Investment Management Attorney

ClearBridge Investments is a leading global equity manager with over $189 billion in assets under management.  The firm is committed to delivering long-term results through active management. We have followed this approach for more than 60 years and continue to offer investment solutions that emphasize differentiated stock selection to move our clients forward. Our investment decisions are supported by a robust research platform that conducts in-depth fundamental analysis of individual securities.
 

Owned by Franklin Templeton, ClearBridge operates with investment independence from headquarters in New York and offices in Baltimore, Calgary, Fort Lauderdale, London, San Mateo and Sydney.   ClearBridge Investments has been named by Pensions & Investments Magazine (P&I) as one of the Best Places to Work in Money Management for the thirteenth year in a row. These awards reflect the Firm's diverse and inclusive culture, spirit of collaboration, work/life balance and our ongoing investment in our employees.

At ClearBridge, we believe that diversity and inclusion is essential to our success as an organization.  We benefit from the sharing of different perspectives and our varied experiences. ClearBridge is proud to be a diverse company that promotes integrity, respect and teamwork and encourages new ideas and viewpoints. Our commitment to diversity and inclusion is demonstrated through our various recruitment efforts, employee programs, charitable and volunteer efforts.

Job Summary:

ClearBridge is seeking an Investment Management Attorney to join its New York-based Legal and Compliance team.  The Investment Management Attorney will be providing legal advice and guidance on various institutional and retail investment advisory matters and may engage in a variety of functions, including negotiating investment advisory and sub-advisory agreements and amendments; negotiating agreements with program sponsors for the firm’s retail separately managed accounts business; drafting and reviewing documents and disclosures related to registered and unregistered funds (U.S. and non-U.S.) and sub-advised funds; supporting legal filings such as Form ADV; reviewing and negotiating vendor agreements; and providing legal support and guidance on general corporate and governance matters and firmwide strategic initiatives.   

Primary Responsibilities and Duties: 
• Regulatory Research and Guidance - Research and provide well-reasoned, concise counsel on legal and regulatory matters and risks associated with current, proposed or anticipated business and operational activities, balancing business/operational-oriented goals with legal risk. May also entail researching and providing guidance on legal, regulatory and contractual matters relating to non-U.S. client opportunities and distribution efforts (including researching of foreign regulatory requirements and exemptions relating to sale of the firm’s products and services in non-U.S. markets). 
• Contract Negotiating and Drafting - Handle all aspects of contract negotiations and drafting with both internal and external counterparties and clients.  The types of contract work may include: 

• Investment management agreements for institutional separate accounts.
• Wrap fee program sponsor and platform agreements (discretionary and non-discretionary model delivery arrangements) relating to the firm’s retail SMA business 
• Retail SMA agreements with end clients in dual-contract wrap fee arrangements.
• Sub-advisory agreements for 40 Act mutual funds and non-US funds and CITs.
• Vendor/service provider agreements. 
• Non-disclosure/confidentiality agreements
• ISDA agreements and Dodd-Frank, EMIR and the NFA/CFTC required documentation.

• Disclosure Documentation – Review, draft or update, as appropriate, the following regulatory disclosures and offering documentation:

• Form ADV Part 1, Part 2A Disclosure Brochure, Part 2B Brochure Supplements and Part 3 (Form CRS).
• U.S. Mutual Fund Prospectuses and SAIs.
• Non-US fund prospectuses or offering documents.
• Private Offering Memoranda, limited partnership agreements and subscription documents relating to private fund offerings.
• Investment Policy Statements (IPS), Fund Declarations and Participation Agreements for Collective Investment Funds (CIFs).
• ERISA Form 5500 and Section 408(b)(2) service provider disclosures
• Privacy Policy Notices.

 • Policies and Procedures – Assist and advise the firm’s Compliance Group in updating, drafting, and interpretation of the firm’s policies and procedures adopted pursuant to the requirements of the Investment Advisers Act of 1940, and any other applicable statutes, rules and regulations, such as, for example, the Investment Company Act o