RiseMe
Schonfeld logo
Schonfeld Verified
Financial Services, Hedge Fund, Asset Management, Quantitative Trading

Associate Counsel, PM Legal and Fund Formation

New York, NYOnsiteFull TimePosted 2 months agoVisa sponsorship available

Is this role right for you?

Upload your resume and get a skill-by-skill breakdown — see exactly where you match, where you're close, and what to highlight. Not a mystery percentage.

Get a tailored resume highlighting what this role needs.

Required skills

  • J.D
  • State Bar
  • Investment Management
  • Fund Formation
  • Portfolio Management
  • Capital Development
  • Investor Relations
  • Contracts
  • Investment Management Agreements
  • Employment Agreements

Nice to have

  • In-house experience

Role summary

Schonfeld is seeking an Associate Counsel for their Legal Team, focusing on Portfolio Management and Capital Development & Investor Relations. The role involves drafting, negotiating, and interpreting contracts, managing fund formation and capital development activities, and assisting with strategic transactions and regulatory matters. The ideal candidate will have a J.D., 4-6 years of experience in investment management/funds law, strong analytical and drafting skills, and excellent organizational and interpersonal abilities. Experience with AI tools for legal teams is preferred. This hybrid role offers a competitive salary and benefits package.

The Role

We are seeking to hire an exceptional individual to join our Legal Team at Schonfeld. You will have the opportunity to work within two of the Legal Team’s practice areas: Portfolio Management (PM onboarding/offboarding/counseling) and Capital Development & Investor Relations. This is a dynamic opportunity to partner with senior management and to blend your legal acumen with your desire to get closer to the business while addressing a wide variety of legal issues.

What you’ll do

Your primary focus will be:

  • Drafting, negotiating and interpreting various contracts directly with our portfolio managers (most commonly, investment management agreements, employment agreements and deeds), as well as handling related onboarding and offboarding matters.
  • All facets of fund formation and capital development, including launching new investor-facing products, updating existing fund documents, preparing and reviewing side letters, maintaining fund side letter logs, negotiating placement agent agreements, and assisting with investor queries and communications.
  • Help to spearhead strategic transactions, private equity transactions, loan documents and regulatory matters.
  • Partnering closely with our stakeholders in other departments in furtherance of the above goals, including the Firm’s CEO/CIO, COO and CFO, as well as the strategy heads, business development teams and our capital development team.
  • Working collaboratively with outside counsel and other advisers.

    • What you’ll bring

    What you need:

  • A J.D. from an accredited law school and admittance to a state bar.
  • At least 4-6 years of experience in the investment management/funds practice area.
  • In-house experience is preferred but not required.
  • Superior legal analytical and drafting skills.
  • Superior organization, communication and interpersonal skills.
  • Ability to prioritize and handle urgent competing workstreams.
  • Ability to work both independently and collaboratively in a demanding, fast-paced and fluid environment while maintaining superior rigor and attention to detail.
  • Ability to build trust and maintain positive working relationships with internal and external stakeholders at all levels.
  • Interest or experience in identifying and implementing AI tools to assist the legal team more broadly.

    • Who we are

    Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.

    Our Culture

    At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls.

    The base pay for this role is expected to be between $200,000 and $250,000. The expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation, such as a substantive performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors, such as skills, qualifications, and experience.

    #LI-DK1

    Ready to apply?
    You'll be redirected to Schonfeld's application page.

    Similar roles

    See how RiseMe works

    Match, tailor, and prep so you send fewer applications and land more interviews.