Associate, Compliance

Job Description Summary

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

In our collegial environment that’s marked by low turnover and high energy, you’ll 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 optimizes the potential of both the individual and the firm.

HarbourVest is an equal opportunity employer.

This position will be a hybrid work arrangement, which translates to 3 days minimum per week in the office.

The Compliance Associate will assist the UK Compliance Team and broader EMEA Compliance Team in implementing a compliant programme to meet regulatory obligations.

The ideal candidate is someone who is:

• Possesses ability to set priorities in planning work and meeting deadlines;

• Ability to respond to variable workflow and maintain composure in a fast-paced environment;

• Self-motivated, with strong organizational and time management skills and able to work independently and as part of a team;

• Excellent written and oral communication skills;

• Experience presenting, interacting, and forming effective relationships with professionals, including executive management, sometimes in difficult situations; and

• Understands the significance of accurately detailing all work and is diligent.
   

What you will do:

• Providing advice and direction to all departments on compliance with the Firm’s Code of Ethics and other compliance policies and procedures;

• Reviewing and assessing regulatory requirements and involvement in regulatory change projects;

• Assisting in providing training to employees on the Firm’s compliance policies and procedures and applicable regulatory obligations as required;

• Reviewing and approving marketing materials promoting the Firm, its products and services for compliance with all applicable marketing/advertising rules, with support from the EMEA, US and APAC team members, as required.

• Providing marketing advice to Investor Relations and the Firm’s Investment Professionals on cross-border marketing rules in the UK, EEA and other EMEA jurisdictions, including maintaining internal trackers and logs;

• Support the firm’s work to review policies and procedures by becoming a Subject Matter Expert (SME) in relevant areas such as marketing and distribution, assisting in the development and enforcement of associated Compliance policies & procedures, and advising the business on compliance with relevant requirements, maintaining and updating the compliance policies and procedures accordingly;

• Assisting the team in conducting compliance monitoring and testing in accordance with the Compliance Monitoring Programme (“CMP”) and preparing and communicating written reports for senior management and the Board as required, including the preparation of quarterly Board materials;

• Ability to administer the SM&CR programme by: (i) working with Human Resources to ensure new joiners/movers/leavers are identified and classified in a timely manner; (ii) working with managers to ensure initial and annual certifications are completed in a timely manner and regulatory references are obtained where required; (iii) ensuring all regulatory filings are made in a timely manner; (iv) developing and delivering annual Conduct Rules training;

• Review and approve expert network interactions;

• And other responsibilities as required
   

What you bring:

• Experience communicating, interacting, and establishing effective links with professionals, including executive management, sometimes in difficult situations;

• Can identify areas of control weakness for enhancement and initiating corrective action for the avoidance of future breaches;

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

• Assisting the Firm in identifying, responding to, and preparing for, regulatory change; and

• Understands the necessity to adequately document all work and is diligent.
   

Education Preferred:

• Bachelor’s degree (ideally in Law), or equivalent experience in legal or regulatory studies.
   

Experience:

• 3-5 years proven experience in compliance, legal, or audit roles within financial services, preferably within a MiFID firm or AIFM (Associate level).