Compliance Analyst, Investment Advisory

49 Financial•Austin, TX

3d•Remote

About The Position

The Compliance Analyst, Investment Advisory supports the regulatory compliance programs of three SEC-registered investment advisory firms operating under the Three Strands entity. The role is responsible for compliance monitoring, regulatory testing, investment advisory oversight, and identifying and addressing potential regulatory risks. Working closely with the Regulatory Compliance Lead and Chief Compliance Officer, the analyst helps ensure compliance programs remain effective and aligned with applicable regulatory requirements and internal policies. Three Strands Group is the portfolio company housing 49 Financial, The Collective, and Alongside. It provides shared services and operational infrastructure to support the businesses across its portfolio.

Requirements

Bachelor's degree in Finance, Business Administration, Compliance, or a related field.
2–4 years of experience in financial services compliance, investment advisory operations, or a related field.
General knowledge of SEC-registered investment advisers and regulatory requirements.
Strong analytical, organizational, and problem-solving skills, with attention to detail.
Ability to identify compliance risks, communicate findings, and manage multiple priorities independently.
Proficiency in Microsoft Office, particularly Excel.
Professionalism, integrity, discretion, accountability, and sound judgment.
Strong organizational and time-management skills and clear, professional written and verbal communication.
Ability to work independently and contribute effectively in a collaborative team environment.
Ability to maintain confidentiality and adhere to company policies, procedures, and applicable laws and regulations.

Nice To Haves

Direct experience with SEC-registered investment advisers.
Familiarity with Form ADV, compliance testing, advisory fees, and SEC recordkeeping requirements.
Experience with investment advisory accounts, alternative investments, or compliance management systems.
Experience with custodian platforms and account aggregation systems, such as BlackDiamond.

Responsibilities

Conduct ongoing compliance testing and monitoring across all three advisory firms.
Assist with annual compliance reviews and firm-specific risk assessments.
Review advisory accounts for compliance with investment objectives, client agreements, and firm policies.
Perform periodic testing of advisory fee billing, trading activity, and other investment-related processes.
Identify, document, and escalate potential compliance exceptions or deficiencies.
Track corrective actions and assist with remediation efforts.
Assist with due diligence and compliance reviews of investment products, including alternative investments and private funds.
Review investment-related disclosures and documentation for consistency with regulatory requirements.
Support oversight of investment managers, subadvisors, and third-party investment platforms.
Assist in identifying and evaluating potential conflicts of interest related to investment recommendations, compensation arrangements, and business relationships.
Support preparation and maintenance of Form ADV and other regulatory disclosures.
Assist with SEC examinations, regulatory inquiries, and related document requests.
Maintain accurate compliance testing records and supporting documentation.
Assist in developing and updating compliance policies and procedures.
Prepare periodic compliance testing summaries and reports for department leadership.

Benefits

Medical coverage with four levels to choose from and an employer contribution.
Dental coverage with two levels to choose from.
Vision coverage with two levels to choose from.
401(k) plan and match.
Basic Life/AD&D coverage at no cost for full-time employees, with options to purchase additional coverage.
Short-Term Disability coverage at no cost for full-time employees.
Long-Term Disability coverage.
HSA contribution match.
FSA/Dependent Care.
Unlimited PTO.