Associate Counsel

Ameriprise•Minneapolis, MN

8d•Hybrid

About The Position

We are seeking an attorney to join our Legal Department to provide broad legal support for the firm’s asset management business, including support of portfolio management, research and trading activities, investment products and related regulatory matters. This role partners closely with trading, product, compliance, and operations teams to provide ongoing support to the front office business. launches and regulatory compliance. The ideal candidate will either be comfortable advising on the regulatory framework applicable to a globally operating asset management business (including SEC and CFTC laws and regulations in the US) or be able and willing to quickly learn and implement that knowledge. This role can sit in either Minneapolis, Boston, New York, or Charlotte.

Requirements

Juris Doctor (JD) and active bar membership.
0–3 years of experience in a law firm or in-house at a financial institution.
Knowledge of trading documentation is desirable however not a must
Understanding of U.S. financial regulation and investor protection frameworks
Knowledge of asset management business
Strong drafting, negotiation and analytical skills.
Strong communication, presentation and stakeholder management skills.
Ability to synthesize complex legal issues into practical advice.
Self-motivated with ability to work independently in a fast-paced environment.
Ability to manage multiple priorities and work collaboratively across teams.

Nice To Haves

Prior experience with US fund structures or trading documentation is preferred.

Responsibilities

Advise on U.S. regulatory frameworks including Dodd-Frank, SEC and CFTC rules, Investment Advisers Act, FINRA and state securities laws.
Monitor regulatory developments across derivatives, trading and advisory and assess impact on business practices and documentation.
Provide guidance on cross-border regulatory requirements including EMIR and margin rules where applicable.
Draft, review and negotiate trading and advisory agreements, including ISDA Master Agreements, CSAs, MSFTAs, futures and options documentation, prime brokerage and advisory agreements.
Maintain legal templates, playbooks and negotiation guidelines.
Support fund launches and new product development as needed
Provide legal input on trading strategies, investment products, and client solutions.
Partner with trading, risk, compliance, operations, client management and product teams.
Coordinate with counterparties, regulators and outside counsel.