ERISA/Executive Compensation Transactions & Compliance Attorney / ERISA - General Attorney in New York City, NY

Law Firm

New York City, NY

ERISA/Executive Compensation Transactions & Compliance Attorney / ERISA - General Attorney in New York City, NY

Attorney

Min 7 yrs required

No

Job Title: ERISA Fiduciary (Title I) Attorney

Job Responsibilities:
- Advising private funds and investment management clients on "plan asset" status, including understanding and applying the 25% test and VCOC/REOC rules.
- Evaluating transactions for compliance with REOC and VCOC standards, and drafting necessary opinions and certificates to ensure adherence.
- Reviewing and drafting ERISA provisions for private fund documents such as private placement memoranda, limited partnership agreements, subscription agreements, and side letters.
- Providing guidance to investment advisory firms, hedge fund sponsors, and other investment management clients on fiduciary requirements and prohibited transaction restrictions under Title I of ERISA. This includes advising on the availability of statutory or administrative exemptions, such as QPAM.
- Offering advice to investment industry clients on compliance with Department of Labor (DOL) and Internal Revenue Service (IRS) regulations, handling audits, applications, and disputes.
- Consulting with investment advisory firms regarding mergers and acquisitions (M&A) transactions that involve their ERISA clients.
- Advising pension fund trustees and other fiduciaries on matters related to Title I.
- Providing expertise to pension fund clients concerning the ERISA aspects of private fund documents and investments.
- Advising investment banks, investment managers, investors, and other parties involved in securitization matters, with a strong focus on CLO transactions. This includes addressing ERISA disclosures in capital markets securities offerings, such as the 25% test and prohibited transactions.

Education and Experience Information:
- Candidates must possess outstanding academic credentials.
- Law firm experience is required.
- Candidates must be admitted to practice and be in good standing in the jurisdiction to which they are applying.
- A minimum of 7 years of experience with Title I of ERISA is required.

Salary Information:
- The salary wage range for this position is expected to be between $450,000 and $500,000 annually.
- The actual pay wage may vary based on experience or other relevant factors.

About the Law Firm:
The law firm is recognized for its elite teams in finance, mergers and acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate. It provides intellectual capital and superior execution globally to leading investment banks, asset managers, and corporations.

Legal Terminology and Important Requirements:
- Applications must be submitted through the law firm's online search firm portal.
- Materials sent outside of the portal, or directly to attorneys, will not be accepted.
- A search firm ID code or fee agreement is required for search firms submitting candidates.
- The law firm is an equal opportunity employer.