Associate General Counsel, Regulatory Affairs (Remote or Onsite)
NextCapital, United States
Job Description
ABOUT US
NextCapital is the leader in enterprise digital advice. NextCapital partners with world-class institutions to deliver personalized planning and managed accounts to individual investors, whether they’re saving for retirement in a 401(k) or IRA or investing in a taxable brokerage account. Our open-architecture digital advice solution provides better outcomes for our partners and individual investors by offering integrated account aggregation, analytics, planning and portfolio management, and customizable advice methodology and fiduciary roles.
JOIN OUR TEAM
Our people are core to who we are. As we grow and scale, we’re looking for someone who will have overall accountability for aligning our compliance operations to our overall business strategy. The ideal candidate is a do-er and taskmaster with a creative and innovative mindset, who possesses experience performing compliance related functions for an SEC registered Investment Adviser. Learn more about NextCapital at www.themuse.com/companies/nextcapital
WHAT YOU’LL DO
- Work closely with senior management and internal clients/colleagues to facilitate work and accomplish objectives in a collaborative effort.
- Review, advise upon, and negotiate contracts that pertain to the provision of investment services in an SEC Retail context (e.g., the management of Individual Retirement Accounts) and the 401k defined contribution space.
- Maintain a thorough and up-to-date understanding of regulations (e.g. SEC, ERISA, FINRA, State) governing NextCapital’s business through ongoing education and involvement with industry groups.
- Monitor regulatory changes.
- Research issues and questions as necessary to provide reliable advice and direction to senior management and staff on legal and regulatory issues regarding the provision of investment management and investment advice services (in a 401k and Individual Retirement Account context) in a B-to-B-to-C context
***At this time, NextCapital does not offer visa sponsorship for this role***
Requirements
WHO WE’RE LOOKING FOR
- You have a law degree
- You have 2-5 years of in-house or outside experience, and you’re intrigued to obtain exposure to a fast growing B-to-B-to-C FinTech company operating on the bleeding edge of robo-advice in the SEC Retail and DOL/ERISA defined contribution space.
- You have the keen ability to quickly learn about -- or you already have experience and comfort with -- reviewing, advising upon, and negotiating contracts that pertain to the provision of investment services in an SEC Retail context (e.g., the management of Individual Retirement Accounts) and the 401k defined contribution space.
- You have knowledge of the SEC disclosures and securities law, especially the Investment Advisers Act of 1940 and the Investment Company Act of 1940.
- You have the ability to utilize existing knowledge or quickly acquire knowledge of ERISA/DOL and/or FINRA rules.
- You demonstrate the ability to maintain confidentiality of sensitive information
- You have the ability to identify and analyze complex regulatory issues and their effect on the firm’s business.
- You demonstrate ability to work effectively with a wide variety of individuals throughout an organization, including senior management and investment professionals.
- You are intuitive, energetic, and self-motivated with a high bias for action.
- You have excellent writing and research skills
- You have excellent organizational skills
- You have adequate computer skills including MS Office, Outlook and Excel
Benefits
WHY YOU’LL LOVE IT
- Disrupt the financial advice industry by bringing affordable, easy to use financial tools to millions of people
- Have a direct impact on the growth and scale of the company
- Enjoy a laid back work environment amp; learn from FinTech’s best amp; brightest
- Receive great benefits like stock options, 401(k) match, and top notch health benefits
- As the COVID-19 pandemic cools down, participate in company-sponsored cornhole leagues, Thursday After Hours (cards, video games, treats), company outings, wine tastings, fantasy sports leagues, hackathons and other fun events
- Relax with monthly, company wide, guided meditation sessions
- Participate in women in tech events and service days at local organizations
- Enjoy Summer Hours whereby our firm is ‘closed’ every Friday afternoon from April 23, 2021 through Labor Day
- Enjoy the flexibility of working fully remote, partially remote, fully physical, or a mashup of each. And whatever you choose, enjoy a newly built-out office on Michigan A