Compliance Associate (Hedge Fund)

Coda Search│Staffing; New York (NY); On-site; USD 70,000 - 90,000; Full time

Job summary

A reputable staffing agency in New York seeks an Associate for a global Compliance Team in the financial sector. The role requires collaboration with departments such as Legal and Compliance. Candidates should possess over 3 years of relevant experience and a Bachelor’s degree. The position focuses on overseeing process improvements, managing KYC requests, reviewing compliance policies, and preparing presentations for senior management. Strong analytical and communication skills are essential.

Qualifications

• Minimum 3+ years related professional experience in Compliance or Legal.
• Knowledge of relevant regulations and acts (1940 acts, FINRA).
• Intermediate to Advanced Microsoft Excel/PowerPoint skills.

Responsibilities

• Oversee new initiatives for process improvement.
• Manage inbound KYC requests and related documentation.
• Review and approve AML compliance policies.
• Monitor compliance testing and surveillance.
• Assist with regulatory comments and inquiries.
• Review personal trading for compliance.
• Prepare presentations for senior management.
• Identify opportunities for process optimization.
• Assist with special projects as needed.

Skills

Data analysis

Effective communication

Process improvement

Compliance knowledge

Microsoft Excel

Microsoft PowerPoint

Education

Bachelor’s degree

Job description

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
• The candidate will have a demonstrated ability to analyze data and be able to present findings to the managerial level personnel.
• Minimum 3+ years related professional (Compliance and/or Legal) experience (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.