Moneta is an independent Registered Investment Advisor (RIA) wholly focused on going further for our clients. We are one firm with many solutions which provides a full spectrum of financial advisory services, but our true purpose is centered on building relationships and providing exceptional service to our clients around the globe.
The position of General Counsel at Moneta is responsible for providing expert and strategic legal advice to management in the areas of corporate governance, risk management, mergers and acquisitions, investment adviser compliance, and other general corporate matters as needed.
It is crucial that the candidate have the ability to partner with teams within the firm to provide advice around emerging and ongoing initiatives and in response to changing regulatory environments. The successful candidate must demonstrate initiative and have the ability to innovate and add value in a dynamic legal environment. The position reports to the President & COO of the organization.
Duties & Responsibilities
Maintains a high degree of knowledge in the RIA environment including SEC and state investment advisory rules and regulations.
Drafts, reviews and revises vendor, institutional, and client contracts related to the activities of the company and its subsidiaries.
Partners with stakeholders to negotiate vendor contracts and conduct vendor due diligence.
Provides legal counsel to management on corporate governance, risk management, mergers and acquisitions, and other general corporate matters as needed.
Partners with the Chief Compliance Officer to respond to regulatory examinations and inquiries, prepare the firm’s ADV, and mitigate risk through policies and procedures.
Partners with the Chief Marketing Officer and client teams to prepare RFPs and other marketing materials.
Manages, assesses and reports on litigation and arbitration claims to which the company, its affiliates or financial advisors become a party; tenders errors and omissions claims and coordinates with insurance carriers on the defense of claims; counsels the company and coordinates with outside counsel on the assessment of contingent liabilities and reserves.
Identifies and mitigates firm and advisor conflicts.
Oversees responses to third party document requests and subpoenas.
Manages outside counsel and any litigation matters that arise.
Formulates and executes effective strategies to reduce risk throughout the firm by educating partners on the dynamic legal environment.
Other legal matters as assigned.
Fosters an environment of open, honest, and timely communication.
Ensures the vision and core values of Moneta are incorporated into the duties and responsibilities of the position.
Knowledge, Skills, and/or Abilities To perform this job successfully, individual should have the following skills and abilities:
Ability to exercise sound, independent judgment.
Excellent verbal and written communication skills.
Strong attention to detail.
Ability to prioritize and handle multiple and varied tasks independently.
Ability to work effectively in a team environment.
Ability to effectively draft written agreements.
Basic office technology knowledge (Word, Outlook, Excel, etc.)
Demonstrated ability to independently analyze and resolve complex matters.
The ability to lead, delegate and mentor, and the desire to work well with others to achieve common goals.
Juris Doctorate from an ABA-accredited law school and an active license to practice (or ability to obtain reciprocity within a reasonable period of time) in Missouri, with at least 5 years of progressive responsibility serving as outside counsel to similarly situated firms or in an in-house counsel capacity.
At least four years of relevant financial services experience.
Experience handling and managing complex civil litigation.
Experience with and knowledge of securities laws and regulations, including those related to registered investment advisers, broker-dealers and insurance industry laws and regulations, is preferred.
Familiarity with regulatory issues in the securities industry, including ones involving the SEC, FINRA and state authorities will be particularly beneficial.