Job Details
Compliance Associate - Private Wealth
Our Client is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program. With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.
Position Overview
The Compliance Associate will assist with respect to various aspects of administering the Compliance program for funds registered under the Investment Company Act of 1940 ( 40 Act ). The Compliance Associate will, among other items, prepare board materials for board approval of co-investment opportunities, prepare quarterly board reports, assist with deal review for compliance with 40 Act restrictions, track deal flow for compliance purposes, support the development, implementation and enforcement of compliance policies and procedures, assist with regulatory filings, and actively participate in helping to execute Our Client s compliance program for the 40 Act registered funds.
Essential Job Functions
Prepare board materials for deal approval pursuant to the funds co-investment order
Prepare quarterly board reports and other materials for review by the funds board
Assist with review of deals for compliance with 40 Act restrictions
Track deal flow for the funds
Assist with the 40 Act compliance monitoring and testing program
Participate in reviewing and analyzing federal and state laws and regulations, and relevant regulatory guidelines
Coordinate with the funds CCO and the business teams to review and implement operational or policy changes in response to regulatory or business changes
Perform other duties that may be required and assigned by senior Compliance team members
Education and/or Work Experience Requirements
Bachelor s Degree or relevant experience
Minimum of 4 years of compliance or regulatory experience with a financial institution
Exposure to the federal securities laws with extensive exposure to the Investment Company Act of 1940 preferred
Knowledge of investment products, financial markets, and investment concepts
Following Relevant Experience is a plus
Experience with an asset management firm with exposure to alternative investments and private markets
Experience with regulatory examiners for financial institutions (responding to regulatory requests, producing documents and/or assisting with respect to examinations)
Experience researching and interpreting laws and regulations, preferably in a financial institution
Required Knowledge, Skills, and Abilities
Strong organizational and project management skills
Strong individual contributor with the ability to work effectively as a member of a growing team
Well-developed interpersonal skills with an ability to establish credibility and to interact with employees throughout the organization, in addition to external advisors
Excellent verbal and written communication skills
Ability to effectively communicate regulatory rules and requirements
Communicate accurate and timely information to key stakeholders
Handle complex issues and problems and refer more complex issues to the funds CCO
Other Attributes
Self-starter, highly organized, analytical, detail oriented
Exhibit professionalism, integrity, openness and respect
Culture carrier for Compliance team values
Strong work ethic and excellent interpersonal skills
Salary Range: $85,000 - $119,000
The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.