| Job Description | Job ID 2014-79400
The successful candidate will provide research, factual information, counsel and guidance on legal and regulatory questions or issues in support of the bank’s and its subsidiaries’ investment advisor and brokerage business lines. Will work under general supervision and is responsible for dealing with complex legal matters.
•Identifies and analyzes more complex or novel matters which have no clear legal/business precedent or have different possible interpretations; develops conclusions, makes recommendations, and provides reliable advice to the brokerage and investment advisory lines of business.
•Drafts, reviews, memoranda and initial drafts of legal documents and revises legal documents and concise written materials that can be submitted to the customer with minimal, or no revisions, or review by a more senior attorney.?Provides full, sound, ethical and prompt legal service and opinions to clients in relation to laws and regulations in the investment advisory and brokerage business.
?Reviews and drafts investment advisory and brokerage customer agreements and regulatory filings.
?Provides legal and regulatory compliance review of proposed investment and advisory products and assists with product design and delivery process.
?Reviews marketing materials for compliance with consumer regulations and business line standards.
?Works directly with business clients and develops an understanding of business unit needs and products. Contributes advice and counsel on policy and procedures.
?Monitors changes in state laws and federal regulations impacting consumer financial and investment products.
?Works assignments consist of major legal tasks involving problems of recognized complexity and facts that are occasionally in question, for which considerable legal judgment, experience and independent reasoning is required.
?Team player able to work with multiple product teams and operations groups.
?Must control the legal expenses on matters being handled by outside counsel. Identifies issues which do not need legal assistance, by assessing the costs of outside legal services which are required in specific instances, by providing legal services in-house, and by directing and supervising outside counsel to ensure that the fees charged are accurate. Is then responsible for resolving any disputes relating to the fees incurred on that file.
Qualifications
•5-10 years of experience with state and federal investment advisory and brokerage laws and regulations, preferably in a law firm environment, although relevant in-house financial services corporate legal practice also will be considered to be eligible experience.
•Strong verbal and written communication skills
•Four year college degree (excellent academic standing)
•A JD or an LLM (excellent academic standing) from an ABA accredited law school
•An active license to practice law in at least one state in the U.S.
•Preferred bilingual (English and Spanish) |
| | Company | | BBVA Compass | Job Code | | State or Province | | Texas | | |
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