Description:

A Global Investment Firm Legal Department is responsible for navigating legal and regulatory environments, working to ensure the firm can deliver high-quality, compliant, innovative, and client-focused products and services while adhering to A Global Investment Firm risk appetite and applicable laws and regulations. Team members work with outside counsel and clients' legal advisors to obtain applicable advice, develop internal legal expertise, and provide high-quality services to our internal business clients. The team works collaboratively and diligently to facilitate global business activities for A Global Investment Firm clients, entities, and funds

Working with other members of the Australian and global legal team, this Counsel position will provide advice and legal support to the business on a wide range of funds, investment management, general company and commercial issues.

Responsibilities:
  • Collaborate closely with A Global Investment Firm Australian and global legal team to provide legal advice and support to the business on Australian and global regulatory issues arising in the context of A Global Investment Firm asset management business
  • Provide general regulatory advice – including interpretation and application of regulatory reforms to the business
  • Provide legal guidance and advice to the business for new investment product launches, including preparation of disclosure documentation
  • Review, negotiate and draft Investment Management Agreements for Australian clients – working closely with internal stakeholders to provide commercial advice
  • Liaise with and oversee work of outside counsel on a variety of Australian legal matters ensuring the standards for service delivery and cost are met
  • Partner with sales, client servicing, marketing, product development, research and compliance departments to identify and manage any legal issues and risks
  • Assist with reviews of Australian marketing materials, client/consultant questionnaires and ongoing due diligence requests
  • Work with the global legal team with respect to preparation and review of Australian client and supplier/vendor contracts – including platform agreements, back-office contracts, IT contracts and other corporate contracts
  • Assist the global team with Australian HR-related matters
  • Manage class action participation by the Australian managed investment schemes in Australian securities class actions

Qualifications and Experience:
  • Experience in either private practice with an upper tier law firm in corporate and securities law or funds and investment management, or in-house experience with an investment manager or financial services business with exposure to Australian funds/investment management issues
  • At least 7 years of practice
  • Strong academic achievement at a top law school
  • Australian qualified lawyer or member of a US state bar
  • Ability to provide advice which is both technically correct and commercial
  • Ability to work with global legal colleagues across different jurisdictions and time zones. If located in Austin, work hours would be slightly shifted to allow for collaboration with Australian legal and business teams during Australian business hours
  • Proficiency with the Corporations Act (experience in Chapters 5C and 7 of the Corporations Act)
  • Familiarity with the Australian PDS regime, investment management agreements, and wrap and other platform agreements is desirable
  • General Australian contract law experience is desirable
  • Team player with ability to work on own initiative, and manage multiple work streams and tasks reliably
  • Ability to collaborate with non-legal teams within the business and explain practical implications of the law effectively
  • Very strong communication skills (verbal and written)
  • Detail oriented and organized
  • Technical fluency, including proficiency with Microsoft Office Suite & other legal technology (ebilling, legal document repository, legal research tools), as well as a willingness & ability to learn and adapt to new technologies