Compliance Analyst

The Opportunity

Reporting directly to Nearwater’s Chief Compliance Officer, the Compliance Analyst will be a critical resource to the CCO and a key partner to Legal, Operations, Finance, Risk, Technology, and Front Office leaders and teams. The role supports the firm’s compliance function in ensuring that all business activities are conducted in accordance with applicable regulatory requirements and compliance best practices.

Rather than being siloed within a sub-department of a large compliance function, the successful candidate will have the opportunity to engage in all aspects of building and running a compliance program for a financial firm, while gaining broad international exposure to a myriad of interesting compliance and regulatory issues.

What You’ll Do

Support regulatory compliance and policy

• Work with the various firm areas in maintaining up-to-date policies and procedures reflective of current law, rules, and regulations, and the firm’s business.
• Monitor regulatory developments and news relevant to Nearwater and write summaries and key takeaways to educate employees on developments and potential impacts.
• Assist in preparing and submitting the firm’s regulatory filings to the SEC.
• Assist the Compliance team in managing and responding to SEC inquiries and periodic examination requests.
• Act as an internal resource for employees’ compliance questions.

 

Drive training and communications

• Develop and deliver compliance training to Nearwater employees.
• Prepare the Compliance update for monthly governance and quarterly Board meetings.
• Maintain and create content for the firm’s compliance/regulatory intranet site.

 

Manage compliance operations

• Administer the firm’s third-party compliance software for employee and firm trading monitoring. Work with employees and external parties to implement electronic feeds for personal trading accounts.
• Create and monitor tasks and assignments such as the annual compliance certification and supervisory alerts.
• Run all compliance aspects of onboarding Associated Persons, including reviewing initial compliance questionnaires, administering training and system set-ups.
• Participate in special projects as they arise.

 

What We’re Looking For

• Bachelor’s degree required; evening JD candidates encouraged to apply.
• 1–2+ years’ experience or internship experience in the financial services industry at a financial firm, regulator, or consulting firm is highly valued.
• Recent or upcoming college graduates may apply, but a strong interest in compliance and demonstrated interest in financial services is required.
• Knowledge of financial products, markets, and applicable laws and regulations.
• Familiarity with SEC security-based swap dealer regulations is a plus.
• Excellent written and verbal communication skills, with the ability to interact confidently with senior leadership and external parties such as regulators, consultants, and outside counsel.
• Strong project management and organizational skills, with exceptional attention to detail.
• Professional, efficient, resourceful, and able to work independently with minimal guidance.
• Willingness and ability to roll up sleeves and be a team player to aid where needed.
• Proficient in Microsoft Office Suite.

 

How You Work

• You take ownership and bring a proactive approach to identifying and remediating problems.
• You’re detail-oriented but able to see the bigger picture.
• You communicate clearly and confidently across all levels of the organization.
• You are comfortable navigating complexity and ambiguity, bringing structure and clarity to evolving situations.
• You collaborate closely with colleagues across functions.
• You hold a high bar for accuracy, integrity, and accountability.

 

What You’ll Get

• The opportunity to make a real impact on the firm’s compliance posture while developing hands-on compliance skills with a growing and innovative organization.
• Direct exposure to a myriad of interesting and complex compliance and regulatory issues, including international matters.
• Close collaboration with colleagues in Front Office, Risk, Finance, Operations, and Legal.
• A fast-paced, intellectually stimulating environment where you will learn something new every day.
• A collaborative, in-office culture where contributions are visible and decisions are made quickly.

Who We Are

Nearwater Capital is a rapidly growing and innovative specialty finance company headquartered in New York City with a global presence and client base. Established in 2017, Nearwater has distinguished itself as a leader in delivering thoughtful, solutions-based financing to some of the largest financial institutions and financial services firms in the world.

Nearwater offers an attractive market compensation and benefits package. As a creative, intellectual capital firm, Nearwater is proud to be 100% work from office.