AML Assistant Vice President (Regulatory and Compliance)

iCapital; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

iCapital is seeking a Compliance Assistant Vice President to join its Regulatory and Compliance team to lead the review and approval process for investor AML and KYC with a strong private fund focus.

The role will ensure compliance with AML/KYC requirements and assist Legal and Compliance with various tasks, including review of AML/KYC documentation, client communications, quarterly reporting and ongoing monitoring.

Qualifications

• 5+ years of alternatives experience, preferably with broker-dealer and registered investment adviser experience.
• Strong AML/KYC knowledge of regulatory requirements for private fund investors.
• Strong knowledge of the Investment Company Act of 1940, Securities Act of 1933, and Cayman Islands AML regulations.

Responsibilities

• Lead the review and approval process for investor AML and KYC with a private fund focus.
• Review investor and client AML/KYC documentation, client communications, quarterly reporting and ongoing monitoring.
• Perform third party reliance testing and monitoring; assist in inquiries and audits.
• Collaborate across business lines to provide compliance guidance and support AML/KYC initiatives.

Skills

Project management

Process development

Verbal communication

Education

ACAMS certification preferred

JD is a plus

Tools

LexisNexis

Worldcheck

ComplyAdvantage

Job description

• ICapital is looking to hire a Compliance Assistant Vice President to join its Regulatory and Compliance team to lead the review and approval process for investor AML and KYC with a strong private fund focus
• This role will be responsible for ensuring compliance with all AML and KYC regulatory requirements and generally assisting the Legal and Compliance teams with various compliance-focused tasks
• Review of investor and client AML and KYC documentation, client communications, quarterly reporting and ongoing monitoring
• Perform third party reliance testing and monitoring
• Collaborate across various business lines on new initiatives, providing compliance guidance
• Conduct AML screening review and dispositions
• Assist in preparing for and responding to inquiries and audits

• ACAMS certification is preferredJD is a plus5+ years of alternatives experience, preferably with both broker dealer and registered investment advisor experienceSelf-motivated with robust project management and process development skillsAML and KYC knowledge of regulatory requirements for private fund investorsThrives in a fast-paced environment with a continuous learning mindsetExcellent verbal communication skills with the ability for personal interactionExperience with AML screening resolution vendor tools (i.e. LexisNexis, Worldcheck, ComplyAdvantage)Strong knowledge of the Investment Company Act of 1940, Securities Act of 1933 and Cayman Islands Anti-Money Laundering Regulations