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Vice President of Fund Operations

SBB Research Group
Northbrook, IL Full Time
POSTED ON 9/21/2025
AVAILABLE BEFORE 11/13/2025

The Vice President of Fund Operations will lead and oversee the firm’s operational infrastructure, ensuring accurate execution, efficient processes, and effective cross-departmental coordination. This individual will serve as a senior support to the Chief Operating Officer, guiding fund operations, risk and compliance support, technology oversight, and organizational initiatives. The Vice President of Fund Operations will act as an interdepartmental liaison, ensuring critical initiatives are delivered on time, within budget, and in alignment with firm goals.

This role requires extensive hedge fund operations experience (15 years), a strong quantitative and options background, and the capability to oversee all key operational functions – spanning from trade execution to middle and back-office processes.

Responsibilities

Fund Operations & Execution

  • Oversee execution and settlement of trades, including bespoke derivative products.
  • Manage trade confirmations, wire approvals, and broker and banking relationships.
  • Participate in valuation committee, risk management processes, and business continuity planning.

Cross-Department Leadership

  • Supervise and support teams across Operations, Engineering, and Human Resources, Partner with Accounting to ensure accurate financial reporting and cash management, while maintaining oversight.
  • Provide partnership to human resources strategy, policies, performance management, and employee engagement initiatives.
  • Review engineering priorities, project budgets, and system functionality. Encourage development of AI tools and emerging technologies.

Compliance & Risk Interface

  • Act as liaison between Operations and Compliance, ensuring timely delivery of information for regulatory filings and risk management decisions.
  • Collaborate with Chief Compliance Officer and legal partners on policy setting, risk controls, and governance.
  • Maintain strong awareness of compliance frameworks and regulatory requirements affecting hedge funds.

Strategic Reporting & Communication

  • Funnel operational updates and executive-level reporting to the Chief Operating Officer.
  • Coordinate key initiatives across departments; ensure projects are completed on time and aligned with strategic priorities.
  • Prepare dashboards, KPIs, and status reports for leadership and senior-level discussions.

Qualifications

  • 15 years of progressive experience in hedge fund operations, fund management, or related financial services.
  • Deep understanding of quantitative trading strategies, derivatives, and options markets (not required to be a trader, but must be fluent in strategy and operational impact).
  • Strong quantitative skills and risk awareness; prior valuation/risk committee participation preferred.
  • Demonstrated experience overseeing cross-functional teams (Operations, Human Resources, Compliance, Information Technology, Engineering).
  • Track record of managing budgets, and banking counterparties.
  • Bachelor’s degree in Finance, Accounting, Economics, or related field required; advanced degree (MBA, CFA, CPA) strongly preferred.
  • Exceptional leadership, communication, and project management skills.

About SBB Research Group

SBB Research Group is a Chicago-based investment management firm that views the market through a systematic, interdisciplinary lens. SBBRG specializes in bespoke investments designed to protect and grow investor capital. To date, the company has designed and executed over $2 billion in bespoke investments.

SBBRG Benefits & Compensation Summary

At SBBRG, we’re committed to cultivating an environment where employees are empowered to amplify their potential and create long-term value for the Firm and its investments. One of the ways we invest in our people and culture is through a comprehensive and competitive benefit offering, including:

Health & Wellness

  • Subsidized Medical, Dental, and Vision coverage
  • Ancillary benefits including Life Insurance, Short- and Long-Term Disability, and Flexible Spending Accounts (FSA)
  • Fitness membership reimbursement
  • Daily onsite lunch program
  • “Last mile” transportation coverage for commuters using public transit
  • Paid Parental Leave

Financial Security & Recognition

  • 401(k) retirement savings plan
  • Discretionary annual bonuses Long-Term Incentive Program

Work-life Balance

  • Paid time off (PTO)
  • Paid Sick leave
  • Paid holidays
  • Hybrid/Flexible work policy

Learning & Development

  • Tuition and education reimbursement

Culture & Community

  • Regular onsite and offsite cultural events to encourage team building and networking
  • Charitable giving programs and volunteer opportunities on behalf of the firm

Compensation Range $200,000-$300,000 base annual salary. Commensurate with experience, qualifications. Final compensation will reflect alignment with the Firm’s compensation structure and budget for the role.

Equal Opportunity Employer SBBRG is proud to be an Equal Opportunity Employer. We make employment decisions based on merit and business needs, without regard to race, color, ancestry, national origin, gender, sexual orientation, gender identity or expression, age, religion, disability, medical condition, veteran status, marital status, or any other status protected by law. This policy applies to all employment practices including recruitment, hiring, compensation, benefits, promotions, and terminations. We are committed to a workplace where every employee feels respected, included, and valued.

Salary : $200,000 - $300,000

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