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Assistant General Counsel, Mutual Funds

Transamerica
$163,000- $200,000
Posted Jun 26
Full Time
Cedar Rapids, Iowa

Job Family

Legal Counsel

About Us

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information, visit www.transamerica.com.

Who We Are

Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services.

What We Do

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology).

Job Description Summary

The Assistant General Counsel, Mutual Funds will consult and provide legal advice to the organization on complex legal issues. Provide guidance within assigned practice area(s) to in-house constituents. In particular, advise senior management and key business group clients on legal issues arising out of the ongoing operations of the Transamerica Funds Complex, Transamerica Asset Management (TAM), and related service providers and help ensure these activities are conducted in compliance with all applicable laws and regulations. Analyze issues and provide guidance to ensure compliance with all applicable rules and regulations affecting these entities, including the Investment Company Act of 1940, the Investment Advisers Act of 1940 and the Securities Act of 1933.

Responsibilities

Job Description

  • Work on complex legal issues where analysis requires identification and evaluation of multiple factors.
  • Manage legal matters provided to a number of in-house constituents within practice area(s).
  • Advise business on issues impacting significant functional areas of the company.
  • Negotiate discrete disputes within practice area(s).
  • Review and draft documents and templates within practice area(s).
  • Coordinate legal matters handled by outside counsel.
  • Participate in and may lead departmental and cross-functional working groups in identified areas of legal expertise or development.
  • Examples of responsibilities within specific practice areas:
    • Work effectively with business groups, cross-functional teams and fund service providers in the development and management of investment companies (mutual funds and ETFs), collective investment trusts and other advisory services offered by TAM;
    • Prepare and review board materials and minutes for the Transamerica Funds Complex;
    • Prepare and review registration statements, periodic reports, proxy statements and other related filings. Handle other disclosure related matters, as assigned;
    • Negotiate and review contracts and agreements, including investment advisory agreements, sub-advisory agreements, expense limitation agreements, transfer agent agreements, underwriting agreements and third-party service provider agreements; and
    • Closely coordinate with compliance team in drafting and reviewing comprehensive compliance policies and procedures for the Transamerica Funds, TAM and related service providers.

Qualifications

  • JD from an ABA accredited law school
  • A minimum of 8 years of relevant legal experience
  • Licensed or eligible to practice in the applicable state
  • Ability to effectively communicate, both written and oral, with the intended audience
  • Ability to exercise sound judgment in a fast paced environment
  • Excellent interpersonal and communication skills, including an ability to work with all levels of staff in a professional manner.
  • Ability to exercise agility and adaptability in providing legal advice
  • Comfortable in a rapidly changing corporate environment

Preferred Qualifications

  • Must have in-depth knowledge of the Investment Company Act of 1940, Investment Advisers Act of 1940, the Securities Act of 1933 and the Securities Exchange Act of 1934, and their related rules and regulations.
  • Ability to influence strategic direction, complete complex assignments and provide comprehensive solutions to complex problems.
  • Excellent analytical, drafting, problem solving and organizational skills; Ability to handle competing demands and priorities.
  • Membership in a state bar in good standing
  • Proficient using MS Office

Compensation

  • Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.

The Salary for this position generally ranges between $163,000 - $200,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

Our commitment to inclusion & diversity means that we value differences. We encourage the unique perspectives of individuals and are dedicated to creating a respectful and inclusive work environment.

_This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

_ What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits

  • Competitive Pay
  • Bonus for Eligible Employees

Benefits Package

  • Pension Plan
  • 401k Match
  • Employee Stock Purchase Plan
  • Tuition Reimbursement
  • Disability Insurance
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Employee Discounts
  • Career Training & Development Opportunities

Health and Work/Life Balance Benefits

  • Paid Time Off starting at 160 hours annually for employees in their first year of service.
  • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
  • Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
  • Adoption Assistance
  • Employee Assistance Program
  • College Coach Program
  • Back-Up Care Program
  • PTO for Volunteer Hours
  • Employee Matching Gifts Program
  • Employee Resource Groups
  • Inclusion and Diversity Programs
  • Employee Recognition Program
  • Referral Bonus Programs
  • Peer Recognition Program (BRAVO)
  • As of December 31, 2022

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

https://www.transamerica.com/why-transamerica/aegon-transamerica-foundation

Transamerica’s Parent Company

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 29.5 million people across the globe. It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.