Associate General Counsel, Broker-Dealer/Investment Advisor Group

Min 8 yrs required

Full-time

No

Associate General Counsel, Broker-Dealer/Investment Advisor Group
The candidate will work with the Vice President, Broker-Dealer/Investment Adviser Group, to develop and direct OGC's program with respect to regulatory matters requiring specialized expertise in the regulation of broker-dealer/investment advisers (BD/IAs), including rendering independent expert advice in this area. Provide high quality and timely legal and advisory support to the organization's business units, including Member Supervision and Enforcement, and serves as a point of escalation for legal policy issues involving BD/IA regulation. Advise senior management and other internal and external stakeholders on legal policy issues involving novel and complex issues and coordinates with business units on legal policy statements. Provide expert knowledge to the Board of Governors and senior management, advising them on high-impact, legally and politically complex, and sensitive regulatory matters and rule changes. Coordinate closely with organization business units and other regulators as appropriate in the development and communication of legal policy statements. Serve as a key source of legal expertise on BD/IA regulation within organization and provide independent expert advice on questions presented. Conduct legal analysis and necessary research with respect to regulation of cross-BD/IA activities. Provide expert-level legal counsel and assistance to projects and initiatives of Regulatory Operations and other departments and support them in achieving their goals, including supporting organization's examination and enforcement programs to further reflect a holistic approach to member firms' business operations. Keep abreast of and analyze SEC, industry, state, and other self-regulatory organization initiatives concerning BD/IA regulation and develop and maintain strong and cooperative working relationships with other regulators and stakeholders. Advise the Board of Governors and organization advisory committees on dual BD/IA regulation with respect to high-impact, legally and politically complex, and sensitive regulatory matters and rule changes under consideration by the Board. Brief and communicate complex and sensitive regulatory matters to senior organization executives. Prepare legal policy statements and Board materials that contain sophisticated analyses and discussions of competing policy or political considerations necessary for the informed judgment of the issues by senior management and the Board, as appropriate, including insights from investment adviser regulation. Partner in the drafting and review of new rule proposals; gather and incorporate views of industry participants, other regulators, and senior staff; and partner in the preparation of Regulatory Notices and rule filings to the SEC. Prepare comments on regulatory proposals in the area from other regulators. Prepare rule guidance and other correspondence with member firms and their outside counsel. Work closely with the Office of the Chief Economist, develop economic impact assessments of rulemakings and conduct the retrospective review of rules on behalf of OGC, as assigned. Represent organization before industry and regulatory groups and organizations; serve as speaker at regulatory policy public conferences and meetings of organization committees on areas of subject matter expertise. Lead or participate in ad hoc special projects and initiatives as requested. Provide status reports of assigned matters or projects. Develop communications as needed for Chief Legal Officer and other senior management. Provide and implement suggestions to increase efficiency and effectiveness of procedures. Train and mentor other attorneys, regulatory analysts, legal assistants, and administrative assistants in OGC.

Not specified

Comprehensive health, dental, and vision insurance, life and disability insurance, retirement plans, paid time off, volunteer service days, and other benefits

Not specified

Legal analysis, legal research, policy development, regulatory guidance, project management, communication, leadership, mentoring

Law degree from an accredited law school

Job Requisition ID: R-007624

Qualification and Experience The candidate should have a law degree from an accredited law school, admission to a Bar, and 8+ years of directly related legal experience. Should have expert knowledge of laws, rules, and regulations governing the securities industry, with a focus on the Exchange Act, Investment Advisers Act, their rules, and related SEC interpretive guidance, as well as knowledge concerning state BD/IA regulation. Knowledge of Investment Company Act and fund regulatory experience is preferred. Should demonstrate expertise with respect to the Exchange Act and Investment Advisers Act, their rules, and related SEC interpretative guidance, as well as knowledge concerning state BD/IA regulation. Also demonstrate expertise regarding the BD/IA industry and various business models therein. Occasional travel and extended hours may be required.

Legal