SUMMARY
The Associate Legal Counsel is responsible for providing a prominent level of Legal Administration services to address the basic legal needs of multiple clients.
KEY ACCOUNTABILITIES
- Prepares client registration statement updates.
- Prepares other client SEC filings.
- Prepares and distributes all client board and committee materials.
- Attending board and committee meetings by telephone or if a client requests, in person, to record notes.
- Drafts the minutes of client board and committee meetings.
- Provides updates to clients on recent regulatory events and conducts basic regulatory research for clients on the Investment Company Act of 1940 that does not involve legal conclusions.
- Drafts Ultimus contract amendments for services provided to assigned clients.
- Ensures the completion of (or, if appropriate, completes) all internal compliance related documents for assigned clients, such as filing checklists in an accurate and timely manner.
- Ensures that the Legal Administration relationship with each assigned client is strong and that the client's satisfaction level with the relationship remains high.
- Prepares relevant filings and documents for certain special regulatory add-on services such as building of new funds/trusts, proxy and information statements and Form N-14.
WORKING RELATIONSHIPS
- Mentors associates through instruction, coaching, providing real-time on-the-job experiences, modeling effective practices, and advising on methods used.
- Serves on departmental committees, as requested.
- As appropriate, maintains regular contact with internal departments and external vendors/relationships with respect to meeting assigned clients' needs.
- Engages in direct interaction with team members and may interact, on a limited basis, with clients.
May perform other duties as required and assigned.
EDUCATION AND EXPERIENCE
- A J.D. and membership (or anticipated membership) in the bar of at least one state.
- 0-3 years of experience as a 1940 Act attorney.
KNOWLEDGE
- Investment Company Act of 1940, the Investment Advisers Act of 1940, the Securities Act of 1933 and the Securities Exchange Act of 1934.
- Relevant securities laws.
- Microsoft Office Suite.
- Adobe Acrobat.
SKILLS AND ABILITIES
- Client service skills with an aptitude for understanding the clients' basic legal needs and how they are related to the clients' business needs.
- Proficiency in written communication skills, including the ability to set forth legal principles in "plain English."
- Legal research skills and an aptitude for legal analysis.
- Aligns associates with company values and goals.
- Plans and delegates the work of others.
- Motivates and inspires others.
- Assesses the performance of self and associates to make improvements or take corrective action.
- Plans and develops systems and procedures to improve operating quality and efficiency of department in accordance with company policies and procedures.
- Troubleshoots issues utilizing creative and critical thinking skills.
- Multitasking, analytical, and organizational skills.
- Initiative-taking, strategic, and meticulous approaches with a strong commitment to quality, efficiency, and effectiveness.
- Demonstrates personal integrity, responsibility, and accountability.
- Effectively uses resources such as time and information in conjunction with associates.
- Participates in solving problems and making decisions.
- Presents and expresses ideas and information, written and oral, clearly, and concisely.
- Actively listens to others to achieve understanding and supports an open exchange of ideas and information.
- Identifies needs, arranges for, and obtains resources to accomplish individual and department goals.
- Establishes and develops effective working relationships with associates and clientele during both favorable and unfavorable situations.
- Modifies team and individual priorities and deadlines in response to added information, changing conditions, or unexpected obstacles and ensures completion.
