Associate (3 - 6 years)

Job Summary

The Asset Management Group of the Corporate Department is seeking an experienced Registered Funds Associate, preferably with 3-6 years of legal experience.

Duties/Responsibilities

As a Registered Funds Attorney, you will be responsible for providing legal advice and guidance to our clients on the full range of matters related to registered investment companies, including mutual funds, exchange-traded funds (ETFs), listed closed-end funds, interval funds, tender offer funds, and business development companies, and their trustees/directors. You will also be responsible for advising investment advisers on all their business and regulatory matters. You will work closely with clients, internal teams, and regulatory authorities to ensure compliance with applicable laws and regulations.

Responsibilities will include:

• Providing legal counsel and guidance to clients on matters related to registered investment companies and their advisers and boards. This includes fund formation, registration, and ongoing compliance;
• Advice regarding product development, including novel product designs;
• Reviewing and drafting legal documents, including prospectuses, statements of additional information, and shareholder reports;
• Conducting legal research and analysis on novel issues, including review of relevant laws, regulations, and industry trends;
• Advising clients on compliance with securities laws, including the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Securities Act of 1933, and the Securities Exchange Act of 1934;
• Representing clients in interactions with regulatory authorities, such as the Securities and Exchange Commission (SEC) and state securities regulators;
• Collaborating with clients, including lawyers, portfolio managers, product development, and compliance officers, to ensure legal compliance and address any legal issues that may arise;
• Providing subject matter expertise in related practices, such as mergers and acquisitions in the financial services industry; and
• Providing training and guidance to junior attorneys and legal staff.

Required Skills/Abilities

Qualified candidates must have a minimum of 3 to 6 years of legal experience practicing as a Registered Funds Attorney. A J.D. degree from an accredited law school and admission to the bar in the relevant jurisdiction to which you are applying are required.

Candidates must possess strong knowledge of securities laws and regulations, particularly those related to registered investment companies and registered investment advisers. The ability to communicate complex legal concepts effectively to clients and internal stakeholders is essential. Candidates should also demonstrate excellent analytical, research, and problem-solving skills, as well as the ability to build and maintain relationships with clients and colleagues. Flexibility to work both independently and as part of a global team is important.

Additionally, proficiency in the responsible and ethical use of artificial intelligence technologies will be preferred, including the ability to identify appropriate use cases, protect confidentiality, verify outputs, and apply independent legal judgment.

Note: This job description is intended to convey information essential to understanding the scope of the Registered Funds Attorney position and is not an exhaustive list of responsibilities, skills, qualifications, or other requirements.

Compensation

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How to Apply

Qualified candidates should submit a cover letter, resume, and law school transcript.

Equal Opportunity Statement

Ropes & Gray is committed to a policy of equal employment opportunity in all its employment practices and does not discriminate against any individual working at the firm, employee or applicant for employment, on grounds of race, creed, color, religion, sex, gender, pregnancy or pregnancy-related condition, sexual orientation, gender identity or expression, genetic information, citizenship status, domestic violence victim status, work authorization status, national origin, ancestry, age, medical condition, physical or mental disability, prior arrest or conviction record, familial status, marital status, military or veteran status, retaliation, or any other factor prohibited by applicable law.

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