Company Overview
Soros Fund Management LLC (SFM) is a global asset manager and family office founded by George Soros in 1970. With $28 billion in assets under management (AUM), SFM serves as the principal asset manager for the Open Society Foundations, one of the world’s largest charitable foundations dedicated to advancing justice, human rights, and democracy.
Distinct from other investment platforms, SFM thrives on agility, acting decisively when conviction is high and exercising patience when it’s not. With permanent capital, a select group of major clients, and an unconstrained mandate, we invest opportunistically with a long-term view. Our teams operate with autonomy, while cross-team collaboration strengthens our conviction and empowers us to capitalize on market dislocations.
At SFM, we foster an ownership mindset, encouraging professionals to challenge the status quo, innovate, and take initiative. We prioritize development, enabling team members to push beyond their roles, voice bold ideas, and contribute to our long-term success. This culture of continuous growth and constructive debate fuels innovation and drives efficiency.
Our impact is measured by both the returns we generate and the values we uphold, from environmental stewardship to social responsibility. Operating as a unified team across geographies and mandates, we remain committed to our mission, ensuring a meaningful, lasting impact.
Headquartered in New York City with offices in Greenwich, Garden City, London, and Dublin, SFM employs 200 professionals.
Team Overview
The SFM legal team is a seasoned group of attorneys, paralegals, legal analysts and administrative support professionals. Our goal is to provide timely, business-oriented legal solutions that advance SFM’s business objectives, while protecting its legal and financial interests and reputation. We support all aspects of SFM’s business including providing advice and counsel to senior management, negotiating complex investment transactions, drafting and reviewing contracts, managing disputes and litigation, and ensuring compliance with applicable laws and regulations.
Position Overview
SFM is seeking an experienced, business-minded employment attorney to join its team as an Assistant General Counsel (“AGC”). The AGC will be responsible for advising the firm on all aspects of domestic and international employment law, with the goal of minimizing both legal and reputational risk, as well as protecting the firm’s interests.
Key Relationships
Reports To: General Counsel (“GC”)
Other Key Relationships
- Chief Administrative Officer (“CAO”)Assistant General Counsels
- Chief Operating Officer (“CAO”)
- Global Human Resources Team
- Portfolio Managers and Department Heads
Major Responsibilities
Legal Counsel and Advice:
- Provide strategic and commercial legal advice to the GC, COO, CAO and other cross-functional stakeholders and senior leaders on a broad range of employment matters including but not limited to; hiring/on-boarding, wage and hour laws, workers compensation, performance management, investment and non-investment compensation structure, benefit plan construction and compliance and leaves of absence and other workplace policies.
- Draft and review global offer letters, Portfolio Manager Agreements, Separation Agreements, Severance Agreements and other employment and HR related Agreements to minimize complexity, mitigate risk and ensure consistency with relevant laws, regulations and Firm policies.
- Primary ownership of the firm’s Employee Vesting Plan, Severance Pay Plan and Global Partnership Agreements.
- Partner with the CAO and HR team and advise on potential risks associated with non-competes, non-solicits and non-disclosure provisions applicable to incoming employees relating to their former employment.
- Oversee and manage all active and threatened employment related litigation, including responding to pleadings, 3rd party subpoenas or other discovery demands and collaborating and liaising with external counsel as needed.
- In all matters manage outside counsel and effectively intermediate between outside counsel and internal clients.
Employee Relations And Employee Compliance Management
- Monitor and advise on compliance with federal, state and local employment laws, including with respect to wage and hour regulations, family and medical leave laws, anti-discrimination laws, GDPR and global privacy laws and legal and contractual obligations around disclosure of confidentiality and proprietary information.
- Maintain, review and revise (as necessary) the firm’s employee handbook and other on-boarding documentation.
- Serve as legal advisor to the firm’s ERISA governed 401K Committee; manage and oversee the preparation of the required legal testing and filings, including annual non-discrimination testing and the completion and submission of the form 5500.
- Partner with HR to develop and implement company policies and procedures to ensure legal compliance and consistency across the globe, where possible.
- Facilitate training sessions for HR, Senior business leaders and employees on key employment law topics, including annual sexual harassment training, to raise awareness and mitigate employment related legal risk.
- Partner with HR to investigate and address employee concerns regarding any workplace issues.
- Provide strategic advice and counsel to the firm’s senior leaders, department heads and managers around terminations.
- Remain current of industry practices, peer benchmarking and relevant legislative proposals and enactments.
In addition to the above Major Responsibilities, the successful candidate will partner with the GC, COO and CAO on various other ad-hoc specialized projects, as needed, including active participation with the other Assistant General Counsels on general legal team initiatives and client coverage. The successful candidate will also be willing to take on, lead and add value to other non-legal HR workstreams and processes. Additionally, the successful candidate will provide HR legal support and coverage to certain family members household staff and employees.
Requirements - J.D. with significant academic achievement
- Active bar membership in good standing in at least one U.S. jurisdiction (New York preferred)
- Minimum of 7 years of relevant legal experience in the employment space.
- Experience will have been gained at either a top-tier law firm and/or as an in-house attorney with a financial services institution or private investment firm.
- The successful candidate should ideally also have:
- Excellent grounding in employment law, and commensurately significant first-hand drafting and negotiation skills.
- Outstanding intellectual ability, attention to detail, judgment and work ethic.
Interpersonal Competencies And Success Factors
- Outstanding written and oral communication skills, including strong drafting skills and attention to detail in the context of complex partnership and other documents
- Strong business acumen and the ability to understand the business consequences of legal advice
- Possess practical business judgment, the ability to communicate complex legal issues clearly and succinctly, and the ability to assess the trade-off between legal and reputational risk and business reward
What We Offer
We anticipate the base salary for this role will be in the range of $200,000 and $250,000. In addition to a base salary, the successful candidate will also be eligible to receive a discretionary year-end bonus, as well as other benefits.
In all respects, candidates need to reflect the following SFM core values:
Integrity // Teamwork // Smart risk-taking // Owner’s Mindset // Humility
