Regulatory & Compliance Lawyer, EMEA - Vice President / Senior Vice President

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 $191billion in global client assets invested in  1,504 funds, 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 seeking a Senior Vice President to join the Global Regulatory and Compliance Team, based in London. This role will assist with a variety of cross-border regulatory activities both at the firm level and for investment vehicles.  The successful hire will play a key role in supporting iCapital’s UK business by handling and supervising regulatory and compliance matters (working alongside our in-house Legal and Compliance professionals in London).  The candidate will be responsible for interpreting and analysing laws and regulations applicable to the UK business and activities, as well as across the EU.   The successful candidate will partner with the business and various internal teams to ensure that our UK and EU offices are operating within the letter and the spirit of the regulations.

Responsibilities

• Work closely with and provide advice to the Senior Management team in a complex and evolving regulatory environment. You will need to develop and maintain a strong partnership with Senior Management to work together on the firm’s growth strategy within the UK and EU, anticipating business needs and proactively engaging in business decisions to ensure we operate within the rules and regulations.
• Liaise with colleagues, regulators, external partners and stakeholders to anticipate regulatory risks to the firm and its clients.
• Work closely with the Legal team to provide guidance on interpretation of regulations to enable the team to understand the parameters of scope of permitted activities when drafting commercial contracts.
• Act as “UK Regulatory and Legal Knowledge Center” within the firm and trusted advisor to Senior Management, providing guidance on regulatory topics as needed.
• Lead in the development of a compliance strategy and guidelines to support iCapital’s growth across UK and EU/EEA in a sustainable and compliant way, as well as support in growth in Middle East region.
• Act as the main point of contact with regulatory bodies, as appropriate, to represent iCapital, as well as engage with relevant stakeholders to manage inspections and audits. Work closely with the regional Compliance teams in the EU who are responsible for drafting and implementing policies and procedures, and monitoring compliance.

Qualifications

• A regulatory lawyer with 10+ years of experience gained from private practice and/or in-house role in the asset management/investment funds industry.
• In-depth knowledge, or experience of dealing with cross border regulatory issues, compliance and risk in the UK and EMEA regions with significant FCA and PRA experience, and good knowledge of relevant UK and EU/EEA rules applicable to the iCapital business including but not limited to FSMA, Regulated Activities Order, AIFMD, MIFIDII and CBDF, PRIIPS, LTAF and ELTIF (experience in Middle East regulations is a plus).
• Interpret comprehensive and complex regulatory obligations to determine risk and mitigation plans while communicating results to stakeholders.
• Ability to identify issues in order to effectively instruct external counsel where appropriate.
• Strong analytical skills and ability to be proactive and anticipate business needs.
• Possess extensive knowledge of regulatory compliance and internal controls for an asset management business.
• Adaptable, collaborative and entrepreneurial, able to work within the fast-paced, growing and constantly evolving structure of a high-growth firm.
• Strong interpersonal and communication skills.
• Mother tongue / native-level English communication for internal collaboration with head office international stakeholders, and external parties.

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office four days, with the flexibility to work remotely one day.  Every department has different needs, and some positions will be designated in-office jobs, based on their function.

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.icapital.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/