Regulatory and Compliance, Subscription Document Review - Associate

United States·New Yorkmid

Legal & ComplianceCompliance

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Legal & ComplianceCompliance

About the Role

~1 min read

iCapital is looking for a Subscription Document Review Associate to join its Regulatory and Compliance team to review investor subscription materials submitted in relation to investments in private and registered funds. The candidate will be responsible for ensuring completeness and compliance of investor subscription materials 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.

Responsibilities

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→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.

Requirements

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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

What We Offer

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The base salary range for this role is $ 90,000 to $ 115,000. 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 https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/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.