Senior Counsel – Public Funds & Asset Management (Remote)

PTMA Financial Solutions; Naperville (IL); On-site; USD 160,000 - 195,000; Full time

Job summary

PTMA Financial Solutions, a provider of treasury and liquidity management for public sector clients, seeks a senior legal professional to manage fund documents, LGIP agreements, and regulatory compliance. You will work with portfolio management, operations, and compliance teams to ensure accurate disclosures and robust policies.

The role requires a J.D. from an accredited school, active bar status, and 5–8 years’ relevant experience in investment adviser or asset management settings, with

Qualifications

• J.D. from an accredited law school.
• Active license to practice law in good standing.
• 5–8 years of relevant legal experience at a law firm or financial institution.
• Experience with Investment Company Act and Investment Advisers Act matters.
• Experience drafting and maintaining fund documents and advisory agreements.

Responsibilities

• Draft, review, and negotiate LGIP-related agreements and fund documents.
• Prepare disclosures, information statements, and policies for pools and programs.
• Draft policies, guidelines, and operating procedures for pools; align with Rule 2a-7.
• Coordinate with board materials, legal summaries, and meetings.
• Advise on compliance, regulatory matters, and examiner inquiries.
• Provide practical legal advice to portfolio management and operations teams.
• Collaborate with Compliance on Form ADV and SEC rules.
• Review marketing materials and client communications for legal considerations.
• Manage outside counsel and monitor project budgets and timelines.
• Assist with regulatory examinations and inquiries as needed.

Skills

Investment Advisers Act 1940

Fund documentation

Rule 2a-7

Draft agreements

Regulatory compliance

Outside counsel management

Communication

Attention to detail

Ethical judgment

Microsoft Office

Education

Juris Doctor (J.D.)

Active state bar license

5–8 years relevant legal experience

Investment Company Act / Advisers Act experience

Fund documents experience

Tools

Legal research tools

Job description

PTMA Financial Solutions, a provider of treasury and liquidity management for public sector clients, seeks a senior legal professional to manage fund documents, LGIP agreements, and regulatory compliance. You will work with portfolio management, operations, and compliance teams to ensure accurate disclosures and robust policies.

The role requires a J.D. from an accredited school, active bar status, and 5–8 years’ relevant experience in investment adviser or asset management settings, with