Senior Legal Counsel

About the role

The application window for this role closes on August 31, 2026. This position is located in Chicago, IL, Berwyn, PA, Raleigh, NC, or Boston, MA. Envestnet is a WealthTech company that is redefining the future of wealth management through its comprehensive technology, actionable insights, and industry-leading support. Founded over 25 years ago, Envestnet is trusted by over one-third of financial advisors across leading banks, wealth managers, brokerages, and RIAs. For more information about Envestnet and its mission, visit www.envestnet.com.

Responsibilities

• Lead complex transactions and related project management
• Identify advantageous regulatory structures
• Partner with stakeholders across the organization
• Support registered investment adviser (RIA) legal and regulatory matters, including policies and procedures, filings, examinations, and ongoing compliance guidance
• Advise on alternative investment funds and related securities-law compliance
• Advise on broker-dealer regulatory matters and guidance on FINRA and SEC requirements
• Draft, negotiate, and review financial technology services agreements and complex commercial transactions
• Advise on emerging financial technology matters, including artificial intelligence (AI), data analytics, and privacy
• Leverage expert knowledge of financial services regulations, privacy, and data security
• Partner with HR and business leaders on employment-related legal issues, including onboarding/offboarding, workplace investigations support, and general employment compliance
• Ensure that contract terms and conditions align with the company’s interests and legal and regulatory requirements
• Serve as liaison between Legal group and business units, facilitating communication and resolution of legal issues
• Advise on and help maintain company policies and procedures (including compliance-related policies) and support training and awareness initiatives
• Provide legal support in corporate structuring and mergers and acquisitions
• Understand and support Envestnet's established corporate business practices, policies, internal controls, and procedures designed to create value or minimize risk
• Adhere to and apply Envestnet legal, compliance, risk, business continuity, and administrative policies within the role and department(s)

Requirements

• Juris Doctor from an ABA accredited law school
• Member in good standing of a state bar
• Excellent drafting, analytical, and project management skills
• Proven ability to understand business needs and requirements
• Effective engagement and communication with all levels of the organization, including senior executive levels

Qualifications

• 9+ years of legal experience drafting and negotiating Fintech SaaS agreements, with a focus on registered investment advisers (RIAs) and broker-dealers
• Experience advising on alternative investment funds (including private funds); registered investment adviser (RIA) regulatory matters; and broker-dealer regulation
• Experience advising on emerging technology issues, including artificial intelligence (AI), data analytics, and privacy
• Mature judgment, critical thinking, and decision-making skills
• Excellent organizational skills with the ability to multi-task

Skills

• Fluency in fundamental AI concepts, terminology, and capabilities (e.g., how AI systems learn from data and generate predictions)

Benefits

Envestnet offers a comprehensive suite of benefits, including medical insurance, paid time off (PTO), 401(k) company match, paid parental leave, education reimbursement, disability coverage, and mental health & wellness support.

Pay

The base salary range for this role is $192,000 to $240,000. The actual salary will be determined based on relevant experience, skills, education, certifications, and geographic location, in accordance with applicable pay transparency laws.

Schedule

This role is eligible for an additional incentive component as part of the total rewards package.

Application Instructions

To apply for this position, please visit our careers page at [insert link]. Please include your full name, the title of the role you are applying for, and any necessary accommodation for the recruiting process if you have a disability.

Equal Opportunity Employer

Envestnet is an Equal Opportunity Employer and is committed to creating an inclusive environment for all employees and applicants. We welcome and value individuals of all backgrounds and do not discriminate based on race, color, religion, creed, sex (including pregnancy or related medical conditions), gender identity or expression, sexual orientation, national origin, ancestry, age, disability, genetic information, military or veteran status, citizenship status, or any other status protected by applicable law.

Recruitment Fraud Awareness

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