Who Is Western Asset
Western Asset Management focuses on supporting our clients’ financial goals and creating positive outcomes for all kinds of people. Primarily a globally integrated fixed-income manager, we source ideas and investment solutions worldwide, with an emphasis on long-term fundamental value investing, using multiple diversified strategies.
The Corporate Counsel is responsible for supporting all aspects of the Firm’s legal requirements. As part of a small legal team, your scope of projects will be broad and your impact immediate. We value collaboration and collegiality, the ability to build strong partnerships across the organization and a thoughtful and diplomatic approach to addressing a wide array of legal issues. To succeed in this role, you possess an entrepreneurial mindset, along with the professional experience to navigate the demands of a highly regulated global business.
What You Will Do
- Provide advice related to fund launches, new investment products, research projects, technology initiatives and support of new areas of the business.
- Leverage your expertise in the Investment Advisers Act, the Investment Company Act and general securities laws to advise our global business.
- Draft, negotiate and review investment management agreements and guidelines, at account inception as well as during account transitions and modifications.
- Draft, negotiate and review counterparty trading and derivatives agreements, including ISDAs, MSFTAs, MRAs and CDEAs.
- Advise investment professionals on a day-to-day basis on trading and investment issues, including corporate restructurings, bondholder committees, structured products, M&A activities and handling of MNPI.
- Provide advice on general matters relating to vendor contracts, data protection, privacy and other miscellaneous in-house matters.
- Contribute to responses for marketing questionnaires and other client service deliverables, including Request for Proposals (RFP) and Request for Information (RFI).
- Assist with firm registrations, including the Firm’s SEC Form ADV.
- Support special and ad-hoc projects as assigned, which may be global in nature.
What You Will Bring
- A minimum of seven years of law firm experience, California bar admission, ABA accredited school; Am Law 100 experience a plus.
- Previous experience with investment management matters, federal securities laws, and current laws and regulations governing private and public funds and investment managers.
- Knowledge of fund formation, derivatives and counterparty agreements.
- Ability to multitask and prioritize in a fast-paced environment.
- Self-starter with a desire to learn and build strong relationships both internally and externally.
- Passionate about the legal industry, creative, resourceful and, above all, client-focused.
- Service-oriented attitude, with ability to provide timely responses to business requests.
- Demonstrated business acumen with ability to inspire trust and confidence with stakeholders.
Expected base salary for the role will generally be between $165,000 and $210,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include other forms of compensation such as, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
About Western Asset
At Western Asset we’re saying hello to the future. Committed to being the leading fixed-income investment management firm in the world, we’re investing in new technologies, methodologies and markets. We’re also investing in our people. Our business is guided by a belief in doing the right thing: that if we treat our clients and colleagues with fairness and respect, success will follow. We’re building on our reputation and resources with an entrepreneurial approach that drives innovation. Every day is an opportunity for us to get better by making the most of the possibilities that our people and ideas can bring.
Our Commitment to Diversity
We believe a diverse and cohesive workforce promotes the formation of different ideas and viewpoints, enhances independent thinking, and helps create a work environment where the best ideas are identified and implemented. We are committed to unlocking the power of diversity through an inclusive environment that affords everyone the opportunity to develop individually, advance professionally and participate fully in the Firm’s success.
EQUAL EMPLOYMENT OPPORTUNITY ("EEO")
Western Asset Management is an Equal Opportunity/AffirmativeAction Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, age, marital status, medical condition (including pregnancy and related conditions), physical or mental disability, protected veteran status, and/or any other characteristic protected by law.
Link to Equal Employment Opportunity Statement
Link to Pay Transparency Notice
Link to Equal Employment Opportunity Poster
Link to Equal Employment Opportunity Poster Supplement
Link to Vietnam Era Veterans Readjustment Assistance Act
Join our talent pool
We’re always on the look-out for creative, curious, collaborative, and entrepreneurial individuals. Even if you don’t see any current opportunities that match your skills, we’d still like to hear from you. Sign up for our Talent Pool and we’ll get in touch when something suitable comes up.
Register today and build your own searchable profile ready for our hiring managers to view. All you need is a few basic details and an up-to-date copy of your resume ready to upload. We support .rtf, .docx, .doc, .txt and .pdf files, provided they are smaller than 2MB.
