Subscription Compliance Associate - Private Funds (Hybrid)

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

Benefits offered by this job

Equity

Annual bonus

Health benefits

Dental coverage

Vision coverage

Parental leave

Unlimited PTO

Employer matched retirement plan

Job summary

iCapital is seeking a Subscription Document Review Associate to join its Regulatory and Compliance team in New York. You will review investor subscription materials to ensure completeness and compliance with the Investment Company Act, the Securities Act, the Exchange Act, and FINRA rules, supporting private and registered funds.

You will create and maintain Excel tracking, communicate with investment relation teams, and draft deficiency comments, in a fast-paced environment with a continuous

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, (i.e. limited liability company 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

Regulatory knowledge

AML/KYC knowledge

Attention to detail

Strong communication

Project management

Excel skills

Document review

Job description

iCapital is seeking a Subscription Document Review Associate to join its Regulatory and Compliance team in New York. You will review investor subscription materials to ensure completeness and compliance with the Investment Company Act, the Securities Act, the Exchange Act, and FINRA rules, supporting private and registered funds.

You will create and maintain Excel tracking, communicate with investment relation teams, and draft deficiency comments, in a fast-paced environment with a continuous