Compliance and Legal Associate

The Firm

Founded in 1988, Prospect Capital is an alternative asset management firm with $7.3B of assets under management, including permanent capital. Prospect pursues multiple strategies in the US, including direct lending, private equity, real estate private equity and structured credit. Prospect has a long-term, value-oriented approach that employs fundamental bottoms-up research to identify investments that offer attractive risk and reward.

With headquarters in New York City, the firm is comprised of 100 experienced professionals who value entrepreneurship, intellectual rigor, hard work and continuous improvement.

The Position

We are seeking a motivated and detail-oriented Compliance and Legal Associate to join our legal and compliance team. This role is an excellent opportunity for a compliance professional seeking broader exposure to a dynamic investment management environment or a corporate paralegal looking to expand into regulatory compliance. The ideal candidate is intellectually curious, highly organized, team-oriented and eager to grow.

Corporate & Securities Matters

• Provide support for required filings under securities laws, including Form 10-Ks, Form 10-Qs, 8-Ks, registration statements, prospectuses and proxy statements.
• Assist with NASDAQ and NYSE compliance activities, including reporting organizational changes and filings of annual and interim reports.
• Assist with preparation of materials for meetings of the Board of Directors and its committees, including drafting resolutions.
• Handle corporate governance matters, including research and maintenance of records relating to the Board of Directors.
• Draft, review, and file corporate and transactional documents.
• Support special corporate governance and capital markets projects as the need arises and other tasks, strategic projects, or duties as needed.

Compliance Support

• Assist with the firm’s regulatory compliance program, including maintaining, updating and supervising the firm’s compliance policies and procedures and conducting employee training and annual reviews.
• Help manage Comply, the firm’s software for administering employee Code of Ethics obligation, including personal trading and gifts & entertainment.
• Support regulatory filings, including Form ADVs and related regulatory reports.
• Support the firm’s marketing compliance program, including review of marketing materials.
• Assist with preparation for regulatory examinations and help coordinate responses to regulatory inquiries.
• Support special compliance projects as the need arises and other tasks, strategic projects, or duties as needed.

Desired Skills and Experience

• Bachelor’s degree from a leading college or university.
• 5 or more years of experience in a corporate legal department, law firm, or compliance role, preferably within investment management or financial services.
• Exposure to or working knowledge of investment adviser, investment company or industry related compliance (e.g., Investment Advisers Act, Investment Company Act, Securities Exchange Act, and FINRA rules) is a plus.
• Experience or working knowledge of securities filings, corporate governance, entity management, and due diligence.
• Ownership mentality and strong organizational skills.
• Excellent analytical and communication skills.
• Ability to produce high-quality work in a deadline-driven environment.

The anticipated base salary range for this position is $140,000 - $185,000 plus an annual discretionary performance-based bonus. Actual pay may be adjusted based on experience and performance.

In addition to the base salary, the hired professional is eligible for comprehensive benefits including 100% employer-paid Life Insurance, and AD&D. You'll also have access to pretax benefit accounts, including FSA, HSA, and Commuter accounts. Our perks go beyond the basics with a mentorship program, daily in-office paid breakfast and lunch, company-sponsored ski and sailing trips, and regular happy hours. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

Salary : $140,000 - $185,000