StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program.  With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

Position Overview

The Compliance Associate will assist with respect to various aspects of administering the Compliance program for funds registered under the Investment Company Act of 1940 (“40 Act”).  The Compliance [Associate] will, among other items, prepare board materials for board approval of co-investment opportunities, prepare quarterly board reports, assist with deal review for compliance with 40 Act restrictions, track deal flow for compliance purposes, support the development, implementation and enforcement of compliance policies and procedures, assist with regulatory filings, and actively participate in helping to execute Stepstone’s compliance program for the 40 Act registered funds.  

Essential Job Functions 

• Prepare board materials for deal approval pursuant to the funds’ co-investment order
• Prepare quarterly board reports and other materials for review by the funds’ board
• Assist with review of deals for compliance with 40 Act restrictions
• Track deal flow for the funds
• Assist with the 40 Act compliance monitoring and testing program
• Participate in reviewing and analyzing federal and state laws and regulations, and relevant regulatory guidelines
• Coordinate with the funds’ CCO and the business teams to review and implement operational or policy changes in response to regulatory or business changes
• Perform other duties that may be required and assigned by senior Compliance team members

Education and/or Work Experience Requirements

• Bachelor’s Degree or relevant experience
• Minimum of 4 years of compliance or regulatory experience with a financial institution
• Exposure to the federal securities laws with extensive exposure to the Investment Company Act of 1940 preferred
• Knowledge of investment products, financial markets, and investment concepts

Following Relevant Experience is a plus

• Experience with an asset management firm with exposure to alternative investments and private markets
• Experience with regulatory examiners for financial institutions (responding to regulatory requests, producing documents and/or assisting with respect to examinations)
• Experience researching and interpreting laws and regulations, preferably in a financial institution

Required Knowledge, Skills, and Abilities

• Strong organizational and project management skills
• Strong individual contributor with the ability to work effectively as a member of a growing team
• Well-developed interpersonal skills with an ability to establish credibility and to interact with employees throughout the organization, in addition to external advisors
• Excellent verbal and written communication skills
• Ability to effectively communicate regulatory rules and requirements
• Communicate accurate and timely information to key stakeholders
• Handle complex issues and problems and refer more complex issues to the funds’ CCO

Other Attributes

• Self-starter, highly organized, analytical, detail oriented
• Exhibit professionalism, integrity, openness and respect 
• Culture carrier for Compliance team values

Strong work ethic and excellent interpersonal skills

Salary Range: $85,000 - $119,000

The salary range is an estimate of pay for this position.  Actual pay may vary depending on job-related factors that can include location, education, skill, and experience.  The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint.  As people are our biggest asset, we offer resources to help our employees reach their full potential.  Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.  

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.  

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure.  Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.  

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

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