Lateral Investment Management Associate

Job Overview:
A prestigious law firm is seeking an experienced Investment Management Associate to join its Corporate and Securities Department in the Chicago office. This role presents an exciting opportunity to work with a wide range of clients in the investment company and asset management sector, focusing on registered funds. The ideal candidate will have a strong background in mutual funds, closed-end funds, and exchange-traded funds, with expertise in 1940 Act fund governance. This position offers an opportunity to handle complex legal matters and engage with clients in a dynamic and fast-paced environment.

Location:

• Chicago, IL

Duties:

• Provide legal advice and counsel regarding open-end funds (mutual funds), closed-end funds, and exchange-traded funds.
• Work on fund governance matters in compliance with the Investment Company Act of 1940.
• Assist with regulatory filings, including those related to mutual funds, ETFs, and closed-end funds.
• Draft, review, and negotiate agreements related to the investment management industry.
• Collaborate with internal teams and clients to address industry-specific legal and regulatory issues.
• Handle multiple projects simultaneously and manage client relationships effectively.
• Conduct legal research and analysis on industry regulations and market issues.
• Provide strategic counsel to clients on matters relating to fund formation, compliance, and governance.

Requirements:

• 2 to 6 years of experience in investment company and asset management law, particularly in the registered fund space.
• Strong experience with the 1940 Act and fund governance matters.
• Ability to handle multiple projects and meet deadlines in a fast-paced environment.
• Demonstrated ability to manage complex legal issues and provide practical solutions.
• Strong interpersonal, communication, analytical, and writing skills.
• Member in good standing of the Illinois Bar or eligible to waive into the Illinois Bar.

Education:

• Juris Doctor (JD) degree from an accredited law school.

Certifications:

• Admission to the Illinois Bar, or eligibility to waive into the bar.

Skills:

• Expertise in investment management, with a focus on mutual funds, ETFs, and closed-end funds.
• Knowledge of the 1940 Act and related fund governance matters.
• Excellent legal research, writing, and drafting skills.
• Strong organizational skills and the ability to manage competing priorities.
• Ability to interact effectively with clients and colleagues at all levels.
• Strong analytical skills and attention to detail.

Benefits:

• Health, dental, and vision insurance.
• Retirement and 401(k) plan options.
• Paid time off (PTO) and paid holidays.
• Professional development opportunities.
• Collaborative and inclusive work environment.

This diversified corporate and financial firm has more than 90 years of experience in developing innovative and practical legal solutions for complex finance problems. It has represented market participants in all aspects of banking, corporate finance and securities, and public finance transactions since its inception. The firm's other practice areas include bankruptcy, corporate law, civil litigation, environmental law, real estate, regulatory law, sports finance, trusts and estates, and taxation. Given the sophistication of its clients and the legal services they require, the firm hires a team of professionals with an effective combination of legal knowledge and the ability to seamlessly work in cross-disciplinary teams.