iCapital is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $176 billion in global client assets invested in 1,433 funds, as of December 2023.
iCapital has been named to the Forbes Fintech 50 for six consecutive years (2018-2023); a three-time selection by Forbes to its list of Best Startup Employers (2021-2023); and a three-time winner of MMI/Barron’s Solutions Provider award (See link below).
About the Role
iCapital is looking for a talented Associate , to join its Compliance Department and support its continued international expansion. iCapital’s rapid growth in the European and Asian marketplaces creates an opportunity to join a fast-paced, rapid-growth environment. The Compliance Department holds a pivotal role in bolstering the regulatory and governance operations of our investment firms. You will be responsible for managing a diverse array of areas, encompassing support for due diligence processes over third-party fund distributors, provision of administrative assistance and log maintenance, spanning our varied international locations. The Compliance Associate will collaborate closely with our Compliance Officers and fellow international team members, ensuring unwavering adherence to both regulatory mandates and internal protocols.
This person will be based in Lisbon, reporting to Vice President based in Lisbon too, both within the International Compliance Team.
Responsibilities
- Responsible for screening potential new Distributors for onboarding.
- Onboarding process: liaises with the firms’ Sales and Compliance teams, administrating the firm’s own Questionnaires to Distributors or engaging, them through external due-diligence platforms (ex. Curator, UME, etc.).
- Maintain records of Distributor reviews, including committee meeting minutes.
- Handle escalations of negative outcomes in screenings
- Review the questionnaire’s outcomes and flag any issues.
- Own the periodic due-diligence renewal process, after initial onboarding.
- Assist in drafting and maintaining policies and procedures related to Distributor onboarding.
- Maintain internal records of KYC documents, including certified copies.
- Responsible for periodic refreshing of firm KYC documents.
- Monitor industry-wide compliance initiatives and conduct analyses to ensure firm’s KYC positions are in line accordingly.
Qualifications
- Expericence in AIFMD and MiFID II Delegation arrangements and Due Diligence requirements;
- Expertise in AML / CTF and Sanctions’ EU Directives, local implementing Laws and Regulations, is a plus;
- Solid academic background, Bachelor’s degree;
- Strong organizational and multitasking skills and ability to prioritize assignments;
- Detail-oriented and capable of working with confidential information;
- 3+ years of relevant work experience, even if not directly on all areas as training is provided when necessary;
- Strong oral and written communication skills – proficiency in English required;
- Strong knowledge of Microsoft Office.
Benefits
iCapital offers a comprehensive benefits package that includes a total compensation program consisting of competitive salary, annual performance bonus, and equity for all full-time employees; healthcare with 100% employer-paid health and dental insurance; and generous paid time off (PTO).
For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/
