Description We are seeking a Compliance Associate with experience and working knowledge of mutual funds, exchange-traded funds (ETFs), and other registered investment companies. This position will work directly with clients and collaborate with members of our compliance team to support SEC-registered investment advisers that manage or advise registered investment companies. The ideal candidate will have practical knowledge of registered fund structures, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the compliance requirements applicable to mutual funds, ETFs, their investment advisers, and other participants in the registered fund environment. This is a client-facing role requiring strong technical knowledge, communication skills, attention to detail, and the ability to work collaboratively with both clients and colleagues.
Key Responsibilities
- Work directly with SEC-registered investment adviser clients that serve as investment advisers or sub-advisers to mutual funds, ETFs, and other registered investment companies.
- Collaborate with other members of the compliance team to support clients' ongoing compliance programs.
- Support compliance programs addressing requirements under the Investment Advisers Act of 1940 and Investment Company Act of 1940, including the additional regulatory requirements associated with managing or advising registered investment companies.
- Assist clients with the administration, monitoring, testing, and enhancement of their compliance policies and procedures.
- Review policies, procedures, compliance testing, and other elements of advisers' compliance programs as they relate to mutual fund and ETF activities.
- Assist with ongoing regulatory filings, compliance monitoring, testing, documentation, and recordkeeping requirements.
- Support the preparation and review of materials related to registered fund compliance oversight and governance.
- Assist clients and team members in identifying regulatory developments affecting registered investment advisers, mutual funds, and ETFs and evaluating their impact on existing compliance programs.
- Work collaboratively on compliance matters involving fund service providers and other parties supporting registered investment companies.
- Participate in client meetings and provide practical compliance support related to registered fund activities.
- Assist with SEC examinations, compliance reviews, annual reviews, and other regulatory matters involving investment advisers and registered investment companies.
Requirements
Qualifications
Bachelor's degree required.
- Professional experience working with mutual funds, ETFs, registered investment companies, investment advisers to registered funds, or in a closely related investment management compliance environment.
- Working knowledge of the Investment Company Act of 1940 and practical experience with the regulatory and compliance requirements applicable to mutual funds, ETFs, or other registered investment companies.
- Familiarity with the Investment Advisers Act of 1940 and the compliance obligations of SEC-registered investment advisers.
- Experience in investment management compliance, registered fund compliance, legal or regulatory matters, consulting, fund administration, or a related field.
- Ability to understand and apply regulatory requirements to day-to-day compliance activities.
- Strong analytical and organizational skills with careful attention to detail.
- Strong written and verbal communication skills and the ability to communicate effectively with clients and colleagues.
- Ability to manage multiple client matters and priorities in a collaborative, deadline-driven environment.
Experience Particularly Relevant to This Role
Experience in one or more of the following areas is highly desirable:
- Mutual fund or ETF compliance
- Registered investment company compliance programs
- Investment adviser compliance
- Investment Company Act requirements
- Fund governance and board reporting
- Compliance testing and annual reviews
- SEC regulatory examinations
- Regulatory filings and recordkeeping
- Fund service-provider oversight
- Policies and procedures applicable to advisers or sub-advisers to registered funds
What We're Looking For We are looking for someone who combines registered funds knowledge with strong client-service skills. The successful candidate should be comfortable working directly with investment adviser clients, collaborating with other compliance professionals, researching regulatory requirements, and helping translate those requirements into practical compliance processes.