Compliance, Innovator Capital Management, Associate

Job Type: Full Time

Number of hires for this role: 1

Job Location: Wheaton, IL (5 days per week in office)

• Bachelor’s Degree, JD or MBA
• 3-6 years of Compliance, Legal, Regulatory or Financial Services industry experience
• Excellent communications skills (oral and written), judgment, organizational skills, and project management skills
• Ability to handle multiple tasks simultaneously and work in a fast-paced environment

Innovator Capital Management (“Innovator”), a leading active ETF sponsor, is seeking a compliance associate to join the Compliance team. The Goldman Sachs Group, Inc. has entered into an agreement to acquire Innovator. After the close of the acquisition, expected to close in the 2nd quarter of 2026, Innovator will be part of Goldman Sachs Asset Management (“AM”), and this role will be part of AM’s Compliance team sitting with the Innovator team in Wheaton, IL.

AM delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. AM’s clients are global, with complex challenges that require deep investment expertise and dedicated client service to help them achieve their unique investment goals. AM serves a diverse range of clients – individuals, financial advisors, and institutions – who rely on AM to help them understand markets, deliver innovative investment solutions and plan for their future.

AM Compliance provides daily advice to AM’s various business teams on portfolio management, investing and lending activities, fundraising, the Investment Advisers Act, Investment Company Act, reputational risk, and other various regulatory requirements. The individual will interact with different business lines and control functions, including AM’s Portfolio Management teams, Sales, Finance, Operations, Engineering, Legal, and Internal Audit. The ideal candidate will have a strong interest in understanding AM’s business model and operational processes.

Compliance prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes this through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations;

designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You’ll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.

• Provide compliance oversight and support for AM personnel and provide advice on how to conduct AM’s business in a manner that complies with the vast array of applicable rules, regulations, and regulatory expectations
• Understanding of the Advisers Act and FINRA advertising regulations
• Review and advise on product marketing materials used to pitch AM’s product and services, including, website and social media content, due diligence responses, advertisements, quarterly fund materials (e.g., fact sheets, commentaries, pitchbooks) from a regulatory, and compliance perspective
• Assess current and prospective regulatory risk through industry interaction and research
• Analyze and stay current on global rules and regulations applicable to the sale of AM products in the US and abroad
• Work with regional compliance, legal, and business teams on cross-border marketing initiatives and provide guidance on regulatory requirements
• Develop, draft, and maintain compliance policies and procedures outlining firm requirements, jurisdictional requirements, regulations, and best practices
• Create and deliver compliance trainings
• Coordinate with the business and other internal stakeholders to assist with new business initiatives and regulatory requirements
• Perform testing, including the review of surveillances and conducting forensic reviews to assess compliance risks and identify potential breaches
• Assist with regulatory examinations, audits and inquiries
• 401(k) with matching
• Health insurance and PTO
• On-site Gym

• Base: $65k-$120k with consideration for discretionary year-end bonus