Private Funds Subscription Compliance Associate

Icapitalnetwork; New York (NY); Hybrid; USD 90,000 - 115,000; Full time

Benefits offered by this job

Equity for full-time employees

Annual performance bonus

Comprehensive benefits package

Retirement plan

Health insurance (medical)

Job summary

iCapital is seeking a Subscription Document Review Associate to join the Regulatory and Compliance team to ensure completeness and regulatory alignment of investor subscription materials for private and registered funds.

The role involves reviewing materials, maintaining trackers, and coordinating with sponsor and legal teams. A JD is a plus, with 1–3 years in alternatives and strong regulatory knowledge preferred. Position offers hybrid work in New York with competitive compensation.

Qualifications

• 1–3 years of alternatives experience, preferably with private funds and registered investment advisor experience.
• Experience in fund structuring and formation, reviewing governing documents for alternative and registered funds.
• Experience reviewing governing documents for investors (LLC agreements and trust agreements).
• Knowledge of the Investment Company Act of 1940 and Securities Act of 1933.
• AML and KYC knowledge of regulatory requirements for private fund investors is a plus.
• Excellent verbal communication skills and strong ability for personal interaction.
• Professionalism both client-facing and internally.
• Able to thrive in a fast-paced environment with a continuous learning mindset.
• Self-motivated with robust project management and process development skills.
• JD is a plus.

Responsibilities

• Review, track, and maintain investor subscription materials, including subscription booklets, indexes, and related documentation.
• Create and maintain Excel spreadsheets and reports tracking investor subscriptions, deadlines, and transaction-related data.
• Maintain and update rules of engagement for fund sponsors and law firm fund formation departments.
• Communicate with investment relation teams on ongoing fundraises and investor issues.
• Draft deficiency comments for investor subscription materials.

Skills

Alternatives experience

Fund structuring

Governing documents

Regulatory knowledge

AML/KYC knowledge

Verbal communication

Project management

Self-motivated

Client-facing

Education

Juris Doctor (JD)

Job description

iCapital is seeking a Subscription Document Review Associate to join the Regulatory and Compliance team to ensure completeness and regulatory alignment of investor subscription materials for private and registered funds.

The role involves reviewing materials, maintaining trackers, and coordinating with sponsor and legal teams. A JD is a plus, with 1–3 years in alternatives and strong regulatory knowledge preferred. Position offers hybrid work in New York with competitive compensation.