TTSTC - Assistant General Counsel

TTSTC - Assistant General Counsel(00041611)

Organization

TREASURY SAFEKEEPING TRUST COMPANY

Primary Location

Texas-Austin

Work Locations

Thomas J Rusk Building200 East 10th StreetAustin78701

Legal

Employee Status

Regular

Schedule

Full-timeStandard Hours Per Week : 40.00

Travel

Yes, 10 % of the TimeState Job Code : 930USalary Admin Plan : BGrade : 32

Salary (Pay Basis)

15,834.00-16,667.00(Monthly)

Number of Openings

Overtime Status

Exempt

Job Posting

Apr 24, 2024, 12 : 45 : 27 PM

Closing Date

Ongoing

Description

Applications must be filed at

About the Comptroller’s Office

Innovation, collaboration, and a commitment to excellence best describes the culture here at the Comptroller’s Office. We take pride in the work we do serving as Texas' accountant, tax collector, treasurer, and much more!

Culture

Our agency workforce is as diverse as the people of Texas we serve. We value our employees and take very seriously our collective commitment to public service.

Personal development opportunities are strongly encouraged through available workshops, teambuilding exercises, and on the job training.

We offer flexible scheduling that helps employees maintain a healthy work-life balance. If you are seeking to gain knowledge, build your career, and network among goal-oriented professionals, this is the place for you!

Click to see an inside look at the Texas Comptroller’s office! Clickto see a video from the Texas Treasury Safekeeping Trust Company!

General description

Join the Texas Treasury Safekeeping Trust Company as an Assistant General Counsel! Work involves performing highly advanced (senior-level) legal analysis work.

• Working within the TTSTC Legal Department, the Assistant General Counsel manages legal and investment work which involves assisting with directing and planning the agency’s legal activities;
• interpreting laws, regulations, and rules; preparing legal documents; rendering legal advice and counsel; consulting with attorneys;

coordinating the drafting and negotiation of contracts; and drafting bills for legislative consideration. May plan, assign, and / or supervise the work of others.

Works under minimal supervision, with extensive latitude for the use of initiative and independent judgment.

Minimum Qualifications

• Graduation from an accredited law school with a LL.B. or J.D. degree.
• Seven to ten years of legal experience in corporate, investment or securities law is required.

Preferred Qualifications

• Experience with strong organizational skills and attention to detail.
• Familiarity with investment-management concepts.
• Experience reviewing and negotiating limited partnership agreements, investment management agreements, subscription documents, ISDAs and MCAs, MRAs, and MSFTAs.

Licenses / Certifications :

• Active license in good standing to practice law in the State of Texas or able to immediately activate license through Texas State Bar upon request.
• A valid Texas (or state of residency) driver’s license and a satisfactory driving record are a condition of employment.
• Applicants offered an interview must present the following documents at or before the interview : A state issued driving record for the last 36 months;

valid Texas driver’s license (or state of residency driver’s license); and current proof of automobile insurance.

Qualifications

In this role you will have :

Investment Responsibilities

• Provides legal advice and counsel on any matters related to TTSTC’s operations.
• Reviews, drafts, and negotiates contracts, subscription agreements and redemptions, limited partnership agreements and amendments, side letters, most favored nation elections, reporting and tax forms, and confidentiality agreements related to fund investments.

Reviews, drafts and revises investment policies, resolutions, and other documents related to investments.

• Drafts, reviews and negotiates contracts related to trust services, including funds management, investment services, and escrow agreements.
• Negotiating, drafting, and reviewing ISDAs and MCAs, MRAs, and MSFTAs.
• Negotiates and drafts nondisclosure agreements.
• Reviewing additional subscription and redemption requests.
• Works with outside counsel as necessary.

Other Responsibilities

• Drafts, reviews and tracks contracts and requests for proposals relating to TTSTC administration and coordinates with Comptroller’s office.
• Drafts, reviews and revises internal policies, rules, and other TTSTC operational documents.
• Drafts, reviews and tracks contracts and requests for proposals relating to TTSTC operations.
• Conducts research and reviews, tracks and drafts legislation, submits reports and coordinates with legislative affairs staff.
• Assists in responding to audit requests and comments. Assists in responding to open records requests.
• Performs other related work as assigned.

Knowledge of :

• Legal principles, practices, and proceedings across various subject matter areas including securities, contract, corporate, partnership, finance, and administrative / government law.
• Federal and state laws, regulation and rules impacting TTSTC investment and contracting activities, including ethics and fiduciary responsibilities.
• Best practices in private and alternative investments, including Institutional Limited Partners Association (ILPA) principles.
• Laws, regulations, and rules impacting TTSTC and Comptroller.
• Legal research methods and techniques.

Skill in :

• Responsibilities include providing legal advice to the TTSTC pertaining to thefollowing :
• Reviewing, negotiating, and drafting legal documentation for investments in private equity funds, hedge funds, real estate funds, and others, including offering memoranda, limited partnership agreements, investment management agreements, side letters, subscription documents, non-disclosure agreements, stock purchase agreements, investors’ rights agreements, and related documents;
• Preparing and reviewing requests for proposal orqualifications;
• Drafting and negotiating contracts with vendors, investment consultants, external investment managers, outside legal counsel, andbroker-dealers;
• Reviewing and drafting documentation relating investment operations, including non-disclosure agreements, investment policies, and other duties asassigned;
• Reviewing, negotiating, and drafting derivative transaction agreements, including International Swaps and Derivatives Association (ISDA) agreements;
• Repurchase agreements, including Master Securities Forward Transaction Agreements(MSFTA);
• Reviewing and providing counsel regarding regulatory matters, including Dodd-Frank regulatory compliance,andotherfederalandstatelaws,regulationsandrulesimpactingTTSTCinvestment activities, including the Securities Act of 1933, Securities Exchange Act of 1934, the Investment Company Act of 1940, and other matters pertaining to ethics and fiduciaryresponsibilities.
• Conducts research and providessupport :
• Reviews and monitors proposed state or federal legislation andregulations;
• Provides advice and assistance regarding all applicable existing or proposed federal, state, and agency laws, rules, andpolicies;
• Conducts legal research and analysis, describing application of findings to TTSTC business and investmentactivities;
• Coordinates and reviews related work of paralegals, specialists, and support staff with regard to specific areas of responsibility.
• Effectively conveying information and encouraging an exchange of ideas.
• Identifying, defining, and solving problems.

Ability to :

• Prepare, prioritize and complete legal investment transaction documents for multiple fund closings, additional subscriptions, and redemptions prior to deadlines;
• Prepare, review, edit, summarize, and submit legal documents;
• Attend meetings of the Comptroller’s Investment Advisory Board and other board meetings and investment committee meetings and preparing meeting materials.
• Conduct research and summarize findings;
• Interpret and apply laws, regulations, rules, and policies;
• Demonstrate a high level of integrity, strong work ethic and commitment to meeting deadlines
• Maintain confidentiality and protect the privacy of state employees, taxpayers, and other members of the public.
• Follow all agency confidentiality, privacy, and information security policies and procedures.
• Appropriately store, secure, and protect sensitive records and other confidential documents and data in accordance with the agency’s certified Records Retention Schedule.
• Seek guidance and clarification from relevant agency specialists when potential confidential issues arise.
• Use discretion and appropriate judgement in communicating confidential and sensitive information.
• Work with others to achieve a common goal.
• Adjust to changing workplace demands.
• Meet the needs and expectations of internal and external customers.
• Effectively demonstrate skill and ability to perform the specific job duties and tasks as defined by a job description.
• Be dependable, meet deadlines and produce high-quality work.

Veterans :

To receive veteran's preference a copy of your DD214 (Member 4) is required.

Veterans, Reservist or Guardsmen with an MOS or additional duties that fall within the essential duties of the job position or other related fields pertaining to the minimum experience requirements may meet the minimum qualifications.

All active duty, reservists, guardsmen, and veterans are encouraged to apply if they meet the qualifications for this position.

Please call Human Resources, CPA Veterans Liaison at 512-475-3560 / 800-531-5441 for more information or assistance.

If selected for the position the following must be provided for proof of veterans’ preference :

• Veteran must provide form DD 214
• Surviving Spouse or Orphan must provide DD 1300 or DD 214.
• Military Occupational Specialty (MOS) codes that may correspond to the state classification title for this position are listed on the ;

click on the occupational category for the position. Additional MOS can be found at the State Auditor’s Office .

The provides helpful employment information. Go to : , , or for assistance translating your military experience and training courses into civilian job terms, qualifications / requirements and skill sets.

Applications submitted through Work In Texas :

Work In Texas (WIT) applicants must complete the supplemental questions to be considered for the posting. To complete the supplemental questions please go to CAPPS Recruit to register or login and access your profile.

The Comptroller’s Office is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity.