Back to jobs
New

Registered Fund Attorney - Senior Vice President

New York, New York, United States

About the Role

iCapital is seeking a Senior Vice President to join its Legal Department, Registered Funds Legal Team to assist with the expansion and management of iCapital’s registered 1940 Act product launch and regulatory program. This role will work closely with the senior Portfolio Management, Product Development, Legal, Finance, and Regulatory and Compliance Team members on a variety of legal and regulatory matters focused on registered funds, such as closed-end tender offer funds (TO Funds), interval funds (Interval Funds), exchange-traded funds (ETFs), collective investment trusts (CITs), unit investment trusts (UITs) and separately managed accounts (SMAs). The ideal candidate has exposure to all aspects of the retail investment management business and should have experience in drafting and negotiating fund documents and related fund materials, including placement agreements and vendor agreements.

Responsibilities

  • Partner with the Product Development, Finance and Product Maintenance Teams to structure, launch, distribute and maintain TO Funds, Interval Funds, ETFs, CITs, UITs or SMAs across the spectrum of alternative asset classes.
  • Negotiate various agreements with counterparties including distributors, service providers, fund managers and BDCs, non-traded REITs, private REITs, and other closed-end funds registered under the 1940 Act.
  • Draft and review of registered fund offering materials such as Private Placement Memorandum and Prospectuses, and private fund, UIT and ETF legal documentation.
  • Assist regulatory and compliance with matter and questions pertaining to substantive provisions of the 1933 Act, 1934 Act and 1940 Act, including those governing affiliated transactions, fund-of-fund arrangements, and advisory and distribution contracts.
  • Advise on the legal implications of offering new and existing products and services.
  • Coordinate use of outside legal counsel with respect to a variety of issues including regulatory, corporate and fund investment work.
  • Assist with various Corporate Governance related matters related to the launch, maintenance and distribution of various registered investment companies including TO Funds, Interval Funds, ETFs and UITs.
  • Assist with issues related to ERISA and Banking laws.
  • Review materials for SEC, CFTC/NFA or FINRA compliance, as appropriate.
  • Draft, review and negotiate various types of fund and related contracts, including various advisory, distribution, and trading agreements as well as other legal documentation related to fund formation.
  • Perform ad hoc research projects.
  • Partner with other Legal and Compliance Team members on various product and regulatory matters.

Qualifications

  • 6+ years of fund formation experience within the registered fund or mutual fund space
  • Strong knowledge of the 1933 Act, 1934 Act and 1940 Act and Forms N-1A and N-2
  • Strong knowledge and experience related to the development, launch, distribution and maintenance of TO Funds and Interval Funds, or alternatively UITs or CITs
  • Member in good standing of NY, CT Bar or another state or relevant jurisdiction
  • Law firm or in-house experience at an asset management firm is a plus
  • Commodity Exchange Act and NFA Rules experience is a plus
  • Demonstrated ability to manage fund launch and completion of related documentation in accordance with project plans
  • Strong interpersonal and communication skills
  • Willingness to learn new topics and work in an evolving business environment
  • Organized and detail-oriented with big picture capabilities

Benefits

The base salary range for this role is $240,000 to $280,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us   X: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Create a Job Alert

Interested in building your career at iCapital? Get future opportunities sent straight to your email.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Education

Select...
Select...
Select...
Select...

This applies to full time roles only.

This applies to full time roles only.

This applies to full time roles only.

Select...
iCapital is an office-first culture, as such all employees are required to work in the office Monday-Thursday, with the flexibility to work remotely on Friday, depending on the department. Please review the job description before applying, to identify the specified location/s for the role. *

This only applies to U.S. based roles.

This question is optional.

This question is optional.

iCapital Voluntary Self-Identification Questions [U.S. Only]

Candidates are invited to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in iCapital Network ’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, and you voluntarily decide to complete this survey, please indicate by making the appropriate selection. We request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded.

Voluntary Self-Identification of Disability


Why are you being asked to complete this?

The law requires us to provide equal employment opportunity to qualified people with disabilities.  We request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake.

Completing this form is voluntary. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury

This survey should take about 5 minutes to complete.

Select...
Select...
Select...
Select...
Select...

iCapital uses AI-enabled technology to compare your application against our job requirements and to assist in our hiring process.

Learn more