Regulatory & Compliance Lead for Alternative Assets

IQ-EQ; Chicago (IL); On-site; USD 100,000 - 135,000; Full time

Benefits offered by this job

4 weeks PTO

401(k) with company match

Health benefits

Hybrid work schedule

Job summary

IQ-EQ in Chicago seeks an experienced Regulatory Compliance professional to provide regulatory compliance support to investment adviser clients, ensuring adherence to SEC Rules 206(4)-7 and 38a-1. The role involves updating programs for regulatory changes and guiding top private equity and hedge fund clients.

You will lead client interactions, oversee junior staff, and conduct annual reviews and testing of internal controls. A bachelor’s degree and 6–8 years of experience are required.

Qualifications

• Bachelor’s degree and 6–8 years of relevant compliance experience from a registered investment adviser, law firm, or investment consulting firm.
• Understanding of the Investment Advisers Act of 1940 and the Investment Company Act of 1940.
• Familiarity with SEC examination practices and hands-on experience with actual or mock SEC exams.
• Knowledge of regulatory requirements from CFTC, NFA, and FINRA.

Responsibilities

• Advise clients on compliance with key U.S. securities laws, including the Securities Act, Exchange Act, and Advisers Act, often independently with minimal input from senior team members.
• Lead and support client interactions, including calls, training sessions, and reviews of marketing materials, regulatory filings, and compliance policies to ensure adherence to applicable regulations.
• Oversee and mentor junior team members in executing compliance functions such as personal trading reviews, email monitoring, and surveillance of trading activities.
• Conduct and manage annual compliance reviews and testing systems to evaluate the effectiveness of internal controls and surveillance programs.
• Contribute to special projects and perform other compliance-related tasks as needed, helping maintain high standards across client engagements.

Skills

Regulatory compliance

SEC regulations

Independent work

Mentoring

Education

Bachelor's degree

Job description

IQ-EQ in Chicago seeks an experienced Regulatory Compliance professional to provide regulatory compliance support to investment adviser clients, ensuring adherence to SEC Rules 206(4)-7 and 38a-1. The role involves updating programs for regulatory changes and guiding top private equity and hedge fund clients.

You will lead client interactions, oversee junior staff, and conduct annual reviews and testing of internal controls. A bachelor’s degree and 6–8 years of experience are required.