AML - Associate / Assistant Vice President

iCapital is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $134 billion in global client assets invested in 1,065 funds, as of June 2022.

iCapital has been named to the Forbes Fintech 50 for five consecutive years (2018 – 2022); a back-to-back selection by Forbes to its list of Best Startup Employers; and a two-time winner of MMI/Barron’s Solutions Provider award (See link below).

iCapital is seeking a candidate to join the compliance team, within the Legal & Compliance department, to assist with administering iCapital’s anti-money laundering compliance program. This is an ideal role for someone looking to focus on AML/KYC in a fast-paced environment, leveraging new technology.

• Perform first-line and second-line account reviews when necessary for both onboarding and continued monitoring across private equity funds, hedge funds, and register fund offerings.
• Perform testing among high-risk and politically exposed client populations.
• Assist in reviewing and updating AML-related agreements.
• Assist in audit and testing of AML/KYC programs.
• Maintain library of relevant policies, procedures, FAQs, and checklists.

• Bachelor’s Degree, with 2-6 years of AML/KYC onboarding or screening experience in the Financial Services/Alternative Investments industry
• Strong knowledge of the Bank Secrecy Act, the USA PATRIOT Act, and OFAC/related sanctions laws
• Willing to learn and an interest in technology
• High level of integrity; able to handle sensitive and confidential material
• Prior experience with Lexis-Nexis, WorldCheck, or similar software is required
• Experience with Cayman Islands and/or European AML/KYC laws preferred
• CAMS preferred and JD a plus

iCapital offers a comprehensive benefits package that includes a competitive total compensation program consisting of salary, equity for all full-time employees, annual performance bonus, and an employer matched retirement plan; generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling; unlimited paid time off (PTO) and parental leave. 

We offer most employees the flexibility to work in the office three to four days and remotely for the remainder of the week.  Every department has different needs, and some positions will be designated in-office jobs, based on their function.

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.