Compliance Associate (Hedge Fund)

Coda Search│Staffing; New York (NY); On-site; USD 100,000 - 150,000; Full time

Job summary

A reputable Asset Management firm in New York is seeking an Associate for their Compliance Team. The role involves overseeing KYC requests, reviewing compliance policies, and interacting closely with various departments including Legal and Finance. Ideal candidates will have a Bachelor’s degree and at least 3 years of experience in Compliance or Legal fields related to Asset Management. The position is full-time and offers a salary range of $100,000 to $150,000 per year.

Qualifications

• 3+ years of experience in Compliance or Legal within Asset Management.
• Ability to present findings to managerial personnel.
• Knowledge of relevant financial regulations.

Responsibilities

• Oversee new initiatives for process improvement.
• Manage inbound KYC requests and regulatory forms.
• Review and approve AML compliance policies.
• Monitor compliance testing and surveillance.
• Assist with responses to regulatory inquiries.
• Review personal trading for compliance.
• Prepare investment presentations for management.
• Identify optimization opportunities in processes.

Skills

Data analysis

Effective communication

Microsoft Excel

Microsoft PowerPoint

Education

Bachelor’s degree

Job description

Base pay range

$100,000.00/yr - $150,000.00/yr

One of our highly reputable Alternative Asset Management clients currently seeking to add an Associate to their growing global Compliance Team. Ideal candidate will be working very closely with several teams including but limited to Legal, Compliance, and Regulatory. This individual will also be responsible for working very closely with various department heads (Highly Visible role) including but not limited to CCO, Legal/GC, Director of Finance, COO and CFO.

Essential Functions

• Oversee new initiatives targeting process improvement, and highlighting potential policies and procedures changes
• Manage all inbound KYC requests from firms various counterparties by constructing structure charts, completing FinCEN forms, and redacting various legal documents.
• Review and approve firm’s AML compliance policies and procedures
• Monitor compliance testing and surveillance
• Assist in researching and responding to comments and/or inquiries received from regulators
• Review and test personal trading activities for compliance with regulations and the Code of Ethics
• Preparing investment related presentations for senior management and firm principals
• Candidate will be responsible for identifying opportunities to centralize and optimize the processes to constantly improve overall group performance
• Assist with special projects, as requested.

Qualifications

• Bachelor’s degree from an accredited college or university
• Demonstrated ability to analyze data and present findings to managerial level personnel.
• Minimum 3+ years related professional experience in Compliance and/or Legal (Asset Management/Hedge Fund/Private Equity/Fund Administration or similar)
• Knowledge of Investment Company Act of 1940, Investment Advisers Act of 1940 and FINRA Rules and Regulations.
• Intermediate to Advanced Microsoft Excel/PowerPoint skills are required.
• Effective oral and written communication skills and ability to listen effectively.

Seniority level

Associate

Employment type

Full-time

Job function

Legal and Project Management