Legal Director – RegCom

IQ-EQ Group

The primary purpose of this role is to take a lead and expert role on the contracting process for the Funds business (both G10 and Sapia, where acting as Manager) from onboarding and beyond, with the aim of ensuring that legal risk is adequately managed according to the regulatory risk environment and the business’s operational needs.

This role will be part of the RegCom funds senior team making decisions on an ongoing basis about strategy, people, processes and clients. This is likely to involve hands-on issue resolution and taking responsibility for delivering projects outside the requirements of the specific job function.

Tasks

1. Lead with clients as the point-person for contracting, including issuing proposals, reviewing and negotiating contracts between the Manager and clients
2. Maintain close relationships with the commercial team to respond to RFPs appropriately and discuss strategy and structuring with clients
3. Member of, with a view to providing advice on legal risk to the ACE (Acceptance, Continuation, Exit Committee)
4. Provide legal advice to the Fund Operations and management team on the set-up, onboarding and compliance of AIFs and managed accounts
5. Review fund documentation from the Manager’s perspective, including offering documents, prospectuses, LPAs
6. Draft and/or review documentation that the manager is required to enter into, including management agreements, delegation agreements, advisory agreements
7. Update and maintain template database
8. Provide ongoing transactional support to the Fund Operations team, review any documentation required for the activity of the client fund/accounts;
9. Provide legal advice on compliance obligations including AIFMD, MiFID II to the operational team, compliance team, and other stakeholders
10. Lead a contract review process to identify any existing gaps in contractual and legal risk, including reporting to Boards on results
11. Member of the AIF Oversight Committee and advise members of legal risk
12. Develop and maintain a full and complete understanding of operational and compliance matters within Fund Management
13. Manage issues and disputes with clients, liaising with Group Legal, insurers, and external counsel where appropriate. Provide advice on litigation risk to Boards
14. Liaise with legal counsel at IQEQ Fund Management in Ireland and Luxembourg to share best practice

Key competencies for position and level (see Group Competency model)

1. Communication and stakeholder management
2. Strong client focus and commercial awareness
3. Gains trust and respect through demonstrating subject matter expertise and solution focus

Key behaviours we expect to see

1. Excellent judgement and attention to detail
2. Positive attitude to problem solving
3. Ability to learn the business
4. Manage stakeholder expectations
5. Determined, focused, energetic

Qualifications

Required Experience

1. 2.1 or above degree from a recognised university.
2. Qualified as a solicitor in England and Wales
3. At least five years of post-qualification experience in a combination of top-tier law firm/ in-house financial services organisation.
4. Working knowledge of the asset management and/or alternative asset industries, in particular private funds.
5. Experience advising regulated boards
6. Strong commercial contract negotiation experience including outsourcing agreements, SAAS, data and tech agreements and strong understanding of GDPR, DORA, and evolving reg-tech sector.
7. Knowledge of the UK and European regulatory landscape as it pertains to AML, AIFMD, UCITS and MiFID

Preferred Experience

1. Experience in senior leadership position
2. Experience working directly with FCA
3. Experience in multinational organisation