Regulatory Counsel

Securities and Exchange Commission•Boston, MA

16h•Onsite

About The Position

The SEC’s Division of Examinations is hiring an Attorney-Advisor (Regulatory Counsel), SK-905-16, for Investment Adviser/Investment Company (IAIC) Examinations in Boston, Massachusetts. The role supports the Division’s nationwide examination program for broker-dealer entities, investment advisers, investment companies, and other SEC registrants. The Division’s risk-focused mission is to protect investors, ensure market integrity, and support responsible capital formation by improving compliance, preventing fraud, monitoring risk, and informing policy. Examination results help the SEC inform rulemaking, identify and monitor risks, improve industry practices, and pursue misconduct. The Regulatory Counsel provides legal advice and assistance to examination staff, develops and presents findings and recommendations, and works with Commission offices and domestic and foreign regulators. The position also interprets and applies federal securities laws and regulations, develops internal training, and represents the Division at briefings, meetings, conferences, and industry events. The selected candidate must possess a J.D. or LL.B. degree and active bar membership in good standing. The minimum qualification includes at least four years of post-J.D. experience in legal issue identification, analysis, recommendations, and document preparation, including at least three years of relevant federal securities law experience. The selectee must report to the listed duty station. Examination staff routinely travel to registered entities’ offices to inspect facilities, meet and interview personnel, and examine business records. Employment is contingent on completion of a pre-employment security investigation; drug testing may apply. A two-year trial period may be required, or one year for preference-eligible veterans, depending on whether the position is the same or similar to the candidate’s current position of record. Relocation expenses are not authorized.

Requirements

U.S. citizenship.
J.D. or LL.B. degree.
Active membership in good standing of the bar in a U.S. state, territory, the District of Columbia, or the Commonwealth of Puerto Rico.
At least four years of post-J.D. experience identifying legal issues, providing legal analyses and solutions or recommendations, and preparing legal documents.
At least three years of experience providing legal advice on federal securities laws, rules, regulations, and policies as they relate to financial institutions or registered entities such as investment advisers, investment companies, broker-dealers, transfer agents, exchanges, or clearing agencies.
At least three years of experience researching, preparing, and delivering guidance on legal issues involving interpretation and application of federal securities laws, rules, and regulations.
At least three years of experience drafting and editing memoranda, filings, or other substantive written work product for varied audiences on legal issues involving federal securities laws, rules, and regulations.
Males born after December 31, 1959, must be registered with or exempt from Selective Service.
Must complete a pre-employment security investigation; favorable background-investigation results may be a condition of employment or selection to another position.
May be subject to drug testing requirements.
Must report to the duty station listed in the announcement.
Must serve a two-year trial period, or one year for preference-eligible veterans, if the position is not the same or similar to the current position of record.
Provide proof of bar membership before entry on duty and required education documentation; foreign education used to qualify must be evaluated by a specialized private organization.
Examination staff routinely travel to registered entities’ offices for on-site inspections, interviews, and examination of business records.

Responsibilities

Develop recommendations and reports, present and defend findings, and collaborate with Commission divisions and offices and domestic and foreign securities and financial regulators.
Provide legal advice, leadership, and assistance to examiners, accountants, and attorneys on complex examinations of investment companies, investment advisers, and other SEC registrants.
Interpret and apply federal securities laws, rules, and regulations, including the Securities Act of 1933, Securities Exchange Act of 1934, Investment Advisers Act of 1940, and Investment Company Act of 1940.
Develop and conduct internal training on substantive legal issues, the examination process, and Commission rules, policies, and procedures.
Represent the Division at briefings and meetings with Commission divisions and offices and domestic and foreign securities and financial regulators.
Represent the Division by speaking at internal and external conferences and industry events.