Assistant General Counsel, Retirement Solutions (Remote) at Inspira Financial

United States

<p>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.</p> <p> </p> <p><strong>Duties &amp; Responsibilities:</strong></p> <ul> <li>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.</li> <li>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.</li> <li>Advise business clients on contractual and regulatory exposures and risks related to development of new customer offerings or services.</li> <li>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.</li> <li>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.</li> <li>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.</li> <li><span>Monitor and proactively communicate legal trends, industry standards and best practices for topics that could affect the Company's retirement and wealth business.</span></li> <li>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.</li> <li>Establish a rapport and working relationship with employees at all levels in order to encourage and continue the proactive use of in-house counsel.</li> <li>Other duties as assigned.</li> </ul> <strong><span>Qualifications</span></strong> <p><strong>Education &amp; Experience:</strong></p><ul><li><span> </span>6-10 years of experience with commercial transactions, including experience with IRAs; experience with self-directed IRAs and alternative assets highly preferred </li><li> Juris Doctorate Degree required</li></ul><p><strong> </strong></p><p><strong>Skills &amp; Abilities:</strong></p><ul><li>Working knowledge of the financial services and consumer directed benefits industries and applicable regulatory regimes</li></ul><ul><li>Ability to work collaboratively and effectively at all levels of the organization</li></ul><ul><li>Excellent communication and presentation skills</li></ul><ul><li>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</li></ul><ul><li>Commitment to professionalism</li></ul><ul><li>High level of integrity exercised internally and in representing the firm to outside parties</li></ul><p></p><p><strong> </strong></p><p><strong>Other Requirements:</strong></p><ul><li>Infrequent travel (less than 10%)<ul><li>Ability to provide personal transportation from time to time</li></ul></li><li>Prolonged periods of sitting at a desk and working on a computer</li></ul>