Regulatory and Compliance - Associate at iCapital (Salt Lake City Utah, United States)
iCapital· Salt Lake City Utah, United States·
Job description
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
Benefits
The base salary range for this role is $ 70,000 to $ 85,000. 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 icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: linkedin.com/icapital-network-inc | Awards Disclaimer: icapitalnetwork.com/recognition
iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Why work at iCapital
- Culture: iCapital emphasizes open communication, transparency, integrity, collaboration, and excellence. The company has been recognized as a "Best Workplace" by Great Place to Work in Portugal and a "Best Startup Employer" by Forbes.
- Growth & Development: The company views learning and development as a critical investment, with career growth initiatives at every level — from recent graduates to senior managers. The company has grown from its 100th employee milestone to hundreds of employees globally, offering significant upward mobility.
- Global & Collaborative Environment: With 16 offices worldwide and an industry-leading R&D center in Lisbon, employees work on truly global teams. The company hosts monthly social events and volunteer opportunities.
- Benefits: Generous unlimited paid-time off (PTO), employer-matched retirement plan, 100% employer-paid dental, vision, telemedicine, and virtual mental health counseling, and subsidized health care. Benefits vary by country.
- Office Policy: Hybrid/office-based presence across global hubs. Offices are described as having fully-stocked kitchens and a collaborative atmosphere.