Director Legal Counsel: Investment Company Attorney

Your Opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

As an industry leading investment adviser, Charles Schwab Investment Management, Inc. (CSIM dba Schwab Asset Management) is a subsidiary of The Charles Schwab Corporation and serves as the investment adviser to the Schwab Funds, Schwab ETFs, Schwab Bank collective trust funds, and a variety of separately managed account strategies.  With over $1.5 trillion in assets under management, CSIM aims to deliver exceptional experiences to investors and the financial professionals who support them.

What you have

• Juris Doctor (JD) from a top-tier law school or a top degree from a leading university and active membership in a state bar.

• 5-10 years legal experience in a large broker-dealer or asset management firm.  Law firm experience in a practice related to financial services or practical business experience or experience with a relevant regulatory agency, including the U.S. Securities and Exchange Commission, may be substituted for in-house experience.

• Strong drafting skills and attention to detail.

• Ability to identify and analyze contractual issues and provide solutions.

• Developed negotiation skills and a willingness to engage with counterparties.

• Excellent oral and written communication skills. Ability to present to senior leaders in Legal and key partners.

• Ability to work on multiple projects, prioritize activities, and meet deadlines with strong organizational skills. 

• Must be a self-motivated professional with excellent people skills and able to work independently.

• Authorization to work in the U.S. now and in the future without requiring sponsorship for a U.S. work visa.

What you'll do:

• Preparation and filing of prospectuses and registration statements.

• Advise on the legal and regulatory requirements for registered funds, including money market funds subject to Rule 2a-7.

• Draft and negotiate agreements with third party service providers. 

• Draft and negotiate repurchase agreements.

• Assist with preparing annual, quarterly, and current reports.

• Provide legal guidance on related marketing or disclosures, and on policies and procedures. 

• Monitor regulatory developments applicable to registered funds and advise the business on the impact. 

• Work with and manage outside counsel.

• Build and maintain strong partnerships with the relevant business teams and compliance and legal colleagues to ensure clear alignment and priorities within the appropriate legal and regulatory framework. 

• Work cross-functionally with attorneys on other Schwab legal teams and keep internal partners updated on important industry and product-related developments.

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.