Retail Brokerage Associate General Counsel

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Role is responsible for providing legal and regulatory advice to retail broker-dealer and investment adviser affiliates related to the regulation of securities products and investment advisory services to business constituents. The role may also be asked to provide legal advice to an affiliated insurance agency.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job.  Other duties may be performed, both major and minor, which are not mentioned below.  Specific activities may change from time to time.  

1.            Provide legal and regulatory advice relating to all ongoing activities of Truist Bank’s affiliated retail broker-dealer, registered investment adviser and insurance agency.

2.           Provide counsel to the line of business, compliance and regulatory reporting functions in the drafting of disclosures, and providing responses to regulatory inquiries

3.           Take responsibility for and manage the resolution of complex legal issues where analysis requires identification and evaluation of multiple factors

4.           Coordinate with management and other members of the legal and compliance departments to support resolution of complaints, arbitrations, litigation and other legal matters.

5.           Conducting and/or coordinating legal research with regard to retail broker-dealer, registered investment adviser and insurance laws, rules and regulations (SEC, FINRA, and state law) rules regarding suitability, best interest, supervision, books and records issues, client transaction requirements, and other topics relevant to supporting the business needs of a nationwide retail broker-dealer, registered investment adviser and insurance agency.

6.           Interface on a continuous basis, with colleagues in legal, compliance, supervision, finance, risk, and other control teams to maximize efficiencies, develop cross-business best practices and facilitate resolution of issues

7.           Coordinate with applicable stakeholders to provide legal analysis and advice with respect to new and existing laws, the development/enhancement of processes and procedures, the drafting of disclosures, and regulatory examinations, audits, and inquiries

8.           Provide counsel with respect to applicable state laws and regulations, including securities and insurance licensing requirements

9.           Provide counsel with respect to compliance with Regulation Best Interest, Form CRS, FORM ADV requirements and the SEC RIA Marketing Rule

10.         Fully support the separate Broker Dealer, RIA and Insurance Agency corporate secretarial functions, including drafting of agenda, resolutions and review of minutes.

11.         Educate business partners and work cross-functionally with compliance, supervision, risk and business partners to facilitate compliance with all applicable laws, rules and regulations

12.         Review and draft agreements, memoranda, disclosures, policies and procedures and other documentation relating to the sale and offering of securities and insurance products and RIA channel investment advice

13.         Review and provide advice on communications to sales force, customers, and distribution partners relating to regulatory, operational, financial, and administrative aspects of the business

14.         Partner with senior business management and operations personnel apprised of pertinent legal and regulatory developments

15.         Participate in and lead departmental and cross-functional working groups in identified areas of legal expertise or development

QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1.    Juris Doctorate degree from an ABA accredited law school and licensed to practice law in good standing
2.    8 years of post-bar experience in a law firm, government, and/or corporate settings.
3.    Possess superior written and verbal communication skills
4.    Ability to prioritize matters, utilize time management skills, and move between matters fluidly
5.    Ability to handle a heavy workload, manage stress effectively and meet critical deadlines
6.    Able to work autonomously without close supervision
7.    Team-oriented mentality and excellent interpersonal skills
8.    Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Preferred Qualifications:

1. Significant experience at a sophisticated law firm or in-house counsel with securities regulatory legal experience

2.  Demonstrated knowledge of state and federal securities laws and regulations, including FINRA Rules and Securities and Exchange Act of 1940

3.  Prior experience involving state insurance and other laws and regulations applicable to insurance/annuities, including familiarity with NAIC Models

OTHER JOB REQUIREMENTS / WORKING CONDITIONS

Sitting
Occasionally (Less than 25% of the time)
Standing
Occasionally (Less than 25% of the time)
Walking
Occasionally (Less than 25% of the time)     
Bending
Occasionally (Less than 25% of the time)
Lifting
Up to 10 lbs.
Visual / Audio / Speaking
Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.
Manual Dexterity / Keyboarding 
Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
Availability
Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
Travel
Up to 25%

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the LawPay Transparency Nondiscrimination ProvisionE-Verify