Gen II Fund Services Boston office is seeking an entry level compliance analyst to work with the compliance team in all administrative tasks related to Anti-Money Laundering (AML) and Know Your Customer (KYC) services for new and existing clients/investors.
Administrative Functions:
Review completed investment subscription documents for completeness and accuracy.
Ensure all required documentation has been provided.
Review completed change requests for data quality and completion.
Maintain a tracker for all requested and completed updates.
Liaise with Advisors, Investors and Custodians to ensure updated investor data is received and completed on their end.
Work closely with several internal teams including Compliance, Investor Relations, and Fund Administration.
Liaise with client team to get initiatives for account maintenance completed.
Provide an outstanding client experience.
Guide the change requests from request to completion.
Assist with ad hoc requests
Responsibilities may also include:
Review client/investor documents to identify and compile key information required to perform Compliance Services including AML/KYC, FATCA, and CRS. Documents to include, but not limited to, subscription documents, tax forms, self-certification.
Maintain and update client/investor database with key compliance information based on new compliance reviews and existing contracted clients. Ensure all documentation (e.g., tax forms) is current, not expired and completed.
Escalate with the Director of Compliance any compliance issues, open items, missing or expired documentation that need to be escalated to CS team, client and/or third-party resources.
Ensure all documents/reports are maintained in proper locations to include AML/KYC, FATCA, and CRS results, client report letters, client invoices, client/firm servicing contracts/pricing and third-party resource statements.
Ensure compliance checklists are completed for each review and signed. Ensure all steps are followed for control purposes.
Job Requirements, Skills, Education And Experience
Bachelor’s Degree in Business Administration, Finance, or Accounting a plus.
0-1 years’ work experience in Compliance Services, a plus.
Strong ability to gather, track and centralize information/documents.
Must be extremely detail oriented and highly organized.
Will train to review subscription, tax documents.
Excellent data entry and reconciliations of systems and ongoing maintenance.
Microsoft applications proficient. Strong EXCEL skills (formulas, pivot tables, VLOOKUPs).
Excellent verbal, written and interpersonal communication skills.
Efficient time management skills and the ability to maintain control over information and documents to meet client, firm, and reporting deadlines.
The salary range for this position is $60,000 - $65,000, in addition to a discretionary bonus and comprehensive benefits package. Please note that the actual salary offered within that range will depend on the candidate’s experience level.
Work Arrangement
All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule, comprised of two (2) days a week in our office and three (3) days remotely.
About The Company
Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $1 trillion of private capital on behalf of its clients with offices in New York, San Francisco, Boston, Stamford, Dallas, Denver, Vancouver, London, Southampton, Dublin, Jersey, and Luxembourg. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.
Key Facts:
Administering over $1T in assets
Servicing nearly every significant investor in the asset class
Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model.
The most experienced and best performing team in the industry.