Senior Counsel – Investment Solutions (Eastern Time Zone Candidates)

Overview

A leading provider of trustee and administrative services to Collective Investment Trusts (CITs) is seeking a Senior Counsel – Investment Solutions to join their Legal team. This role involves advising and supporting trust and administrative services businesses in a high-growth, rapidly evolving environment. The Senior Counsel will provide legal guidance across various functions, develop and execute legal strategies, and support business activities including fund formation, negotiations, and regulatory compliance.

Responsibilities

• Provide legal advice and support to trust and administrative services businesses, including counseling internal working groups and employees at all levels.
• Focus on CIT-related matters such as eligibility, investment questions, IRS determination letters, securities and commodities law exemptions, and state blue sky compliance.
• Negotiate and draft agreements with subadvisors, insurance companies, trading platforms, custodians, recordkeepers, and other service providers.
• Oversee the creation and documentation of new funds, including innovative products with private market exposure and lifetime income features.
• Design and implement legal strategies for high-priority projects, including large CIT asset conversions and mergers and acquisitions.
• Support retirement policy and advocacy efforts aimed at increasing retirement savings.
• Collaborate with the Marketing team on educational campaigns and review marketing collateral.
• Manage legal content for the RPAG platform used by retirement plan advisors.
• Serve as legal adviser to the 401(k) Plan Committee and provide in-house counsel on employee benefits.
• Act as a subject matter expert on legal and regulatory matters including asset management, capital markets, ERISA, and state law.
• Provide legal support for new services, products, partnerships, and technology implementations.
• Represent the organization in external engagements with clients, partners, regulators, trade associations, and outside counsel.
• Stay current on laws, regulations, and industry trends, recommending appropriate responses.
• Review and negotiate a wide range of legal agreements essential to business operations.
• Partner with compliance, risk, marketing, sales, and audit teams as needed.
• Perform hands-on legal work while advising on strategic issues.

Qualifications & Experience

• Juris Doctor (JD) from an accredited law school.
• Minimum of 5 years of legal experience, preferably combining large law firm and corporate legal department backgrounds.
• Admission to a state bar.
• Significant experience in financial services, with strong expertise in asset management and ERISA.
• Experience advising on transactions involving plan assets subject to ERISA and the Internal Revenue Code.
• Proficient in drafting, reviewing, and negotiating a broad range of contracts.
• Preferred experience in new product/service development, private market fund formation, and mergers and acquisitions.
• Ability to identify legal issues, assess risks, and propose solutions.
• Strong interpersonal, organizational, negotiation, analytical, and decision-making skills.
• Excellent written and verbal communication skills, capable of engaging effectively with all organizational levels and external stakeholders.
• Comfortable working in a dynamic, high-growth, and sometimes uncertain environment.

Compensation & Benefits

• Base salary range: $225,000 - $250,000 (subject to change).
• Eligibility for an annual incentive bonus plan.
• Comprehensive benefits package including group medical, dental, and vision insurance.
• Employer-paid life and disability insurance.
• Annual well-being stipend.
• 401(k) plan with advantageous employer contributions.

Location

This position offers flexibility to work from any of the following office locations or remotely from Washington, DC, Miami, or the New York metro area. The office locations include:

• Boston, MA
• Wilmington, DE
• Las Vegas, NV

A hybrid work model is supported for office-based employees, typically 4 days onsite and 1 day remote.