What are the responsibilities and job description for the Assistant General Counsel, Mutual Funds position at Neuberger Berman?
Neuberger Berman is seeking a lawyer experienced in the Investment Company Act of 1940 to join its New York-based Legal and Compliance Team. This position will be providing legal advice and support on Neuberger Berman’s U.S. registered fund business, including mutual funds, exchange-traded funds and closed-end funds. The lawyer will also provide support to our intermediary distribution efforts. This position will report to the General Counsel – U.S. Registered Funds. This is an exceptional opportunity for a well-rounded investment management attorney who enjoys working on many different sophisticated matters, wants substantial business team and client contact and is a team player.
Responsibilities:
- Providing ongoing advice with respect to structuring and maintaining registered investment vehicles, including the preparation and on-going review of registration statements
- Advising a variety of internal business clients, including portfolio managers, marketing and sales personnel on a variety of legal and regulatory matters associated with current and proposed business and operational initiatives
- Ensuring productive relationships with regulators and internal and external clients and boards of trustees/directors by demonstrating superior responsiveness and client service
- Preparing materials for boards of trustees/directors on a variety of routine and ad hoc legal and compliance matters
- Drafting and negotiating various contracts, including: (i) investment management agreements; (ii) intermediary distribution and servicing agreements; (iii) non-disclosure agreements; and (iv) agreements with various service providers
- Keeping abreast of new regulatory developments and acting as a liaison in implementation of rules and regulations
- Reviewing marketing materials and other client communications, including client information requests and requests for proposals
- Adjusting job responsibilities to accommodate changing priorities while managing multiple requirements and timelines
Requirements:
- Bachelor’s degree and JD required
- Member of New York state bar (or the ability to waive in)
- At least 4 years of experience working with U.S. registered funds and the Investment Company Act of 1940 at a major U.S. law firm or with an in-house legal department
- Experience working with boards of trustees/directors of U.S. registered products strongly preferred
- Experience working on intermediary relationships for U.S. registered products a plus
- Capable of working independently but with ability to recognize when to seek guidance in complex situations
- Pro-active approach with the ability to engage with and communicate effectively with senior management
Salary : $180,000 - $220,000
