SlipstreamJobs tracks this role from the company's public career site. Apply directly on the employer's site.
Salary: USD 90,000 - 115,000 / annual
iCapital is seeking a Regulatory and Compliance Associate to join its Regulatory and Compliance team. The role focuses on reviewing investor subscription materials submitted in relation to investments in private and registered funds, ensuring completeness and compliance with the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Securities Act of 1933, the Exchange Act of 1934, and FINRA Rules.
Key responsibilities include:
- 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 relations teams on ongoing fundraises and investor issues
- Draft deficiency comments for investor subscription materials
The role is hybrid, requiring in-office presence Monday through Thursday with remote flexibility on Fridays.
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 (e.g., 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 (a plus)
- Excellent verbal communication skills and strong ability for personal interaction
- Professionalism both client-facing and internally
- Ability 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
