As Senior Vice President, General Counsel, you will oversee legal strategy and operations for the firm and its related companies. Your role combines legal leadership, strategic acumen, and deep understanding of working with the business to drive positive outcomes. You will advise the companys registered investment adviser and broker/dealer entities on corporate governance and all aspects of legal and regulatory matters. In addition, the General Counsel is responsible for oversight of general business legal matters and outside counsel relationships.
Advising executive management team on strategic initiatives as well as regulatory issues (e.g., SECs Regulation Best Interest and MA Fiduciary Rule)
Providing counsel on all legal-related issues within the investment adviser and broker/dealer entities
Representing the firm before regulatory oversight bodies
Overseeing the drafting of corporate documents and filings
Overseeing the management of the firms litigation
Representing the Legal department and advising executive management on the execution of the companys legal strategy and activities
Analyzing new and proposed legislation that impacts the companys operation and initiating appropriate action plans
Leading a team of attorneys and legal employees responsible for anti-money laundering, fraud prevention, commercial agreements, customer complaints and arbitrations, contracts, vendor agreements, loan documents, and NDAs
Working in conjunction with the Compliance department to ensure comprehensive management of compliance and regulatory matters
Planning and actively managing the Legal department, with a focus on organizational efficiency and professional development
Working closely with the Operations, Wealth Management, Retirement, Field Development, and Human Resources departments to provide guidance to and ensure compliance with existing rules and regulations
Exceptional leadership and staff development skills, with management responsibility for a staff of attorneys and legal professionals
Sound judgment and decision-making skills
Ability to understand the business needs and to partner effectively with other departments to create solutions
Excellent communication, influencing, and negotiation skills
Proven ability to develop collaborative relationships with partners, advisors, clients, and regulatory bodies
Additional skills and knowledge
JD degree with strong academic credentials and a member in good standing of a state bar (Massachusetts preferred but not required)
Minimum of 15 years experience working at the SEC and/or an in-house legal department at a financial services company, or performing comparable work at a law firm
Knowledge of the legal and regulatory requirements important to the business, including the Investment Company Act of 1940, Investment Advisers Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934, and other relevant federal and state laws
Experience with ERISA a plus
Extensive experience dealing with regulators
Have we piqued your curiosity? Can you see yourself thriving in this opportunity? Lets introduce ourselves.
About Commonwealthand Our Anything but Common Culture
Commonwealth Financial Network is the largest privately held Registered Investment Adviserindependent broker/dealer in the U.S., with offices in Waltham, Massachusetts, and San Diego, California. Since 1979, weve been delivering indispensable service to independent financial professionals so they, in turn, can put their clients first. Our technology, research, resources, and supportplus a variety of affiliation modelsdeliver what todays independent advisors need to thrive.
That being said, we are a financial services company with a unique missionone that encompasses purpose, vision, and core values in equal measure. Staying true to these guiding principles is the reason we are recognized so often and by so many for the quality of life we enjoy here. We believe it directly translates to a better experience for everyone: employees, advisors, clients, and our communities.
Creating a supportive culture where everyone can thrive is a mission we take seriously. From professional development to comprehensive benefits, grassroots leadership opportunities, generous bonus and stock option incentive plans, opportunities to unwind and connect, and so much more, Commonwealth is not just a great place to workits a place that, for many, feels like home.
We care about your online safety as a prospective employee and encourage you to exercise caution when responding to job postings online. Commonwealth Financial Network will never ask potential hiring candidates to pay or transfer funds as a precondition of interviews or employment, nor will we authorize recruiters or agents to do so on our behalf.
Commonwealth Financial Network is an equal opportunity employer that is committed to a diverse workforce.
Apply for This Job Online
Share on your newsfeed