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

iCapital•New York, NY

5h•$110,000 - $145,000•Hybrid

About The Position

iCapital is hiring 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 the firm’s SEC-registered investment advisers, registered investment companies, NFA- and CFTC-registered commodity pools, and related product- and entity-specific compliance activities. The position supports fund compliance and governance, regulatory monitoring, marketing-material reviews, post-trade monitoring, trading oversight, compliance testing and remediation, and reviews of third-party service providers. Employees in this role work in the office Monday through Thursday and may work remotely on Friday.

Requirements

Bachelor’s degree.
At least 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, 1940 Act Registered Funds, and their investment advisers, including the Investment Advisers Act of 1940, 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 developments involving derivatives, valuation, liquidity, and related rulemaking, and help assess 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 and reporting, and track remediation to support timely resolution of issues.
Assist with compliance reviews of third-party service providers, including administrators, custodians, legal counsel, and auditors.