Senior 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 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 4 days minimum per week in the office.

Reporting to the Head of Asia Compliance who is based in Singapore, the Compliance Senior Associate will assist with the Firm’s global compliance program, with particular emphasis on supporting the Firm’s regulatory and governance frameworks in Asia. Whilst the key focus of the job function will be Singapore compliance/regulatory work, this role will also have a regional coverage upon the discretion of the Head of Asia Compliance. This role will be based in Singapore and ensures adherence to all relevant local laws, MAS requirements, and internal policies, acting as a key liaison with regulators and internal stakeholders.

The ideal candidate is someone who is:

• Knowledgeable of the MAS regulatory requirements for fund management firms in Singapore, especially for CMS Licence in Fund Management

• Knowledgeable on the marketing and distribution of interests in private funds in Singapore.  

• Experienced in collaborating with colleagues in other regional offices as well as with headquarters based outside of Asia.

• Capable of comprehending and effectively communicating technical regulatory requirements and compliance policies to others.

• Self-motivated, detail-oriented with strong organizational and communication skills

• Able to handle and prioritize multiple tasks in time-sensitive situations, agile and ready to adapt in a fast-paced environment.

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

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

• Collaborative and supportive team member

What you will do:

• Ensure compliance with applicable regulatory requirements in Singapore (especially on MAS CMS License in Fund Management requirements) and assist in regional compliance matters as needed.

• Monitor and review compliance with applicable regulatory requirements, licence conditions and ongoing obligations

• Provide compliance advice on regulatory requirements, business initiatives, APAC cross border marketing do’s and don’ts, etc.

• Review APAC marketing and client communication materials, and oversee fund registrations / filings processes

• Develop, implement, and maintain applicable compliance policies, procedures, and controls, ensuring they reflect applicable regulatory requirements.

• Conduct regular compliance training for staff, assist with developing targeted training content and oversee training program calendar.

• Perform employee activities review, monitoring and reporting (e.g., personal trading, gift and entertainment, outside business activities, conflicts of interests, etc)

• Compilation of Compliance metrics and compliance reports

• Support maintenance of AML/CFT policies and compliance with AML /CFT requirements

• Support Corporate Governance matters such as co-ordination of board meetings, and relevant filings as required.

• Cross-coverage for colleagues as appropriate and other responsibilities as required

What you bring:

• Strong working knowledge of MAS rules and regulations in Singapore.

• Excellent written and oral communication skills in English.

• A problem solver with a cross-functional perspective

• Ability to work independently and as part of a collaborative team.

• Considerable experience presenting, interacting, and building effective relationships with professionals, including executive management.

• Proven ability to adequately document all work and has a high attention to detail.

Education Preferred:

• Bachelor’s or Master’s degree from a top-tier university  (ideally in Finance or Business or Accounting or Law) with a strong academic record.

Experience:

• 5-7 years of demonstrated relevant experience in a similar APAC compliance/ regulatory role in the financial industry, preferably in private equity / asset management with specific exposure to MAS Capital Markets Services Licence in Fund Management regulatory requirements.