Compliance Associate

YieldStreet, Inc.; New York (NY); Hybrid; USD 90,000 - 125,000; Full time

Job summary

YieldStreet, a leading private market investment platform, is seeking a Compliance Associate to oversee compliance for an SEC-registered investment adviser. In this role, you will manage regulatory obligations, develop training, and ensure marketing materials comply with regulations.

Benefits

Competitive compensation packages including equity

Health, dental & vision coverage with FSA/HSA options

Unlimited PTO

401k Match

Paid lunch once a week

Life insurance

Summer Fridays

Qualifications

• 4-6 years experience as a compliance professional.
• Familiarity with the Advisers Act and FINRA regulations preferred.
• Experience reviewing marketing collateral for compliance.

Responsibilities

• Review and approve marketing collateral to ensure SEC compliance.
• Assist with managing regulatory filing obligations.
• Develop training on compliance policies and procedures.

Skills

Good judgment

Critical thinking

Effective communication

Project management

Comfort with ambiguity

Job description

Yieldstreet is the leading private market investment platform. We believe that private market alternatives should be a fundamental part of your portfolio. That’s why we’re unlocking access to make it easier than ever to get started. We partner with top-tier investment managers to provide investors with a wide range of opportunities across real estate, venture capital, private equity, art, short term notes and more. All of our offerings are curated and vetted by our team to help investors diversify away from the stock market with confidence.

Why Yieldstreet?

Join a team of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages who are on a mission to make alternative investments afundamental part of the modernportfolio. Our team is comprised of successful entrepreneurs with combined exits of over $1B. We get social with each other during happy hours, exercise classes and team off sites! We are a hybrid work company giving you the opportunity to connect with your peers in real time with the flexibility to work remotely a few days per week.

All Yieldstreet offices follow a 3 day per week (Tues, Wed, Thurs) hybrid work model.

ABOUT THE ROLE

YieldStreet is looking for a Compliance Associate to work with and report to the Regulatory and Compliance Counsel. In this role you will assist with the oversight of an SEC registered investment adviser, with a related FINRA Broker-Dealer. You will also have an opportunity to help develop, implement and drive effective and efficient Compliance processes, while partnering cross-functionally across Yieldstreet. In addition to providing support as it relates to the regulatory obligations of our business partners, you will continue to build compliance expertise through developing and delivering training and communications on compliance policies and procedures.

The ideal candidate will have a strong work ethic, good judgment, critical thinking skills, and the ability to communicate effectively.

WHAT YOU’LL DO

• Review and approve marketing collateral and communications with the public to ensure all marketing materials are in compliance with SEC’s Marketing Rule.
• Assist with implementing and monitoring adherence with the firm’s Code of Ethics and related procedures.
• Manage quarterly and annual certification processes for access persons and registered personnel. Track and monitor outside business activities, securities accounts, restricted trading list, gifts and entertainment, and political contribution pre-clearance requests.
• Assist with managing the firm’s regulatory filing obligations, including the annual ADV update, Form PF, and Form D filings.
• Assist the broker-dealer personnel in managing the licensing process, including the Broker-Dealer’s Firm Gateway and CRD filings (e.g. Form U4s, Form U5s, Form BD, Form BR, and State Registrations.)
• Help develop and deliver training and communications on compliance policies and procedures.
• Assist in maintaining all required books, records, manuals and correspondence, and managing any regulatory inquiries and exams.
• Assist Legal Team with certain document preparation and file maintenance. Other duties as needed.

WHAT YOU HAVE

• 4-6 years experience as a compliance professional at a registered investment adviser to private funds and/or registered funds or a FINRA registered broker-dealer is required.
• Familiarity with both the Advisers Act and with FINRA rules and regulations and the Investment Company Act are preferred.
• Broker-dealer or 40 Act experience is preferred.
• Series 7 and Series 24 Licenses a plus, or willingness to obtain licenses
• Experience reviewing marketing collateral for compliance with the Marketing Rule of the Advisers Act.
• Experience with regulatory exams or responding to regulatory inquiries a plus.
• Familiarity with Bank Secrecy Act and anti-money laundering obligations a plus.
• Comfort with ambiguity - capable of solving complex problems independently in a fast-paced environment.
• Demonstrated success at partnering, prioritizing, and balancing needs cross-functionally.
• Excellent writer and communicator.
• Excellent project management and organization skills.
• Willingness to commute into the Manhattan office three days a week

What’s in it for you:

Competitive compensation packages including equity

Health, dental & vision coverage with FSA/HSA options

Unlimited PTO

401k Match

Paid lunch once a week

Life insurance

Summer Fridays

The pay range for this role is:

90,000 - 125,000 USD per year (New York)