Senior Counsel-Asset Management

Attorney supporting the asset management business of Columbia Threadneedle Investments, with a focus on supporting our Collective Investment Trusts and the Columbia Funds, a group of approximately 170 mutual funds, ETFs and closed-end funds.

Key Responsibilities

• Assist in the management of day-to-day legal affairs for Columbia Threadneedle Investments.
• Support the CIT business, which includes facilitating and attending Board of Director meetings, preparing meeting materials, supporting product initiatives, assisting in regulatory compliance and preparing offering documents.
• Support the preparation of fund prospectuses and statements of additional information for the Columbia Funds, including drafting new disclosures and working with outside counsel on registration statement matters.
• Supporting the independent Board of Trustees by preparing and reviewing meeting materials, supporting proposals to the Board and attending meetings.
• Assist in the support of the compliance department and business areas on the various rules and regulations applicable to the Columbia Funds and CIT Funds.
• Assist in advising fund administration and accounting on matters relating to the Columbia Funds, including review of shareholder reports and other SEC filings for such funds.
• Assist in providing legal advice to the distributor and transfer agent of the Columbia Funds.
• Assist in the drafting and negotiating agreements for Columbia Threadneedle Investments and the Columbia Funds and CIT Funds.
• Cultivating and promoting relationships with key business partners and fostering and promoting a culture of compliance.
• Monitoring global and regulatory developments in consideration of potential impacts on Columbia Threadneedle Investments, the Columbia Funds Complex, and Columbia CIT Funds.

Required Qualifications

• J.D. 
• 3-8 years’ relevant experience.
• Knowledge and understanding of the Investment Company Act of 1940.
• Demonstrate accuracy, thoroughness, and thoughtfulness in legal analysis and recommendations delivered both verbally and in writing.
• Strong relationship skills with ability to deliver tough messages to both senior managers and employees at all levels in line of business.
• Ability to drive results with minimum supervision and handle day-to-day inquiries independently with judgment as to when to escalate more complex matters.
• Ability to collaborate effectively across the GCO and enterprise, while working respectfully with colleagues and driving results.

Preferred Qualifications

• Knowledge and understanding of the the Investment Advisers Act of 1940 and ERISA (as it applies to CITs).
• Previous experience supporting CITS as well as registered funds – mutual funds, ETFs and closed-end funds.
• Admitted to practice law in the state of Massachusetts, Minnesota, New York, North Carolina or Washington D.C., or eligible for admission as in-house counsel.
• 3-8 years of experience as a practicing attorney (particularly in financial services) is preferable.
• Professional demeanor, with strong relationship skills and ability to deliver tough messages to business partners.
• Ability to work proactively and independently to multi-task and demonstrate a strong sense of urgency.
• Exceptional communications, writing and problem-solving skills.

About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Base Pay Salary

The estimated base salary for this role is $151,500 - $261,300 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

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