Description:

The Role:
You will be part of the team within An Investment Service Firm Legal Department that supports FI and FBOT, primarily advising on a broad array of legal issues that arise in the Custody segment, which services third-party RIAs that use National Financial Services LLC (“NFS”) to custody their client brokerage accounts.

The Expertise and Skills You Bring:

JD and at least 6-10 years of law firm, industry, or regulatory experience
Admitted to practice or willing to secure bar admission in the relevant jurisdiction
Highly advanced expertise and experience in investment adviser securities laws and related rules and regulations and general knowledge and understanding of the regulatory framework for broker dealers, including relevant laws, rules and regulations
Experience advising on SEC, FINRA, and other laws, rules and regulations applicable to investment advisers and broker-dealers
Strong work ethic, excellent judgment, and keen attention to detail
Strong writing and research skills; ability to communicate complex legal issues through organized, thorough and practical analysis and advice
Strong analytical, strategic, investigatory, and problem-solving skills and ability to work independently with minimal supervision
Strong sense of ownership of tasks and responsibilities and ability to priority work appropriately
Ability to work closely and collaboratively with our business partners and others within the Legal, Risk, and Compliance departments
Ability to manage outside counsel to provide quality legal services in a cost effective manner
Additional helpful experience includes ERISA and state laws and regulations impacting broker dealers and investment advisers

The Value You Deliver:

Providing day-to-day support to the Custody segment sales, relationship management, and client experience teams, as well as longer term complex projects
Providing advice and guidance to the custody segment on account-level and firm-level issues and matters, policy questions, forms and applications
Developing trust-based relationships with Custody segment business partners to provide effective and timely legal support on business critical issues, building reputation as trusted advisor
Evaluating and assisting in the development of brokerage and custody products and services in collaboration with multiple groups within An Investment Service Firm, including product, client experience, risk, compliance, finance, sales, technology, and marketing
Working and collaborating with the FI/FBOT Legal team and other colleagues in Legal as well as in Risk and Compliance to meet the needs of the FI/FBOT businesses
Providing advice and training as needed to all levels of the business regarding existing and proposed rules and regulations
Developing an advanced understanding of the Custody segment business in order to recognize patterns, trends, potential areas of risk and provide legal advice accordingly to achieve business priorities