Senior Compliance Associate

Cardea Group; New York (NY); On-site; USD 120,000 - 175,000; Full time

Job summary

A leading diversified asset management firm in New York is seeking a Senior Compliance Associate. This role involves serving as the primary compliance specialist for registered fund matters and requires 3–6 years of experience in compliance within investment management. Candidates should have strong knowledge of the Investment Company Act, excellent communication skills, and proficiency in compliance tools. The position offers a competitive compensation package, including a base salary of $120-175K plus bonuses and cross-functional exposure.

Qualifications

• 3–6 years of compliance experience within investment adviser or regulatory environments.
• Strong working knowledge of compliance requirements.
• Ability to manage regulatory processes independently.

Responsibilities

• Serve as primary compliance point for registered fund matters.
• Conduct ongoing portfolio and trade surveillance for compliance.
• Review trade restrictions and escalate items as needed.
• Enhance compliance monitoring systems and workflows.
• Assist with regulatory filings, including registration statements.
• Support responses to regulatory exams and audits.
• Maintain compliance policies and track regulatory developments.
• Partner with various teams to ensure compliance standards.

Skills

Compliance experience

Investment Company Act knowledge

Analytical skills

Organizational skills

Verbal communication

Written communication

Data proficiency

Tools

Excel

Compliance monitoring tools

Job description

Senior Compliance Associate, Registered Funds (New York, NY):

Our client, a leading diversified asset management firm with over $50B in AUM, is seeking a high-caliber Compliance Associate to support its growing platform. The firm oversees a broad suite of investment products across private funds, registered vehicles, and multi-asset strategies. This role is ideal for a smart, self-directed compliance professional who enjoys building structure, owning processes, and operating autonomously. The position offers meaningful cross-functional exposure and the opportunity to shape a robust, scalable compliance program.

Key Points

• Opportunity to serve as the firm’s primary specialist on registered fund compliance with visibility across investment, legal, operations, and accounting teams with ownership of key compliance programs and the ability to build and enhance systems and controls.
• Broad exposure to diversified investment strategies, including credit, GP solutions, real estate credit, and multi-asset products.
• Collaborative environment with close interaction with senior compliance and legal leadership.
• Stable, well-capitalized firm with an entrepreneurial culture and long-term mindset.

Responsibilities

• Serve as the primary compliance point for registered fund matters, including Investment Company Act requirements, investment restrictions, liquidity classifications, valuation oversight, and board reporting.
• Conduct ongoing portfolio and trade surveillance to ensure adherence to regulatory requirements, client mandates, and internal policies.
• Review and monitor trade restrictions, escalation items, and post-trade testing exceptions.
• Build and enhance compliance monitoring systems, testing calendars, and forensic review workflows.
• Assist with regulatory filings, including registration statements, Form ADV, shareholder reports, N-PORT, and N-CEN.
• Support responses to regulatory exams, audits, and inquiries in partnership with counsel, fund administrators, and internal teams.
• Maintain and update compliance policies and procedures; track regulatory developments and translate them into practical internal guidance.
• Partner closely with Portfolio Management, Capital Formation, Operations, Accounting, Legal, and external administrators to ensure consistent compliance standards.

Qualifications

• 3–6 years of compliance experience within an investment adviser, asset manager, fund administrator, or regulatory environment.
• Strong working knowledge of the Investment Company Act of 1940 and registered fund compliance requirements.
• Demonstrated ability to manage recurring testing, monitoring, and regulatory processes independently.
• Strong analytical and organizational skills; able to balance multiple priorities effectively.
• Excellent written and verbal communication skills with the ability to explain complex regulatory matters clearly.
• Proficiency in Excel and compliance monitoring tools; comfort working with data and reporting.

Compensation

$120-175K base + competitive bonus