SMBC Group
Executive Director, Assistant General Counsel - Asset Management
SMBC Group, New York, New York, us, 10261
Overview
Executive Director, Assistant General Counsel - Asset Management role at SMBC Group. SMBC Group is a top-tier global financial group with a 400-year history, offering a diverse range of financial services. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group. The anticipated salary range for this role is between $244,000.00 and $285,000.00 and may include an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive benefits portfolio. This is a leadership position focused on providing comprehensive legal coverage for the U.S. investment adviser and building a robust regulatory compliance framework in partnership with Compliance colleagues. Role Description
SMBC Group is seeking a seasoned inhouse attorney to provide comprehensive legal coverage and oversight for its affiliated U.S. investment adviser. This is a leadership position requiring sound judgment and a deep sense of organizational stewardship. The role offers the opportunity to help build a business from the ground up and to educate the internal client base on US regulatory requirements for investment advisers. Role Objectives
Provide legal, regulatory, and strategic advice on proposed business activities of a newly launched investment adviser, initially focusing on loan and credit assets, with potential to expand to other asset classes. Advise on a broad range of issues under U.S. investment management laws and regulations. Support business objectives while managing legal, regulatory, and franchise risks. Assess and respond to regulatory changes impacting the investment management business. Collaborate with legal and compliance colleagues across SMBC Group. Draft, review, and negotiate transaction documents for the investment management business, including advisory agreements and fund documents. Manage outside counsel and apply legal risk management standards and practices consistently with SMBC Group’s Americas Division Legal Department requirements. Qualifications and Skills
Active membership in good standing with the New York State Bar, or eligible to waive in. Juris Doctor degree from an accredited U.S. law school. At least 15 years of experience inhouse and/or at a leading law firm advising SEC-registered investment advisers, with a focus on institutional asset management. Deep expertise in SEC compliance, fiduciary standards, Investment Advisers Act, and other asset management regulations. Experience working at a bank-affiliated investment adviser preferred. Ability to provide adaptive, proactive legal coverage for a nascent investment adviser. Self-motivated, independent, and able to multi-task and prioritize effectively in a fast-paced environment. Strong organizational and written/oral communication skills. Ability to identify and diagnose legal and business issues, and explain decision points clearly and succinctly. Excellent critical thinking skills. Ability to work collaboratively with clients and colleagues across a broad range of seniority and experience levels in a large, complex global organization. Detail-oriented and thoughtful. Additional Information
SMBC’s employees participate in a Hybrid workforce model that provides the option to work from home and from an SMBC office. Candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles. SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
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Executive Director, Assistant General Counsel - Asset Management role at SMBC Group. SMBC Group is a top-tier global financial group with a 400-year history, offering a diverse range of financial services. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group. The anticipated salary range for this role is between $244,000.00 and $285,000.00 and may include an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive benefits portfolio. This is a leadership position focused on providing comprehensive legal coverage for the U.S. investment adviser and building a robust regulatory compliance framework in partnership with Compliance colleagues. Role Description
SMBC Group is seeking a seasoned inhouse attorney to provide comprehensive legal coverage and oversight for its affiliated U.S. investment adviser. This is a leadership position requiring sound judgment and a deep sense of organizational stewardship. The role offers the opportunity to help build a business from the ground up and to educate the internal client base on US regulatory requirements for investment advisers. Role Objectives
Provide legal, regulatory, and strategic advice on proposed business activities of a newly launched investment adviser, initially focusing on loan and credit assets, with potential to expand to other asset classes. Advise on a broad range of issues under U.S. investment management laws and regulations. Support business objectives while managing legal, regulatory, and franchise risks. Assess and respond to regulatory changes impacting the investment management business. Collaborate with legal and compliance colleagues across SMBC Group. Draft, review, and negotiate transaction documents for the investment management business, including advisory agreements and fund documents. Manage outside counsel and apply legal risk management standards and practices consistently with SMBC Group’s Americas Division Legal Department requirements. Qualifications and Skills
Active membership in good standing with the New York State Bar, or eligible to waive in. Juris Doctor degree from an accredited U.S. law school. At least 15 years of experience inhouse and/or at a leading law firm advising SEC-registered investment advisers, with a focus on institutional asset management. Deep expertise in SEC compliance, fiduciary standards, Investment Advisers Act, and other asset management regulations. Experience working at a bank-affiliated investment adviser preferred. Ability to provide adaptive, proactive legal coverage for a nascent investment adviser. Self-motivated, independent, and able to multi-task and prioritize effectively in a fast-paced environment. Strong organizational and written/oral communication skills. Ability to identify and diagnose legal and business issues, and explain decision points clearly and succinctly. Excellent critical thinking skills. Ability to work collaboratively with clients and colleagues across a broad range of seniority and experience levels in a large, complex global organization. Detail-oriented and thoughtful. Additional Information
SMBC’s employees participate in a Hybrid workforce model that provides the option to work from home and from an SMBC office. Candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles. SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
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