Associate General Counsel

Position Overview:
We are seeking an experienced and dynamic Associate General Counsel to join our legal team at PTMA Financial Solutions, a leading investment adviser and marketer of local government investment pools and other investment solutions to local and state government entities, among other clients. This critical role will provide broad legal support across a range of business functions, including contracts, disclosure, product development, and regulatory matters. The ideal candidate will be a collaborative team player with the ability to manage multiple priorities, exercise initiative, and work independently to provide strategic, high-quality legal counsel in a fast-paced environment. 

Key Responsibilities: 

·         Contracts & Agreements: Draft, review, and negotiate a variety of contracts, including brokerage and municipal advisory agreements, vendor contracts, client agreements (including agreement for Local Government Investment Pools), and other commercial contracts, ensuring compliance with relevant laws and regulations. 

·         Disclosure & Reporting: Oversee the preparation and review of key regulatory filings, product and firm disclosures, and regulatory reports, ensuring accuracy, transparency, and adherence to all regulatory requirements. 

·         Product Development: Collaborate with the GC and cross-functional teams to advise on legal issues related to product development, including new investment strategies, vehicles, and fund structures, while ensuring compliance with applicable regulations. 

·         Legal Research: Conduct thorough legal research on a broad range of topics, including regulatory developments, areas of potential liability, emerging legal trends, and industry-specific issues. Provide insightful analysis and recommendations to inform decision-making and mitigate legal risk. 

·       Marketing Review: Collaborate with the Marketing department and Sales staff marketing the LGIPs, and other investment products on behalf of the broker-dealer or municipal advisor for compliance with the federal securities laws.  

·         Regulatory Questions & Compliance: Serve as a key point of contact for regulatory questions, working closely with the Compliance department to address inquiries and ensure compliance with relevant regulatory bodies, including the SEC, FINRA and MSRB.   

·         Cross-Departmental Collaboration & Legal Problem Solving: Work closely with various departments (e.g., trading, compliance, operations, marketing, sales and HR) to serve as a legal resource and problem solver. Provide practical, legally sound advice to different teams, navigating complex challenges with a proactive and solution-oriented approach. Bring creativity and strategic thinking to legal issues, providing alternative solutions and adapting to the evolving needs of the business. 

·         Self-Motivation & Initiative: Proactively identify legal risks and opportunities within the organization, taking the initiative to address issues and drive solutions. Demonstrate self-motivation and the ability to prioritize and manage multiple tasks independently. 

·         Creative & Strategic Thinking: Approach legal challenges with a resourceful and innovative mindset, offering practical and forward-thinking solutions to complex business and legal issues. 

·         Regulatory Liaison: Act as a liaison with regulatory authorities, including the SEC, FINRA and MSRB, ensuring the company maintains positive relationships with regulators and is well-prepared for examinations, audits, and regulatory changes. 

Required Qualifications: 

• Juris Doctor (JD) degree from an accredited law school.
• 5-10 years of relevant legal experience, with a strong background in the financial services industry, contracts, and regulatory compliance.
• Knowledge of the federal securities laws, including the federal securities laws, and FINRA and MSRB rules and related regulatory frameworks.
• Willingness to obtain FINRA licenses.
• Proven ability to handle complex legal matters with professionalism and sound judgment.
• Excellent interpersonal and communication skills, with the ability to work effectively with colleagues, management, and external parties of various personalities and seniority levels.
• High degree of initiative, self-motivation, and the ability to operate independently while contributing as a collaborative team member.
• Strong analytical and problem-solving skills, with a creative approach to legal and business challenges.
• Ability to work in a fast-paced, high-pressure environment and manage multiple priorities simultaneously.
• Membership in good standing with a state bar.

Preferred Qualifications: 

• Experience with regulatory agencies such as the SEC, FINRA or MSRB is highly desirable.
• Knowledge of local government investment pools or state and local governments is highly desirable.