Compliance Officer, IAS / Registered Funds - Associate

iCapital; Greenwich (CT); Hybrid; USD 90,000 - 115,000; Full time

Benefits offered by this job

Equity

Annual bonus

Retirement plan

Dental coverage

Vision coverage

Telemedicine

Mental health services

Parental leave

Unlimited PTO

Remote Friday option

Job summary

iCapital is seeking a Registered Funds Compliance Associate to support the compliance program for its registered fund platform. This role focuses on regulatory oversight, compliance testing, marketing review and advising business partners under the Investment Company Act of 1940 and the Investment Advisers Act of 1940.

The ideal candidate has hands-on registered fund compliance experience and can independently manage key responsibilities while partnering with Legal, Marketing, Fund Management,

Qualifications

• Bachelor's degree required; JD, MBA or other advanced degree a plus.
• 2–4 years of relevant compliance, legal, regulatory, audit, or financial services experience.
• Strong knowledge of the Investment Company Act of 1940 and Rule 38a-1.
• Familiar with the Investment Advisers Act and adviser compliance requirements.

Responsibilities

• Support the administration and enhancement of compliance programs for registered investment companies, including interval and closed-end funds.
• Review registered fund filings, marketing materials, and client communications.
• Perform compliance monitoring and testing under Sec. 206(4)-7 and applicable requirements under the Advisers Act and Investment Company Act.
• Assist with regulatory risk assessments and updates to compliance policies and procedures.
• Assist with oversight of sub-advisers, administrators, custodians, transfer agents, distributors, and other key fund service providers.
• Support SEC examinations and regulatory inquiries, including document production and preparation of responses.

Skills

Regulatory compliance

Analytical thinking

Written and verbal communication

Stakeholder engagement

Education

Bachelor's degree

JD or MBA or advanced degree

Job description

About The Role

iCapital is seeking a Registered Funds Compliance Associate to support the compliance program for its registered fund platform. This role will focus on regulatory oversight, compliance testing, marketing review and advising business partners on matters arising under the Investment Company Act of 1940 and Investment Advisers Act of 1940. The ideal candidate has hands-on registered fund compliance experience and can independently manage key responsibilities while partnering effectively with Legal, Marketing, Fund Management, Investments, Finance, and Product.

Responsibilities

• Support the administration and enhancement of compliance programs for registered investment companies, including interval and closed-end funds.
• Review registered fund filings, marketing materials, and client communications.
• Perform compliance monitoring and testing under Sec. 206(4)-7 and applicable requirements under the Advisers Act and Investment Company Act.
• Assist with regulatory risk assessments and updates to compliance policies and procedures.
• Assist with oversight of sub-advisers, administrators, custodians, transfer agents, distributors, and other key fund service providers.
• Support SEC examinations and regulatory inquiries, including document production and preparation of responses.

Qualifications

• Bachelor's degree is required; JD, MBA, or other advanced degree is a plus
• 2–4 years of relevant compliance, legal, regulatory, audit, or financial services experience
• Strong knowledge of the Investment Company Act of 1940 and Rule 38a-1
• Familiar with the Investment Advisers Act and adviser compliance requirements
• Experience with registered closed-end funds, interval funds, alternative investments, or private-market strategies is preferred
• Experience with compliance testing, SEC examinations, and/or service-provider oversight is preferred
• Strong analytical, organizational, written, and verbal communication skills
• Able to manage assigned compliance responsibilities, exercise sound judgment, and raise potential issues appropriately
• Able to translate complex regulatory requirements into practical business guidance and effective compliance controls

Benefits

The base salary range for this role is $ 90,000 to $ 115,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us X: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and affirmative action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.