Legal Lead

Ameriprise Financial Services LLC has an exciting opportunity for a Legal Affairs Manager position in the General Counsels Office (GCO) Advice and Wealth Management Practice Group, supporting the company s advisory products and services for retail customers. This position will support the Retail Investment Advice Legal team and will work on cutting edge, innovative products and services that represent the core value proposition of our business. Specifically, this role will provide legal support on managed account offerings, including discretionary and non-discretionary accounts, as well as Ameriprises core value proposition of providing goal-based advice in one of two ways: Comprehensive Advice or Foundational Advice.

Key Responsibilities

• Issue spotting and application of the federal securities laws impacting all aspects of retail investment advice, including Regulation Best Interest, the Investment Advisers Act and applicable FINRA rules and state securities regulations.

• Conduct legal, factual and benchmarking research and prepare summaries of risk/legal analysis.

• Review marketing, training and other field facing materials.

• Assist with drafting various client facing disclosures and agreements to support new products/services and to address regulatory changes.

• Prepare and file updates to Forms ADV and BD

• Maintain records, procedures and processes for maintaining agreements, disclosures and filings.

• Support the conflicts of interest program by monitoring and documenting conflicts of interest and associated controls.

• Cultivate and promote relationships with key business partners.

• Foster and promote a culture of compliance

• Collaborate with Compliance personnel on relevant compliance related matters.

Required Qualifications

• Graduation or any equivalent degree (3 years)

• 3-5 years relevant experience

• Paralegal Certificate from ABA approved program or equivalent education/experience

• Solid drafting and research skills.

• Solid analytical skills.

• Highly organized and detail oriented.

• Exhibits good working knowledge of products and services and business lines related to area of responsibility.

• Demonstrates increasing depth of knowledge of regulatory framework area of specialty and/or increasing breadth of knowledge in areas within and related to area of specialty.

• Has primary business partner responsibility for particular individuals or issues (more routine in nature).

• Makes decisions quickly and appropriately using extensive expertise.

• Advanced subject matter expertise in business area being supported.

• Ability to learn and utilize new tools and technologies.

Preferred Qualifications

• LLB or equivalent

• Advanced subject matter expertise in retail advice products & services.

• Previous experience negotiating agreements.

• Familiarity with IARD filing system

• Previous experience drafting Form ADV and related regulatory disclosures
  

Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U. S. based financial planning company headquartered in Minneapolis with a global presence. The firm s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You ll also have plenty of opportunities to make your mark at the office and a difference in your community. So if youre talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP.