior stakeholders across operations and technology to drive key operational priorities and enhance core capabilities across data, transaction, position, and performance management. The ideal candidate will have 10+ years of alternative operations experience, with strong ownership of end-to-end processes, operational controls, and project management expertise.
Job Function
- Serve as the business owner for hedge fund operations, setting direction, defining governance, and maintaining a clear operating model across people, process, and technology.
- Translate portfolio manager objectives into operational and technical capabilities, prioritizing multi-stakeholder demand and aligning funding to outcomes.
- Establish clear governance and communication routines with stakeholders across operations, technology, finance, risk, and compliance.
- Define ownership and quality controls for reference, market, and transactional data; implement metrics, data lineage, and exception management.
- Ensure timely, accurate trade booking and lifecycle management; reduce fails and claims and strengthen intraday processing.
- Oversee position integrity through reconciliations, corporate actions, cash movements, and financing workflows across internal and official records.
- Expand oversight of strategy-level performance and P&L, align internal and official measures, and standardize root-cause analysis and remediation.
- Build and maintain a robust control framework to improve accuracy, completeness, and timeliness across operations, including operational risk assessments.
- Partner with legal and compliance teams to support regula...