Regulatory and Compliance, Subscription Document Review - Associate

About the Role

iCapital is seeking a Subscription Document Review Associate to join its Regulatory and Compliance team. This role will review investor subscription materials submitted in connection with investments in private and registered funds and ensure their completeness and compliance 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.

Responsibilities

• Review, track, and maintain investor subscription materials, including subscription booklets, indexes, and related documentation.
• Create and maintain Excel spreadsheets and reports 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 investor relations teams regarding ongoing fundraises and investor issues.
• Draft deficiency comments for investor subscription materials.

Qualifications

• One to three years of alternatives experience, preferably with private funds and registered investment advisers.
• Experience with fund structuring and formation, including reviewing governing documents for alternative and registered funds.
• Experience reviewing investor governing documents, such as limited liability company agreements and trust agreements.
• Knowledge of the Investment Company Act of 1940 and the Securities Act of 1933.
• Knowledge of AML and KYC regulatory requirements for private fund investors is a plus.
• Excellent verbal communication and interpersonal skills.
• Professionalism in both client-facing and internal interactions.
• Ability to thrive in a fast-paced environment with a continuous learning mindset.
• Self-motivated, with strong project management and process development skills.
• Juris Doctor degree is a plus.

Benefits and Work Schedule

The base salary range for this role is $90,000 to $115,000. iCapital offers a compensation package that includes salary, equity for all full-time employees, and an annual performance bonus.

Employees also receive a comprehensive benefits package, including an employer-matched retirement plan; generously subsidized healthcare; 100% employer-paid dental and vision coverage; telemedicine; virtual mental health counseling; parental leave; and unlimited paid time off (PTO).

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

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. The company does not discriminate based on race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.