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  • Associate Director - Chicago, IL - IQ-EQ

    IQ-EQ
    IQ-EQ Chicago, IL

    6 days ago

    Default job background
    Full time
    Description

    Associate Director - Compliance (Alternative Assets)

    At IQ-EQ, we are a preeminent service provider to the alternative asset industry. We work with managers in multiple capacities, including hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration, and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO/controller and administration services to private equity fund investments – portfolio companies, real estate assets, and energy assets.

    Job Description

    We are seeking an Associate Director - Compliance (Alternative Assets) to support and assist our investment adviser clients by providing regulatory compliance services through oversight of the execution and continuous improvement of their compliance programs. The ideal candidate will have a strong working knowledge of the IA Act of 1940 and the ICA of 1940, as well as experience practicing law regarding registered investment companies.

    Main Responsibilities:

    • Independently manage client relationships with support and advice from Managing Director/Senior Managing Director.
    • Provide oversight and assistance to ensure completion of all client deliverables (annual reviews, testing, advice, consulting, regulatory filings, etc.).
    • Develop and implement compliance policies and procedures – taking a proactive approach to ensuring policies are implemented.
    • Conduct annual compliance reviews and internal control testing.
    • Oversee the preparation and submissions of regulatory filings.
    • Lead client trainings regarding regulatory requirements and best practices.
    • Continuously monitor relevant regulatory changes and assist clients in developing internal controls, accordingly.
    • Oversee the registration of clients as broker-dealers or investment advisers with the appropriate regulatory bodies.
    • Assist in conducting mock regulatory exams; as well as assist in providing SEC and FINRA exam support.
    • Train staff on firm processes, new regulations or takeaways from industry events.
    • Proactively provide practical, business-friendly solutions for esoteric regulatory issues.
    • Cultivate a culture of community and lead and coach junior staff.
    • Contribute to company initiatives outside of client engagement management.

    Requirements:

    • Bachelor's Degree Required.
    • 8 plus years of relevant compliance experience at a registered investment adviser, law firm, or investment consulting firm, experience practicing law regarding registered investment companies preferred.
    • Strong working knowledge of the IA Act of 1940 and the ICA of 1940.
    • Knowledge of SEC Exam practices, experience with SEC exams and mock exams preferred.
    • Knowledge of CFTC / NFA as well as FINRA requirements is a plus.

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