Compliance Associate, YieldStreet
$90-103.5k
Compensation package also includes generous bonus and equity
Private market investment platform
Open for applications
Private market investment platform
201-500 employees
Open for applications
$90-103.5k
Compensation package also includes generous bonus and equity
201-500 employees
Company mission
To make it easier than ever to get started with private market alternatives.
Role
Who you are
- The ideal candidate will have a strong work ethic, good judgment, critical thinking skills, and the ability to communicate effectively
- 4-6 years experience as a compliance professional at a registered investment adviser to private funds and/or registered funds or a FINRA registered broker-dealer is required
- Familiarity with both the Advisers Act and with FINRA rules and regulations and the Investment Company Act are preferred
- Broker-dealer or 40 Act experience is preferred
- Series 7 and Series 24 Licenses a plus, or willingness to obtain licenses
- Experience reviewing marketing collateral for compliance with the Marketing Rule of the Advisers Act
- Experience with regulatory exams or responding to regulatory inquiries a plus
- Familiarity with Bank Secrecy Act and anti-money laundering obligations a plus
- Comfort with ambiguity - capable of solving complex problems independently in a fast-paced environment
- ACA ComplianceAlpha experience a plus
- Demonstrated success at partnering, prioritizing, and balancing needs cross-functionally
- Excellent writer and communicator
- Excellent project management and organization skills
- Willingness to commute into the Manhattan office three days a week
What the job involves
- YieldStreet is looking for a Compliance Associate to work with and report to the Regulatory and Compliance Counsel
- In this role you will assist with the oversight of an SEC registered investment adviser, with a related FINRA Broker-Dealer
- You will also have an opportunity to help develop, implement and drive effective and efficient Compliance processes, while partnering cross-functionally across Yieldstreet
- In addition to providing support as it relates to the regulatory obligations of our business partners, you will continue to build compliance expertise through developing and delivering training and communications on compliance policies and procedures
- Review and approve marketing collateral and communications with the public to ensure all marketing materials are in compliance with SEC’s Marketing Rule
- Assist with implementing and monitoring adherence with the firm’s Code of Ethics and related procedures
- Manage quarterly and annual certification processes for access persons and registered personnel. Track and monitor outside business activities, securities accounts, restricted trading list, gifts and entertainment, and political contribution pre-clearance requests
- Assist with managing the firm’s regulatory filing obligations, including the annual ADV update, Form PF, and Form D filings
- Assist the broker-dealer personnel in managing the licensing process, including the Broker-Dealer’s Firm Gateway and CRD filings (e.g. Form U4s, Form U5s, Form BD, Form BR, and State Registrations.)
- Help develop and deliver training and communications on compliance policies and procedures
- Assist in maintaining all required books, records, manuals and correspondence, and managing any regulatory inquiries and exams
- Assist Legal Team with certain document preparation and file maintenance. Other duties as needed
Our take
Open banking and other innovations within the financial sector have seen a rise in Fintechs providing mobile investment platforms for individual non-specialist investors. However, investment options are limited to stocks, cryptocurrency, NFTs, options and index funds, whereas investment institutions and professional investors can access alternative private retail markets.
YieldStreet provides a private market investment platform that is accessible to anyone, allowing its users to invest in real estate, private equity, venture capital, and other markets. The company claims that its investment offerings present greater opportunities for generating income and diversifying portfolios, and each asset class is reviewed and analyzed by in-house investment professionals.
Whilst there is no denying that the investment sector is highly saturated with mobile platforms, YieldStreet stands out by providing private market investment offerings, as opposed to standard commercial opportunities. And with recent acquisitions, YieldStreet is further expanding its reach in private markets. Its collaboration with Wilshire Advisors offers institutional-grade investment solutions, while its $280M deal with Octane diversifies its portfolio. These moves reinforce YieldStreet's commitment to broadening access to high-quality investments.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Nov 2021
$50m
SERIES C
Jun 2021
$100m
SERIES C
Total funding: $232.2m
Company benefits
- Health and wellness: We offer competitive medical, dental, and vision coverage, paid parental leave, a wellness stipend, 401(k) match, and more
- Flexible vacation: We offer a flexible vacation policy so you can take the time you need to recharge
- Hybrid workplace: most teams work from an office three days a week. We end work early on Fridays in the summer to get a jump start on the weekend
Company HQ
Midtown East, New York, NY
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