Provides general legal counsel to AMGs investment management business, as well as specific advice on products, services, and certain legal actions. Reviews legal contracts and documents. Directly or through staff conducts legal research. May represent the bank in legal actions. Individuals in this position typically have a minimum of three years of experience since admission to the Bar. Responsible for providing legal support to Bank of America-Merrill Lynch’s Global Wealth and Retirement Solutions (GWRS) investment management business. This is a full-time position based in Charlotte, New York, or Boston.
Responsibilities include providing legal support to the alternative investments business, including advising on new and existing products and services.
Advising on the distribution of hedge funds, private equity funds, non-traded REITS, business development companies, and opportunity zone funds; and the formation of feeder funds.
Negotiating and reviewing transactional agreements.
Reviewing offering documents, marketing materials, and Financial Advisor sales materials.
Advising on regulatory matters and ongoing regulatory reforms, including Regulation Best Interest.
Participating in the review, policy and governance processes related to the above products and services, and working with business and control partners across various groups within the organization.
Required Skills & Experiences:
Qualified Attorney with a JD and active bar membership in good standing
A minimum of three years’ experience.
Working knowledge of the Securities Act of 1933, Investment Advisers Act of 1940, Investment Company Act of 1940, and FINRA rules and regulations.
Familiarity with private placements of securities, including those offered pursuant to Regulation D.
Familiarity with the review of products targeted at retail investors, including suitability considerations.
Experience with advising on hedge funds, private equity funds, non-traded REITS, business development companies, and opportunity zone funds.
Superior communication and writing skills.
Candidate must have demonstrated experience working in highly collaborative environments with an emphasis on teamwork and consensus building.