Associate General Counsel, Broker-Dealer & Securities

Associate General Counsel, Broker-Dealer & Securities

Crowd Street, a leading online investment platform, is seeking an Associate General Counsel to join our in-house legal and compliance team. The Associate General Counsel role is instrumental in the success of the Legal & Compliance team at CrowdStreet and focuses primarily on issues associated with offering private investment opportunities to high-net-worth investors through Crowd Street’s registered broker-dealer.  Reporting to the Chief Legal Officer, you will work closely with the capital markets, investments, operations, marketing, and compliance teams to support investment opportunities through the full investment life cycle. An ideal candidate will have extensive experience representing broker-dealers and alternative asset managers.   

• Play a key role in delivering quality investment opportunities to Crowd Street investors.
• Negotiate brokerage and services agreements for the distribution of private equity, venture capital and other private investment funds to high net worth investors, with a particular focus on non-traded 40 Act funds.
• Ensure securities offerings conform to Crowd Street standards and regulatory requirements, including compliance with the securities rules and regulations and FINRA rules, particularly the application of Reg D and Rule 2210 with respect to accredited investors (non-institutional).
• Negotiate partnership and operating agreements and private offering documents, including private placement memorandums, operating agreements, and subscription agreements, working closely with our investments, investment performance, and marketplace operations teams.
• Draft fund formation documents, including private placement memorandums, operating agreements, and subscription agreements for proprietary investment vehicles.
• Support investor relations and marketing in drafting external communications.
• Manage complex matters independently, prioritizing multiple open matters and fast-paced processes.
• Serve on cross-functional teams to support innovation and corporate initiatives.
• Use excellent communication skills, knowledge, and judgment to regularly assess, advise, and recommend solutions to complex challenges.

The Experiences and Competencies Necessary for Success

• Juris Doctor degree from an accredited law program
• Admission to practice in New York
• 5+ years of investment funds and/or broker-dealer regulatory experience with at least 4 years of rigorous law firm experience
• Deep understanding of offering and governance documents (PPMs, subscription agreements, governing documents) for complex structures
• Experience with registered investment funds and/or private investment funds, understanding of the fundamentals of the Investment Company Act and its exemptions
• Passion for learning, building, and problem-solving
• Exceptional communication skills that foster clear understanding of complex subjects
• Collaboration and negotiation skills that build trust and strong relationships

This is a hybrid position based at our newly established New York Corporate Headquarters in Midtown Manhattan. Candidates must be able to commute to the office 2-3 days per week. Our hybrid work model offers flexibility, with in-office requirements determined by business needs.

The estimated salary range for this position in NYC is $200,000 - $300,000 per year. Compensation and final offer will be determined based on a variety of factors, including experience, skills, qualifications, and overall fit for the role. 

In addition to base salary, we offer a comprehensive benefits package, which includes:

• Stock option equity to share in the company’s success
• Variable pay opportunities based on performance
• 401(k) plan with corporate match to support long-term financial well-being
• Flexible time off to support work-life balance
• Home office stipend to help create a productive remote workspace
• Comprehensive health benefits, including medical, dental, and vision coverage

We are committed to providing competitive compensation and benefits to support our employees' well-being and professional growth. Learn more about our benefits here.

Crowd Street is a private market investing platform where accredited investors access what have traditionally been institutional, exclusive private market investments. This platform allows alternative investment firms to raise private capital from a pool beyond their institutional partners. A disruptor in our industry, Crowd Street was named the Best Overall Real Estate Crowdfunding Site by Investopedia for three years in a row. By combining our team’s private market investment experience with our proprietary technology, Crowd Street gives individual investors direct access to a range of investment opportunities and all the online tools needed to manage those investments. As of 02.07.2024, thousands of investors have invested over $4 billion in more than 800 projects. Disclosures: https://crwd.st/2VIJgo3 

Learn more at www.crowdstreet.com. Crowd Street, Inc. (“Crowd Street”) offers investment opportunities on its website (the “Crowd Street Marketplace”). Broker dealer services in connection with an investment are offered through Crowd Street Capital LLC (“Crowd Street Capital”), a broker dealer registered with FINRA and a member of SIPC.

At Crowd Street, inclusion, equity, and diversity are necessary to achieving our goals. Our differences in age, race, gender, nationality, sexual orientation, physical ability, thinking style and background bring a variety of knowledge that makes us collectively smarter and better able to compete. We are committed to recruiting, developing, and advancing a diverse staff and engaging in the work that makes that possible.