AML/KYC Compliance Associate: Private Fund Focus (Hybrid)

iCapital; Salt Lake City (UT); Hybrid; USD 70,000 - 85,000; Full time

Benefits offered by this job

Employer matched retirement plan

Healthcare, dental, vision & telemed

Unlimited PTO

Remote Fridays

Job summary

iCapital is seeking a Compliance Associate to join its Regulatory and Compliance team to lead review and approval for investor AML and KYC with a strong private fund focus. You will ensure compliance with AML/KYC regulatory requirements and assist Legal and Compliance teams with various tasks, including reviews and audits.

You will collaborate across lines on initiatives, perform monitoring, and support inquiries and audits in a fast-paced environment.

Qualifications

• 1-4 years of alternatives experience, preferably with broker dealer and registered investment advisor experience.
• Strong knowledge of the Investment Company Act of 1940, Securities Act of 1933 and Cayman Islands AML regulations.
• AML/KYC knowledge of regulatory requirements for private fund investors.
• Experience with AML screening resolution vendor tools (LexisNexis, World-Check, ComplyAdvantage).
• Excellent verbal communication skills with the ability for personal interaction.
• ACAMS certification preferred; JD is a plus.

Responsibilities

• Review investor and client AML and KYC documentation, client communications, quarterly reporting and ongoing monitoring.
• Perform third party reliance testing and monitoring.
• Collaborate across business lines on new initiatives, providing compliance guidance.
• Conduct AML screening review and dispositions.
• Assist in preparing for and responding to inquiries and audits.

Skills

Alternatives experience

Broker-dealer & RIA experience

AML/KYC knowledge

ACAMS preferred

Strong communication

Tools

LexisNexis / World-Check / ComplyAdvantage

Job description

iCapital is seeking a Compliance Associate to join its Regulatory and Compliance team to lead review and approval for investor AML and KYC with a strong private fund focus. You will ensure compliance with AML/KYC regulatory requirements and assist Legal and Compliance teams with various tasks, including reviews and audits.

You will collaborate across lines on initiatives, perform monitoring, and support inquiries and audits in a fast-paced environment.