PositionMIO's Legal team seeks an Assistant General Counsel to assist with the negotiation and management of trading relationships, including documentation such as prime brokerage, ISDA, FCM, GMRA, and MRA agreements used byMIO's separate account platform, and banking and financial relationships across MIO's business lines. The Assistant General Counsel will report to MIO's Deputy General Counsel.Primary responsibilities
- Maintain familiarity with regulation of private funds in the US and EU, including Dodd-Frank, EMIR/MIFID, and SEC and CFTC regulations
- Learn and implement MIO's negotiation priorities and model terms for trading and financial relationships
- Delegate to and liaise with external counsel to
- review drafts from counterparties based on internal precedents, MIO model terms, and/or industry form documentation
- prepare issue lists for internal stakeholders
- provide feedback and comments to counterparties
- Track the status of negotiations
- Manage and maintain the documentation associated with the onboarding of new sub-advisers to existing trading relationships
- Review responses to KYC/AML requests prepared by paralegals or external counselDesired background
- At least three years of experience at a law firm, dealer, or buy-side institution reviewing and drafting documentation for prime brokerage, over-the-counter and cleared derivatives, listed futures and options, and securities lending and repurchase transactions
- Basic knowledge and understanding of legal entity types and regulatory requirements in the private fund and pension fund asset management industry, including SEC & CFTC regulation, Dodd-Frank Act, EMIR, MIFID, and ERISA
- Familiarity with ISDA protocols
- Proficient in software applications used to draft and review contracts, including Microsoft Word and its track changes and compare tools and other redlining/comparison software
- Ownership mentality to see matters through to completion or resolution
- High level of attention to detail and a dedication to producing error-free work
- Excellent verbal and written communication skillsSalary and BenefitsA reasonable estimate of the salary range for this role in the United States is $175,000-$175,000. Actual salaries may vary based on various factors, including an individual's assigned office location, experience, and expertise. Certain roles are also eligible for bonuses, subject to MIO's discretion and based on factors such as individual and/or organizational performance. MIO offers a comprehensive benefits package, including medical, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement program, financial guidance, and paid time off.MIO is an equal opportunity employer. All applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. #J-18808-Ljbffr