Description:

The Vice President & Associate General Counsel, Regulatory, is responsible for directing and managing the complete life cycle of the adoption of new regulatory requirements, including in the areas of registration and qualification, continuing education, statutory disqualifications, fingerprinting, and disclosures, as well as with respect to novel or complex issues that arise in other identified subject areas. This position is recognized by A Private Corporation and the industry as the leading expert in these areas, with the ability to manage the challenging operational, legal, reputational, and other risks to A Private Corporation that can arise. The incumbent renders independent expert advice in these areas. The incumbent provides expert knowledge to the Board of Governors and senior management, advising them on high-impact, legally and politically complex and sensitive regulatory initiatives and rule changes. The incumbent must have demonstrated ability to perform these functions with minimal or no supervision, as well as consistent demonstration of high level independent judgment with the ability to take responsibility for the exercise of that judgment.

Essential Job Functions:

Advise the Board of Governors and A Private Corporation advisory committees with respect to high-impact, legally and politically complex and sensitive regulatory initiatives and rule changes under consideration by the Board, including in the areas of registration and qualification, continuing education, statutory disqualifications, fingerprinting, and disclosures.
Brief and communicate complex and sensitive regulatory initiatives to senior executives of A Private Corporation.
Serve as the key source of legal expertise within A Private Corporation in identified subject areas and provide independent expert advice on questions in these subject areas.
Prepare and oversee the preparation of Board materials that contain sophisticated analyses and discussions of competing policy or political considerations necessary for the informed judgment of the issues by the Board.
Lead the drafting of new rule proposals; gather and incorporate views of industry participants, other regulators, and senior staff; and prepare rule filings to the SEC.
Working closely with the Office of the Chief Economist, conduct and review economic impact assessments of rulemakings and the retrospective review of rules on behalf of OGC.
Lead the preparation of Regulatory Notices, rule guidance, and other correspondence with member firms and their outside counsel.
Conduct and oversee legal and other research into matters of regulatory policy as necessary to (1) develop rule proposals and to respond to internal and external comments, and (2) respond to interpretive and exceptive requests.
Take a leadership role in identifying and presenting original, creative, innovative, and sophisticated solutions and proposals for changes to existing rules, including the elimination or reduction of unnecessary regulation and the adoption of new rules.
Provide expert-level legal counsel and assistance to projects and initiatives of other departments, supporting them in achieving their goals.
Serve as primary liaison to A Private Corporation committees as assigned.
Lead and coordinate the efforts of other OGC legal staff in the completion of work projects.
Analyze SEC, industry and other self-regulatory organization initiatives, and develop and maintain cooperative working relationships with other regulators.
Be the recognized expert and attend and be a sought-out speaker at regulatory policy public conferences and meetings of A Private Corporation committees on areas of subject matter expertise.
Manage public communication of A Private Corporation proposals and legal interpretations to member firms, members of the bar, the media, and other interested parties.

Other Responsibilities:

Train and mentor other OGC attorneys and assist in supervising and directing regulatory analysts, paralegals and administrative assistants.
Support enforcement of office procedures concerning regulatory proposals and legal interpretive positions; provide and implement suggestions to increase efficiency and effectiveness of procedures.

Education/Experience Requirements:

Law degree, admission to a bar, and a minimum of ten (10) years of relevant legal experience.
Highly developed expertise in a specialized area of knowledge that is both technically complex and central to the overall mission of the organization; and expert knowledge of rules, regulations and guidelines governing the securities industry.
Excellent oral and written communication skills.
Excellent interpersonal skills.