Legal Counsel - ERISA & Securities (Remote)

When you ask people what gives them peace of mind to live their best life, having a sense of financial security is usually at the top of the list. Our financial services include employer-based benefits like retirement planning so employers can help their people plan for a comfortable life after they stop working. We also provide personalized financial planning and investment services to help families succeed in every stage of life.

Our Newest Opportunity:

Summary:

OneDigital is currently seeking an attorney to support its Chief Compliance Officer (“CCO”) in handling legal matters and responding to legal inquiries for a rapidly growing registered investment advisory firm and its related financial services entities. Candidates must have experience with the Investment Advisers Act of 1940 (“Advisers Act”), the Employee Retirement Income Security Act of 1974 (“ERISA”) and state and federal privacy regulations with preference given to Candidates who also have prior experience with the U.S. Securities Exchange Act of 1934, FINRA regulations, the USA PATRIOT Act of 2001 (“Patriot Act”) and/or state insurance regulations. The ideal candidate will be able to manage day-to-day legal activities with limited supervision and have excellent organizational skills, high attention to detail, the ability to prioritize multiple deadlines, and excellent written and oral communication skills.

Essential Duties and Responsibilities (includes but is not limited to):

• Create and maintain template client agreements for fiduciary and non-fiduciary services offered by the Registered Investment Adviser (RIA) and/or related financial services entities.
• Provide legal support on a variety of matters as needed, including, but not limited to, contract review and negotiation, complaint investigation, privacy and data sharing, intellectual property, brand marketing, and mergers and acquisitions.
• Support litigation and dispute resolution processes, working closely with the CCO, Corporate Counsel and/or Outside Counsel.
• Provide prompt, clear and concise legal counsel to the CCO, Senior Leadership, Corporate Counsel and applicable practice line leaders.
• Identify and mitigate legal risks affecting the RIA and/or related financial services entities, providing strategic advice to the CCO and other members of Senior Leadership.
• Assist Corporate Counsel, as necessary, with corporate governance matters and business registration and licensing.
• Assist the CCO and/or Deputy Chief Compliance Officer in responding to requests for information from internal and external sources.
• Prepare applications for insurance for the RIA and/or related financial services entities, including, but not limited to, errors and omissions insurance (E&O) and fidelity bond(s), and be responsible for managing and coordinating the process from start to finish.
• Stay current on relevant regulations, legal developments and industry best practices affecting registered investment advisers, registered broker-dealers, and retirement plan service providers and provide regular updates, guidance and/or legal training to the Compliance Department, Senior Leadership and relevant practice groups.
• Collaborate with the Compliance Department, Corporate Counsel and/or Senior Leadership to innovate processes that improve efficiency or bring economies of scale to the RIA and/or related financial services entities.
• Perform other assignments and/or duties as may be assigned by the CCO or Deputy Chief Compliance Officer (e.g., ad hoc special projects).

Qualifications, Skills and Requirements:

• Strong understanding of the Investment Advisers Act of 1940, the Employee Retirement Income Security Act of 1974 (ERISA), and the Gramm-Leach-Bliley Act (GLBA / Regulation S-P).
• Ability to quickly gain an understanding of existing contractual relationships; service offerings and business lines; corporate vision, goals and objectives; and legal/corporate non-negotiables and effectively incorporate such into Incumbent’s duties and responsibilities.
• Ability to effectively draft, negotiate and interpret contracts.
• Ability to provide legal counsel, devise legal solutions, and/or draft and negotiate agreements that further corporate vision, goals and/or objectives and reduce the risk of financial liability/loss and/or negative publicity.
• Ability to perform comprehensive legal research and effectively analyze the legal implications of various business options based on such research.
• Ability to interpret the impact of new laws on the operations of and/or services offered by the RIA and/or related financial services entities.
• Ability to clearly and concisely articulate and present ideas, opinions, and information, orally and in writing.
• Have excellent interpersonal skills and the ability to collaborate effectively with others and maintain a professional and objective demeanor even during adversarial and/or confrontational situations.
• Have a high attention to detail.
• Have excellent time management and organizational skills and the ability to multi-task and manage priorities effectively, including the ability to adjust priorities in response to unanticipated events.
• Have a strong understanding of fiduciary governance principles.
• Routinely take a collaborative approach to problem-solving.
• Ability to work effectively and autonomously with minimum supervision.
• Ability to work efficiently and quickly while maintaining good work product.
• Ability to handle confidential and sensitive issues in accordance with Incumbent’s professional ethics obligations as a member of a State Bar.
• Self-motivated with a commitment to excellence and a high level of integrity.
• Proficiency with Microsoft Word and Adobe Acrobat.
• Ability to adapt in a rapidly changing business and technology environment.
• Have a continual learner mentality.

Education, Training and Experience:

• Degree: Must hold a Juris Doctorate degree from an ABA Accredited Law School.
• Licenses: Admitted, in good standing, to the State Bar of at least one State.
• Experience: Minimum 3 years of experience providing counsel with respect to the Advisers Act, ERISA, and state and federal privacy regulations. Prior experience providing counsel with respect to the Securities Exchange Act of 1934 and FINRA regulations, the USA PATRIOT Act, state insurance regulations, and/or mergers and acquisitions a plus.

The typical base pay range for this role nationwide is $140,000 to $160,000 per year.

Your base pay is dependent upon your skills, education, qualifications, professional experience, and location. In addition to base pay, some roles are eligible for variable compensation, commission, and/or annual bonus based on your individual performance and/or the company’s performance. We also offer eligible employees health, wellbeing, retirement, and other financial benefits, paid time off, overtime pay for non-exempt employees, and robust learning and development programs. You will receive reimbursement of job-related expenses per the company policy and may receive employee perks and discounts.

To learn more, visit: www.onedigital.com/careers

OneDigital is an equal opportunity employer. Not only as a matter of standard, but to honor and celebrate our differences. We believe that the power of ONE starts with you. We are committed to cultivating and preserving a culture that celebrates diversity, insists on equity and inclusion, and connects us. Ensuring our people feel seen, valued, respected, and supported is fundamental to our core values and business goals.

OneDigital provides equal employment opportunities to all employees and applicants for employment regardless of their: veteran status, uniformed servicemember status, race, color, religion, sex, sexual orientation, gender identity, age (40 and over), pregnancy (including childbirth, lactation and related medical conditions), national origin or ancestry, citizenship or immigration status, physical or mental disability, genetic information (including testing and characteristics) or any other category protected by federal, state or local law (collectively, “protected characteristics”). A copy of the Federal EEO poster is linked here.

Pursuant to local Fair Chance Ordinances, we will consider qualified applications with arrest or conviction records for employment. For applicable candidates, the following ordinances are linked here to inform you of your rights as an applicant:

City and County of San Francsico

City of Los Angeles

County of Los Angeles

Employment decisions shall comply with all other applicable federal, state and city/county laws prohibiting discrimination in employment. OneDigital complies with all criminal history inquiry [or ‘ban the box’] laws in California, Connecticut, Colorado, Hawaii, Illinois, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New Mexico, Oregon, Rhode Island, Vermont and Washington.

In short, we believe in hiring the most qualified applicant for the position, regardless of background.

If you have questions about our hiring policies and practices, we would be happy to discuss upon receiving your application. We hope to welcome you to OneDigital and look forward to hearing from you.

OneDigital understands the immense responsibility and opportunities provided by Artificial Intelligence. We utilize advanced Artificial Intelligence [AI] technologies to enhance our recruitment process. This includes using AI to filter candidates based on their qualifications and to rediscover potential candidates from our existing applicant pool. Our AI systems help us efficiently identify the best fit for our open positions, ensuring a streamlined and effective hiring experience. However, AI does not replace the humans in our process. If you have concerns about our use of AI, you may opt out where laws allow.

Thank you for your interest in joining the OneDigital team!