Senior Associate, Private Wealth Compliance

Job Description Summary

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and the drive to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add hard-working individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.

We are proud to offer a collegial environment that’s marked by low turnover and high energy in which you will be inspired to grow and thrive! Here, you will be encouraged to build on your strengths and acquire new skills and experiences.

We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences enhances the potential of both the individual and the firm.

HarbourVest is an equal opportunity employer.

This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval. For example, you may choose to work in the office 4 days per week and take one remote day weekly (typically 13 weeks per quarter), leaving 5 additional remote days to be used as needed.

Reporting to the Head of Private Wealth Compliance, the Senior Associate will assist with HarbourVest’s global compliance program, with particular emphasis on supporting HarbourVest’s regulatory reporting and governance obligations for its private wealth channel.

• Pro-active, upbeat, self-assured professional with high personal integrity and ability to develop good interpersonal relationships with others

• Collaborative and supportive team member

• Ability to work both independently and as part of a team

• Passion for the mission of the company and for its diverse and inclusive culture
   

• Coordinate and ensure the timely filing of required regulatory submissions on behalf of all private wealth-focused vehicles managed by HarbourVest including registered investment companies.

• Support pre-trade and post-trade compliance monitoring and other private wealth compliance testing programs

• Maintain a calendar of periodic regulatory reports for all private wealth vehicles; track and manage the process for compiling necessary data.

• Monitor events that may trigger ad hoc regulatory filings, and ensure such filings are timely made.

• Assist FINRA registered representatives in maintaining registration status and making all necessary submissions to their associated broker dealer(s).

• Compile and/or draft regulatory-required reports for the boards of HarbourVest-managed registered investment companies as well as other private wealth-focused vehicles.

• Support the Legal team to implement proper governance of all private wealth-focused vehicles, including assisting in the organization and documentation of board meetings for such vehicles.

• And other responsibilities as required.
   

• Understanding of securities laws, rules and regulations applicable to registered investment advisers and registered investment companies, including the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934, and the FINRA Communication Rules

• Ability to identify and work with both internal and external resources and systems needed to address regulatory reporting requirements.

• Capacity to understand and effectively communicate technical regulatory requirements to others

• Self-motivated, with strong organizational and time management skills

• Ability to handle and prioritize multiple tasks in a time-sensitive environment

• A diligent approach to documenting all work

• A strategic problem solver with a cross-functional point of view, who can implement ideas
   

• Bachelor of Arts (B.A) or equivalent experience, preferably with a concentration in law, business, finance or accounting
   

• A minimum 5+ years of experience in compliance roles within an investment adviser organization

#LI-Hybrid

Salary Range

This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. This role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance. In addition to salary and bonus, total compensation may include eligibility for long-term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs. Our total rewards offerings are influenced by several business factors, and eligibility for certain components will vary by position and geography. Please note the posted ranges do not apply outside the U.S. and should not be converted to other currencies as a proxy for compensation in other countries.