Counsel, Global Wealth Management Distribution job in New York, NY

Description:

Job Description:
A Global Alternative Investment Manager Operating Integrated Businesses is looking to hire an attorney to join its existing Legal team of [50+] attorneys and other legal professionals. The position will be in either New York [or possibly Washington D.C.] and report to the Global Head of Wealth Management Distribution at A Global Alternative Investment Manager Operating Integrated Businesses. The Associate Vice President, Counsel - Global Wealth Management Distribution, will be responsible for assisting the Global Head of Wealth Management Distribution to prove comprehensive legal support for the A Global Alternative Investment Manager Operating Integrated Businesses Wealth Management Solutions (AWMS) business, including actively participating in the global expansion of the AWMS business (existing and new products), leading retail product development and managing regulatory affairs across many distinct markets, jurisdictions investment strategies and product structures. The A Global Alternative Investment Manager Operating Integrated Businesses Legal team is responsible for advising on a wide range of legal matters as the A Global Alternative Investment Manager Operating Integrated BusinessesLegal team guides A Global Alternative Investment Manager Operating Integrated Businesses' business through an evolving and complex financial, legal, and regulatory environment across the multiple jurisdictions in which we operate. The ideal candidate will work with directly with senior management of A Global Alternative Investment Manager Operating Integrated Businesses' Wealth Management Solutions, as well as Public Investor Relations, Communications and Compliance and Regulatory departments.

Experience with legal matters related to the distribution of alternative investment management products is strongly preferred, as well as experience advising on associated broker dealer and regulatory issues. This role is a great opportunity to be part of a team-oriented legal group and work at one of the largest alternative investment managers in a fast-paced, dynamic environment.

Primary Functions & Responsibilities

Support global retail product development including origination, structuring and regulatory affairs across many distinct markets, jurisdictions investment strategies and product structures
Actively participate in the global expansion of the AWMS business (existing and new products), including the numerous commercial and legal considerations surrounding growth, positioning and risk management
Provide advice and counsel to business and functional the AWMS business related to rules and regulations and overall strategic objectives for the wealth management distribution channel
Assist in advising on a range of contractual negotiations and agreements between banks, wealth management firms (of all sizes and in all markets) and A Global Alternative Investment Manager Operating Integrated Businesses to distribute fund offerings to individual investors
Assist in advising on FINRA and other similar governing body issues associated with distribution of complex, non-traded products in the U.S.
Coordinate with internal fund counsel on diligence responses with both home offices and internal product management personnel
Coordinate with Compliance and Regulatory teams in connection with advice relating to sales literature and marketing developed for products and distribution efforts in the wealth management channel
Assist with legal issues that arise related to A Global Alternative Investment Manager Operating Integrated Businesses AWMS Operations team, and applicable transfer agent issues associated with Ares' wealth management-focused funds
Assist in advising on the management of the broker-dealer activities within Ares, including sales practices, broker-dealer legal inquiries, marketing materials and regulatory reviews
Work closely with external counsel for in-scope Ares funds and that support Ares' global distribution business
Work closely with key internal and external stakeholders, including regulatory/governing bodies, to ensure positive relationships are maintained and that Ares' approach is both proactive and creative, acting in full compliance with all requirements

Qualifications:
Education: JD required with a strong academic background

Experience Required:

4-8-year lawyer, with prior law firm experience and either currently at a law firm or in-house
Emphasis on exposure to wealth management-focused alternative investment products and base of securities-related exposure including working knowledge of broker-dealer and '40 Act issues
Experience with international wealth management businesses are ideal

General Requirements:

Superior communication skills and a demonstrated ability to create content to specified audience
Strong client service orientation
Excellent time management skills and ability to collaborate with others
Outstanding leadership and project management capabilities
Outstanding organizational skills with attention to detail
Ability to successfully manage multiple priorities and competing demands; result oriented
A solutions-oriented self-starter with the ability to see the big picture
A proficient issue spotter who sees through the complexity and is a creative problem-solver
Ability to thoughtfully balance the legal and commercial aspects of an issue
An analytical mind and a passion/interest in embracing new issues quickly and responsively and ability to develop subject matter expertise