ETF and 1940 Act Registered Funds Compliance Officer - Vice President

iCapital•Greenwich, CT

1d•$150,000 - $180,000•Hybrid

About The Position

iCapital is hiring a Compliance Officer to oversee relevant investment advisers supporting its Exchange-Traded Funds (ETF), Alternative Investments Fund-of-Funds, and 1940 Act Registered Funds businesses. The role also assists with implementing and administering compliance programs for the firm’s SEC Registered Investment Advisers, Investment Company Act, NFA and CFTC registered Commodity Pools, and other compliance activities related to these products or entities. The position oversees fund compliance and governance, monitors adherence to governing documents, advises on regulatory developments, and provides compliance leadership for ETF and Registered Funds initiatives. It works with Product, Portfolio Management, Operations, and other stakeholders on product structuring, operations, investment strategies, and disclosures. The role also covers marketing-material review, compliance policies and controls, product-specific obligations and filings, post-trade monitoring, trading oversight, testing and remediation, and reviews of third-party service providers. The position is based in the office Monday through Thursday, with the flexibility to work remotely on Friday.

Requirements

Bachelor’s degree required.
10+ years of compliance experience in the financial services industry, including robust understanding of and experience with exchange-traded funds, derivatives, alternatives, and the regulatory landscape.
Demonstrated knowledge of U.S. securities laws, particularly the Investment Company Act of 1940, Investment Advisers Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934, and other SEC, CFTC, NFA, and FINRA regulations.
Strong knowledge of and prior experience with investment company, investment adviser, and NFA or CFTC compliance programs and requirements.
Strong experience with matters associated with Rule 38a-1 under the Investment Company Act of 1940 and Rule 206(4)-7 under the Investment Advisers Act of 1940.
Experience with regulatory examinations, investigations, or other interactions specifically involving the SEC, FINRA, and NFA.
Experience evaluating risk and mapping risk and controls across firm practices.
Skilled at developing other team members through mentoring or helping them upskill.
Ability to operate in a fast-paced environment.
Detail-oriented, with the ability to assess and prioritize projects.

Nice To Haves

Law degree or MBA.
FINRA Series 7 and 24 licenses.

Responsibilities

Maintain expert knowledge of regulations applicable to ETFs, 1940 Act Registered Funds, and their investment advisers, including the Investment Advisers Act of 1940, Investment Company Act of 1940, and Rule 6c-11.
Oversee administration of the Fund’s compliance and governance framework.
Assist in monitoring compliance with fund governing documents.
Advise on regulatory developments affecting ETFs, including derivatives, valuation, liquidity, and related rulemaking.
Provide compliance leadership and support for ETF and Registered Funds initiatives, identifying regulatory risks and developing practical solutions.
Advise Product, Portfolio Management, Operations, and other stakeholders on product structuring, operations, investment strategies, and disclosures.
Review fund marketing materials for consistency with disclosures, governing documents, regulatory requirements, and internal policies, and coordinate approvals with relevant stakeholders.
Translate regulatory requirements and fund governing documents into scalable policies, procedures, and compliance controls.
Oversee product-specific compliance obligations, including disclosure monitoring, premium or discount reporting, and regulatory filings.
Conduct post-trade compliance monitoring and portfolio guideline testing, and resolve issues.
Support trading oversight frameworks, including best execution governance and related compliance practices.
Perform compliance testing and reporting, and track remediation to ensure timely resolution of issues.
Oversee and coordinate compliance reviews of third-party service providers, including administrators, custodians, legal counsel, and auditors.