Senior Counsel – Private Wealth & Regulatory Compliance

AllianceBernstein; Nashville (TN); On-site; USD 180,000 - 240,000; Full time

Job summary

AllianceBernstein is seeking a VP/Counsel – Private Wealth Management to provide practical, business-oriented legal advice to AB's PWM division. You will collaborate with the SVP Head of Private Wealth Management Legal and AB legal, compliance, business, and operations teams on product development, vendor and client agreements, and regulatory considerations.

You will review client communications for complaints, help maintain internal policies, and negotiate material agreements while balancing

Qualifications

• J.D. from an ABA accredited law school and admission to at least one U.S. state bar.
• 5+ years of legal experience with a focus on investment management, private wealth, trusts and estates, and/or financial services.
• Experience with contract drafting and negotiations (e.g., vendor agreements, investment management agreements, client agreements).
• Ability to balance legal risks with commercial considerations.
• Works well independently and as part of a team.
• Strong communication and interpersonal skills. Attention to detail.
• High integrity and sound judgment.

Responsibilities

• Provide legal support of PWM’s operations for AB’s investment adviser and broker-dealer, regarding product development, custody arrangements, credit and lending arrangements, alternative and complex investments, and 401(k) and cash balance plan businesses.
• Perform substantive review of escalated client-related communications, to help assess whether they are considered complaints and any associated obligations.
• Work closely with AB’s compliance team to ensure adherence to applicable laws and regulations (SEC, FINRA, state regulators, etc.).
• Drafting and negotiation of client, vendor, and other material agreements.
• Provide advice and support to PWM business and operations personnel responsible for account opening and operations.
• Perform periodic substantive reviews of client related documentation and agreements.
• Assist with the development and maintenance of internal policies and procedures.
• Special projects as assigned.

Skills

Contract drafting

Negotiation

Regulatory compliance

Communication

Attention to detail

Independent + team work

Education

J.D. from ABA accredited law school

Job description

AllianceBernstein is seeking a VP/Counsel – Private Wealth Management to provide practical, business-oriented legal advice to AB's PWM division. You will collaborate with the SVP Head of Private Wealth Management Legal and AB legal, compliance, business, and operations teams on product development, vendor and client agreements, and regulatory considerations.

You will review client communications for complaints, help maintain internal policies, and negotiate material agreements while balancing