Vice President II - Counsel — Institutional Asset Management

Voya Investment Management; Boston (MA); On-site; USD 200,000 - 230,000; Full time

Benefits offered by this job

Health insurance

401(k) matching

Tuition reimbursement

Paid time off

Job summary

Voya Investment Management seeks an experienced attorney to join the Legal Department, supporting its institutional asset management platform. The role partners with portfolio managers, product teams, and client onboarding to handle regulatory and transactional matters across asset classes and clients.

Ideal candidates have a J.D. and bar admission, 6–12 years of relevant experience, and a background in insurance asset management or related regulatory work.

Qualifications

• J.D. from an accredited law school and active bar membership in good standing.
• Approximately 6–12 years of relevant legal experience, gained at a leading law firm, in-house legal department, or a combination of both.
• Substantive experience with institutional asset management, including exposure to a range of asset classes and client types.
• Experience with insurance asset management strongly preferred, including familiarity with insurance company balance sheet investing and related regulatory considerations.
• Experience with investment transactions, such as structured debt investments, private credit, direct investments, or investment restructurings.

Responsibilities

• Support investment advisory activities across a variety of platforms, including insurance company general accounts, private funds, CITs, separately managed accounts, commingled funds, and pension/retirement products.
• Support strategic investment transactions, including structured investments, direct investments, and co-investments, from due diligence through closing.
• Advise portfolio management teams on legal and regulatory considerations relevant to insurance company balance sheet investing and affiliated accounts.
• Draft, review, and negotiate investment management agreements, confidentiality agreements, and client/investor-related documents.
• Coordinate with outside counsel on transactional and regulatory matters.
• Support regulatory and compliance matters relevant to the asset management platform, including Advisers Act, FINRA, ERISA.
• Partner with Compliance and Risk Management to assess legal/regulatory risks.
• Assist with regulatory examinations and responses as required.
• Collaborate across Legal, Compliance, and business teams on cross-functional initiatives.

Skills

Drafting & negotiation

Analytical skills

Communication skills

Collaboration / teamwork

Regulatory understanding

Education

J.D. from an accredited law school

Active bar membership in good standing

Job description

Together we fight for everyone’s opportunity for a better financial future. We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today. Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with – and those we acquire throughout our lives – are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision. Are you ready to join a company with a strong purpose and a winning culture?

Position Overview

Voya Investment Management is seeking an experienced attorney to join the Legal Department supporting its institutional asset management business. This attorney will serve as a key partner to investment portfolio managers, product teams, client onboarding teams, and business leaders, and will provide legal support across the institutional asset management platform. The position requires a solid understanding of institutional asset management, private and public markets, investment advisory businesses, and the legal and regulatory frameworks applicable to asset management and institutional investors. This is an excellent opportunity for an attorney with [6-10] years of relevant experience to take on substantive responsibility within a collaborative, high-performing Legal team at a major institutional asset manager.

Key Responsibilities

• Support investment advisory activities across a variety of platforms, including insurance company general accounts, private funds, collective investment trusts (CITs), separately managed accounts, commingled funds, and pension and retirement-related investment products.
• Support strategic investment transactions, including structured investments, direct investments, and co-investments, from due diligence through closing.
• Advise portfolio management teams on legal and regulatory considerations relevant to insurance company balance sheet investing, including statutory and regulatory considerations applicable to affiliated general accounts and third-party insurance clients.
• Draft, review, and negotiate investment management agreements, confidentiality agreements, and client/investor-related transaction documents for institutional clients.
• Coordinate with and manage outside counsel on transactional and regulatory matters.
• Support regulatory and compliance matters relevant to the asset management platform, including Advisers Act, FINRA regulations, ERISA, and asset management-related regulatory frameworks.
• Partner with Compliance and Risk Management teams to assess and mitigate legal and regulatory risks associated with investment products, investment activities, and strategic initiatives.
• Assist with regulatory examinations, inquiries, and responses as required.
• Collaborate with colleagues across the Legal, Compliance, and business teams on cross-functional initiatives and special projects.

Qualifications

• J.D. from an accredited law school and active bar membership in good standing.
• Approximately 6-12 years of relevant legal experience, gained at a leading law firm, in-house legal department, or a combination of both.
• Substantive experience with institutional asset management, including exposure to a range of asset classes and client types.
• Experience with insurance asset management strongly preferred, including familiarity with insurance company balance sheet investing and related regulatory considerations.
• Experience with investment transactions, such as structured debt investments, private credit, direct investments, or investment restructurings.
• Strong drafting, negotiation, and analytical skills, with the ability to manage multiple matters and deadlines independently.
• Excellent judgment and communication skills, with the ability to convey complex legal and regulatory concepts clearly to business partners.
• A collaborative, team-oriented approach and a demonstrated ability to work effectively across disciplines.

About Voya Investment Management

Voya Investment Management is a leading institutional asset manager, providing investment solutions across public and private markets to institutional and individual clients. The Legal team supporting Voya's institutional asset management business advises on direct investing, insurance asset management, private fund formation, capital-efficient structuring, regulatory matters, and enterprise transactions, working closely with senior business leadership across the platform.

Compensation Pay Disclosure

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities. The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting. Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$200,000 - $230,000

Be Well. Stay Well.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

What We Offer

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time – 40 hours per calendar year

Critical Skills

• Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
• Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
• Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
• Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
• Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Equal Employment Opportunity

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.

Reasonable Accommodations

Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.

Misuse of Voya's name in fraud schemes