Assistant General Counsel II
Location: Austin, Texas
Description: Teacher Retirement System of Texas is currently interviewing Assistant General Counsel II right now, this position will be reside in Texas. Further informations about this position opportunity please read the description below. Salary is commensurate upon the quqlifications of the imdividual selected and the discretion of the Hiring Manager, but not less than $90,579 annually.
General! Description
The Assistant General Counsel II for Investments performs advanced (senior-level) legal work. Work involves providing counsel and related services regarding complex investment transactions and related matters; preparing and negotiating investment transaction documents; providing general legal counsel and representation to agency board of trustees and executive management; and providing research and other legal support. Works under limited supervision with considerable latitude for initiative and independent judgment. May plan or assign the work of others. This position reports to the Assistant General Counsel Manager for Investments.
Duties and Responsibilities
Investment Counsel
- Provides legal advice to and represents the agency
•
- Over-the-Counter (OTC) derivative confirmation negotiations
confirmation agreements, Dodd Frank regulatory co! mpliance, futures clearing,
International Swaps and Derivatives Association (ISDA) management, and OTC
clearing, including training long/short internal portfolio managers and
traders;
- Negotiation of investment management agreements with
- Investments in hedge funds, private equity funds, real asset
principal investment funds;
- Investment operations, non-disclosure agreements, foreign
duties as assigned; and
- The application of fiduciary duties to investment matters,
- Manages and oversees outside investment counsel, including assigning transactions, managing workflow, evaluating wo! rk product, reviewing invoices, and negotiating fee reductions.
- Reviews compliance certificates and forms submitted by broker-dealers.
- Provides legal services relating to custody of pension assets and securities lending for the investment function.
- Prepares and negotiates soft dollar or commission sharing arrangements, and advises investment staff, agency management, and the board about such arrangements.
- Prepares requests for proposal or qualifications, and drafts and negotiates contracts with vendors (e.g., software licenses, custody agreements), investment consultants, external discretionary investment managers, outside legal counsel, clearinghouses, electronic trading platforms, and prime brokers.
- Reviews offering memoranda, subscription documents, and proposed contracts relating to private investments; and provides legal advice and services, including drafting and negoti! ating transaction documents, as assigned; and supervises execution of d! ocuments according to agency policies and procedures.
- Prepares memoranda, contracts, policies, guidelines, procedures, letters, bills, or analysis for legislative consideration, or other materials as assigned.
- Attends meetings of the agency Board of Trustees, Board Committees, and internal investment committees; assists with preparation of meeting materials, such as drafting proposed resolutions and related materials, and preparing meeting minutes; and makes presentations, all as assigned.
- With outside counsel, represents the agency, as assigned, in litigation matters; researches and analyzes legal issues and prepares legal memoranda, pleadings, briefs, notices, motions, and orders; coordinates representation with the Attorney General and, as applicable, outside counsel; gathers and reviews evidence, prepares discovery responses and affidavits, and otherwise assists in defense and prosec! ution of litigation.
- Represents the agency, as assigned, in meetings and negotiations with other attorneys and external parties, including executive and legislative branches of Texas state government, auditors, investment consultants, and vendors.
- Reviews and provides advice regarding proposed state or federal legislation and regulations, including drafting comment letters or research memoranda for review and approval by agency management.
- Provides advice and assistance regarding all applicable existing or proposed federal, state, and agency laws, rules and policies.
- Provides advice and assistance on other matters as assigned, such as agency authority, records retention, open government laws, and other records management issues.
- Develops training materials and provides training to agency management and staff regarding areas of responsibility, as assigned.
- Conducts legal research a! nd analysis with respect to assigned or referred matters.
- Prep! ares audit inquiry responses on behalf of the agency, as assigned.
- Reviews and advises on terms and conditions of coverage under fiduciary liability and directors and officers liability insurance (D&O) policies; negotiates renewal or replacement policies; and analyzes coverage, as assigned.
- Coordinates and reviews the related work of legal assistants, specialists, and support staff with regard to specific areas of responsibility.
- Leads or participates in special projects and serves in special roles, as assigned.
Education:
- Juris Doctor (J.D.) degree from an accredited law school.
- Seven (7) years of full-time experience as a transactional attorney.
- Three (3) years of experience in at least one of the following areas: private equity transactions or derivatives contracts. (Experience may run concurrently.)
- Licensed to practice law in the State of Texas and a member in good standing of the State Bar of Texas; or hold a valid, active law license issued by another state and be eligible for Texas licensure under Board of Law Examiners Rule XIII: Attorneys From Other Jurisdictions (candidate must obtain Texas license within eight months of hire date).
- Five (5) years of experience providing legal services for private equity transactions and derivatives contracts.
- Experience interpreting and providing advice and counsel regarding trust law and fiduciary duties of trustees of a public pension plan or an ERISA plan.
- Experience effectively and succinctly communicating with a high-level audience, such as a governing Board or executive management.
- Experience overseeing and managing outside counsel.
- Knowledge of the Texas legislative process and Tex! as state agency procurement laws and regulations, open government laws,! statutory interpretation and code construction, and public entity authority issues.
Salary is commensurate upon the quqlifications of the imdividual selected and the discretion of the Hiring Manager, but not less than $90,579 annually.
General Description
The Assistant General Counsel II for Investments performs advanced (senior-level) legal work. Work involves providing counsel and related services regarding complex investment transactions and related matters; preparing and negotiating investment transaction documents; providing general legal counsel and representation to agency board of trustees and executive management; and providing research and other legal support. Works under limited supervision with considerable latitude for initiative and independent judgment. May plan or assign the work of others. This position reports to the Assistant General Counsel Manager for Investments.
Duties and Responsibilities
Investment Counsel
- Provides legal advice to and represents the agency
•
- Over-the-Counter (OTC) derivative confirmation negotiations
confirmation agreements, Dodd Frank regulatory compliance, futures clearing,
International Swaps and Derivatives Association (ISDA) management, and OTC
clearing, including training long/short internal portfolio managers and
traders;
- Negotiation of investment management agreements with
- Investments in hedge funds, private equity funds, real asset
principal investment funds;
- Investment operations, non-disclosure agreements, foreign
duties! as assigned; and
- The application of fiduciary duties to investment matters,
- Manages and oversees outside investment counsel, including assigning transactions, managing workflow, evaluating work product, reviewing invoices, and negotiating fee reductions.
- Reviews compliance certificates and forms submitted by broker-dealers.
- Provides legal services relating to custody of pension assets and securities lending for the investment function.
- Prepares and negotiates soft dollar or commission sharing arrangements, and advises investment staff, agency management, and the board about such arrangements.
- Prepares requests for proposal or qualifications, and drafts and negotiates contracts with vendors (e.g., software licenses, custody agreements), investment consultants, external discretionary investment manager! s, outside legal counsel, clearinghouses, electronic trading platforms, and prime brokers.
- Reviews offering memoranda, subscription documents, and proposed contracts relating to private investments; and provides legal advice and services, including drafting and negotiating transaction documents, as assigned; and supervises execution of documents according to agency policies and procedures.
- Prepares memoranda, contracts, policies, guidelines, procedures, letters, bills, or analysis for legislative consideration, or other materials as assigned.
- Attends meetings of the agency Board of Trustees, Board Committees, and internal investment committees; assists with preparation of meeting materials, such as drafting proposed resolutions and related materials, and preparing meeting minutes; and makes presentations, all as assigned.
- With outside counsel, represents the agency, as assigned,! in litigation matters; researches and analyzes legal issues and prepar! es legal memoranda, pleadings, briefs, notices, motions, and orders; coordinates representation with the Attorney General and, as applicable, outside counsel; gathers and reviews evidence, prepares discovery responses and affidavits, and otherwise assists in defense and prosecution of litigation.
- Represents the agency, as assigned, in meetings and negotiations with other attorneys and external parties, including executive and legislative branches of Texas state government, auditors, investment consultants, and vendors.
- Reviews and provides advice regarding proposed state or federal legislation and regulations, including drafting comment letters or research memoranda for review and approval by agency management.
- Provides advice and assistance regarding all applicable existing or proposed federal, state, and agency laws, rules and policies.
- Provides advice and assistance on other matters as assigned,! such as agency authority, records retention, open government laws, and other records management issues.
- Develops training materials and provides training to agency management and staff regarding areas of responsibility, as assigned.
- Conducts legal research and analysis with respect to assigned or referred matters.
- Prepares audit inquiry responses on behalf of the agency, as assigned.
- Reviews and advises on terms and conditions of coverage under fiduciary liability and directors and officers liability insurance (D&O) policies; negotiates renewal or replacement policies; and analyzes coverage, as assigned.
- Coordinates and reviews the related work of legal assistants, specialists, and support staff with regard to specific areas of responsibility.
- Leads or participates in special projects and serves in special roles, as assigned.
Education:
- Juris Doctor! (J.D.) degree from an accredited law school.
- Seven (7) years of full-time experience as a transactional attorney.
- Three (3) years of experience in at least one of the following areas: private equity transactions or derivatives contracts. (Experience may run concurrently.)
- Licensed to practice law in the State of Texas and a member in good standing of the State Bar of Texas; or hold a valid, active law license issued by another state and be eligible for Texas licensure under Board of Law Examiners Rule XIII: Attorneys From Other Jurisdictions (candidate must obtain Texas license within eight months of hire date).
- Five (5) years of experience providing legal services for private equity transactions and derivatives contracts.
- Experience interpreting and providing advice and counsel regarding trust law and fiduciary duties of trustees of a public pension plan o! r an ERISA plan.
- Experience effectively and succinctly communicating with a high-level audience, such as a governing Board or executive management.
- Experience overseeing and managing outside counsel.
- Knowledge of the Texas legislative process and Texas state agency procurement laws and regulations, open government laws, statutory interpretation and code construction, and public entity authority issues.
- .
If you were eligible to this position, please deliver us your resume, with salary requirements and a resume to Teacher Retirement System of Texas.
Interested on this position, just click on the Apply button, you will be redirected to the official website
This position will be started on: Wed, 02 Oct 2013 03:38:03 GMT
Apply Assistant General Counsel II Here