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Associate General Counsel- Investment Transactions

  1. OFFICE OF THE COMPTROLLER
Posted on: 09/22/2023
  1. Full-time

Location

MANHATTAN

  1. No exam required

Department

General Counsel

$120,000.00 – $135,000.00

Job Description

This vacancy has now expired.

The Office of General Counsel (OGC) is responsible for all legal matters relating to the activities of the Comptroller’s Office. This includes transactions for the five New York City Retirement Systems (Systems) and their public market and private market investments, accounting practices and disclosures, procurement rules and City contracts, settlement of claims brought on behalf of and against the City, prevailing wages on City projects, records access, public policy, and proposed federal, state, and local legislation. OGC interacts with many city agencies, including the New York City Law Department and works closely with all the divisions within the Comptroller’s Office, including the Bureau of Asset Management (BAM), which is responsible for oversight of the approximately $210 billion investment portfolios.

Under the direction of the General Counsel, reporting directly to the Deputy General Counsel for Investment Transactions, with wide latitude to exercise legal knowledge, judgment, and experience, the selected attorney will work with BAM related to investments of the Systems including (i) private market commingled funds and separately managed accounts in private equity, hedge funds, real estate, infrastructure and opportunistic fixed income, and (ii) arrangements with external managers of publicly traded equity and debt. Responsibilities include, but are not limited to, the following:

- Negotiate, draft, and review a variety of documents with respect to complex private markets transactions, including limited partnership agreements, side letters and subscription documents

- Negotiate, draft, and review a variety of documents with respect to complex public markets transactions including investment management agreements, requests for proposals, and consultant agreements

- Work closely with other Comptroller’s Office staff members of OGC and BAM to identify and resolve important legal, contracting, and policy issues, including development and execution of internal policies and procedures

- Manage, supervise and direct outside counsel on all new private markets transactions

- Review the Systems’ board and internal governance and investment guideline materials as relevant to transactional work

- Provide legal counsel on a wide range of significant legal and regulatory matters as they relate to pensions transactions, conflicts of interest and prohibited conduct, and BAM’s day-to-day operations and,

- Perform related assignments and special projects as may be required.



MINIMUM QUALIFICATION REQUIREMENTS

Admission to the New York State Bar and five (5) or more years of full-time relevant legal experience subsequent to admission to any bar, 4 years of which must be performing complex and significant transactional legal work, drafting and negotiating transactional documents and managing and leading transactions, preferably including private fund investments and/or government contracts.

Incumbent must remain a member of the New York State Bar in good standing for the duration of this employment.


PREFERRED SKILLS IN ADDITION TO MINIMUM QUALIFICATIONS

- Experience with private market investment transactions

- Experience working in the investment/contracts departments of pension systems or other institutional investors, investment funds, or law firms

- Experience working on complex finance transactions, preferably working in a law firm

- Ability to work under pressure in a fast-paced environment, both independently and collaboratively, with excellent interpersonal, time-management, conflict management, and negotiation skills

- Excellent organizational skills and demonstrated project-management skills involving numerous personnel within and outside of the organization

- Exceptional oral communication and writing skills, including proficiency with Microsoft Office and,

- Demonstrated ability to analyze and communicate complex legal issues to various audiences.


TO APPLY, GO TO: Employment Opportunities at www.comptroller.nyc.gov

The selected candidate will be subject to the financial disclosure requirements of the office’s Personal Trading Policy.

Note: We appreciate every applicant’s interest; however, only those under consideration will be contacted. Certain residency requirements may apply. Vacancy notices listed as “Until Filled” will be posted for at least five workdays.


Minimum Qualifications

Admission to the New York State Bar; and four years of recent full-time responsible, relevant, satisfactory legal experience subsequent to admission to any bar, eighteen months of which must have been in the supervision of other attorneys, in an administrative, managerial or executive capacity, or performing highly complex and significant legal work.

Incumbents must remain Members of the New York State Bar in good standing for the duration of this employment.


Preferred Skills

- Experience with private market investment transactions - Experience working in the investment/contracts departments of pension systems or other institutional investors, investment funds, or law firms - Experience working on complex finance transactions, preferably working in a law firm - Ability to work under pressure in a fast-paced environment, both independently and collaboratively, with excellent interpersonal, time-management, conflict management, and negotiation skills - Excellent organizational skills and demonstrated project-management skills involving numerous personnel within and outside of the organization - Exceptional oral communication and writing skills, including proficiency with Microsoft Office and, - Demonstrated ability to analyze and communicate complex legal issues to various audiences.
Public Service Loan Forgiveness

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.
Residency Requirement

New York City Residency is not required for this position
Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

Job ID

606286

Title code

95005

Civil service title

EXECUTIVE AGENCY COUNSEL

Title classification

Non-Competitive-5

Business title

Associate General Counsel- Investment Transactions

  1. Manager

Job level

M4

Number of positions

1

Work location

1 Centre St., N.Y.

  1. Legal Affairs

Associate General Counsel- Investment Transactions

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