Associate General Counsel

The Investment Company Institute (ICI) is the leading association representing regulated investment funds, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts (UITs) in the United States, and UCITS and similar funds offered to investors in Europe, Asia, and other jurisdictions. ICI’s mission is to strengthen the foundation of the asset management industry for the ultimate benefit of the long-term individual investor.

The Attorney-Securities Regulation position supports the Deputy General Counsel – Securities Regulation. Advises and represents the Institute and the regulated investment fund industry on securities and financial services issues and policy initiatives, including relevant legislation and regulations. Helps to coordinate and integrate the Department’s efforts with the Institute’s research, government affairs, operations and strategic communications functions in support of Institute positions and initiatives. Represents and advises the Institute on securities and financial services matters before the Securities and Exchange Commission, Financial Industry Regulatory Authority, other self-regulatory agencies, the Commodity Futures Trading Commission, banking regulators, other policymakers affecting the industry and, as appropriate, the states and the Congress.
MAJOR DUTIES & RESPONSIBILITIES

*
Supports the Deputy General Counsel – Securities Regulation on securities and financial services matters involving the SEC, FINRA, other self- regulatory agencies, the CFTC, banking regulators, Treasury, FSOC, other interested policymakers and, as appropriate, the states and the Congress.

• Advocates Institute positions before regulatory agencies, policymakers and Congress through written testimony, comment letters, leading, and participating in, calls and meetings and other oral presentations.
• May lead initiatives in areas of industry importance or emerging interest, such as responding to SEC and other agency proposals affecting regulated investment funds, state actions regarding regulation of activities of regulated investment funds, investment advisers and broker dealers, capital markets regulation and other matters that may arise from time to time.
• Identifies and implements initiatives (i) to assist members in regulatory implementation and compliance efforts and (ii) to identify and address areas of potential risk management concern for ICI and its members.
• May serve as the Institute’s liaison with relevant professional and industry organizations.
• Communicates and collaborates regularly and effectively with other Institute staff.
• Coordinates with the Research staff on data and other empirical analyses relevant to regulated investment funds and asset management services and securities and financial services regulations.
• Assists the Strategic Communications staff in understanding key securities and financial services issues, in developing communications and assuring the accuracy of communications, including press releases, social media posts and other public statements.
• Supports the efforts of the Independent Directors Council in meeting its mission and objectives.
• Coordinates with the Government Affairs staff to analyze, comment on and develop legislative proposals relating to regulated investment fund, asset management services, and securities and financial services policy issues.
• Coordinates with Operations Department staff including when regulatory or legislative proposals may place operational burdens on the fund industry.
• Coordinates with ICI Global on regulatory and legislative matters outside the United States relating to regulated investment funds, asset management, capital markets and other matters that arise from time to time.
• Helps prepare or may be responsible for organizing meetings (including choosing topics, preparing agendas, identifying and inviting speakers, and otherwise being responsible for member committees; participates, as appropriate, in other member committee and working group meetings.
• Communicates significant industry developments to members and others through memoranda, other documents and meetings.
• Assists in development of Institute conferences, webinars and workshops, serving as moderator when appropriate.
• May coordinate with, and oversee, work performed by outside legal counsel retained to assist ICI on regulatory and legal matters.
• Will oversee tasks assigned to administrative support staff.

*
MINIMUM JOB REQUIREMENTS*
Knowledge, Skills and Abilities

• Solid knowledge of federal securities laws and regulations, including the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934 and applicable FINRA rules, as well as other financial services laws and regulations affecting investment companies. Familiarity with the Commodity Exchange Act and banking or antitrust laws/regulations a plus.
• Understanding of the operations of investment companies and their service providers, including those of mutual funds, closed-end funds and ETFs, knowledge of BDCs, UITs, and variable products is a plus.
• Understanding of political and regulatory environment and processes.
• High capacity for critical legal and factual analysis (knowledge of relevant laws, grasp of business and other issues, soundness, thoroughness, marshalling of information, organization of data).
• Strong ability to communicate effectively in writing and orally.
• Sound problem-solving ability and judgment.
• Ability to engage knowledgeably and advocate positions, obtain consensus, and influence outcomes as appropriate.
• High degree of productivity, responsiveness, initiative, and flexibility.
• High degree of innovativeness, creativity, and strategic thinking.
• Ability to plan/prioritize; excellent project management skills.
• Ability to work effectively and collaboratively with Institute members, government personnel, outside counsel, media and Institute staff.

*
EDUCATION & EXPERIENCE*

*
J.D. degree and member of a state (or DC) Bar.

• Minimum 2 years relevant legal experience in government, trade associations, or in house or external counsel.

*_
The above statements are intended to describe the general nature and level of work being performed by the individual(s) assigned to this position. They are not intended to be an exhaustive list of all duties, responsibilities, and skills required. Management reserves the right to modify, add, or remove duties and to assign other duties as necessary._*

Job Type: Full-time