We're building the AI-native ERP that will define private markets infrastructure. This isn't an AI wrapper slapped onto legacy software — we built a proprietary general ledger accounting system from the ground up, designed specifically for complex investment firms. As the system of record, we've earned the trust to bundle fund administration with tools that were previously fragmented: investor portals, AI-powered portfolio management, KPI collection, and more.
With AI, context is king. And Hanover Park has all the context on our customers.
In under a year, we've scaled to over $15 billion in assets under administration, serving investment firms and LPs that include top-5 banks and major endowments. We're backed by Emergence Capital (first investor in Salesforce and Zoom), Susa Ventures (first investor in Robinhood and Flexport), and Lux Capital.
Stripe for payments. Ramp for expenses. Hanover Park for investments.
About the roleCapital calls, distributions, and wire transfers are zero-error-tolerance workflows. You'll be the financial control layer for some of the most sophisticated investment firms in the country — and you'll do it at a company that's actively automating the most painful parts of your job.This isn't a role where you inherit a legacy playbook and execute it indefinitely. You'll help document, streamline, and eventually automate the treasury processes that keep our clients' capital moving accurately and on time. You'll work closely with our fund accounting and engineering teams to make sure the operational infrastructure keeps pace with our growth.
What you'll work onProcess and own the full range of money movement workflows — capital calls, distributions, investment wires, bill payments, intercompany payables/reimbursements, and management fee payments, ensuring that they are processed accurately and on time
Serve as the operational control layer, catching errors before they reach the client
Reconcile cash positions daily and maintain current, accurate records
Partner with engineering to document and systematize treasury processes
Identify and surface automation opportunities to reduce manual intervention
Support fund accounting leadership on client escalations when needed
Own treasury approval workflows — helping migrate approvals out of ad hoc channels and into structured, auditable processes within the platform
Must-haves
Hands-on experience processing wire transfers and capital call/distribution workflows
Extreme attention to detail — you catch errors before anyone else does
Ability to work quickly under deadline pressure without sacrificing accuracy
Nice-to-haves
Experience at a fund administrator, PE/VC back office, or bank treasury team
Familiarity with fund accounting platforms
Understanding of management fee and waterfall structures
This is not the role for you if:
You're comfortable letting errors slide until someone else catches them
You've only worked in highly manual, paper-based processes and have no interest in automation
Attention to detail isn't something people would use to describe you
You'll help design the future of fund treasury ops — not just execute a legacy workflow. At Hanover Park, the most tedious parts of your job are exactly what we're building AI to eliminate. That means your time goes toward higher-judgment work, and your impact compounds as the platform scales.
The stakes are real. Errors have consequences for clients and their LPs. If that kind of accountability motivates rather than intimidates you, we should talk.
Equal opportunity employmentHanover Park is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, genetic information, or any other characteristic protected under applicable federal, state, or local law.
We are committed to building a team that reflects a diversity of backgrounds, perspectives, and skills. All qualified applicants will receive consideration for employment without regard to any protected characteristic.
If you require a reasonable accommodation during the application or interview process, please contact us at [email protected].
Hanover Park is headquartered in the Gramercy Area in New York City. This role is on-site 5 days per week.
Skills Required
- Experience in treasury operations or payment execution
- Understanding of banking infrastructure and compliance
- Ability to analyze data and support reporting
- Excellent communication skills to liaise with clients
- Experience with automation processes
Hanover Park Compensation & Benefits Highlights
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Career-Linked Recognition & Rewards — Messaging emphasizes urgency, ownership, and performance-driven structures typical of startups, indicating rewards may be closely tied to impact. Specific mechanisms or bands are not posted.
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What We Do
Hanover Park is the first AI-native fund administration company - built from the ground up to modernize an industry that manages over $100 trillion in assets and has been underserved by technology for decades. Fund administration is the operational backbone of private markets. It's how funds track capital, calculate returns, manage investor reporting, handle distributions, and stay compliant. For years, this work has been done on legacy systems, manual spreadsheets, and outdated software that wasn't built for the complexity or scale of modern private markets. The result: slow turnaround times, high error rates, and ballooning headcount just to keep up. Hanover Park changes that. We built our platform with AI at the core - not as a feature bolted on after the fact, but as the foundation everything runs on. That means faster processing, fewer errors, and a fundamentally better experience for the funds and investors we serve. We currently administer $15B+ in assets and are scaling rapidly. Our team sits at the intersection of finance and technology - fund accountants, engineers, and operators who understand both the complexity of private markets and what it takes to build world-class software. We move fast, hold a high bar, and care deeply about getting it right. We're Series A, backed by Emergence Capital, Lux Capital, and Susa Ventures - investors who back category-defining companies at the earliest stages. Emergence's thesis is vertical AI, and they've seen this movie before: they were early in Veeva when it was a small team with a big idea about what software could do for a single industry. Veeva became a $40B company. We think fund administration is the next industry ripe for that kind of transformation. The people joining Hanover Park now aren't walking into a finished product. They're walking into the moment when everything gets built — the platform, the team, the culture, the category. If you want to do the most important work of your career in a market that actually matters, this is where you do it.
Why Work With Us
Hanover Park is the first AI-native fund administrator — built from scratch, not retrofitted onto legacy workflows. We're modernizing a $100T+ market that's been underserved by tech for decades. $15B+ AUM, Series A backed by Emergence, Lux & Susa. Join at the ground floor of a category-defining company
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