Assistant General Counsel - Fund Services

ROLE OVERVIEW

PURPOSE OF JOB

• Founded in
• 2002 and based in Austin, TX, SALI Fund Services (“SALI”) a JTC Group Company,
• delivers a turn-key solution for the creation and administration of Insurance
• Dedicated Funds (“IDFs”) and separately managed accounts (“SMAs”). Our
• innovative platform enables investment managers to create tax-compliant IDFs
• and SMAs that seamlessly integrate with insurance company Private Placement
• Variable Annuity and Private Placement Life Insurance account platforms.
• SALI serves a
• diverse group of clients, from boutique hedge funds to the world’s largest
• wealth management institutions. Currently, we administer over 250 IDFs and
• SMAs, collectively representing more than $30 billion in assets. As a fund
• administrator, SALI is dedicated to providing white-glove service, industry
• expertise, and operational excellence for every client engagement.

The Assistant

• General Counsel at SALI will play a key role in advising on a wide range of
• legal issues affecting the firm and its private funds. This position will focus
• on private fund formation and structuring, including responsibility for
• drafting and reviewing offering documents. The role also requires expertise
• with the Investment Advisers Act of 1940, as well as broad support on
• regulatory, compliance, and operational matters.

MAIN RESPONSIBILITIES AND DUTIES

• Draft, review, and negotiate private fund formation
• documents, including private placement memoranda, limited partnership
• agreements, subscription documents, and service provider contracts.
• Provide legal support throughout the fund formation,
• launch, and capital raising process, collaborating closely with business and
• operations teams.
• Advise on ongoing fund management matters, including
• transactional support, side letters, investor communications, co-investment
• arrangements, and relevant regulatory filings.
• Research, interpret, and ensure compliance with the
• Investment Advisers Act of 1940 (“Advisers Act”) as it pertains to investment
• vehicles, operations, exemptions, and regulatory status. Preference will be
• given to candidates with prior experience with the Investment Company Act of
• 1940 (“’40 Act”) and the Commodity Exchange Act of 1936 (“CEA”).
• Support all aspects of U.S. and global regulatory
• compliance, including SEC, CFTC, AML/KYC and other applicable regimes.
• Assist with LSTA- and LMA-financing and ISDA- and
• GMRA master trading documentation.
• Monitor and advise on changes in the legal and
• regulatory landscape impacting private funds, advisers, and the broader
• industry.
• Work with outside counsel as needed on specialized
• matters or cross-border issues.
• Support broader legal and compliance initiatives for
• the firm as assigned.

ESSENTIAL REQUIRMENTS

• J.D. from an accredited law school and admission to
• practice in at least one U.S. jurisdiction.
• 4–8 years of legal experience, either in-house at an
• asset management firm or with a top law firm advising private fund clients.
• Significant experience drafting and negotiating
• private fund offering and governing documents.
• Demonstrated expertise with U.S. securities laws and
• regulations governing funds and advisers, including the Securities Act of 1933,
• the Securities Exchange Act of 1934 and the Advisers Act and related regulatory
• matters. Preference will be given to candidates with prior experience with CEA
• and ’40 Act.
• Strong project management, analytical, and
• communication skills.
• Ability to work collaboratively across business,
• operations, and compliance teams in a fast-paced environment.
• Transactional experience with syndicated loans,
• derivatives and prime brokerage is a plus.

OUR COMMITMENT TO INCLUSION &

WELLBEING

• JTC is committed to fostering
• a healthy, inclusive organisation where all individuals feel welcome and feel
• able to participate in the workplace fully. We value different perspectives,
• backgrounds and lived experiences. This includes supporting employee wellbeing
• so that people feel equipped to thrive.