Managing Director, General Counsel - Chicago, United States - Cresset Capital

Cresset Capital

Verified Company

Chicago, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Job Title:
Managing Director, General Counsel

Location:
Chicago, Illinois

Reports to:
Chief Legal Officer

Company Overview:

Private equity entrepreneurs Eric Becker and Avy Stein founded Cresset Capital Management with a vision to reinvent wealth management and with a firm belief that clients deserve better.

Cresset offers individuals and families access to a comprehensive suite of family office services, deeply personalized wealth management, investment advisory, planning and other services through Cresset Asset Management, an SEC registered Investment Advisor, which has surpassed $40 billion in assets under management.

Cresset Partners, our private investing group, offers clients direct access to real estate, private equity, and other investment opportunities.

Since Cresset's inception in 2017, the firm has grown to over 450 team members in more than twenty offices throughout the United States.

Cresset ranks #9 on Barron's list of the top 100 RIA firms in 2023.

Key Responsibilities:

Oversee the delivery of internal legal services across all departments, ensuring timely and accurate legal advice and support.
Provide strategic guidance and counsel to senior management on legal and regulatory matters.
Manage relationships with external counsel, including selection, engagement, and performance evaluation.
Ensure compliance with all relevant contractual, legal and regulatory requirements, including but not limited to securities laws, investment regulations, employment laws and regulations, and contractual obligations.
Strike a balance between managing risk while also helping the business move forward.
Develop and implement proactive risk mitigation strategies to protect the interests of Cresset and its clients.
Lead and mentor a team of legal professionals, fostering a culture of excellence, innovation, and collaboration.
Drive continuous improvement initiatives to enhance legal processes and procedures, with a focus on efficiency, effectiveness, process improvement and knowledge capture.
Negotiate and draft contracts, agreements, and other legal documents as needed, with an eye for detail and accuracy.
Monitor legal and regulatory developments relevant to the industry, assessing potential impacts and recommending appropriate actions.

Qualifications:

Juris Doctor (JD) degree from an accredited law school.
Good standing membership of a state bar.
Minimum of twenty years of experience practicing law, preferably with a focus on securities, M&A, and/or general corporate.
Strong understanding of legal and regulatory compliance requirements within the fund manager, investment advisory and/or wealth management industry.
Ability to thrive in a fastpaced, dynamic environment, with a strong sense of urgency and attention to detail.
Proven track record of effectively managing and leading a team of legal professionals.
Excellent communication and interpersonal skills, with the ability to interact confidently with internal and external stakeholders at all levels.
Strategic thinker with a resultsdriven mindset and a commitment to delivering highquality outcomes.

What We Offer

Cresset offers a competitive compensation package including a discretionary bonus program and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs.

Aligning employee and organizational interests, all employees receive equity in Cresset.

Equal Employment Opportunity

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law.

It is Cresset's policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.