Assistant General Counsel, Invest

The role:

SoFi is seeking an attorney focused on its growing SoFi Invest business, with flexibility to support other parts of the SoFi enterprise as needed. 

What you’ll do: 

• Advise the business on matters pertaining to SoFi’s SEC-registered broker-dealer and investment advisor, including the development, launch, and maintenance of products, marketing, disclosures and regulatory risk assessment and mitigation.

• Provide legal guidance on securities law, SEC regulations, FINRA rules and applicable state securities laws. 

• Partner with business and compliance teams to implement controls and governance frameworks, including policies, procedures, and supervisory processes.

• Review, draft and negotiate commercial agreements with vendors, financial infrastructure and service providers supporting the SoFi Invest platform.

• Stay abreast of legislative and regulatory developments affecting broker-dealers and investment advisors, and advise on related business impacts.

• Assist in the development of customer terms and disclosures. 

• Handle arbitrations brought by Invest customers.

• Other assignments on an ad hoc basis.

 

What you’ll need:

• You should be an intellectually curious self-starter with strong written and oral communication skills and sound judgment. 

• JD from an accredited law school and licensed to practice in at least one U.S. jurisdiction.

• 4 to 6  years of experience, ideally at a major law firm or in-house legal department.

• Experience with broker-dealer and investment adviser regulatory frameworks, including the Securities Act, the Exchange Act, the Investment Advisers Act and FINRA rules. 

 

Nice to have:

• In-house counsel experience with a self-directed retail brokerage.