ETF and 1940 Act Registered Funds Compliance Officer - Assistant Vice President

iCapital • Greenwich, CT

5h • $110,000 - $145,000 • Hybrid

About The Position

iCapital is seeking a Compliance Officer to support the investment advisers serving its Exchange-Traded Funds (ETF), Alternative Investments Fund-of-Funds, and 1940 Act Registered Funds businesses. The role assists with implementing and administering compliance programs for SEC-registered investment advisers, registered investment companies, NFA- and CFTC-registered commodity pools, and other compliance activities involving these products and entities.

The position supports fund compliance and governance, monitors regulatory developments and compliance with governing documents, reviews marketing materials, conducts post-trade and portfolio guideline monitoring, and helps oversee trading practices. It also contributes to compliance testing, reporting, issue remediation, and reviews of third-party service providers.

Employees in this role work in the office Monday through Thursday, with the flexibility to work remotely on Friday.

Requirements

• Bachelor’s degree is required.
• 6+ years of compliance experience in the financial services industry, including experience with exchange-traded funds, derivatives, alternative investments, and the applicable regulatory landscape.
• Experience supporting investment company, investment adviser, and NFA or CFTC compliance programs and requirements.
• Experience supporting regulatory examinations, investigations, or other interactions with the SEC, FINRA, or NFA.
• Experience evaluating risk and mapping risks and controls across business practices.
• Ability to collaborate with and provide guidance to colleagues across functions and levels.
• Ability to operate effectively in a fast-paced environment.
• Detail-oriented, with the ability to assess and prioritize multiple projects.

Responsibilities

• Maintain working knowledge of regulations applicable to ETFs and 1940 Act Registered Funds and their investment advisers, including the Investment Advisers Act of 1940, the Investment Company Act of 1940, and Rule 6c-11.
• Support administration of the funds’ compliance and governance framework.
• Assist in monitoring compliance with fund governing documents.
• Monitor regulatory developments affecting ETFs, including derivatives, valuation, liquidity, and related rulemaking, and assist in assessing their impact.
• Support ETF and Registered Funds initiatives by identifying regulatory risks, escalating issues, and helping develop practical solutions.
• Review fund marketing materials for consistency with fund disclosures, governing documents, regulatory requirements, and internal policies, and coordinate approvals with relevant stakeholders.
• Conduct post-trade compliance monitoring, portfolio guideline testing, and issue resolution.
• Support trading oversight frameworks, including best execution governance and related compliance practices.
• Perform compliance testing, reporting, and remediation tracking to support timely resolution of issues.
• Assist with compliance reviews of third-party service providers, including administrators, custodians, legal counsel, and auditors.

Benefits

• Compensation package includes salary, equity for all full-time employees, and an annual performance bonus.
• Employer-matched retirement plan.
• Subsidized healthcare, including 100% employer-paid dental and vision coverage.
• Telemedicine and virtual mental health counseling.
• Parental leave.
• Unlimited paid time off (PTO).
• Flexible remote work on Fridays.

What This Job Offers

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