Compliance Associate - Registered Funds
Location: Chicago, ILWork Arrangement: Hybrid - 4 days onsite, 1 day remoteBase Salary: Up to $130,000, depending on experience
About the Company
A growing investment management firm with a diverse platform spanning wealth management, registered funds, and private investment funds is seeking a Compliance Associate to join its Legal & Compliance team.
The organization offers a collaborative, team-oriented environment where employees work closely with experienced compliance professionals and senior leadership. With continued growth across its investment platforms, the firm provides an opportunity to gain broad regulatory exposure, develop technical expertise, and take on increasing responsibility.
About the Opportunity
The Compliance Associate will support the firm's regulatory compliance program, with a particular focus on registered funds and the Investment Company Act of 1940.
This position is ideal for a developing compliance professional who has foundational experience with registered funds and is looking to expand their knowledge within a growing investment management organization.
Working closely with compliance leadership, the successful candidate will gain hands-on experience across portfolio compliance monitoring, regulatory filings, board reporting, and Code of Ethics administration.
Key Responsibilities
Review daily portfolio compliance reports, identify potential exceptions or breaches, and assist with investigating and resolving issues.
Support ongoing compliance monitoring and testing activities across registered investment funds.
Assist in preparing, reviewing, and organizing compliance materials for fund board reporting.
Support administration of the firm's Code of Ethics program, including employee personal trading, trade pre-clearance, and related compliance activities.
Assist with the preparation and review of regulatory filings, including Form ADV, Form PF, and Form 13F.
Collaborate with Legal, Compliance, and Fund Services teams to review information, address regulatory questions, and maintain effective compliance processes.
Maintain accurate compliance records, documentation, and reporting.
Identify opportunities to enhance internal processes and strengthen compliance controls as the business continues to expand.
Qualifications
Previous compliance experience within investment management, asset management, registered funds, or a relevant consulting environment.
Foundational understanding of registered investment funds and the Investment Company Act of 1940 ('40 Act).
Familiarity with regulatory compliance monitoring, reporting, or filings.
Exposure to Code of Ethics administration, portfolio compliance, or fund board reporting is beneficial.
Strong analytical and problem-solving skills, with the ability to review and interpret quantitative information.
Accounting or financial reporting experience is a plus.
Excellent attention to detail, organizational skills, and ability to manage multiple priorities.
Collaborative mindset with a willingness to learn, ask questions, and take ownership of responsibilities.