Director – Legal Counsel

Director – Legal Counsel

Requirements

• At least 5 years’ experience practicing law at a major law firm representing financial services companies, in-house with a large broker-dealer and/or investment adviser, or as a staff attorney with the Securities and Exchange Commission, FINRA, or a state securities regulator.
• Deep understanding of Investment Advisers Act, the Securities Exchange Act and FINRA Rules and state laws and regulations relevant to broker-dealers and investment advisers.
• Working knowledge of the impact of ERISA on the provision of investment advice in brokerage and investment advisory retirement accounts.
• Excellent communications skills and ability to brief senior business executives.
• Ability to communicate effectively with non-lawyer business partners.
• Ability to build trust and rapport with business clients and act as a highly engaged and responsive partner.

Responsibilities

• Act as part of a small team that supports Schwab’s broker-dealer and investment advisory products, services, and sales channels for Schwab’s retail business.
• Be the primary day-to-day legal advisor for working groups devoted to multiple projects and initiatives.
• Help facilitate business strategic goals by developing a deep knowledge of business priorities and practices and assimilating such knowledge into legal advice.
• Work directly with clients and second line risk partners in Compliance in both ad hoc and project-based settings, providing legal advice in writing and engaging with outside counsel where necessary.
• Provide practical, plain-English business counsel informed by knowledge of both business goals and legal and regulatory requirements and risks.

Preferred Qualifications

No preferred qualifications provided.