RIA Compliance - 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 $191 billion in global client assets invested in 1,524 funds, as of May 2024.

iCapital has been named to the Forbes Fintech 50 for seven consecutive years (2018-2024); a three-time selection by Forbes to its list of Best Startup Employers (2021-2023); and a three-time winner of MMI/Barron’s Solutions Provider award (See link below). 

About the Role

iCapital is looking to hire an Assistant Vice President to join the Regulatory and Compliance team to administer and enhance iCapital’s registered 1940 Act product compliance program. This role will work closely with senior Legal and Compliance team members on a variety of compliance matters focused on registered funds including assisting with policies and procedures, implementing and maintaining testing programs, reviewing marketing materials, and overseeing regulatory reporting.  This individual will also work on similar matters relating to privately offered funds.

Responsibilities

• Assist in maintaining and updating policies and procedures relating to registered funds.
• Review registered fund filings, marketing materials, and client communications.
• Advise on issues relating to distribution.
• Oversee reporting processes.
• Perform compliance testing and monitoring.
• Assist in conducting company-wide training to meet SEC obligations.
• Monitor industry-wide compliance initiatives as well as important federal, state, and non-U.S. regulatory developments and conduct analyses as to how such developments impact our activities.

Qualifications

• Bachelor's degree in a related field
• 6-10 years of compliance program oversight in the RIA and Investment Company Act of 1940 registered products space with implementation and guideline monitoring experience
• Knowledge of the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Securities Exchange Act of 1934, and applicable and FINRA rules
• Experience in investment management, wealth management, or fintech industry
• Proficient in Microsoft Office Suite, specifically Word, PowerPoint and Excel
• Excellent presentation, communication, and interpersonal skills
• Willingness to learn new topics and work in an evolving business environment
• Organized and detail-oriented with big picture capability
• JD. or equivalent is preferred
• FINRA Series 7 and 24 is preferred

Benefits

The base salary range for this role is $100,000 to $150,000. 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 four days, with the flexibility to work remotely one day. 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.