Compliance Associate - Registered Funds

Fairview Compliance Services•Raleigh, NC

About The Position

We are seeking a Compliance Associate with experience and working knowledge of mutual funds, exchange-traded funds (ETFs), and other registered investment companies. This client-facing position works directly with clients and collaborates with the compliance team to support SEC-registered investment advisers that manage or advise registered investment companies. The ideal candidate has practical knowledge of registered fund structures, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and compliance requirements applicable to mutual funds, ETFs, their investment advisers, and other participants in the registered fund environment. The role calls for strong technical knowledge, communication skills, attention to detail, and the ability to work collaboratively with clients and colleagues.

Requirements

Bachelor's degree.
Professional experience working with mutual funds, ETFs, registered investment companies, investment advisers to registered funds, or in a closely related investment management compliance environment.
Working knowledge of the Investment Company Act of 1940 and practical experience with regulatory and compliance requirements applicable to mutual funds, ETFs, or other registered investment companies.
Familiarity with the Investment Advisers Act of 1940 and the compliance obligations of SEC-registered investment advisers.
Experience in investment management compliance, registered fund compliance, legal or regulatory matters, consulting, fund administration, or a related field.
Ability to understand and apply regulatory requirements to day-to-day compliance activities.
Strong analytical and organizational skills and careful attention to detail.
Strong written and verbal communication skills and ability to communicate effectively with clients and colleagues.
Ability to manage multiple client matters and priorities in a collaborative, deadline-driven environment.

Nice To Haves

Experience with mutual fund or ETF compliance.
Experience with registered investment company compliance programs.
Experience with investment adviser compliance.
Experience with Investment Company Act requirements.
Experience with fund governance and board reporting.
Experience with compliance testing and annual reviews.
Experience with SEC regulatory examinations.
Experience with regulatory filings and recordkeeping.
Experience with fund service-provider oversight.
Experience with policies and procedures applicable to advisers or sub-advisers to registered funds.

Responsibilities

Work directly with SEC-registered investment adviser clients that serve as investment advisers or sub-advisers to mutual funds, ETFs, and other registered investment companies.
Collaborate with compliance team members to support clients' ongoing compliance programs.
Support compliance programs addressing requirements under the Investment Advisers Act of 1940 and Investment Company Act of 1940, including additional requirements associated with managing or advising registered investment companies.
Assist clients with administering, monitoring, testing, and enhancing compliance policies and procedures.
Review policies, procedures, compliance testing, and other elements of advisers' compliance programs relating to mutual fund and ETF activities.
Assist with ongoing regulatory filings, compliance monitoring, testing, documentation, and recordkeeping requirements.
Support preparation and review of materials related to registered fund compliance oversight and governance.
Help identify regulatory developments affecting registered investment advisers, mutual funds, and ETFs, and evaluate their impact on existing compliance programs.
Work collaboratively on compliance matters involving fund service providers and other parties supporting registered investment companies.
Participate in client meetings and provide practical compliance support related to registered fund activities.
Assist with SEC examinations, compliance reviews, annual reviews, and other regulatory matters involving investment advisers and registered investment companies.