Regulatory and Compliance, AML - Assistant Vice President

iCapital•Salt Lake, UT

20d•Hybrid

About The Position

iCapital is seeking a Compliance Assistant Vice President to join its Regulatory and Compliance team. The role leads the review and approval process for investor anti-money laundering (AML) and know-your-customer (KYC) matters, with a strong focus on private funds. It is responsible for ensuring compliance with applicable AML and KYC regulatory requirements and supporting the Legal and Compliance teams with compliance-focused work. The position works with business lines on new initiatives and provides compliance guidance, conducts screening reviews, and assists with inquiries and audits. Employees in this role work in the office Monday through Thursday and may work remotely on Friday.

Requirements

At least 5 years of alternatives experience.
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 with a continuous learning mindset.
Self-motivation, robust project management skills, and process development skills.

Nice To Haves

Experience with both broker-dealer and registered investment adviser environments is preferred.
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.