Job Description

Legal Counsel - VP
Job Number: 21-06349
 
Eclaro is currently recruiting for a Legal Counsel - VP for one of our financial services client in New York, NY. This position is a direct hire with the client.
 
Eclaro’s client is a highly regarded investment services company that delivers investment management services including broker/dealer, banking, trust and insurance services. As a member of this team you will be working in a fast-paced agile development environment using the latest technologies to deliver quality solutions. If you’re up to the challenge, then take a chance at this rewarding opportunity!
 
Responsibilities:
  • Providing legal advice and consultation, focusing on a variety of legal issues relating to, among other things, the development of new, and changes to existing, bank-maintained collective investment funds (CIFs) established under U.S. Office of the Comptroller of the Currency regulations and U.S. federal securities and tax laws/regulations and typically subject to ERISA, and the provision of investment management, securities lending and other fiduciary services to institutional clients
  • Drafting and ongoing maintenance of CIF governing documents, including, but not limited to, investment guidelines and disclosure documents, and supporting the fund administration, marketing and client reporting teams in maintaining consistency of notes to the CIF financials, marketing materials and client reports with those governing documents
  • Coordinating closely with the team of paralegals who support the maintenance of the trust documents under which the CIFs are established (including quarterly amendments/restatements) and the library of CIF-specific disclosures, and the annual updates of the CIF-specific and trust bank-specific disclosure documents
  • Coordinating closely with other internal teams of lawyers/paralegals who have similar disclosure-related responsibilities for other types of pooled products, to ensure consistency across disclosures as appropriate
  • Coordinating with the vendor management team to engage and oversee service providers as necessary to facilitate automated production of new and updated disclosure documents
  • Researching and advising on bank, securities and product tax regulatory matters, and valuation, trading and portfolio management issues, among other things related to products and services offered to fiduciary clients of the trust bank
  • Assisting in the development of frameworks and processes for managing the legal and regulatory risks associated with various formation, disclosure, investment and operational aspects of the products offered by the trust bank
  • Managing internal business relationships and communicating directly with internal business clients
 
Qualifications:
  • A J.D. with superior academic credentials from a nationally-recognized law school and 3+ years' experience as a lawyer in a major law firm or in the legal department of a leading financial services organization
  • Some experience with the U.S. federal securities laws that pertain to investment management (preferably the Investment Advisers Act and/or the Investment Company Act) and/or U.S. bank fiduciary laws/regulations
  • Some experience advising publicly or privately offered pooled funds, including experience drafting fund and investment adviser/manager disclosure documents
  • Some familiarity with ERISA's prohibited transaction rules and other regulations applicable to investment managers
  • The ability and desire to develop expertise in new or unfamiliar areas of law
  • Exceptional analytical, written and verbal communication skills
  • Strong inter-personal and relationship-building skills
  • Able to work effectively both independently and as a member of team, in a demanding, fast-paced, global environment
  • Able to work efficiently on multiple tasks and projects concurrently while responding promptly to inquiries from colleagues and internal clients located in multiple time zones
  • Maintain the highest standards of professionalism and must pay careful attention to detail
  • Capable of collaborating with and overseeing work done by outside counsel
 
If interested, you may contact:
Merly Villanueva
merly.villanueva@eclaro.com
6467559379
Merly Villanueva | LinkedIn
 
Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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