Compliance Analyst

About ACA Group

ACA Group is recognized as the leading governance, risk, and compliance (GRC) advisor serving the financial services industry. The organization is dedicated to empowering clients to rethink their approach to GRC, helping to protect and advance their businesses. ACA’s innovative method brings together consulting services, managed solutions, and the ComplianceAlpha® technology platform, backed by the expertise of former regulators and practitioners and a comprehensive understanding of the global regulatory landscape.

Position Overview:

Testing Analyst at ACA Group, you will evaluate client compliance programs under the Investment Advisers Act of 1940 and other federal securities laws. Your role involves analyzing client records for regulatory issues and communicating your findings and recommendations.

Shift Timings :12 PM to 9PM IST

Key Responsibilities

· Aiding with the execution of clients’ compliance program; testing mock regulatory examinations and compliance program reviews, including document preparation and review of requested material such as Anti-money laundering & KYC/CIP testing, Online presence (social media) reviews and marketing material reviews

· Conduct SEC Registered Investment Advisers Testing; Perform a range of tasks during client reviews, addressing the unique scale and complexity of ACA’s client base. Coordinate and guide the efforts of colleagues during these engagements.

· Data Analysis & Forensic Reviews; Conduct SEC-related examinations for Registered Investment Advisers (RIAs) and targeted compliance reviews using the "ComplianceAlpha" platform.

· Compliance Program Assessments: Review and assess client compliance policies and procedures for adequacy and effectiveness against regulatory standards.

· Identify compliance gaps and recommend enhancements aligned with SEC regulations and industry’s best practices.

· Develop and execute "risk-based testing plans" covering areas such as Code of Ethics, Form ADV, PF filings, Form D, marketing, trading, and other regulatory requirements.

· Prepare comprehensive testing workpapers, matrices, and preliminary draft reports summarizing findings and recommendations.

· Manage and perform quarterly advisory compliance reviews in collaboration with ACA’s outsourced Chief Compliance Officer, driving robust compliance management and prompt resolution of gaps and issues thus strengthening compliance frameworks and addressing regulatory risks proactively.

· Document evidence and maintain audit-ready records within the ComplianceAlpha tool.

Qualifications

· Bachelor’s or Master’s degree, preferably with a major in law, business, accounting, finance, or economics.

· 3 to 6 years of experience in compliance or business operations. Ideally, this experience should involve carrying out compliance and regulatory functions within the U.S.-based compliance divisions of wealth advisory firms or financial institutions.

· Sector experience in asset management or investment banking within a GCC/COE environment is needed; compliance experience within BFSI, broker-dealer, investment adviser, or asset management firms is preferred.

· Thorough knowledge of federal securities laws and relevant regulations, including the Investment Advisers Act of 1940, Investment Company Act of 1940, Securities Exchange Act of 1934, Commodity Exchange Act of 1936, and Commodity Futures Trading Commission Act of 1974.

· Solid understanding of Private Equity, Hedge Funds, Mutual Funds, and their respective structures.

· Ability in Microsoft Office applications and proven aptitude for working in technology-driven environments, especially with compliance technology platforms such as NICE Actimize, Mantas, MCO, ComplySci, Smarsh, Global Relay, or Compliance Alpha is a plus.

Skills and Attributes for Success

· Maintain professional integrity and adhere to ACA’s standards of quality and customer service.

· Demonstrate reliability, adaptability, and flexibility in response to new ACA initiatives and evolving client requirements. Exercise sound discretion and independent judgment on significant issues.

· Thrive in fast-paced individual and small team environments, while establishing and sustaining effective relationships with colleagues and clients.

· Exhibit strong motivation, goal orientation, and initiative in professional development, including a willingness to volunteer and actively participate in both internal and external projects.

· Display advanced organizational, problem-solving, and attention-to-detail skills, as well as articulate oral and written communication abilities.

· Acquire proficiency in the Investment Advisers Act of 1940 and other relevant federal securities regulations and guidance.

· Develop expertise in utilizing ACA’s suite of internal and client-facing Reg-Tech products.

· Demonstrate proficiency in Microsoft Office applications, adapt effectively to technology-driven environments, understand web-based platforms, and contribute to technological advancements and innovative solutions.

Benefits of Working at ACA

ACA Group provides a competitive compensation package that rewards performance and values each employee’s contribution. The Total Rewards package includes medical and dental insurance, 401(k) plans, and a variety of paid time off options, along with a flexible work environment. Employees are eligible for ACA Paid Holidays, Summer Fridays, Personal/Family Care, and other leaves of absence to support overall well-being. Unique benefits include Student Debt Forgiveness and Pet Insurance.

Commitment to Diversity and Equal

ACA Group is dedicated to fostering a nondiscriminatory workplace across all areas of employment, including recruiting, hiring, placement, promotion, training, discipline, termination, layoff, transfer, leave of absence, compensation, and all other terms. All qualified applicants are considered for employment regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other status protected by law.