Compliance Analyst

Compliance Analyst (New York, NY): Our client, an incredible private equity fund with over $30B in AUM, is seeking a detail-oriented and proactive Compliance Analyst to join their compliance team. The successful candidate will help design and implement systems so a candidate with a process-oriented or project orient mindset will thrive here. The new hire will focus on ensuring the accuracy, transparency, and regulatory compliance of fund allocations, through system development and design. This role is pivotal in maintaining the integrity of the firm’s investment activities and ensuring adherence to internal policies and industry regulations.

Key Points:

• Someone who LOVES designing systems and organizing will thrive here.
• Newly created role within the organization. The hiring manager said this person will be able to “have their own kingdom” with a fair amount of discretion over how they structure and do things.
• Firm hires extremely talented and bright individuals so new hire will be surrounded by bright minds.
• Project oriented compliance role ideal for someone who wants to have ownership over an integral function to the team.

Responsibilities:

• Allocation Review: Conduct detailed reviews of fund allocations to ensure accuracy, fairness, and adherence to regulatory and firm-specific guidelines. Identify and resolve discrepancies, working closely with the investment and accounting teams to maintain compliance.
• Compliance Monitoring: Assist in developing and implementing compliance monitoring programs to ensure all fund activities, including allocations, align with contractual covenants as well as SEC and other relevant regulations.
• Regulatory Reporting: Prepare and maintain comprehensive documentation for board reporting, internal audits and regulatory submissions related to fund allocations and compliance matters.
• Policy Development: Collaborate with senior legal and compliance officers to update and refine internal compliance policies and procedures related to fund allocations and investment processes.
• Risk Assessment: Continuously assess and mitigate compliance risks related to fund allocations, escalating potential issues to senior management and suggesting process improvements.
• Training & Support: Provide training and guidance to team members and other departments regarding compliance protocols and best practices for allocations.

Qualifications:

• 2-5 years of experience in a compliance role, preferably within private equity or a related investment firm.
• Bachelor’s degree in finance, accounting, law, or a related field.
• Understanding of regulatory requirements governing private equity and fund allocations is preferred.
• Proficiency in compliance monitoring systems and relevant software tools.
• Knowledge of SEC regulations and industry best practices for fund allocation.

Compensation: $120-175K base; $150-225K all-in (dependent on experience)

Job Reference #1959