Regulatory and Compliance, AML - Associate
About The Position
iCapital is seeking a Compliance Associate 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. The Associate ensures compliance with applicable AML and KYC regulatory requirements and supports the Legal and Compliance teams with other compliance-focused work. The role works with investor and client documentation, communications, quarterly reporting, ongoing monitoring, AML screening, and third-party reliance testing. It also collaborates with business lines to provide compliance guidance on new initiatives and helps prepare for and respond to inquiries and audits. Employees work in the office Monday through Thursday, with the flexibility to work remotely on Friday.
Requirements
- 1–4 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 and maintain a continuous learning mindset.
- Self-motivation and robust project management and process development skills.
Nice To Haves
- Alternatives experience with both broker-dealer and registered investment advisor experience 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 with 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.
Benefits
- Equity for all full-time employees.
- Annual performance bonus.
- Employer-matched retirement plan.
- Subsidized healthcare.
- 100% employer-paid dental and vision coverage.
- Telemedicine.
- Virtual mental health counseling.
- Parental leave.
- Unlimited paid time off (PTO).
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
