Compliance Officer, IAS / Registered Funds - Associate

iCapital • Salt Lake City, UT

1d • $70,000 - $85,000 • Hybrid

About The Position

iCapital is seeking a Registered Funds Compliance Associate to support the compliance program for its registered fund platform. The role focuses on regulatory oversight, compliance testing, marketing review, and advising business partners on matters arising under the Investment Company Act of 1940 and Investment Advisers Act of 1940. The position partners with Legal, Marketing, Fund Management, Investments, Finance, and Product.

Requirements

• Bachelor's degree.
• 2–4 years of relevant compliance, legal, regulatory, audit, or financial services experience.
• Strong knowledge of the Investment Company Act of 1940 and Rule 38a-1.
• Familiarity with the Investment Advisers Act and adviser compliance requirements.
• Strong analytical, organizational, written, and verbal communication skills.
• Ability to manage assigned compliance responsibilities, exercise sound judgment, and escalate potential issues appropriately.
• Ability to translate complex regulatory requirements into practical business guidance and effective compliance controls.

Nice To Haves

• JD, MBA, or other advanced degree.
• Experience with registered closed-end funds, interval funds, alternative investments, or private-market strategies.
• Experience with compliance testing, SEC examinations, and/or service-provider oversight.

Responsibilities

• Support the administration and enhancement of compliance programs for registered investment companies, including interval and closed-end funds.
• Review registered fund filings, marketing materials, and client communications.
• Perform compliance monitoring and testing under Section 206(4)-7 and applicable requirements under the Advisers Act and Investment Company Act.
• Assist with regulatory risk assessments and updates to compliance policies and procedures.
• Assist with oversight of sub-advisers, administrators, custodians, transfer agents, distributors, and other key fund service providers.
• Support SEC examinations and regulatory inquiries, including document production and preparation of responses.

Benefits

• Equity for all full-time employees.
• Annual performance bonus.
• Employer-matched retirement plan.
• Subsidized healthcare.
• Employer-paid dental, vision, telemedicine, and virtual mental health counseling.
• Parental leave.
• Unlimited paid time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level