Manager- Regulatory Compliance (Alternative Assets)

IQ-EQ; Chicago (IL); On-site; USD 85,000 - 130,000; Full time

Job summary

An established industry player is seeking a Compliance Consultant to support investment advisers with regulatory compliance services. In this role, you will work closely with private equity and hedge fund firms, ensuring their compliance programs meet SEC regulations and best practices. You will be responsible for advising clients, reviewing marketing materials, and conducting training sessions. This position offers an exciting opportunity to work in a dynamic environment, where your expertise will directly impact the success of clients in the alternative asset industry. Join a team of seasoned professionals and make a meaningful contribution to the compliance landscape.

Qualifications

• 4-6 years of compliance experience at a registered investment adviser or law firm.
• Strong knowledge of SEC regulations and compliance practices.

Responsibilities

• Advise clients on compliance with federal securities laws and regulations.
• Oversee junior team members in compliance functions and training.

Skills

Regulatory Compliance

Analytical Skills

Problem-Solving Skills

Communication Skills

Organizational Skills

Technical Skills

Education

Bachelor's degree

Tools

Microsoft Excel

Microsoft Word

Job description

Job Description

Support and assist IQEQ’s investment adviser client by providing regulatory compliance services through oversight of the execution and continuous improvement of the client’s compliance program, which meets the requirements of SEC Rules 206(4)-7 and 38a-1, including other state and federal securities laws and regulations. Update the client’s compliance programs as necessary to keep them current with new regulatory requirements and best business practices. You will be working directly with leading private equity and hedge fund firms in the alternative asset industry under the guidance and direction from our experienced team of industry veterans. You will be facilitating our service offering by assisting, performing, and reviewing the following:

1. Advising clients on compliance with the Securities Act, Securities Exchange Act, Advisers Act and other applicable regulatory directives.
2. Advising on and reviewing firm marketing and advertising materials for compliance with the Advisers Act and other applicable regulatory requirements.
3. Assist and oversee junior team members in the performance of compliance functions, such as personal trading review, email review, the monitoring of firm trading activities and maintaining restricted lists.
4. Perform reviews needed to complete an Annual Review of policies and procedures as required under the Advisers Act.
5. Preparation and filing of required US regulatory filings.
6. Prepare and conduct training for our clients, according to the client’s needs, particularly regarding the Advisers Act.
7. Draft client policies and procedures.
8. Design and monitor testing systems to ensure the efficacy of controls and surveillance programs.
9. Mentor new Associates/Senior Associates.
10. Perform other compliance-related responsibilities and special projects as needed.

Qualifications:

1. Bachelor's degree
2. 4 to 6 years of relevant compliance experience at a registered investment adviser, law firm, or investment consulting firm, experience practicing law regarding registered investment companies preferred.
3. Strong working knowledge of the IA Act of 1940 and the ICA of 1940
4. Knowledge of SEC Exam practices, experience with SEC exams and mock exams preferred.
5. Knowledge of CFTC / NFA as well as FINRA requirements is a plus.
6. Analytical, technical, and technology skills with proficiency in basic Office software, including Excel and Word
7. Must be able to demonstrate strong organizational and problem-solving skills with attention to detail
8. Must be able to demonstrate strong oral and written communication skills
9. Strong analytical skills with the ability to exercise discretion and make independent judgments on matters of significance for IQ-EQ and/or IQ-EQ clients
10. Dependable, flexible, and adaptable to changing client needs and initiatives.
11. Ability to work well in a fast-paced environment
12. Must be able to work independently, multi-task and prioritize effectively
13. Ability to establish and maintain effective working relationships with employees and clients

Additional Information:

Salary based on experience and location ($85,000 - $130,000) and full benefits package offered.