AVP, Sr. Legal Counsel - 1940 Act
The Role at a Glance
In this position you will provide leadership, direction, and subject matter expertise on complex projects and initiatives with respect to Lincoln’s funds and advisory businesses. You will serve as a subject matter expert and provide highly specialized legal counsel to Senior Management for Lincoln’s SEC-registered investment adviser that is responsible for providing investment management services to proprietary funds and separate accounts. You will also provide legal support, legal project management and guidance regarding the proprietary funds, including advice regarding fund operations and fund board matters. Familiarity with the Investment Company Act of 1940 (1940 Act), the Investment Advisers Act of 1940, the Securities Act of 1933, and related regulations and SEC positions is required.
What you'll be doing
Leading the negotiations of service agreements, advisory agreements, consulting agreements, confidentiality agreements, vendor contracts for services supporting the advisor and the mutual fund complex.
Drafting, negotiating, and interpreting participation agreements, shareholder servicing agreements and distribution-related contracts, including those with broker-dealers, retirement plan administrators and other intermediaries.
Drafting, negotiating and interpreting exemptive orders and no-action letters; and futures agreements, trading services agreements and other agreements related to portfolio securities and trading matters.
Collaborating with peers and leadership across the Business Units and Departments to champion and drive change management and process improvements.
Providing legal advice on the ongoing operation of Lincoln Financial Group’s proprietary mutual funds and the advisory and administrative services LFG affiliates provide to the funds.
Providing legal advice on fund registration statements, annual and other regulatory reports, filings and certifications.
Providing legal advice on fund board matters and materials, including procedural and other requirements for board meetings and adviser board meeting materials.
Counseling business leaders and clients as necessary on fund and adviser policies and procedures and provides other legal support on fund and adviser compliance matters.
Providing legal advice regarding strategic initiatives of Funds Management and related business lines/products; and regarding new fund development and compliance.
Advising fund complex and adviser or on new laws, changes/developments in the laws and other industry developments (legislative, regulatory, case law) and assist Funds Management Legal and Compliance group, and Lincoln, with key regulatory compliance.
Assisting in all regulatory examinations of fund complex and adviser and providing related support for other Lincoln regulatory examinations.
Directing outside counsel on various legal matters as appropriate.
What we’re looking for
4 Year/Bachelor's degree (Minimum Required)
Graduate degree in J.D. from an American Bar Association approved school and a member of a state Bar in good standing is required. (Minimum Required)
10+ Years business law experience with 6+ years of experience counseling investment companies and SEC-registered investment advisers. (Required)
What’s it like to work here?
At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.
What’s in it for you:
Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes
Leadership development and virtual training opportunities
PTO/parental leave
Free financial counseling, health coaching and employee assistance program
Tuition assistance program
Work arrangements that work for you
Effective productivity/technology tools and training
About The Company
Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services.
Additional Information
This position may be subject to Lincoln’s Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln’s current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.