Head of Regulatory

Thornburg Investment Management • Cuyamungue, NM

3m

About The Position

Serve as Company’s senior authority on regulatory matters, navigating the complexity of managing regulated investment products across multiple jurisdictions while providing strategic and practical regulatory and legal advice across the Company’s asset management business. Partner with other members of the legal team on supporting new products.

Requirements

• Juris Doctorate or Master of Laws degree from accredited law school.
• Membership in good standing in at least one state bar.
• Minimum of 10 years of regulatory legal experience, ideally at an asset management. firm, broker-dealer, or regulatory agency.
• Demonstrated expertise of the Investment Company Act of 1940, the Investment Advisers Act of 1940, with experience applying both to complex investment structures and products.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and collaborate with legal, investment, product and operations teams.
• Demonstrated experience with regulatory agencies.
• Sound judgment and strategic thinking with a keen attention to detail.
• Willingness to address a range of tasks with dedication, focus, humility and optimism.
• Commitment to ongoing professional development, including participation in industry conferences and training.
• Strong communication skills with stakeholders at all levels.
• Strong analytical and problem-solving skills with the ability to assess complex legal issues and develop practical solutions.
• Strong leadership and collaborative qualities and a proactive, solutions-oriented approach.

Nice To Haves

• Experience with EU/UK regulatory frameworks (e.g., UCITS, MiFID II, AIFMD) preferred.
• Experience managing regulatory change and leveraging technology for compliance (e.g., data governance, recordkeeping systems) preferred.

Responsibilities

• Provide strategic regulatory leadership spanning US investment product regulations.
• Provide legal and regulatory guidance on mutual funds, ETFs, interval funds and other registered products.
• Advise and assist with annual updates to the firm’s disclosure documents.
• Manage and oversee conflicts across the firm, create conflicts matrix and assist the Legal and Compliance teams with questions regarding conflicts of interest.
• Serve as primary liaison with compliance team on registered investment companies, registered funds and other products.
• Provide legal advice regarding regulations impacting regulated products including but not limited to mutual funds, closed end funds, ETFs, interval funds, etc.
• Review all advisor reporting for mutual funds, closed end fund and ETF fund board and committee meetings and act as lead legal contact.
• Responsible for review of revenue-sharing, distribution and sales agreements for registered investment products.
• Work with the head of product and other members of the legal team with respect to new product initiatives.
• Cross functional collaboration with investment, legal and operations teams.
• Perform other job duties assigned as necessary.

Benefits

• Medical, dental, and vision coverage.
• Employer 401(k) safe harbor and profit-sharing contributions.
• Work/life programs such as flexible work arrangements, flexible paid time off, paid parental leave, employee assistance plan, commuter benefits, student loan repayment program, education reimbursement program
• Community involvement opportunities.
• Onsite cafeteria.
• Onsite fitness center.
• Referral Program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 251-500 employees