ITE Management, a leading investment manager specializing in the transportation sector, is looking for a Paralegal to join its Legal & Compliance team in New York.
Founded in 2014, ITE is an investment firm that targets real asset investment opportunities that are cash yielding with downside protection. ITE combines a team with deep, longstanding relationships and financial and operating expertise in rail, aviation, and intermodal with an entrepreneurial mindset and culture. Our team of professionals provide extensive experience in investments, portfolio management, risk management, data analytics, credit analysis and industry-specific operations.
Today, the firm manages over $3bn of investor capital across various industrial and transportation related verticals, including rail and strategies, with office locations in NYC, Chicago and St. Louis. Due to the firm’s dynamic and forward-thinking approach, the capital commitments have tripled in the past three years. Today, ITE manages nearly $5.0bn of real assets across freight railcars, commercial aircraft, and intermodal.
The Compliance Officer will assist the Legal and Compliance Department with various legal and compliance matters and will be an integral part of the firm’s growth. The position is based in the New York office.
Responsibilities:
- Assist with monitoring and testing the investment adviser compliance policies and procedures of ITE
- Assist with maintenance, management, and administration related to ITE’s global compliance program (e.g., personal trading, outside business activities, gifts and business entertainment, political contributions, etc.)
- Review marketing and sales material to ensure consistency and compliance with applicable laws, regulations, etc.
- Perform counterparty and service provider risk assessments, including AML/Sanctions due diligence checks
- Lead on preparation of various regulatory filings and compliance policies as needed
- Monitor and stay current on industry-wide compliance initiatives as well as important federal, state and non-U.S. laws and regulatory initiatives applicable to hedge funds, pe funds and M&A
- Conduct new-hire and ongoing employee compliance training
- Support Legal with special projects, including but not limited to, research and project management
Requirements
- BA with excellent academic credentials
- Must have a minimum of 3 years experience working in the compliance department of a financial institution or SEC registered investment advisor
- Previous AML/KYC and entity management experience a plus
- Excellent verbal and written skills
- Excellent time management skills with attention to detail
- Well organized, self-starter with the ability to manage multiple projects
Salary Range:
Estimated base salary range for this position is: $95,000-$115,000. Employees may also be eligible for an annual discretionary incentive compensation award. Actual base salary may vary based upon, but not limited to, relevant skills, experience, qualifications, and geographic location.
Benefits
- BA with excellent academic credentials required.
- Juris Doctorate degree from an accredited law school and/or compliance certifications are a plus
- Minimum of 3 years of experience implementing SEC registered investment adviser compliance programs in the financial services industry
- Prior compliance experience at a hedge fund or PE firm preferred
- Knowledge of SEC and FCA regulations
- Knowledge of EU as well as various non-U.S. private placement marketing rules and regulatory framework
- Excellent verbal and written skills
- Excellent time management skills with attention to detail
- Well organized, self-starter with the ability to manage multiple projects