Fund Associate

VerCap is a multi-billion-dollar family office deploying a flexible mandate across public and private markets in both equity and credit. The firm operates with a generalist, sector-agnostic approach, dynamically allocating capital to the most compelling, risk-adjusted market opportunities.

In Short, The Fund Associate will serve as a critical partner in supporting and strengthening the firm’s investment infrastructure, while helping enhance operational processes and internal controls. This position provides meaningful exposure across a wide range of public and private investments and offers a rare opportunity, early in one’s career, to gain a comprehensive understanding of how a sophisticated investment platform operates within a lean, entrepreneurial environment.

In long, our Fund Associate is responsible for

• Manage day-to-day relationships with brokers, including prime brokerage counterparties

• Coordinate trade execution and settlement for public equity and fixed income transactions

• Support bond and equity trading workflows, including allocations and confirmations

• Oversee cash movements, wires, margin activity, and collateral management

• Execute and process fund subscriptions, redemptions, and capital calls

• Monitor and reconcile positions across custodians and administrators

• Assist with onboarding new accounts, counterparties, and service providers

• Partner with third-party administrators to maintain the general ledger and investment accounting records

• Record and reconcile complex investment transactions across asset classes

• Prepare monthly NAV calculations and internal reporting packages

• Perform account reconciliations (cash, investments, accrued expenses, income)

• Assist with valuation support and documentation

• Coordinate with external fund administrators, auditors, and tax advisors

• Support annual audit and tax processes

• Assist with SEC reporting and regulatory support

• Maintain and strengthen internal controls and documentation

• Identify opportunities to streamline operational workflows

• Support ad hoc analysis and reporting for senior leadership

So What Kind of Folks Are We Looking for?

• Organization and time management skills in spades. You’ll be handling multiple projects and deadlines that will require you to prioritize then re-prioritize… then… re-prioritize again.

• Excellent verbal and written communication skills. The ability to talk and write with confidence, charisma and competence for a wide variety of audiences including management.

• A mind for the details. Okay we know “detail-oriented” is on about every job description – but we really mean it!

• Agile in a fast-past environment. We move, and we move quickly. Thriving in an environment that never stops, is a must.

• Plays well with others. You will be working in a high-functioning team environment. We work together in order to win together.

The Specifics.

• Bachelor’s degree in Accounting or Finance

• CPA license preferred

• 1-2 years’ experience in public accounting (Big 4 or equivalent preferred)

• Strong background in GAAP accounting

• Exposure to investment entities or financial services

• Experience with partnership allocations

• Enjoy working independently and taking on responsibility

• Ability to clearly communicate with a variety of professionals

• Adept at time management and prioritizing appropriately to meet deadlines

• Demonstrate initiative, discipline, and resourcefulness in thinking through issues

• Innovative, go-getter mindset and desire to spur team growth

• Positive attitude

So What About the Perks? Perks matter

• Medical, dental, and vision, oh my! DriveTime Family of Brands covers a sizable amount of insurance premiums to ensure our employees receive top-tier healthcare coverage. 
• But Wait, There’s More. 401(K), Company paid life insurance policy, short and long-term disability coverage to name a few.
• Growth Opportunities. You grow, I grow, we all grow!  But seriously, DriveTime Family of Brands is committed to providing its employees with every opportunity to grow professionally with roughly over 1,000 employees promoted year over year.
• Tuition Reimbursement. We’re as passionate about your professional development as you are. With that, we’ll put our money where our mouth is.
• Wellness Program. Health is wealth! This program includes self-guided coaching and journeys, cash incentives and discounts on your medical premiums through engaging in fun activities!
• Gratitude is Green.  We offer competitive pay across the organization, because, well… money matters!

• In-House Gym. We want our employees to be the best versions of themselves. So come early, take a break in your day or finish strong with a workout!
• Give Us a Reason (or not), and We’ll Celebrate.  Regardless of whether there is a holiday or not, we are finding ways to kick back and enjoy each other’s company outside of day-to-day work.
• Smart-Casual Dress. Come dressed in jeans (you’ll fit right in with the rest of us).

• Paid Time Off. Not just lip service: we work hard, to play hard!  Paid time off includes (for all full-time roles) wellness days, holidays, and good ole' fashioned YOU time!  For our Part-timers, don't fear you get some time too...vacation time is available - the more you work, the more you earn!

Anything Else?  Absolutely.

DriveTime Family of Brands is Great Place to Work Certified! And get this: 90% of our rockstar employees say they feel right at home here.  We could spend a lot of time having you read about ALL our awards, but we’ll save time (and practice some humility) just naming a few others; Comparably Awards: Best Company for Diversity, Best Company Culture and Best Company Leadership, oh and don’t forget Phoenix Business Journal Healthiest Employers (okay, we’ll stop there)!

Hiring is contingent upon successful completion of our background and drug screening process. DriveTime is a drug-free, tobacco-free workplace and an Equal Opportunity Employer.

And when it comes to hiring, we don't just look for the right person for the job, we seek out the right person for DriveTime. Buckle up for plenty of opportunities to grow in a professional, fun, and high-energy environment!