Retail Brokerage Associate General Counsel

Role is responsible for providing legal and regulatory advice to retail broker-dealer and investment adviser affiliates related to the regulation of securities products and investment advisory services to business constituents. The role may also be asked to provide legal advice to an affiliated insurance agency.

Essential Duties and Responsibilities:
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Provide legal and regulatory advice relating to all ongoing activities of An American Bank Holding Company affiliated retail broker-dealer, registered investment adviser and insurance agency.
2. Provide counsel to the line of business, compliance and regulatory reporting functions in the drafting of disclosures, and providing responses to regulatory inquiries
3. Take responsibility for and manage the resolution of complex legal issues where analysis requires identification and evaluation of multiple factors
4. Coordinate with management and other members of the legal and compliance departments to support resolution of complaints, arbitrations, litigation and other legal matters.
5. Conducting and/or coordinating legal research with regard to retail broker-dealer, registered investment adviser and insurance laws, rules and regulations (SEC, FINRA, and state law) rules regarding suitability, best interest, supervision, books and records issues, client transaction requirements, and other topics relevant to supporting the business needs of a nationwide retail broker-dealer, registered investment adviser and insurance agency.
6. Interface on a continuous basis, with colleagues in legal, compliance, supervision, finance, risk, and other control teams to maximize efficiencies, develop cross-business best practices and facilitate resolution of issues
7. Coordinate with applicable stakeholders to provide legal analysis and advice with respect to new and existing laws, the development/enhancement of processes and procedures, the drafting of disclosures, and regulatory examinations, audits, and inquiries
8. Provide counsel with respect to applicable state laws and regulations, including securities and insurance licensing requirements
9. Provide counsel with respect to compliance with Regulation Best Interest, Form CRS, FORM ADV requirements and the SEC RIA Marketing Rule
10. Fully support the separate Broker Dealer, RIA and Insurance Agency corporate secretarial functions, including drafting of agenda, resolutions and review of minutes.
11. Educate business partners and work cross-functionally with compliance, supervision, risk and business partners to facilitate compliance with all applicable laws, rules and regulations
12. Review and draft agreements, memoranda, disclosures, policies and procedures and other documentation relating to the sale and offering of securities and insurance products and RIA channel investment advice
13. Review and provide advice on communications to sales force, customers, and distribution partners relating to regulatory, operational, financial, and administrative aspects of the business
14. Partner with senior business management and operations personnel apprised of pertinent legal and regulatory developments
15. Participate in and lead departmental and cross-functional working groups in identified areas of legal expertise or development

Qualifications:
Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Juris Doctorate degree from an ABA accredited law school and licensed to practice law in good standing
• 8 years of post-bar experience in a law firm, government, and/or corporate settings.
• Possess superior written and verbal communication skills
• Ability to prioritize matters, utilize time management skills, and move between matters fluidly
• Ability to handle a heavy workload, manage stress effectively and meet critical deadlines
• Able to work autonomously without close supervision
• Team-oriented mentality and excellent interpersonal skills
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Preferred Qualifications:

1. Significant experience at a sophisticated law firm or in-house counsel with securities regulatory legal experience
2. Demonstrated knowledge of state and federal securities laws and regulations, including FINRA Rules and Securities and Exchange Act of 1940
3. Prior experience involving state insurance and other laws and regulations applicable to insurance/annuities, including familiarity with NAIC Models