Regulatory and Compliance, Investor Onboarding and Regulatory Review, Vice President

iCapital • Salt Lake, UT

5d • Hybrid

About The Position

iCapital is looking for an Investor Onboarding and Regulatory Review VP to join its Regulatory and Compliance team to review investor subscription materials submitted in relation to investments in private and registered funds. The candidate will be responsible for ensuring completeness and compliance of investor subscription materials with the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Securities Act of 1933, the Exchange Act of 1934, and FINRA Rules.

Requirements

• 8-15+ years of alternatives experience, preferably with private funds and registered investment advisor experience.
• Experience in fund structuring and formation, reviewing governing documents for alternative and registered funds.
• Experience reviewing governing documents for investors, e.g., limited liability company agreements and trust agreements.
• Knowledge of the Investment Company Act of 1940 and Securities Act of 1933.
• Excellent verbal communication skills and strong ability for personal interaction.
• Professionalism both client-facing and internally.
• Thrives in a fast-paced environment with a continuous learning mindset.
• Self-motivated with robust project management and process development skills

Nice To Haves

• AML/KYC knowledge of regulatory requirements for private fund investors is a plus but not required.
• JD a plus, but not required

Responsibilities

• Lead the Subscription Document Review team.
• Manage client engagements and relationships.
• Review, track, and maintain investor subscription materials, including subscription booklets, indexes, and related documentation.
• Create and maintain client and investor reporting tracking investor subscriptions, deadlines, and transaction-related data.
• Maintain and update rules of engagement for fund sponsors and law firm fund formation departments.
• Communicate with investment relation teams on ongoing fundraises and investor issues.
• Provide deficiency comments for investor subscription materials.

Benefits

• The base salary range for this role is $125,000 to $155,000.
• iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus.
• Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed