About the RoleiCapital is looking to hire a Compliance Officer to oversee the relevant investment advisers supporting the Exchange-Traded Funds (ETF) and 1940 Act Registered Funds businesses. This individual will also be responsible for assisting and/or leading the implementation and administration of compliance programs for the firm's SEC Registered Investment Advisers, NFA and CFTC registered Commodity Pools, and other compliance-related activities as they relate to these products or entities.
Responsibilities- Maintain expert knowledge of regulations applicable to ETFs and 1940 Act Registered Funds and their investment advisers, including the Investment Advisers Act of 1940, Investment Company Act of 1940, and Rule 6c-
- Monitor and advise on regulatory developments affecting ETFs, including derivatives, valuation, liquidity, and related rulemaking.
- Design, implement, and maintain compliance programs under Rule 206(4)-7 and Rule 38a-1 for '40 Act trusts, registered investment advisers, and commodity pool operators.
- Provide compliance leadership and support for ETF and Registered Funds initiatives, including identifying regulatory risks and developing practical solutions.
- Advise Product, Portfolio Management, Operations, and other stakeholders on product structuring, operations, investment strategies, and disclosures.
- Lead compliance efforts for ETF and Registered Funds launches and product changes from concept through effectiveness and post-launch execution.
- Translate regulatory requirements and fund governing documents into scalable policies, procedures, and compliance controls.
- Oversee product-specific compliance obligations, including disclosure monitoring, premium or discount reporting, and regulatory filings.
- Conduct pre- and post-trade compliance monitoring, portfolio guideline testing, and issue resolution.
- Support trading oversight frameworks, including best execution governance and related compliance practices.
- Perform compliance testing, reporting, and remediation tracking to ensure timely resolution of issues.
- Oversee and coordinate compliance reviews of third-party service providers, including administrators, custodians, legal counsel, and auditors.
Qualifications- Bachelor's degree, Law Degree or MBA is preferred
- 10+ years of compliance experience in the financial services industry, including a robust understanding of and experience with exchange-traded funds, derivatives, alternatives and the regulatory landscape
- Demonstrated knowledge of U.S. securities laws, particularly the Investment Company Act of 1940, the Investment Advisers Act of 1040, the Securities Act of 1933, the Securities Exchange Act of 1934 and other SEC, CFTC, NFA and FINRA regulations
- Strong knowledge and prior experience with investment company, investment adviser, and NFA or CFTC compliance programs and requirements
- Strong experience in dealing with matters associated with Rule 38a-1 under the Investment Company Act of 1940 and Rule 206(4)-7 under the Investment Advisers Act of 1940
- Prior Broker or Dealer knowledge and experience working with ETFs and other alternative assets and FINRA rules/regulations is also highly desired.
- Experience with regulatory examinations, investigations or other interactions specifically with the SEC, FINRA and NFA
- Experience evaluating risk and mapping risk and controls across firm practices
- Skilled at developing other team members through mentoring or helping upskill
- Able to operate in a fast-paced environment
- Detail oriented with the ability to assess and prioritize projects
- FINRA Series 7 and 24 licenses are preferred
BenefitsThe base salary range for this role is $150,000 to $175,000. 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: [redacted] | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/
