Compliance Officer

Chicago, IL – RCP is looking to hire a Compliance Officer to join our compliance team. As a Compliance Officer on RCP’s Legal and Compliance team, the individual in this position will work across business lines, including RCP’s Marketing, Investor Services and Fund Operations teams. The key objective of the role is to ensure the firm maintains a robust and comprehensive compliance program suitable for its business with a focus not just on complying with the Investment Advisers Act of 1940 and other applicable regulations (including applicable European directives like the Alternative Investment Fund Managers Directive) but also on implementing industry best practices.

If you believe you would be a good fit for this position, please send your resume to ktarpey@rcpadvisors.com. Thank you in advance for your consideration. 

Duties & Responsibilities:

Advisers Act Compliance

• Assist with forensic testing, including quarterly political contributions testing
• Oversee vendor reviews with RCP’s IT department and maintain service provider records
• Prepare and submit various quarterly and annual investor-specific certifications
• Support compliance training programs and initiatives, including onboarding of new employees with respect to the compliance program
• Provide general support to the Legal and Compliance team where needed

Marketing Rule Compliance

• Manage compliance review process with respect to new marketing materials
• Implement/manage improved internal processes for ensuring compliance with placement agent disclosure requirements

ComplySci Management

• Coordinate the maintenance of RCP’s compliance platform, ComplySci, including managing employee broker feeds
• Assist with managing the Restricted Securities List (both within the platform and the process generally)
• Manage employee certifications and pre-approval requests

Anti-Money Laundering / Know Your Client

• Liaise with applicable Luxembourg and Cayman service providers in connection with ongoing AML/KYC regulatory compliance efforts
• Serve as primary point of contact for various incoming AML/KYC requests, including from investors, investments, service providers and other counterparties
• Collect relevant information in connection with initial and ongoing KYC diligence of existing and potential investments

Regulatory Filings

• Assist with preparation and filing of Forms ADV and PF
• Assist with Blue Sky filings, as needed

ESG

• Assist with ESG reporting for the UN PRI and UN Global Compact, as needed

Requirements and Qualifications:

Required

• Bachelor’s Degree
• 1 – 3 years of working experience in the compliance field, preferably at an investment advisory firm
• Understanding of the Investment Advisers Act of 1940
• Advanced Microsoft Office skills (Word, Excel, PowerPoint)
• High degree of comfort in a dynamic and fast paced work environment
• Possess strong attention to detail and the ability to effectively prioritize multiple tasks and meet deadlines without exception
• Analytical, quick thinker with unconventional problem-solving capabilities
• Excellent time management, project planning, and organizational skills
• Outstanding communication skills, both written and verbal, with demonstrated ability to develop materials (writing sample required)
• Must have the ability to interact with a variety of individuals (employees at all levels, clients, vendors), along with the ability to work independently
• Self-starter with ability to work well independently and proactively offer solutions to obstacles or conflicts with a “no task is too small” attitude
• Committed to maintaining high ethical standards

The duties and responsibilities described above are not comprehensive and additional tasks will be assigned. The scope of the job may change as necessitated by business demands.

Preferred

• Private equity or financial services experience

Benefit & Compensation:

• Insurance services including medical, dental and vision plans. Company and employees pay premiums.
• 401k with a company safe harbor contribution for all eligible employees
• Short- and long-term disability
• Voluntary life, AD&D, voluntary accident insurance, voluntary critical illness and voluntary hospital indemnity
• Employee Assistance Program
• Pre-tax commuter benefit program
• Transit and cell phone stipend
• 12 paid holidays
• Unlimited time off for vacation, sick and personal time
• Paid Parental leave
• Compensation range for this role is $70,000 – $80,000

About RCP Advisors

Founded in 2001, RCP Advisors is a private equity investment firm headquartered in Chicago that provides access to lower middle market private equity fund managers through primary funds-of-funds, secondary funds, and co-investment funds. Additionally, the firm provides advisory and investment research services.

Contact

Katie Tarpey

Head of Human Resources 

ktarpey@rcpadvisors.com

The duties and responsibilities described above are not comprehensive and additional tasks will be assigned. The scope of the job may change as necessitated by business demands.

RCP Advisors is an Equal Opportunity Employer and is committed to providing employees and applicants with an environment free of discrimination and harassment. All employment decisions at RCP Advisors are based on business needs, job requirements, and individual qualifications. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, gender identity, sexual orientation, national origin, family or parental status, veteran or disability status, or any other status protected by the laws or regulations in the locations where we operate.

Americans with Disabilities Act (ADA)
RCP Advisors will provide reasonable accommodations during the application process upon request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please contact us at (214-764-3195) or HR@p10alts.com.