CareerPlan

Director, Asset Manager Audit & Due Diligence

Minneapolis, MinnesotaFull-time$130k–$170k2026-08-04 → 2026-11-11
Hybrid · United States

Core

Execute operational due diligence reviews and audit assessments of external asset managers, investment managers, fund sponsors, and strategic investment partners to evaluate governance, operational infrastructure, financial controls, compliance programs, and overall operational risk.

Role type

Director, Asset Manager Audit & Due Diligence

Builds

Comprehensive due diligence reports and risk assessments for manager selection and monitoring decisions

Domain

Financial Services / Alternative Investments / Audit & Risk

Required skills

Operational due diligence, audit methodologies, risk assessment frameworks, control testing, financial statement analysis, regulatory compliance evaluation, cybersecurity assessment, business continuity planning, vendor oversight, project management

Preferred skills

Alternative investment structures knowledge, fund operations expertise, valuation practices, SEC-registered investment adviser requirements, SOC 1/2 report review

Technologies

N/A

Responsibilities

Conduct operational due diligence reviews of external asset managers and investment counterparties; Evaluate design and effectiveness of control environments and risk management frameworks; Review audited financial statements, regulatory filings, and compliance policies; Assess key functions including accounting, valuations, cash management, and cybersecurity; Perform onsite and virtual due diligence meetings with senior management; Identify and document operational, financial, and regulatory risks; Support ongoing monitoring of approved managers through periodic reviews; Collaborate with investment, legal, compliance, and risk teams; Develop and enhance due diligence methodologies and reporting standards; Monitor industry trends and regulatory developments

Seniority

Director, strategic leadership with hands-on execution