Compliance, Registered Funds - Associate New York, NY, United States

Tbwa Chiat/Day Inc; Salt Lake City (UT); On-site; USD 90,000 - 115,000; Full time

Job summary

An established industry player is seeking a Compliance Associate to enhance their registered funds compliance program. This role involves working closely with the Legal and Compliance teams, reviewing marketing materials, monitoring compliance testing, and updating policies based on regulatory developments. The ideal candidate will have a strong background in compliance within the investment management or fintech sectors, with a passion for learning and adapting in a dynamic environment. Join a forward-thinking firm that values collaboration and innovation, offering a competitive salary and comprehensive benefits package, including unlimited PTO and a flexible work schedule.

Benefits

Unlimited Paid Time Off (PTO)

Employer Matched Retirement Plan

100% Employer Paid Dental Insurance

Subsidized Healthcare

Parental Leave

Virtual Mental Health Counseling

Qualifications

• 3-5 years of compliance oversight in registered products space.
• Knowledge of the Investment Company Act of 1940 and FINRA rules.

Responsibilities

• Review investment product marketing materials for compliance.
• Assist in maintaining policies and procedures based on regulations.
• Conduct company-wide training to meet SEC and FINRA obligations.

Skills

Compliance Program Oversight

Regulatory Knowledge

Investment Management

Wealth Management

Motivated to Learn

Education

Bachelor's Degree in a Related Field

Job description

Compliance, Registered Funds - Associate

New York, NY, United States

iCapital is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $214 billion in global client assets invested in 1,731 funds, as of December 2024.

iCapital has been named to the Forbes Fintech 50 for seven consecutive years (2018-2024); a three-time selection by Forbes to its list of Best Startup Employers (2021-2023); and a four-time winner of MMI/Barron’s Solutions Provider award.

About the Role

iCapital is looking to hire an Associate to join the Regulatory and Compliance team to administer and enhance iCapital’s registered 1940 Act product compliance program. This role will work closely with Legal and Compliance team members on a variety of compliance matters focused on registered funds including assisting with policies and procedures, implementing and maintaining testing programs, reviewing marketing materials, and overseeing regulatory reporting. This individual may also work on similar iCapital matters relating to privately offered funds.

Responsibilities

• Review investment product marketing materials for SEC and FINRA compliance.
• Review registered fund client communications and quarterly reporting.
• Perform registered fund compliance testing and monitoring.
• Assist in maintaining and updating policies and procedures based on new registered fund regulatory developments.
• Assist in conducting company-wide training to meet both SEC and FINRA obligations.
• Facilitate period Fund Board materials and Board reporting.
• Monitor industry-wide compliance initiatives as well as important federal, state, and non-U.S. regulatory developments and conduct analyses as to how such developments impact our activities.

Qualifications

• Bachelor's degree in a related field.
• 3-5 years of compliance program oversight in the RIA and Investment Company Act of 1940 registered products space with implementation and guideline monitoring experience.
• Knowledge of the Investment Company Act of 1940, the Investment Advisers Act of 1940, and applicable FINRA rules.
• Experience in investment management, wealth management, or fintech industry, particularly around alternative investments and understanding of compliance restrictions around registered products.
• Motivated to learn new topics and work in an evolving business environment.

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.

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.