Regulatory and Compliance, AML - Assistant Vice President

iCapital•Salt Lake City, UT

21d•$85,000 - $110,000•Hybrid

About The Position

iCapital is hiring a Compliance Assistant Vice President to join its Regulatory and Compliance team. The role leads the review and approval process for investor AML and KYC, with a strong focus on private funds. It ensures compliance with AML and KYC regulatory requirements and assists the Legal and Compliance teams with compliance-focused work. The role works with business lines on new initiatives, performs ongoing monitoring and screening reviews, and supports responses to inquiries and audits. Employees work in the office Monday through Thursday and may work remotely on Friday.

Requirements

At least 5 years of alternatives experience, preferably including experience with both a broker-dealer and a registered investment advisor.
Strong knowledge of the Investment Company Act of 1940, the Securities Act of 1933, and Cayman Islands Anti-Money Laundering Regulations.
Knowledge of AML and KYC regulatory requirements for private fund investors.
Experience with AML screening resolution vendor tools such as LexisNexis, Worldcheck, or ComplyAdvantage.
Excellent verbal communication skills and ability to interact personally.
Ability to thrive in a fast-paced environment and maintain a continuous learning mindset.
Self-motivation, robust project management skills, and process development skills.

Nice To Haves

ACAMS certification is preferred.
A JD is a plus.

Responsibilities

Review investor and client AML and KYC documentation, client communications, quarterly reporting, and ongoing monitoring.
Perform third-party reliance testing and monitoring.
Collaborate across business lines on new initiatives and provide compliance guidance.
Conduct AML screening reviews and dispositions.
Assist in preparing for and responding to inquiries and audits.