Senior Counsel – Investment Solutions

Why Great Gray? At Great Gray Group, we strive to set the bar for the retirement services industry. Our goal is to deliver advanced retirement solutions that combine our core fiduciary services with robust investment options, innovative technology, and dedicated client service. We focus on making choices clearer, transitions smoother, and the client experience more delightful. Complacency isn't in our vocabulary. Every day, we look for opportunities to better serve our clients, be an excellent business partner, and earn the trust of those who rely on us. 
The Role Great Gray is looking to add a Senior Counsel – Investment Solutions to the Legal team. This attorney’s primary responsibility will be to advise and support our trust and administrative services businesses, at all levels of the organization, in a rapidly evolving, high-growth environment.  The Senior Counsel will advise representatives of other functions on legal matters affecting Great Gray and partner with them to support Great Gray’s current and new business activities. The Senior Counsel will also help develop and execute plans, policies, and procedures for Great Gray’s Legal team and may represent the Legal team on various internal working groups and committees.   In addition, the Senior Counsel will (i) negotiate and prepare agreements with participating plans and subadvisors to Great Gray CITs, (ii) oversee the creation of new funds and draft related documents, including for innovative products such as CIT funds with private market exposure and lifetime income features, (iii) design and execute legal strategies for high-priority business projects, including large conversions of CIT assets from other trust companies and M&A activities, (iv) support Great Gray’s retirement policy and advocacy efforts, (v) partner with our Marketing team in preparing thought leadership and reviewing marketing collateral, (vi) oversee legal content on the RPAG platform, and (vii) serve as in-house benefits counsel for Great Gray Group’s own employee benefit plans.   The ideal candidate will have a mix of law firm and in-house legal experience, business acumen, a commitment to operational excellence, and strong technical, analytical and communication skills combined with the confidence and emotional intelligence needed to advance Great Gray priorities. In summary, we seek an experienced, strong, collaborative attorney, with integrity, who can work effectively across Great Gray.  It is likely that the right candidate is currently with a financial services company or leading law firm.  

Location

This position may work from any of the office locations listed below. For office based employees, Great Gray currently supports a hybrid work model with 4 days onsite, and 1 day remote. 

• Boston, MA
• Wilmington, DE
• Las Vegas, NV

While we strongly prefer an in-office candidate, we would also consider highly qualified candidates for remote work in certain jurisdictions (Washington, DC, Miami, FL, Charlotte, NC, or the New York metro region).   Visa sponsorship or transfer of an existing visa is not available for this position. Applicants must be authorized to work directly for any employer in the United States without visa sponsorship or transfer.

Responsibilities

• Advise and support the trust and administrative services business, counsel various internal working groups and committees and employees at all levels of Great Gray.
• Support for our trust business will focus primarily on CIT matters such as eligibility and investment questions, applications for IRS determination letters of tax-exempt status, securities and commodities law exemptions, as well as negotiating and drafting agreements with subadvisors, insurance companies, trading platforms, custodians, recordkeepers and other administrative service providers.
• Oversee, draft, and negotiate fund formation documents, including funds with innovative strategies (e.g., private market exposure, lifetime income)
• Establish and execute legal strategies for high-priority business projects, conversion of CIT assets from other trust companies, and M&A activities.
• Support for our administrative services business will focus primarily on CITs trusteed by other banks and other collective investment products.
• Support Great Gray retirement policy and advocacy aligned with the overarching goal of putting more money in Americans’ retirement accounts.
• Partner with Marketing team on campaigns educating the retirement marketplace about CITs and advancing Great Gray’s retirement policy thought leadership.
• Oversee, draft, and revise content used by subscribers to the RPAG platform to advise retirement plans.
• Serve as legal