Vice President, U.S. Registered Funds Legal Counsel

About this role

Seeking an attorney who will support BlackRock’s US Registered Fund business and provide legal advice and consult on a variety of legal, regulatory and compliance issues relating to the structuring, launch, distribution and day-to day operations of US registered funds, with a focus on active exchange-traded funds.

The attorney will manage business relationships and communicate regularly with management regarding legal, compliance and business issues/risks. The attorney will work closely with key partners, including product strategy, operations, portfolio management and other teams within BlackRock’s Legal & Compliance department.

Responsibilities

• Assist with new fund launches, including product development and structuring, as well as enhancements for existing funds.
• Draft and update SEC registration statements (and related risk disclosures) and other regulatory documents and shareholder communications.
• Manage outside counsel’s review of fund documents and provide general oversight of work performed by outside counsel.
• Advise business teams regarding key initiatives and special projects.
• Advise business and operational teams on day-to-day operation of US registered funds.
• Review and draft comments on various regulatory proposals and consultations.
• Draft and negotiate service provider, intermediary and client contracts.
• Collaborate with the compliance function, including the enhancement of internal policies and procedures aimed at mitigating risk, meeting applicable regulatory requirements and/or improving operational efficiency.

Requirements

• J.D. with superior academic credentials from a nationally-recognized law school and at least three to six years' experience as a lawyer in a major law firm or in the legal department of a leading financial services organization.
• Experience in U.S. federal securities laws and asset management and advising mutual funds and/or ETFs required.
• Exceptional analytical, written, verbal and project management skills and ability to (i) work with and across different business and operations teams, (ii) work effectively both independently and as a member of team, (iii) work in a demanding, fast-paced and global environment, and (iv) prioritize multiple tasks and projects concurrently while maintaining high standards and attention to detail.
• Capacity to pursue and solve problems in a practical manner and to communicate complex legal, compliance and business issues/risks in an understandable way.

Pay and benefits

For New York, NY Only the salary range for this position is USD$215,000.00 - USD$250,000.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities.

We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.