Assistant General Counsel - Asset Management (Toronto)

Neuberger Berman; Toronto; On-site; CAD 255,000 - 295,000; Full time

Job summary

Neuberger Berman Canada ULC seeks an experienced lawyer to lead regulatory and compliance matters for private funds and registered funds, advising on structuring, development and distribution in Canada and internationally.

The role requires deep knowledge of NI 31-103, 45-106, 81-102 and related US acts; strong governance, drafting, and negotiation skills, with 6–10 years of experience, including big-firm background. Toronto-based hybrid work supports a global firm.

Qualifications

• 6–10 years’ legal/regulatory experience, including in a large law firm.
• Extensive knowledge of Canadian NI 31-103, 45-106, 81-102 and 81-106.
• Knowledge of the U.S. Investment Advisers Act and CFTC/NFA preferred.
• Strong organizational and multi-tasking abilities.
• Ability to communicate with senior management and investment professionals.
• Independent and deadline-driven.

Responsibilities

• Structuring and advising on private funds including funds-of-one.
• Advising on registered funds under NI 81-106 and 81-102.
• Advising on investment advisory services agreements.
• Supporting structuring, development and distribution of products in Canada and abroad.
• Regulatory and compliance support with OSC, SEC, and NFA.
• Support corporate governance for Neuberger Berman Canada ULC board.
• Negotiating service provider and counterparty agreements.
• Reviewing RFPs, client questionnaires and marketing materials.
• Collaborating with Legal and Compliance and other control functions.
• Supervising outside counsel.

Skills

Regulatory compliance

Financial services

Governance

Negotiation

Communication

Multitasking

Education

Law degree / regulatory experience

Job description

Responsibilities

• Structuring, forming, advising and providing ongoing support with respect to all aspects of private funds, including open-ended funds, closed-end funds and funds-of-one
• Structuring, forming, advising and providing ongoing support with respect to all aspects of registered funds pursuant to National Instruments 81-106 and 81-102
• Advising on the provision of investment advisory services to institutional, intermediary and private wealth managed account clients, including negotiating investment advisory agreements
• Advising with respect to the structuring, development and distribution of products and investment vehicles in Canada and outside Canada
• Supporting Ontario Securities Commission (OSC), U.S. Securities and Exchange Commission and U.S. National Futures Association-related regulatory and compliance matters
• Supporting corporate governance matters, including support for bi-annual board meetings of the Board of Directors of Neuberger Berman Canada ULC
• Negotiating agreements with service providers and counterparties
• Reviewing requests for proposals (“RFPs”), client questionnaires and marketing materials
• Working closely with the Legal and Compliance Department globally as well as other control functions
• Supervising and working effectively with outside counsel

The position is located in Neuberger’s Toronto office.

Qualifications

• At least 6-10 years’ experience, including 5+ years with a large law firm
• Extensive knowledge of Canadian National Instruments 31-103, 45-106, 81-102 and 81-106 and applicability of other regulatory frameworks to private funds, registered funds, separate accounts and regulatory and compliance matters
• Knowledge of the U.S. Investment Advisers Act of 1940 and U.S. Commodity Exchange Act (and associated CFTC/NFA issues) preferred but not required
• Strong organizational skills and ability to multi-task
• Ability to communicate effectively with senior management and investment professionals
• Efficient and resourceful, able to work independently, handle multiple and changing priorities, and meet deadlines

Compensation Details

The salary range for this role is $255,000-$295,000.

This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs.

This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package.

We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Equal Opportunity Employer

Neuberger is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact [e-mail]. Learn about the Applicant Privacy Notice.

About Neuberger

Founded in 1939, Neuberger is a private, independent, employee-owned investment manager. From offices in 40 cities worldwide, the firm manages $567 billion in client assets (as of March, 2026) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally. Tenured, stable and long-term in focus, the firm has built a diverse team—including 790-plus investment professionals and more than 2,900 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by Pensions & Investments as the first or second "Best Place to Work in Money Management” for last eight consecutive years (firms with 1,000+ employees).

Neuberger believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles. For important disclosures: http://www.nb.com/linkedin

Legal and Compliance

LI-MB1

LI-Hybrid Applicants must be authorized and have the right to work in the country where the role is located without the need for current or future sponsorship.