ETF and 1940 Act Registered Funds Compliance Officer - Vice President

iCapital•New York, NY

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 frameworks, advises on regulatory developments and product matters, and helps translate regulatory requirements and fund governing documents into scalable policies, procedures, and controls. It also covers product-specific obligations, trading and post-trade compliance monitoring, testing and remediation, marketing review, and compliance reviews of third-party service providers. The role is based in the office Monday through Thursday, with the flexibility to work remotely on Friday.

Requirements

Bachelor’s degree is required.
10+ years of compliance experience in the financial services industry, including a 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, the Investment Advisers Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934, and other SEC, CFTC, NFA, and FINRA regulations.
Strong knowledge and prior experience with investment company, investment adviser, and NFA or CFTC compliance programs and requirements.
Strong experience dealing 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 with the SEC, FINRA, and NFA.
Experience evaluating risk and mapping risk and controls across firm practices.
Ability to develop 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 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 fund 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, 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 ensure timely issue resolution.
Oversee and coordinate compliance reviews of third-party service providers, including administrators, custodians, legal counsel, and auditors.