Legal Counsel - ERISA & Securities (Remote)

When you ask people what gives them peace of mind to live their best life, having a sense of financial security is usually at the top of the list. Our financial services include employer-based benefits like retirement planning so employers can help their people plan for a comfortable life after they stop working. We also provide personalized financial planning and investment services to help families succeed in every stage of life.

Our Newest Opportunity: 

Summary:

OneDigital is currently seeking an attorney to support its Chief Compliance Officer (“CCO”) in handling legal matters and responding to legal inquiries for a rapidly growing registered investment advisory firm and its related financial services entities. Candidates must have experience with the Investment Advisers Act of 1940 (“Advisers Act”), the Employee Retirement Income Security Act of 1974 (“ERISA”) and state and federal privacy regulations with preference given to Candidates who also have prior experience with the U.S. Securities Exchange Act of 1934, FINRA regulations, the USA PATRIOT Act of 2001 (“Patriot Act”) and/or state insurance regulations. The ideal candidate will be able to manage day-to-day legal activities with limited supervision and have excellent organizational skills, high attention to detail, the ability to prioritize multiple deadlines, and excellent written and oral communication skills.

Essential Duties and Responsibilities (includes but is not limited to):

• Create and maintain template client agreements for fiduciary and non-fiduciary services offered by the Registered Investment Adviser (RIA) and/or related financial services entities.

• Provide legal support on a variety of matters as needed, including, but not limited to, contract review and negotiation, complaint investigation, privacy and data sharing, intellectual property, brand marketing, and mergers and acquisitions.

• Support litigation and dispute resolution processes, working closely with the CCO, Corporate Counsel and/or Outside Counsel.

• Provide prompt, clear and concise legal counsel to the CCO, Senior Leadership, Corporate Counsel and applicable practice line leaders.

• Identify and mitigate legal risks affecting the RIA and/or related financial services entities, providing strategic advice to the CCO and other members of Senior Leadership.

• Assist Corporate Counsel, as necessary, with corporate governance matters and business registration and licensing.

• Assist the CCO and/or Deputy Chief Compliance Officer in responding to requests for information from internal and external sources.

• Prepare applications for insurance for the RIA and/or related financial services entities, including, but not limited to, errors and omissions insurance (E&O) and fidelity bond(s), and be responsible for managing and coordinating the process from start to finish.

• Stay current on relevant regulations, legal developments and industry best practices affecting registered investment advisers, registered broker-dealers, and retirement plan service providers and provide regular updates, guidance and/or legal training to the Compliance Department, Senior Leadership and relevant practice groups.

• Collaborate with the Compliance Department, Corporate Counsel and/or Senior Leadership to innovate processes that improve efficiency or bring economies of scale to the RIA and/or related financial services entities.

• Perform other assignments and/or duties as may be assigned by the CCO or Deputy Chief Compliance Officer (e.g., ad hoc special projects).

Qualifications, Skills and Requirements:

• Strong understanding of the Investment Advisers Act of 1940, the Employee Retirement Income Security Act of 1974 (ERISA), and the Gramm-Leach-Bliley Act (GLBA / Regulation S-P).

• Ability to quickly gain an understanding of existing contractual relationships; service offerings and business lines; corporate vision, goals and objectives; and legal/corporate non-negotiables and effectively incorporate such into Incumbent’s duties and responsibilities.

• Ability to effectively draft, negotiate and interpret contracts.

• Ability to provide legal counsel, devise legal solutions, and/or draft and negotiate agreements that further corporate vision, goals and/or objectives and reduce the risk of financial liability/loss and/or negative publicity.

• Ability to perform comprehensive legal research and effectively analyze the legal implications of various business options based on such research.

• Ability to interpret the impact of new laws on the operations of and/or services offered by the RIA and/or related financial services entities.

• Ability to clearly and concisely articul