Assistant General Counsel — Investments (New York)

Position Title

Assistant General Counsel — Investments

Bessemer Trust is seeking an attorney with asset management experience to join the firm’s Legal Department. The Assistant General Counsel will support an investment platform consisting of registered and private fund vehicles and separately managed accounts for a privately‑held wealth management firm. The role is ideal for a motivated attorney who excels in a collaborative, client‑centric environment and has general corporate experience.

Key Responsibilities

• Provide legal advice and support on all aspects of day‑to‑day operations and governance for Bessemer Trust’s private and registered funds.
• Provide legal advice and support with respect to Bessemer Trust’s Family Company Advisory services.
• Advise investment teams on legal and regulatory issues relating to trading and operational matters.
• Advise on, review, and oversee the preparation and filing of various regulatory filings and reports (Forms ADV, CRS, Reg D, 13H, 13F) under the Securities Exchange Act of 1934 and the Investment Advisers Act of 1940.
• Draft, review, and negotiate investment‑related documents, including non‑disclosure agreements, sub‑adviser agreements, model provider agreements, mutual fund distribution agreements, limited liability company agreements, offering memoranda, registration statements, 10b5‑1 trading plans, private placement agent agreements, and other legal documents.
• Advise on, review, and oversee real‑estate lease agreements and related property matters, ensuring alignment with Bessemer Trust’s real‑estate objectives.
• Collaborate with compliance professionals on policies and procedures in core areas of focus.
• Stay current on industry trends, regulations and best practices related to core areas of focus and contribute to regulatory change management efforts.
• Coordinate with external legal counsel and other service providers as necessary.
• Assist with and/or take the lead on special projects and assignments as needed.

Qualifications

• JD from an accredited law school; member in good standing of the New York bar required.
• 5+ years of professional experience, including 3+ years working with asset‑management vehicles and products (alternative and registered investments) at a law firm, bank, asset manager, or broker‑dealer.
• Experience in fund structuring and formation, drafting and reviewing offering documents for alternative and registered funds, and advising on issues related to the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Securities Act of 1933, the Exchange Act of 1934 and FINRA rules.
• Experience with commercial real estate, negotiating contracts and familiarity with cross‑border asset‑management offerings a plus.
• Excellent analytical, written and oral communication skills; ability to distill complex concepts into discernible terms.
• Prudent and practical judgment and high level of integrity.
• Proactive approach with ability to collaborate effectively with cross‑disciplinary teams; excellent interpersonal and client‑service skills.
• Ability to handle multiple tasks and prioritize effectively.
• Ability to think strategically and critically to solve issues with innovative solutions, and with the focus and agility to drive execution on key priorities.

Base Salary and Incentive Compensation

The base salary range for this position is $225,000 - $265,000 per year.

In addition to base salary, the position may be eligible to participate in the relevant business unit’s incentive compensation plan and other compensation programs as applicable.

Benefits

Eligible employees may participate in a 401(k) program with a generous profit‑sharing contribution, medical, prescription dental, and vision coverage; life insurance; disability coverage; paid holidays; vacation; and sick time, subject to plan terms and company policies.

Employee Rewards and Additional Benefits

We provide exceptional rewards and benefits that are among the best in the industry, including competitive base salary plus discretionary annual bonus for select positions, 401(k) plan with generous profit‑sharing contribution, personalized development and career opportunities including tuition reimbursement support, comprehensive medical, dental, and vision plans with zero employee contributions, employee assistance and wellness programs, hybrid work environment (60% in office, 40% remote for most positions), paid time off and parental leave, employer‑paid life insurance and short‑and‑long‑term disability coverage, and legal services and financial wellness plans at no cost to employees.

EEO and Equal Opportunity Statement

Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.