Investment Senior Counsel

Profile

Investment Senior Counsel

The candidate will be responsible for providing legal advice to senior management, client facing groups and operational personnel. You will work closely with industry groups on legislative and regulatory developments affecting AMG’s investment activities. Responsible for providing legal advice on SEC and OCC rules and regulations governing AMG’s investment activities and assisting the business in interpreting and implementing new laws and regulations. Providing creative and compliant business friendly solutions and for helping the business manage risk related to product offerings, customer agreements, marketing, RFP responses and account administration. Be called upon to assist with the development of new products and services and other special projects. J.D. or equivalent degree from an accredited law school; good standing in a state bar (preferably PA). Must have 8+years of legal experience. Very strong legal analytical, oral and written communications skills. Very strong contract drafting and negotiation skills. Substantive legal knowledge of regulatory framework for investment management activities of a national bank, registered investment advisors, and a variety of commingled vehicles (including alternative investments, mutual funds and common and collective trusts). Solid understanding of fiduciary principles and issues, including conflicts of interest, presented in investment management and trustee relationships. Ability to effectively interact with line of business managers, risk, compliance and support staff within a bank lines of defense model. Experience dealing with clients in a comprehensive and complex regulatory environment. The ability to represent PNC effectively in interactions with external counsel for PNC and with counsel representing other parties. Sound independent judgment and ability to perform work with minimal supervision, proactive, self-starter. Strong time management skills with ability to manage multiple projects and prioritize variable workflow. Experience successfully and practically operating in a complex matrixed asset management environment within a large bank, including effectively managing conflicts of interest and other reputational, operational, and regulatory risks of an investments platform for individuals, trusts and estates, charities and endowments, municipalities and corporate institutions. Experience managing relationships with regulators (including the OCC, Fed, SEC, and FINRA, with CFPB and CFTC experience additionally helpful). Strong communication and drafting skills, particularly in assisting clients with internal and external product marketing, client communications, and regulatory communications, including understanding of and experience applying advertising and marketing regulations from the SEC, FINRA and the OCC in both domestic and cross border context. Experience drafting and negotiating investment-related client, trading, data and other vendor agreements. Understanding of development, governance, operation, distribution, and marketing of traditional (mutual fund, ETF, index funds, collective funds), managed (UMA, SMA, model portfolios), and alternative (derivatives, hedge funds and fund of funds, private equity) investments offered through bank and SEC-registered entities. Solid understanding of the various complementary rules and regulations within highly regulated entities, including familiarity with Privacy, AML/BSA, and Cybersecurity regulations. Identifies and manages legal risk for the organization. Performs significant and complex legal work and regularly interacts with management.Oversees legal research, analysis, consultation and documentation within a framework of legal compliance and risk management. Leads outside counsel relationships and manages expenses. Networks with outside organizations to advance legal interests and legal health of the corporation and its industry.

Additional Information

Job ID: R108657.

Company info

The PNC Financial Services Group
1600 MARKET STREET
Philadelphia
Pennsylvania
United States 19103
Website : http://www.pnc.com