Description:
The Los Angeles County Employees Retirement Association (LACERA) administers and manages the $87+ billion retirement fund for the County of Los Angeles. We provide retirement, disability, and death benefits to eligible County Employees and their Beneficiaries, and collect, deposit, invest, and manage retirement funds collected from the County, Outside Districts, and County Employees. LACERA is one of the largest county retirement associations in the United States with over 194,000 members. Our Membership is comprised of individuals from a diverse range of careers, age groups, and ethnicity - all contributing to the greater welfare of Los Angeles County. LACERA also manages the $4.5 billion OPEB Master Trust whose purpose is to pre-fund OPEB Program medical, dental, and vision benefits for participating employers.LACERA is located in Gateway Plaza at 300 North Lake Avenue in the beautiful City of Pasadena. The building is easily accessible from the Foothill Freeway (210) and the Metro Lake Station. We offer convenient free parking for staff members in our secure structure adjacent to the building in addition to a robust rideshare program providing commuting alternatives such as ride-matching, vanpool, carpool, parking services and more. Prioritizing health, well-being, and sustainability, Gateway Plaza is a Class “A” office building, LEED Gold Certified and EPA Energy Star Certified. With a Walkability Score of 91, LACERA staff members easily enjoy the approximately 150 shops, food, and dining options that makeup the popular South Lake Avenue District.
Our members dedicate their careers contributing to the welfare of Los Angeles County. For their service, the County contributes to their promised benefits, and LACERA is dedicating to serving them in return throughout their career and their life afterwards.
Our Core Values: I ACT (Integrity, Inclusivity, Innovation, Accountability, Collaboration, and Transparency),serve as our cultural guide and foundation in meeting our mission. As a member-focused government agency, we abide by our core values to ensure the public's trust, operate efficiently and cost effectively, and provide our members with their promised benefits.
Our Core Values serve as our cultural guide and foundation in meeting our mission. As a member-focused government agency, we abide by our core values to ensure the public's trust, operate efficiently and cost effectively, and provide our members their promised benefits.
About the Position:
The current vacancy is in the Investments and Commercial Transactions Section of the Legal Division. This position will be part of a team of attorneys, legal analysts, and secretarial support that provide legal advice and representation on investment issues as well as transactional support to LACERA and its Boards of Retirement and Investments, the Executive Office, the Investment Division, and other divisions as needed in investing the pension plan assets to provide benefits to members and their beneficiaries. Issues will include interpretation of state regulations, AML/KYC rules, the Internal Revenue Code, and other tax rules, registration requirements with regulatory agencies, and analyzing historical documents, policies, and procedures that may affect the pension plan and its investments as part of a complex global portfolio.
The position will involve filling out investment related questionnaires, forms, registrations, subscription agreements for commingled funds, maintaining title holding entities in the real estate portfolio, drafting minutes and resolutions for the same, assisting with investment closings, managing tax returns and applying for tax exemptions, submitting country registrations and powers of attorney to custodians, processing invoices and keeping logs and spreadsheets updated. It will also involve research, analysis, troubleshooting, and responding to internal client requests.
The Legal Division is comprised of a Chief Counsel, Senior Staff Counsels, Staff Counsels, Legal Analysts, and Legal Secretaries. Legal staff work in one of four sections: Litigation and Employment, Investments and Commercial Transactions, Benefits, and Disability.
Vacancy Information: The current vacancy is in the Investments and Commercial Transactions Section; however, the resulting eligible register can be used to fill both current and future vacancies throughout the Legal Division.
Work Schedule: This full-time position is required to work a 5/40 schedule (e.g. an eight (8) hour day, Monday through Friday). LACERA offers a hybrid work environment, and this position may be eligible to telework up to three (3) days per week depending on the needs of the Legal Division and LACERA.
Examples of Essential Job Functions:
To view the complete job description for this classification, please click Legal Analyst, LACERA.
Requirements:
Selection Requirements:
Option 1:
Certificate of completion of a paralegal training program approved by the American Bar Association or accredited by the California Department of Education or by an equivalent accrediting agency from another state or meeting the definition of a Paralegal under California Business and Professions Code Section 6450 and three (3) years' experience in a legal office performing paralegal or similar duties in the public or private sector.
OR-
Graduation from an accredited law school with one year of experience in a legal office performing paralegal or similar duties in the public or private sector.
Other Requirements: Applicants must be able to perform the essential functions of this classification, with or without a reasonable accommodation.
Physical Class II:
2 - Light. Physical effort which may include occasional light lifting to a 10-pound limit, and occasional bending, walking, stooping or squatting. Incumbents sit for extended periods of time. Work is performed in an office environment in a controlled climate.
Additional Information:
Desirable Qualifications:
- Demonstrated experience analyzing and reviewing documents regarding the purchase and sale of improved real estate.
- Demonstrated experience with tax issues, including tax returns and exemption forms.
- Demonstrated experience maintaining companies, such as corporations, LLCs and partnerships, including their formation, annual registration, and dissolution.
- Demonstrated experience drafting corporate minutes, consents, resolutions and maintaining corporate minute books.
- Demonstrated experience analyzing and reviewing subscription agreements, investor questionnaires, KYC/AML forms, and similar documents for alternative investment transactions.
- Demonstrated experience with matter management software, maintaining logs, spreadsheets and calendaring deadlines.
- Demonstrated experience filling out country registrations and powers of attorney for custodian and sub custodian accounts.
- Demonstrated experience processing and reviewing invoices for legal services.
- Demonstrated experience utilizing WESTLAW, LEXIS and other on-line research resources.
- Demonstrated experience using Microsoft Office Suite, including Word, Excel, Outlook, Teams and SharePoint.
- Demonstrated experience working with Adobe to format, edit and manipulate pdfs.
- Demonstrated experience working with matter and document management software.
To receive credit for the above desirable qualifications, your application must clearly describe your experience.
Knowledge of: Legal issues related to investment and transactional matters; correct English usage, grammar, spelling, punctuation and vocabulary; interpersonal skills using tact, patience, and courtesy; customer services skills; principles and applications of Adobe and the Microsoft Office Applications including Word, Outlook, Teams, SharePoint and Excel as well as legal research tools such as Lexis and Westlaw.
Ability to: Communicate clearly and effectively, orally and in writing and maintain effective relationships with public and staff; pay attention to detail; understand and follow oral and written directions; provide leadership; work with minimum supervision; and plan and organize their work and the work of others effectively; work under pressure to meet deadlines and other time constraints; establish and maintain effective working relationships with other staff internally and externally; organizational skills, including maintaining logs and spreadsheets. Ability to work with matter management software, participate in the implementation and roll out of such software and manage team projects and analytics.
Examination Content: This selection process will consist of:
- Part I: A qualifying evaluation of application information and the desirable qualifications.
- Only the highest qualified applicants, as determined under Part I, will be invited to continue in the selection process under Part II.
- Part II: An Appraisal (Oral) Interview weighted 100%.
- The appraisal (oral) interview will assess the applicant's knowledge, experience, and general ability to perform the essential functions of the position.
- Those candidates which are determined eligible for hire under the Los Angeles County's Civil Services Rules may be invited to the selection process which may be comprised of a selection interview to determine the candidate's fit for the position and/or job-related assessments.
- Applicants Must Meet the
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