Associate Counsel, PM Legal and Fund Formation

Schonfeld

$200K — $250K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • J.D. from an accredited law school and state bar admission.
  • 4-6 years of experience in investment management/funds practice.
  • In-house experience preferred but not mandatory.
  • Exceptional legal analytical and drafting skills.
  • Strong organization, communication, and interpersonal skills.
  • Proven ability to manage competing urgent tasks effectively.
  • Experience with AI tools in legal contexts is a plus.

Responsibilities

  • Draft, negotiate, and interpret investment-related contracts with portfolio managers.
  • Manage all aspects of fund formation and capital development activities.
  • Lead strategic transactions and regulatory matters in private equity.
  • Collaborate with senior stakeholders, including the CEO, COO, and CFO.
  • Engage with outside counsel and advisors on various legal issues.

Benefits

  • Comprehensive performance bonus opportunities.
  • Competitive benefits package.
Full Job Description
The Role

We are seeking to hire an exceptional individual to join our Legal Team at Schonfeld. You will have the opportunity to work within two of the Legal Team's practice areas: Portfolio Management (PM onboarding/offboarding/counseling) and Capital Development & Investor Relations. This is a dynamic opportunity to partner with senior management and to blend your legal acumen with your desire to get closer to the business while addressing a wide variety of legal issues.

What you'll do

Your primary focus will be:
  • Drafting, negotiating and interpreting various contracts directly with our portfolio managers (most commonly, investment management agreements, employment agreements and deeds), as well as handling related onboarding and offboarding matters.
  • All facets of fund formation and capital development, including launching new investor-facing products, updating existing fund documents, preparing and reviewing side letters, maintaining fund side letter logs, negotiating placement agent agreements, and assisting with investor queries and communications.
  • Help to spearhead strategic transactions, private equity transactions, loan documents and regulatory matters.
  • Partnering closely with our stakeholders in other departments in furtherance of the above goals, including the Firm's CEO/CIO, COO and CFO, as well as the strategy heads, business development teams and our capital development team.
  • Working collaboratively with outside counsel and other advisers.

What you'll bring

What you need:
  • A J.D. from an accredited law school and admittance to a state bar.
  • At least 4-6 years of experience in the investment management/funds practice area.
  • In-house experience is preferred but not required.
  • Superior legal analytical and drafting skills.
  • Superior organization, communication and interpersonal skills.
  • Ability to prioritize and handle urgent competing workstreams.
  • Ability to work both independently and collaboratively in a demanding, fast-paced and fluid environment while maintaining superior rigor and attention to detail.
  • Ability to build trust and maintain positive working relationships with internal and external stakeholders at all levels.
  • Interest or experience in identifying and implementing AI tools to assist the legal team more broadly.

The base pay for this role is expected to be between $200,000 and $250,000. The expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation, such as a substantive performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors, such as skills, qualifications, and experience.

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