Regulatory and Compliance, AML - Associate

iCapital; New York (NY); Hybrid; USD 85,000 - 110,000; Full time

Benefits offered by this job

Employer matched retirement plan

100% employer paid dental, vision, and

Parental leave

Unlimited paid time off

Job summary

iCapital in New York, NY seeks a Compliance Associate to lead AML and KYC reviews for private funds, collaborating with Legal and Compliance.

You will review investor documentation, perform screenings, and assist with audits, reporting, and new initiatives across business lines. Strong knowledge of relevant acts and vendor tools is required; ACAMS preferred, JD a plus. Office Mon-Thu with Friday remote.

Qualifications

• 1–4 years of alternatives experience, preferably with broker-dealer and RIAs
• Strong knowledge of the Investment Company Act (1940) and Securities Act (1933) with Cayman AML regs
• AML/KYC regulatory requirements for private fund investors
• Experience with AML screening vendor tools (LexisNexis, World-Check, ComplyAdvantage)
• Excellent verbal communication and collaboration across teams
• ACAMS certification preferred

Responsibilities

• Review investor and client AML and KYC documentation, client communications, quarterly reporting and ongoing monitoring
• Perform third party reliance testing and monitoring
• Collaborate across various business lines on new initiatives, providing compliance guidance
• Conduct AML screening review and dispositions
• Assist in preparing for and responding to inquiries and audits

Skills

Communication skills

Project management

Process development

Self-motivation

Fast-paced environment adaptation

Education

JD (Juris Doctor)

Tools

LexisNexis

World-Check

ComplyAdvantage

Job description

Regulatory and Compliance, AML - Associate

New York, New York, United States

About the Role

iCapital is looking to hire a Compliance Associate to join its Regulatory and Compliance team to lead the review and approval process for investor AML and KYC with a strong private fund focus. This role will be responsible for ensuring compliance with all AML and KYC regulatory requirements and generally assisting the Legal and Compliance teams with various compliance-focused tasks.

Responsibilities

• Review of investor and client AML and KYC documentation, client communications, quarterly reporting and ongoing monitoring
• Perform third party reliance testing and monitoring.
• Collaborate across various business lines on new initiatives, providing compliance guidance.
• Conduct AML screening review and dispositions.
• Assist in preparing for and responding to inquiries and audits.

Qualifications

• 1-4 years of alternatives experience, preferably with both broker dealer and registered investment advisor experience
• Strong knowledge of the Investment Company Act of 1940, Securities Act of 1933 and Cayman Islands Anti-Money Laundering Regulations
• AML and KYC knowledge of regulatory requirements for private fund investors
• Experience with AML screening resolution vendor tools (i.e. LexisNexis, Worldcheck, ComplyAdvantage)
• Excellent verbal communication skills with the ability for personal interaction
• Thrives in a fast-paced environment with a continuous learning mindset
• Self-motivated with robust project management and process development skills
• ACAMS certification is preferred
• JD is a plus

The base salary range for this role is $85,000 to $110,000. 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 Twitter: @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 Aff

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