Assoc. GC, International Advisory Investments Attorney


Date: May 6, 2022

Location: New York, NY, US

Company: New York Life Insurance Co



When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.



Associate General Counsel, International Advisory Investments Attorney


This role requires an experienced attorney to support the international activities of multiple affiliated boutique asset managers (“boutiques”) in the New York Life Investments (NYLI) family. NYLI has nine boutiques with offices in the US, UK, EU, Japan, Korea, Australia and the DIFC that distribute a broad array of products and market their advisory services cross-border to investors in foreign countries.  This role is in a group of attorneys that provides support to all boutiques related to their international activities.


Key Duties and Responsibilities:

  • Provide legal advice to the business and boutique counsel on cross-border marketing, promotion and sales of US investment products and provision of advisory services to investors in Asia, Europe, Australia and other jurisdictions
  • Negotiate intra-group distribution agreements, services agreements, investment advisory agreements, and third-party placement agent agreements
  • Assist in preparation and annual update of country specific marketing and advisory guidelines for sales staff.  Advise boutique legal and compliance teams on the implementation and monitoring of these guidelines.  Ensure consistent cross-border marketing approach across boutiques
  • Provide full-service legal support to Japanese and Korean offices in partnership with local counsel
  • Identify, research and advise on domestic and international legal developments, regulations and practices that affect international distribution and provision of investment advice to overseas clients.
    • Support non-US based boutiques that are SEC registered investment advisors on the impact of US laws, ownership, and seed capital in non-US funds
    • Support US-based affiliated asset managers in identifying the impact from foreign investment advisory laws
  • Work closely with internal business clients on regulatory issues, general legal and corporate governance matters related to international operations.  Prepare legal update for board meetings of Asian based boutiques.
  • Support US/AU boutiques seeking to do business in the EU and Asia through EU and Asian boutiques; and support EU and AU boutiques seeking to do business in the US through US boutiques.
  • Support International M&A opportunities


Required Qualifications:

  • JD and admission to the NY Bar
  • Experience working as an investments advisory attorney at a law firm or another asset manager.  Knowledge of the Investment Advisers Act.
  • Experience negotiating intra-group distribution agreements, services agreements, investment advisory agreements, and third party placement agent agreements
  • Strong skills in managing outside counsel and controlling legal spend.
  • Experience working with senior business leaders
  • Attention to detail and ability to manage multiple concurrent projects and demands while meeting deadlines.
  • Willingness to learn laws of jurisdictions other than the U.S.
  • Superior written and oral communications skills, excellent analytical, problem-solving and interpersonal skills.
  • Little to no travel required, however calls outside of normal business hours are necessary for international jurisdictions.


Preferred Skills:

  • Familiarity with:
  • legal issues relating to cross-border marketing, distribution and asset management
  • Locally licensed EU/Japanese/Korean/Australian asset managers
  • South Korean cross-border DIM license
  • US broker dealer laws, ERISA, ’40 Act, and Commodities Exchange Act - CPO/CTA requirements
  • EU fund structures and Asian fund structures
  • EU/Asian laws applying to US advisers offering U.S. products overseas
  • The GDPR and international data privacy considerations
  • EU regulations including MiFID, UCITS, AIFMD, SFDR, CBD, and changes to UK laws post Brexit


Work Schedule:  Hybrid, in the office on Tues, Wed, Thurs and work remote on Mon and Fri




Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of

Job Requisition ID: 86561




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