Subscriptions & Closings Manager

The role

Lead the Subscriptions & Closings team in GP Services. You will own fund and SPV setup, investor subscriptions, proration and closing confirmation, and act as the escalation point for GPs and institutional clients.

What you will do

• Lead the S&C team: set priorities, plan coverage including backup, coach and develop team members, and hold the team to SLAs for setup accuracy and closing turnaround.
• Own end-to-end quality of fund and SPV setup, subscription review, proration and closing confirmation, and act as final escalation point.
• Own control checkpoints including KYC/AML/sanctions screening and segregation of duties, and drive root-cause remediation of exceptions.
• Serve as direct S&C contact for GPs and institutional customers, translating their needs into product requirements and repeatable processes.
• Own playbooks for institutional closings, including side letters, capital call mechanics, multi-close and parallel-fund administration.
• Identify and ship product and process improvements with Product and Engineering teams.
• Collaborate with Fund Formation, Global Portfolio, Fund Services, Tax and Compliance on cross-functional matters.

Required qualifications

• 4+ years in fund administration, fund operations or investor services within private markets, with hands-on experience in investor subscriptions, capital closings, and fund or SPV setup.
• Direct experience closing traditional closed-end or drawdown funds, including capital calls, side letters and multi-close mechanics.
• Experience in a controls-conscious environment such as audit, compliance, AML/KYC or regulated financial services.
• Strong customer service experience serving GPs, LPs or institutional clients in private markets or fund administration.
• 1+ years managing or leading a team, with experience coaching people and running a high-volume queue against SLAs.
• Working knowledge of venture fund structures (SPVs, rolling funds, traditional drawdown funds) and governing documents including subscription documents and side letters.
• A product mindset, with experience turning recurring operational pain into a tooling or process change.
• Strong interpersonal and systems-analytic skills.

Benefits

• Competitive base salary, benefits and equity package
• Benefits that support life both in and outside of work

Before you apply

• Hybrid in-office schedule: at least two days per week from the NYC or SF office.

About the company

Belltower is AngelList's funds services division, formed in 2019 as its native fund administrator. It has supported 27k+ funds with over $25B in assets under administration.