New York Life Insurance Company is the largest mutual life insurance company in the United States. Founded in 1845
and headquartered in New York City, New York Life reported 2017 operating earnings of $2.06 billion. Total assets under
management at year end 2017, with affiliates, totaled $586 billion.
New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the
major ratings agencies: A.M. Best, A++; Fitch AAA; Moody’s Aaa; Standard & Poor’s AA+ (Source: Individual independent
rating agency commentary as of 8/1/17).
Financial strength, integrity and humanity—the values upon which New York Life was founded—have guided the
company’s decisions and actions for over 170 years.
Key Duties and Responsibilities:
• Work closely with multiple internal global business clients on U.S. legal and regulatory issues impacting U.S. investment
managers with a variety of investment disciplines (including equity, fixed income, alternatives).
• Provide legal advice on marketing, promotion, and sales of investment products on a multi-jurisdictional basis.
• Assist in preparation of legal documentation including investment advisory agreements and distribution agreements.
• Research and advise on developments in the law, regulations, and practices relating to the asset management industry
with an emphasis on marketing and advisory laws and regulations in the U.S.
• Familiarity with corporate debt, real estate, and private equity managers preferred.
• JD and admission to the NY Bar are required.
• Attorney with at least 6-8 years of experience working as an investments advisory attorney with a law firm and/or another
asset management environment.
• Familiarity with:
• legal issues relating to U.S. marketing, distribution, and asset management specifically on the institutional side;
• Knowledge/experience involving the Custody Rule
• negotiating and drafting investment management contracts.
• Strong knowledge of the Investment Advisers Act of 1940 and the Investment Company Act of 1940.
• Knowledge of securities laws (including the federal securities laws, FINRA and state securities laws) applicable to
registered investment advisers with U.S. and international products and with advisers licensed in multiple global
• Willingness to learn new areas of the law.
• Superior written and oral communications skills, excellent analytical, problem-solving, and interpersonal skills.
• Proven record of managing multiple projects while meeting deadlines.
• Recognized expert within the company.
• Influences strategy to address internal or external business and regulatory issues.
• Proactively identifies and solves the most complex problems that impact the management and direction of the business.
• Contributes to the development of functional strategy.
• May lead multidisciplinary projects.
• Stays abreast of regulatory issues that have an impact on the business.
• Proactively identifies and solves complex problems; uses innovative methods to think beyond existing solutions.
• Has responsibility for making and driving significant decisions that impact strategy and performance within the asset
• Strong interpersonal skills.