Legal Affairs Manager
Ameriprise Financial Services, LLC
full-time
Posted on:
Location: Massachusetts, New York, North Carolina • 🇺🇸 United States
Visit company websiteSalary
💰 $72,100 - $124,300 per year
Job Level
Mid-LevelSenior
About the role
- Support the Retail Investment Advice Legal team and provide legal support on managed account offerings, including discretionary and non-discretionary accounts
- Issue spotting and application of the federal securities laws (including Regulation Best Interest, the Investment Advisers Act, FINRA rules, and state securities regulations)
- Conduct legal, factual and benchmarking research and prepare summaries of risk/legal analysis
- Review marketing, training and other field-facing materials
- Assist with drafting client-facing disclosures and agreements for new products/services and regulatory changes
- Prepare and file updates to Forms ADV and BD
- Maintain records, procedures and processes for agreements, disclosures and filings
- Support the conflicts of interest program by monitoring and documenting conflicts and associated controls
- Cultivate and promote relationships with key business partners and collaborate with Compliance personnel
- Foster and promote a culture of compliance
Requirements
- Associate's degree or equivalent (2 years)
- 3-5 years relevant experience
- Paralegal Certificate from ABA approved program or equivalent education/experience
- Solid drafting and research skills
- Solid analytical skills
- Highly organized and detail-oriented
- Exhibits good working knowledge of products and services and business lines related to area of responsibility
- Demonstrates increasing depth of knowledge of regulatory framework area of specialty and/or increasing breadth of knowledge in areas within and related to area of specialty
- Has primary business partner responsibility for particular individuals or issues (more routine in nature)
- Makes decisions quickly and appropriately using extensive expertise
- Advanced subject matter expertise in business area being supported
- Ability to learn and utilize new tools and technologies
- Preferred: JD or equivalent (6 years)
- Preferred: Advanced subject matter expertise in retail advice products & services
- Preferred: Previous experience negotiating agreements
- Preferred: Familiarity with IARD filing system
- Preferred: Previous experience drafting Form ADV and related regulatory disclosures