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Director, Asset Manager Audit & Due Diligence

Minneapolis, Minnesota💼 Full-time💰 $130,000–$130,000🗓 2026-08-04 → 2026-09-26

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 operational risk.

Role type

Director, Asset Manager Audit & Due Diligence

Builds

Due diligence reports and risk assessments for manager selection and ongoing monitoring

Domain

Financial Services / Alternative Investments / Audit & Risk

Deliverable

client delivery

Required skills

operational due diligence, audit methodologies, risk assessment frameworks, control testing, financial statement analysis, regulatory compliance evaluation, project management

Preferred skills

alternative investment structures knowledge, fund operations expertise, SEC-registered investment adviser requirements familiarity, 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, cybersecurity, and vendor oversight; Perform onsite and virtual due diligence meetings with senior management; Identify and document operational, financial, regulatory, and reputational risks; Support ongoing monitoring of approved managers through periodic reviews; Collaborate with investment, legal, compliance, and risk teams; Assist in developing due diligence methodologies and frameworks; Monitor industry trends and regulatory developments.

Seniority

Director, strategic oversight & hands-on execution

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