Assistant General Counsel, Retirement Solutions (Remote)

Inspira Financial•Oak Brook, IL

8h•Remote

About The Position

The Director, Assistant General Counsel will report to the Associate General Counsel in the Legal Department. The position will provide legal advice and guidance on a wide variety of commercial, contractual, and regulatory legal matters, with a focus on individual retirement accounts (IRAs), and will be the subject matter expert for the Company's self-directed IRA and fund custody product lines.

Requirements

6-10 years of experience with commercial transactions, including experience with IRAs; experience with self-directed IRAs and alternative assets highly preferred
Juris Doctorate Degree required
Working knowledge of the financial services and consumer directed benefits industries and applicable regulatory regimes
Ability to work collaboratively and effectively at all levels of the organization
Excellent communication and presentation skills
Strong time and case management skills; ability to shift quickly between substantive areas of law and the requirements of the different lines of business in a fast-paced environment
Commitment to professionalism
High level of integrity exercised internally and in representing the firm to outside parties
Infrequent travel (less than 10%)
Ability to provide personal transportation from time to time
Prolonged periods of sitting at a desk and working on a computer

Responsibilities

Provide day-to-day support to the Company's self-directed IRA and fund custody product lines, with a focus on the custody of alternative assets. Support will include advising on new product offerings, enhancements to existing products and other operational changes, and resolving accountholder matters.
Structure, draft and negotiate contracts for retirement and wealth product lines, including (i) custody agreements, (ii) API, licensing and subscription agreements, (iii) business development, co-development/co-marketing, and other strategic alliance arrangements, and (iv) data protection agreements.
Advise business clients on contractual and regulatory exposures and risks related to development of new customer offerings or services.
Provide legal advice on a wide variety of specialized areas of law, including but not limited to: ERISA, IRS and DOL regulations, and money transmitter and electronic payment laws.
Provide legal counseling on a full spectrum of corporate, commercial, and regulatory matters, including guidance regarding appropriate risk allocation for strategic and core business initiatives.
Provide negotiation strategy as a member of negotiating teams with customers, third party partners and suppliers with respect to contracts, licenses and other business transactions.
Monitor and proactively communicate legal trends, industry standards and best practices for topics that could affect the Company's retirement and wealth business.
Develop a thorough understanding of, and familiarity with, Inspira, and its markets, customers, and competitors, in order to identify trends and formulate structures and strategies accordingly.
Establish a rapport and working relationship with employees at all levels in order to encourage and continue the proactive use of in-house counsel.
Other duties as assigned.