Investment Funds & Securities Counsel - Margin Lending / Prime Brokerage
About The Position
Axiom is transforming the legal services landscape by delivering innovative solutions ranging from individual secondees to fully integrated project teams that combine top-tier talent with cutting-edge technology. Join our innovative talent community and help drive impactful legal solutions to complex problems in various industries. We are seeking an Investment Funds & Securities Lawyer to join our growing team and support client engagements in asset management, financial services, and investment advisory sectors. This role is ideal for a junior to mid-level legal professional with experience advising on mutual funds, ETFs, private funds, and securities transactions, as well as margin lending and prime brokerage arrangements. The successful candidate will provide comprehensive legal support for registered funds and investment products, including guidance on new Margin Lending rules, trading agreements, and regulatory compliance.
Requirements
- JD or equivalent with active bar membership in good standing.
- 4–15 years of experience advising on ETFs, mutual funds, private funds, or investment products.
- Documented experience with new Margin Lending rules.
- Experience with trading agreements, underwriting, and 33/34 Act compliance.
- Familiarity with prime brokerage agreements, including fixed income and synthetic prime arrangements.
- Strong drafting, communication, and independent working skills.
Nice To Haves
- Experience with major fund sponsors such as Vanguard, Fidelity, or MassMutual.
- Prior in-house or law firm experience supporting registered or open-ended funds.
- Knowledge of the SEC’s 2021 Marketing Rule and other regulatory guidance impacting funds.
- Background in private equity, venture capital fund structuring, or institutional asset management.
- Ability to manage complex fund workflows and contribute to product development and securities trading strategy.
Responsibilities
- Advise on the formation, operation, and ongoing compliance of registered investment funds, including ETFs and mutual funds.
- Provide legal counsel on securities trading agreements, including swaps, options, futures, and equity/debt transactions.
- Support prime brokerage arrangements, including fixed income and synthetic prime agreements, with familiarity in FINRA 4210, Regulation T, and Regulation U.
- Counsel on Margin Lending compliance, including application and integration of updated margin rules.
- Interpret and apply SEC regulations, including the Investment Company Act of 1940 and related federal securities laws.
- Draft, review, and negotiate fund governance materials, offering documents, shareholder communications, and advisory agreements.
- Collaborate with in-house counsel, compliance teams, and investment professionals to ensure alignment across fund products and securities transactions.
- Monitor developments in asset management, trading, and margin regulations and provide proactive legal guidance.
Benefits
- This role offers a range of competitive compensation starting at $147,000, and a highly competitive benefits package in the alternative legal services marketplace that includes health benefits, 401k, and more.
- Axiomites also get access to professional development tools and resources and learning and development programs.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
1,001-5,000 employees
