Registered Fund Attorney - Senior Vice President

iCapital•Greenwich, CT

5d•$240,000 - $280,000•Hybrid

About The Position

iCapital is seeking a Senior Vice President to join its Legal Department’s Registered Funds Legal Team and support the expansion and management of its registered 1940 Act product launch and regulatory program. The role works closely with senior Portfolio Management, Product Development, Legal, Finance, and Regulatory and Compliance team members on legal and regulatory matters involving registered funds and related products, including closed-end tender offer funds, interval funds, exchange-traded funds, collective investment trusts, unit investment trusts, and separately managed accounts. The position involves structuring, launching, distributing, and maintaining funds and other products; negotiating fund and vendor agreements; drafting and reviewing offering materials and other fund documentation; advising on regulatory and product matters; and coordinating with outside counsel. The role also supports corporate governance, compliance reviews, and matters involving ERISA and banking laws. The ideal candidate has experience across the retail investment management business, including drafting and negotiating fund documents and related materials.

Requirements

At least 6 years of fund formation experience in the registered fund or mutual fund space.
Strong knowledge of the 1933 Act, 1934 Act, and 1940 Act, and Forms N-1A and N-2.
Strong knowledge and experience in the development, launch, distribution, and maintenance of TO Funds and Interval Funds, or alternatively UITs or CITs.
Membership in good standing of the New York, Connecticut, or another state or relevant jurisdiction bar.
Demonstrated ability to manage fund launches and complete related documentation in accordance with project plans.
Strong interpersonal and communication skills.
Willingness to learn new topics and work in an evolving business environment.
Organized and detail-oriented, with big-picture capabilities.

Nice To Haves

Law firm or in-house experience at an asset management firm.
Commodity Exchange Act and NFA Rules experience.

Responsibilities

Partner with Product Development, Finance, and Product Maintenance teams to structure, launch, distribute, and maintain TO Funds, Interval Funds, ETFs, CITs, UITs, or SMAs across alternative asset classes.
Negotiate agreements with counterparties, including distributors, service providers, fund managers, BDCs, non-traded REITs, private REITs, and other closed-end funds registered under the 1940 Act.
Draft and review registered fund offering materials, including private placement memoranda and prospectuses, and legal documentation for private funds, UITs, and ETFs.
Assist Regulatory and Compliance with questions concerning substantive provisions of the 1933 Act, 1934 Act, and 1940 Act, including rules governing affiliated transactions, fund-of-fund arrangements, and advisory and distribution contracts.
Advise on the legal implications of offering new and existing products and services.
Coordinate the use of outside legal counsel on regulatory, corporate, and fund investment matters.
Assist with corporate governance matters related to the launch, maintenance, and distribution of registered investment companies, including TO Funds, Interval Funds, ETFs, and UITs.
Assist with issues related to ERISA and banking laws.
Review materials for SEC, CFTC/NFA, or FINRA compliance, as appropriate.
Draft, review, and negotiate fund and related contracts, including advisory, distribution, and trading agreements, as well as other legal documentation related to fund formation.
Perform ad hoc research projects.
Partner with other Legal and Compliance team members on product and regulatory matters.